The ________ ERP System Was Deemed a Success Although It

question 54

Multiple Choice

The ________ ERP system was deemed a success although it cost 30 percent more than originally estimated.

• A) Air Force
• B) Army
• C) Marine Corps
• D) Navy

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Definitions:

Cumulative Voting

A voting system used in elections, where shareholders multiply the number of shares they own by the number of director positions available to get their total number of votes.

Corporate Governance

The set of rules that controls a company's behaviour toward its directors, managers, employees, shareholders, creditors, customers, competitors, and community.

Independent Directors

Independent directors are members of a board of directors who do not have a material or pecuniary relationship with the company or its related entities, ensuring unbiased decision-making.

Board Size

Refers to the number of directors serving on a company's board, important for governance and strategic decision-making.