Wonder Company Is Considering Installing an ERP System

question 50

Multiple Choice

Wonder Company is considering installing an ERP system. To make a good decision, Wonder needs to conduct a(n)

• A) JIT survey.
• B) TQM survey.
• C) ISO 9001:2000 survey.
• D) cost-benefit analysis.

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Definitions:

Paid

Receiving money or other forms of compensation in exchange for goods provided or services rendered.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, emphasizing the effects of consequences on behavior modification.

Extinction

In psychology, the process through which a conditioned response decreases in frequency and eventually disappears.

Artwork

Products of artistic value or creation, encompassing a wide range of forms such as paintings, sculpture, and literature.