Although ERP Systems Are Built Around the Idea of Best

question 35

Multiple Choice

Although ERP systems are built around the idea of best practice,some organisations will choose not to adopt the ERP best practice,seeking instead to modify the design of the system.The mostly likely reason for doing so is:

• A)Modifying the ERP system will lower the cost of implementation because redundant features are removed.
• B)The 'fit' between the system and the business processes needs to exist.Ii is easier to change the system than to change the organisational design.
• C)The ERP system is unable to drive some of the organisation's unique business processes that provide distinct competitive advantage to the organisation.
• D)Adopting an ERP system off the shelf erodes competitive advantage because everyone else has the same software at their disposal.

Define criteria for what constitutes a "successful" woman in the modern workforce.

Understand the difference between the behaviors of hypnotized individuals and those pretending to be hypnotized.

Recognize the challenges and limitations in research related to hypnosis, including testing claims and interpreting results.

Identify the physiological and psychological effects of hypnosis and meditation.

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Definitions:

Proxy Fights

Efforts by a group of shareholders to alter company management or policies by persuading other shareholders to vote in a way that is contrary to the current management's wishes.

Agency Problem

A conflict of interest arising between parties in a transaction, typically between the principals (owners) and the agents (managers) of a company, where the agent may not act in the best interest of the principal.

Merger

The combination of two or more companies into a single company, where they operate as a single legal entity.

Management Bonus

Additional compensation awarded to managers or executives, often linked to performance criteria or achievements.