Wonder Company is considering installing an ERP system. To make a good decision, Wonder needs to conduct a(n)
A) JIT survey.
B) TQM survey.
C) ISO 9001:2000 survey.
D) cost-benefit analysis.

Question

Quizplus · Accepted Answer

Conducting a cost-benefit analysis would be the best way for Wonder Company to make a good decision regarding the installation of an ERP system. This analysis would help identify the costs associated with implementing and maintaining the system, as well as the potential benefits such as increased efficiency and productivity. By comparing the costs and benefits, Wonder can determine if the investment in the ERP system is financially viable.

Wonder Company Is Considering Installing an ERP System