What are third party products and why are they needed?

What will be an ideal response?

Third party products are add-ons or sometimes called ERP bolt-ons which are intended to provide additional or missing functionality that is not part of the ERP package. For example, some companies will purchase an RFID bolt-on to expand their ERP system. These packages can be either purchased or developed in-house and may include operational software to help distribute reports or enforce better security.

Business

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Which method of adjusting for nonresponse has the researcher contacting a sub-sample of the nonrespondents; projecting the values obtained from the sub-sample to all respondents; then adjusting the survey results to account for nonresponse?

A) substitution B) sub-sampling of nonrespondents C) subjective estimates D) replacement

Business

Tangible benefits arising from project implementation using CIM principles include a shorter manufacturing cycle time, lower inventory, lower project reject rate, and increased customer satisfaction

Indicate whether the statement is true or false

Business