An important point to keep in mind is that ________ not software, make decisions. ERP systems simply ________ better decision making.

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


people, support

Decision support relates to how well the system helps the user make intelligent judgments concerning how to run the business. A key point to remember is that people ultimately make decisions. ERP is just a tool to support the decision-making process.

Business

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When applying Porter's three generic strategies, Tiffany & Co. has a competitive scope and cost strategy that is ________.

A. Narrow market - low cost strategy B. Narrow market - high cost strategy C. Broad market - low cost strategy D. Broad market - high cost strategy

Business

In the Buddhist and Hindu tradition, what stops the cycle of reincarnation?

a. the choice to do good b. achieving an equal balance between immoral and moral behavior c. birth into a good being d. achieving a state of enlightenment

Business

The difference between budgeted and applied fixed factory overhead is referred to as a fixed overhead volume variance

Indicate whether the statement is true or false

Business

If a prospect responds negatively to a need-payoff question in the SPIN approach, the salesperson should:

A. begin demonstration of the product. B. ask direct questions. C. go directly into the presentation. D. start over with problem, implication, and need-payoff questions. E. use a trial close to gather feedback.

Business