Describe three different factors that should be researched when examining potential ERP vendors
What will be an ideal response?
Because ERP systems are so complex, there is a wide variety of questions that should be asked when researching potential ERP vendors. Because you want a company that will be around in ten years, their financial position should be considered. Other businesses who have used them should also be consulted and their reference customers checked. In the industry, you should check what your competition is using. A major consideration will be the infrastructure that their ERP system supports and how many users it will support. Of course, they should be using the latest technologies and should have a release and upgrade strategy. The quality of their customer support and maintenance should also be checked.
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The Data Accountability and Trust Act of 2009 (DATA) requires data owners to notify which of the following when a data breach has been discovered?
A. The Securities and Exchange Commission (SEC). B. The Federal Trade Commission (FTC). C. The National Security Agency (NSA). D. The Federal Bureau of Investigation (FBI).
From a marketing standpoint, a new product is anything that customers perceive as new and different
Indicate whether the statement is true or false
Good teams are results-oriented, meaning the team's success is measured by results, not effort
Indicate whether the statement is true or false.
From the standpoint of the stockholders of a company, the ratio that measures the overall performance of a company would be calculated using which of the following?
a. Average total assets and net income b. Average stockholders' equity and net sales c. Average stockholders' equity and net income d. Net sales and average total assets