When using the free-cash flow model, cash flows are discounted at the weighted average cost of capital (WACC) and when using the dividend discount model, dividends are discounted at….
Enterprise Resource Planning
Reflect on the readings for this module as well as those from previous modules when you consider this module’s discussion question. In your response, take into account the time constraints on modern businesses in terms of time to market and demand for innovation. As an aside, and not as part of the assignment, you may wish to consider how your answers would or would not change if you were considering a craftsmen-type or vertically-integrated business.
Based on the above information and on your reflection of the statements for the course, response to the following:
If continuous improvement is the key to remain competitive, then why firms codify so many processes into enterprise resource planning (ERP) systems?
Does this limit innovation and if so, how can that risk be reduced? If you were an ERP vendor what would be your perspective?
Write your initial response in 300 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation