All of the Following Are Reasons That Implementing a New

question 81

Multiple Choice

All of the following are reasons that implementing a new ERP may fail except

• A)employees may resist using the ERP system.
• B)ERPs can take years to fully implement.
• C)employees may refuse to share sensitive information with different departments.
• D)ERPs may require procedures and reports to be standardized across business units.

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Definitions:

Reference Pricing

A type of psychological pricing in which a lower-priced item is compared to a more expensive brand in hopes that the consumer will use the higher price as a comparison price.

Price Skimming

A pricing strategy involving setting an initially high price before gradually lowering it over time as the product's novelty wears off.