All of the Following Are Disadvantages of an ERP System

question 2

Multiple Choice

All of the following are disadvantages of an ERP system except

• A)an ERP provides an integrated view of the organization's data.
• B)ERP software and hardware can cost midsized companies between $10 million and $20 million dollars.
• C)ERPs frequently cause organizations to change their business processes to standardized ones.
• D)ERPs are relatively complex.

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Definitions:

Basic Cable Service

A subscription service that offers a core package of television channels through a cable provider.

Price Increase

A price increase occurs when the cost of goods or services rises, resulting in consumers paying more for the same quantity or quality of product.

Revenue Increase

The rise in the total income generated from the sale of goods or services.

Price Effect

The impact on the quantity demanded of a good or service due to a change in its price.