What is the Capability Maturity Model and how does it help gauge a company's readiness for an ERP implementation?

What will be an ideal response?

The CM model is one way that organizations can measure how well prepared they are for implementing complex systems such as ERP. Their IT capabilities are rated on a scale of 1-5 where one is the lowest and 5 is the highest. Organizations with a low rating will need to hire outside consultants in order to gain the expertise needed for an ERP project, and they may not want to make too many modifications to the purchased ERP package.

Business

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As used in connection with deposit receipts, the "contract date" is:

a. the date the earnest money is deposited b. the date the contract is prepared c. the date the buyer sign the deposit receipt d. when full acceptance is communicated

Business

In discussing things that remain constant, the chapter refers to caring, concern and competence. Describe three ways to do this as discussed in the chapter

What will be an ideal response?

Business