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(Write in your own words, no copy-paste or plagiarism) In addition, one of the board members of the company has some doubts about the usefulness

(Write in your own words, no copy-paste or plagiarism) In addition, one of the board members of the company has some doubts about the usefulness of ERP. You are required to provide answers to the following questions as well. 1. The board member is of the opinion that ERP does not suit every business and as such the investment is unnecessary. 2. Running and implementing the ERP will be difficult and there are chances that the whole project will fail. (Hint: Go to the last slide of the Lecture 3 presentation, there are some assignment questions there. You will have a better chance to make a logical argument by answering the questions there).

  1. How much does an ERP system cost?
  2. every business buy an ERP package?
  3. ERP software inflexible?
  1. return can a company expect from its ERP investment?
  2. long does it take to see a return on an ERP investment?
  3. do some companies have more success with ERP than others?

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