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:

Spot Price

The current market price at which a particular asset can be bought or sold for immediate delivery.

Arbitrage Opportunities

Situations where a trader can make a profit from the price difference of a security or commodity in two different markets without risk.

Spot Price

The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.

Gold

A precious metal that serves as a form of investment, currency, and store of value, historically used to hedge against inflation and currency devaluation.