Describe Four Advantages and Four Disadvantages of Implementing an ERP

question 40

Essay

Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.

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Definitions:

Homeostasis

The process by which living organisms regulate their internal environment to maintain a stable, constant condition.

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, ranging from basic physiological needs to self-actualization.

Narcissism

A mental health condition marked by an exaggerated feeling of self-worth, desire for admiration from others, and an absence of compassion towards others.

Ostracism

The exclusion from a society or group.