Which of the Following Statements Regarding Enterprise Resource Planning Systems

question 38

Multiple Choice

Which of the following statements regarding enterprise resource planning systems is NOT correct?

• A)Most companies using ERP use their system to serve all of the information requirements.
• B)The primary advantage of ERP systems is that they pull together all of the classic business functions into a single, tightly integrated package.
• C)All of the business functions running from an ERP system use a common database.
• D)Making ERP systems integrate with other applications in a business presents a significant technological challenge.

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Definitions:

Extensive Form

A representation of a game that shows the sequence of moves, their possible outcomes, and payoffs for each player.

Strategic Form

Strategic form, often referred to in game theory, is a representation of a game that summarizes the strategies and their respective payoffs for all players.

Credible Threats

A concept in game theory where a threat made by one party to another is believable and likely to be executed if conditions are not met.

Repeated Game

A strategic scenario where the same game (decision-making situation) is played multiple times, allowing for strategy revisions based on past outcomes.