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If You Owned a Small Business, Would You Implement an ERP

question 9

Essay

If you owned a small business, would you implement an ERP system? Why or why not? If you owned a large business, would you implement an ERP system? Why or why not? HINT: Your answers should be different and should thoroughly discuss the positives and negatives of ERP implementation from the perspective of these different sized companies.


Definitions:

Insider Trading Laws

Regulations that prohibit trading a public company's stock or other securities by individuals with access to non-public information.

Supervising

The act of overseeing and directing the work and performance of others, ensuring tasks are completed efficiently and effectively.

Stock Market

A public market for the trading of company stock and derivatives at an agreed price.

Stock Exchange

A physical place in which stocks are traded by brokers on behalf of their investor clients.

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