Which statement is LEAST accurate?

a. Implementing an ERP system has as much to do with changing the way an organization does business than it does with technology.
b. The big-bang approach to ERP implementation is generally riskier than the phased in approach.
c. To take full advantage of the ERP process, reengineering will need to occur.
d. A common reason for ERP failure is that the ERP does not support one or more important business processes of the organization


D

Business

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In-home interviewing permits easy interviewer supervision and control as the interviewers are traveling door-to-door

Indicate whether the statement is true or false

Business

Limits are placed on a retailer's merchandise lines in a planned shopping center to help promote _____

a. scrambled merchandising b. affinities c. balanced tenancy d. a one-hundred percent location

Business

Contribution margin ratio can be calculated in all of the following ways except

A) Contribution margin per unit/Selling price per unit B) 1 - Variable cost ratio C) Fixed costs/Contribution margin per unit D) Total contribution margin/Total revenues E) all of these

Business

Demron is in serious negotiations to purchase a welding machine that will enable them to perform their own welding. They currently have their welding outsourced at a cost of $1.50 per weld and a fixed cost of $45,000

Their marketing team feels that they can sustain an annual sales volume sufficient to require 35,000 welds. If a fancy new welding rig costs $13,500 what is the maximum variable cost per weld that Demron should be willing to pay in order to bring this process in-house? A) $3.00 per weld B) $2.40 per weld C) $2.00 per weld D) $1.45 per weld

Business