The Most Critical Factors in Successful ERP Programs Are __________________

question 75

Short Answer

The most critical factors in successful ERP programs are __________________ and _________________.

Analyze the impact of the product life cycle on strategic fit.

Identify the weaknesses of different strategic views within supply chain management.

Define the elements of scope of strategic fit.

Distinguish between the keys to the success or failure of a company.

---

Definitions:

Asset

Assets held by a company or person anticipated to yield economic advantages in the future.

Expense Payable

Obligations or liabilities to pay for goods or services received but not yet paid for.

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity, representing a company's financial position.

Assets

Resources owned by a business or individual that are expected to provide future economic benefits.