1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
castortr0y [4]
3 years ago
5

Many firms choose not to implement operational components of ERP software and instead elect to create their own propriety soluti

ons in part because they see their uniqueness in certain operations areas as key to creating difficult-to-imitate competitive advantages.
Business
1 answer:
rjkz [21]3 years ago
7 0

Answer:

The correct answer is True.

Explanation:

THE COMPANIES THAT HAVE IMPLEMENTED AN ERP SYSTEM to integrate their operations, testify to how they improve their performance UP TO 70% since, the ERP system manages to optimize the operational processes of a business.

However, it is necessary to make a good evaluation for your organization, ONCE IT IS DECIDED TO IMPLEMENT THE ERP SYSTEM. Therefore we present here some advantages and disadvantages that may be useful when making such an evaluation.

DISADVANTAGES

HAVING AN ERP SYSTEM HAS MANY ADVANTAGES, but it does not guarantee the total success of the company. The organizational culture, knowing how to involve the staff and anticipate the changes that the organization will undoubtedly undergo when using this administration system, are very important elements for the culmination of the implementation.

THE EFFECTIVENESS OF THE ERP SYSTEM may decrease if there is resistance in sharing information between business units or departments. Due to the strong changes that the ERP SYSTEM implementation entails in the work culture, it is possible that there are poorly trained or uninterested personnel in making use of it.

THE BENEFITS OF HAVING AN ERP SYSTEM do not come immediately with the implementation of the software, these will be evident long after the system is running.

The culmination of the implementation depends on the capacity and skill of the workforce, it also implies education and training, to make the system be applied correctly.

You might be interested in
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
Keynes believed that Question 8 options: Say's law would hold in a laissez-faire economy. the economy would always be near or on
zloy xaker [14]

Answer:

wages and prices are often inflexible in the downward direction.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

Keynes believed that wages and prices are often inflexible in the downward direction.

In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.

6 0
2 years ago
In a firm's income statement, interest payments on debt are deducted Blank______ corporate taxes are calculated, which Blank____
seropon [69]

<em>In a firm's income statement, interest payments on debt are deducted </em><em>before </em><em>corporate taxes are calculated, which</em><em> reduces</em><em> the firm's tax liability.</em>

<h3>Income statement: What is it?</h3>

An overview of the company's operations for a specific time period is provided in the income statement. The revenue (gross and net sales), cost of products sold, operational expenditures (selling and general and administrative expenses), taxes, and net profit or loss are the statement's primary components.

<h3>What is displayed on a firm's income statement?</h3>

The statement logically and coherently presents the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.

learn more about firm's income statement here <u>brainly.com/question/14733237</u>

<u>#SPJ4</u>

6 0
2 years ago
A(n) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects
shepuryov [24]
A PROJECT MANAGEMENT OFFICE facilitates the development of organisational ............................
Project management office refers to a department within a business which defines and maintains standards for projects management within that organisation. It is the one that is responsible for setting standard which are used during the executions of projects by the company.
5 0
3 years ago
Sarjit Systems sold software to a customer for $176,000. As part of the contract, Sarjit promises to provide "free" technical su
My name is Ann [436]

Answer:

DR Cash ..............................................................$ 176,000

CR Sales Revenue................................................................$149,600

CR Deferred Revenue..........................................................$26,400

Explanation:

Revenue should only be recorded when earned and as the 6 month technical support can be sold separately, it is revenue that has not be earned yet as the 6 months have not elapsed. This will therefore need to be recorded as Deferred revenue.

Sold alone, the revenue is more than when they are sold together so use the standalone price to find out the revenue when sold together by proportionality.

Sales revenue = 153,000/180,000 * 176,000

= $149,600

Deferred Revenue = 27,000/180,000 * 176,000

= $26,400

7 0
3 years ago
Other questions:
  • Why is planning such an important part of marketing?
    8·1 answer
  • The distinction between operating and nonoperating income relates to: a. Continuity of income b. Reliability of measurements c.
    13·1 answer
  • Brand loyalty, usage rate, and perceived risk are studied with which possible base of market segmentation?
    15·1 answer
  • 1. The purpose of preparing a direct materials budget is to ________. a. allocate the cost of raw materials to production depart
    5·1 answer
  • Assume France and Mali can both produce grain and dates, and that the only limited resource is the farming labor force, meaning
    5·1 answer
  • The VP of Marketing directs you to begin looking at markets for Powerfully Fit's products: "Assuming that we focus on the desire
    12·1 answer
  • Name one thing you're afraid of when you think of college and career.
    14·1 answer
  • You deposit $1,900 into an account that pays 3% per year. Your plan is to withdraw this amount at the end of 5 years to use for
    10·1 answer
  • Ryan's Express has total credit sales for the year of $189,000 and estimates that 3% of its credit sales will be uncollectible.
    8·1 answer
  • QUESTION 5
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!