Explain the benefits and risks associated with enterprise resource planning systems.
What will be an ideal response?
ERP benefits include integrate financial information, integrate customer order information, standardize
and speed up manufacturing processes, reduce inventory and standardize human resource information.
ERP risks (costs) include software costs, consulting fees, process rework, customization, integration and
testing and data warehouse integration and data conversion.
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If the population in a country is 182 million, the working-age population is 134 million, the number of employed people is 73 million, and the number of unemployed people is 14 million, then the labor-force participation rate in the country is
A. 47.8 percent. B. 64.9 percent. C. 73.6 percent. D. 82.1 percent.
Janet is very aggressive at her job, and her coworkers complain that she often manipulates them and her boss in order to get ahead. She attempts to direct everything and everyone, regardless of the consequences to others or even the organization itself. Janet is expressing what type of need for power?
A. Personal B. Destructive C. Legitimate D. Organizational E. Compensatory
A department with a positive direct operating margin should always be discontinued
Indicate whether the statement is true or false
As the newest member of the marketing department, your immediate boss asks you to comment on the company's proposal to add two new shoes to the company's middle-of-the-road pricing and product-line strategies
The first pair will retail for $ 40 and has as its target market the "bargain" shopper. The second pair will retail for $200 and is targeted at the "sophisticated shopper." In relation to product-line strategy, what is the company trying to accomplish with these two new items?