Which of the Following Is Considered an Advantage/benefit of Utilizing

question 42

Multiple Choice

Which of the following is considered an advantage/benefit of utilizing an ERP system?

• A)Fairly inexpensive to purchase and implement
• B)Enables the company to utilize a single centralized database system,thus eliminating duplicate data entry.
• C)Flexible enough that it allows different companies with different business models to mold the new ERP system to fit the company's business model
• D)All of these

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Definitions:

Tit-For-Tat Strategy

A cooperative and competitive strategy where an entity responds to an action with a similar action, often used in game theory and conflict resolution.

Cooperates

Defined as the act of working together towards a common goal or interest.

Competes

Engages in a contest or rivalry against others to achieve a goal or superiority.

Conflict Management

The practice of identifying and handling conflicts sensibly, fairly, and efficiently, through various strategies and approaches.