What is ERP? What are the three reasons why ERP could fail?
What will be an ideal response?
ERP is enterprise resource planning. ERP unites all of a company's major business activities from order processing to production within a single family of software modules. The system provides instant access to critical information to everyone in the organization from the CEO to the factory floor worker.
The three reasons ERP could fail are insufficient tailoring of the software to fit the company, inadequate training, and insufficient implementation support.
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Nobelle, a chocolatier based in France, produces candy containing exotic ingredients from the rain forests of Brazil. The ingredients are provided by a single supplier who has an exclusive contract with Nobelle
The chocolate manufacturer thus has a great deal of power over the market. This is an example of ________. A) strategic management B) distinctive competence C) competitive advantage D) strategic vision