What are the four ways in which organizations can implement a system conversion?
What will be an ideal response?
Organizations can implement a system conversion in one of four ways. In a pilot
installation, an organization implements the entire system on a limited portion of the business. In
a phased installation, a new system is installed in phases across the organization. With parallel
installation, a new system runs in parallel with the old one until the new system is tested and
fully operational. The final style of conversion is plunge installation (sometimes called direct
installation). With it, an organization shuts off the old system and starts the new system.
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A prior arbitration award cannot be considered in subsequent arbitrations, even if it involves the same parties, the same contract, and the same issues
Indicate whether the statement is true or false
The firm's initial net working capital is ________. (See Table 14.2)
A) $15,000 B) $13,000 C) $5,000 D) $10,000