How is the traditional ERP life cycle different from the traditional SDLC?
What will be an ideal response?
The ERP project team is formed differently than in the SDLC with members drawn from every functional area. ERP projects also focus more on the processes of the business and less on individual system functions. Since ERP systems are usually built on top of existing ERP vendor packages the focus is also on customizing the existing software rather than on programming new applications. To keep the project on track, ERP projects need to have strong commitment from top management. This commitment also extends to supporting special change management initiatives to get the most out of the new system.
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Discuss the key features of Section 404 of the Sarbanes-Oxley Act
Book value per share refers to the
a. net assets represented by one share of a company's stock. b. highest price that investors will pay for a share of stock. c. issue price of the stock, less any market decline since issuance. d. par or stated value of a share of stock.
Lamar runs a construction business and has over 200 employees. Members of a union for the welfare of construction workers approached him and claimed to represent a majority of his employees. Lamar, in good faith, recognized them
However, the union's claims were false. This makes Lamar guilty of violating ________. A) Section 8(a)4. and 8(a)5.of the National Labor Relations Act B) Section 8(a)1. and 8(a)2. of the National Labor Relations Act C) Section 101(A)1. of the Landrum-Griffith Act D) Section 101(A)5. of the Landrum-Griffith Act
With respect to combined business skills and knowledge, which of the following partnerships is best?
A. Mary, Janet, and Liz own a bakery. They are able bakers by trade. Each wants to spend all of his time baking items. B. Leslie, Andrea, and Jamie own a boutique. Leslie has marketing expertise. Andrea has ten years' experience operating a successful small store, including hiring employees, handling inventory control, buying, and managing credit. Jamie is a CPA. Each has agreed to use his or her experience and expertise for the success of the business. C. Courtney and Bob, both young pharmacists, own a pharmacy. Neither has taken a business course, but they are willing to learn. D. Jack and Reena own a video store. Reena is most experienced as a homemaker and mother. Jack has worked as an auto mechanic for ten years. E. Cory and Dany own a vacuum cleaner store. Cory knows everything possible about store operations. Dany is wealthy and can provide investment capital.