When might best of breed not be “best”?

What will be an ideal response?


When the cost of the additional software and development outweighs the benefit of the combined solution or when the core HRIS software provides “good enough” functionality.

Business

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How does availability of complements act as a value driver?

A. Complements add value to a product by offering an inferior substitute to it. B. Complements add value to a product when they are consumed in tandem with it. C. Complements add value to a product when they imitate it. D. Complements add value to a product by competing with it.

Business

In estimating cash receipts and cash payments for the cash budget, many organizations prepare supporting schedules

Indicate whether the statement is true or false

Business

Which of the following would LEAST likely be included in a firm's CRM system?

A) weekly sales call plans B) stress management techniques C) monthly planning calendar D) sales meeting notes E) customer information

Business

According to Max Weber, bureaucratic positions foster specialized skills, eliminating

A. many subjective judgments by managers. B. the need for organization. C. authority that resides in positions. D. the need for rules and controls. E. the need for skilled workers.

Business