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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.

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Southern California Publishing Company is trying to decide whether to revise its popular textbook, Financial Psychoanalysis Made
In-s [12.5K]

Answer:

Present value of the cash inflow= $69,086.97

Explanation:

<em>An annuity is a series of annual cash outflows or inflows which payable or receivable for a certain number of periods. If the annual cash flow is expected to increase by a certain percentage yearly, it is called a growing annuity. </em>

To work out the the present value of a growing annuity,  we use the formula:

PV = A/(r-g) × (1- (1+g/1+r)^n)

A- annual cash flow - 20,000

r- rate of return - 8%

g- growth rate - 3%

n- number of years- 4

I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity (winnings) as follows.  

A/(r-g)  = 20,000/(0.08-0.03) = $400,000

(1- (1+g/1+r)^n) = 1 -(1.03/1.08)^4 =0.17271

PV = A/(r-g) × (1- (1+g/1+r)^n)  =400,000 × 0.17271 =69,086.97

Present value of the cash inflow = $69,086.97

8 0
3 years ago
Mike started a calendar year business on September 1st of this year by paying 12 months rent on his shop at $1,000 per month. Wh
solong [7]

Answer:

C. $12,000 under the cash method and $4,000 under the accrual method

Explanation:

Under the cash basis of accounting, whenever an amount is received or paid, it is recognized in the books of accounts

Whereas, on the accrual basis of accounting, the cash received / payment or not it is recognized in the books of accounts. It is recorded when it is earned not when it is received or paid.  

So, by this above information

The cash method would recognize $12,000 ($1,000 × 12 months)

Whereas

The accrual method would recognize $4,000 ($1,000 × 4 months)

We assume the books are closed on December, 31

8 0
3 years ago
What strategy is a company using when it customizes its products, promotion, and distribution to fit cultural, technological, an
german
The answer is MULTINATIONAL STRATEGY.
5 0
2 years ago
In some countries it is customary to pay government officials to secure necessary business contracts and permits. American busin
tatyana61 [14]

Answer:

Foreign Antitrust Act.

Explanation:

The Foreign Antitrust Act is an act against contracts, combinations and conspiracies, which helps to control trade and commerce within several US states. It is a section of the Sherman Act of U. S. C 1. The major reason for this law is so that there will be equal opportunities and platform for businesses within the same industry to operate without one gaining too much power over the other. The law controls dirty activities people engage to make profits.

5 0
3 years ago
Read 2 more answers
You have been at fault in your sexond accident in 6 months. Your insurance company is going to increase your annual premium by 2
Flauer [41]

Answer:

$1,248

Explanation:

The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.

New premiums will be $975% plus 28%, which is equal to 128% of  $975

= $975 x 128/100

=$975 x 1.28

=$1,248

5 0
2 years ago
Read 2 more answers
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