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ERP Training Falls into Two Broad Categories

question 38

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ERP training falls into two broad categories. One of the categories is training on how to use the ERP application software. What does the training include?


Definitions:

Dollar Amount

The value of something represented in terms of the currency of the United States, expressed as a quantity of dollars.

Discount Rates

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Present Value

Present Value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, used in the assessment of investment attractiveness.

Initial Investment

The initial amount of money invested in a project, asset, or business at the start.

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