List and briefly discuss three problems with ERP systems
What will be an ideal response?
Well, one major problem is with the high cost of implementing an ERP system. Not only are they expensive to install, but they are expensive to maintain with all of the frequent upgrades. They are also extremely complex since they attempt to integrate all the processes across the entire organization which could entail globalization complexities too. It is often the case that end users do not like these systems since they entail many changes to their job descriptions, organizational structure, and may even have more awkward interfaces than their previous, custom-made internal applications.
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Ressen Company finds that typically 30% of a month's sales are for cash. Payments on accounts receivable are 60% in the month of sale and 38% in the month following sale. Budgeted sales for June are $100,000, for July $140,000, and for August $120,000. What are the total cash receipts budgeted for July?
A) $127,400 B) $85,400 C) $122,000 D) $262,000 E) $140,000
Federal district courts may hear all matters collateral to the bankruptcy, even if these matters are not normally permitted to be brought in federal court
a. True b. False Indicate whether the statement is true or false
Which of the following is not an example of organizational capabilities?
A. ability to hire, motivate, and retain human capital B. reputation with customers for quality and reliability C. outstanding customer service D. innovativeness of products and services
Accruals are considered:?
A. ?adjustable rate debt since a varying rate of interest is paid on them. B. ?expensive debt since high rates of interest are paid on them. C. ?cheap debt since low rates of interest are paid on them. D. ?free debt since no interest is paid on them. E. ?fixed-rate debt since a constant rate of interest is paid on them.