Umble and Umble Suggested Six Necessary Conditions for a Successful

question 24

Multiple Choice

Umble and Umble suggested six necessary conditions for a successful ERP implementation.Expectancy theory can be useful in achieving all of the following conditions except:

• A)Obtaining organizational commitment.
• B)Viewing ERP as an enterprise-wide venture.
• C)Resolving multisite issues.
• D)Ensuring data accuracy.

---

Definitions:

Current Assets

Assets likely to be converted into cash, sold, or consumed within a year or the normal operating cycle of the business.

Profit Margin

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a business.

Net Income

The profit of a company after all expenses and taxes have been subtracted from total revenue.

Dollar of Sales

The total monetary value of sales transactions completed over a specific period.