Which statement about ERP installation is least accurate?

a. For the ERP to be successful, process reengineering must occur.
b. ERP fails because some important business process is not supported.
c. When a business is diversified, little is gained from ERP installation.
d. The phased-in approach is more suited to diversified businesses.


C

Business

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A customer returned a textbook to a bookstore because she decided to drop the class after a few weeks. The sales clerk refunded the customer's money immediately because the store had a "no questions asked" refund policy. Which of the following service gaps was reduced because of the clearly defined guideline?

A. Delivery gap B. Communication gap C. Knowledge gap D. Research gap E. Procurement gap

Business

The level of the Project Management Maturity Model where the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods is called ________ of project management system.

Fill in the blank(s) with the appropriate word(s).

Business

The international organization which seeks to stabilize currency exchange is the:

A) United Nations Exchange Branch. B) International Court of Justice. C) United States Treasury. D) International Monetary Fund.

Business

Cactus Company is a calendar year S corporation with the following current year information:    Operating loss$(120,000)Liabilities:   Notes payable, City Bank 20,000 Notes payable, Jake Crow 20,000  On January 1, John James bought 50% of Cactus Company stock for $30,000. How much of the operating loss may John deduct on his Form 1040? Assume the excess business loss limitation does not apply.

A. $50,000 B. $40,000 C. $30,000 D. $60,000

Business