Explain the benefits of an enterprise resource planning (ERP) application to multinational organizations
What will be an ideal response?
ERP brings huge benefits to multinational organizations. International ERP solutions are designed to work with multiple currencies, manage international transfers of goods in inventories, and work effectively with international supply chains. Even more important, ERP solutions provide a worldwide consolidation of financial statements on a timely basis. As a result, they can produce one set of financial reports, better analyze where costs could be saved, and identify where production can be optimized. While it is advantageous for these international firms to consolidate all their operations within one large ERP implementation, called a single instance, some firms maintain multiple instances, or an ERP for each country, business unit, or region. For these firms, the advantages of one set of data, a single financial system and worldwide process standards are outweighed by the cost of consolidating or the disparity among divisions.
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____________________ of the partnership results from any change in the members of the partnership
Fill in the blank(s) with correct word
Dalton is studying how to become a critical thinker. Please answer the questions below. Dalton learns that your ____ abilities can improve with practice.
A. reasoning B. decision-making C. both a. and b. D. neither a. nor b.
Using Table 7.6, suppose activity I is delayed, taking eight days to complete instead of two days. Assume all other activity times remain the same. How much longer will the total project earliest completion time become?
A) zero days B) one or two days C) three or four days D) five or six days
A manager is deciding whether or not to build a small facility. Demand is uncertain and can be either at a high or low level. If the manager chooses a small facility and demand is low, the payoff is $100
If the manager chooses a small facility and demand is high, the payoff is $300. On the other hand, if the manager chooses a large facility and demand is low, the payoff is -$200, but if demand is high, the payoff is $800. (a) What would be the best decision based on the Laplace criterion? (b) What would be the best decision based on Hurwicz's criterion of realism using ? = 0.6?