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:

Fourfold Test

A test for employment based upon ownership of tools, control, chance of profit, and risk of loss.

Risk of Profit

The possibility of encountering losses or gains in financial investments due to market fluctuations.

Control

The power or authority to manage, direct, or govern individuals, organizations, or systems.

Indefinite Hiring

An employment arrangement without a predetermined end date, typically at will and subject to termination by either party with notice.