Organizations Choose and Deploy ERP Systems for Many Different Benefits

question 27

Multiple Choice

Organizations choose and deploy ERP systems for many different benefits and reasons.Which of the following is a way that firms use to calculate such benefits?

• A)Through CRM and SCM
• B)Through clients and customers,who get the final benefits
• C)Through calculation of ROI,weighted against the benefits expected
• D)Through comparison of costs of using ERP and MRP

---

Definitions:

Price Rise

An increase in the cost of goods or services, commonly referred to as inflation in economic contexts.

Dominant Strategy

A tactic in game theory that remains optimal for an individual, irrespective of the choices made by their counterparts.

Annual Profits

The total profit a business earns over one financial year, calculated as the difference between its revenue and expenses during that period.

Good Quality Product

A product that meets or exceeds customer expectations in terms of durability, reliability, functionality, and satisfaction.