Which Statement Is LEAST Accurate

question 16

Multiple Choice

Which statement is LEAST accurate?

• A) Implementing an ERP system has as much to do with changing the way an organization does business than it does with technology.
• B) The big-bang approach to ERP implementation is generally riskier than the phased in approach.
• C) To take full advantage of the ERP process, reengineering will need to occur.
• D) A common reason for ERP failure is that the ERP does not support one or more important business processes of the organization

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Definitions:

Lower Prices

A market condition where goods or services are offered for sale at reduced costs, often due to surplus supply, decreased demand, or competitive strategies.

Barriers to Entry

Obstacles that make it difficult to enter a certain market or industry, which may include high startup costs, strict regulations, or strong competitor presence.

Differentiating

The process of distinguishing a product or service from others in the market to attract a specific segment of customers.

Barrier to Entry

Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.