Describe Four Advantages and Four Disadvantages of Implementing an ERP

question 40

Essay

Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.

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Definitions:

Arbitration of Disputes

A method of resolving disputes outside the courts, where the parties to a disagreement allow an impartial third party to make a decision.

Rights Dispute

A conflict regarding the entitlements or privileges granted to individuals or groups, often requiring mediation or legal intervention to resolve.

Collective Agreements

Collective agreements are contracts made between employers and a group of employees, often represented by a union, determining the terms of employment, wages, and workplace policies and conditions.

Jurisdictional Dispute

A disagreement over who has authority; in the labour context, a dispute between two unions over which one should represent a group of employees, or over which union members ought to do a particular job.