Many Firms Choose Not to Implement Operational Components of ERP

question 33

True/False

Many firms choose not to implement operational components of ERP software and instead elect to create their own propriety solutions in part because they see their uniqueness in certain operations areas as key to creating difficult-to-imitate competitive advantages.

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Definitions:

Social Entrepreneurship

An approach to business that focuses on creating solutions for social problems and making a positive impact on society.

Innovation

The process of creating, developing, and implementing new ideas, products, or methods to improve existing ones or introduce novel solutions.

Organizational Change

The process through which a company or organization changes its structure, strategies, operational methods, or cultural values.

Social Transformation

Significant changes in the structure and functioning of society, often aimed at improvement or progress in social, economic, or political areas.