Typically, how are ERP systems acquired?
A) By purchasing or leasing packaged software
B) Built in-house
C) Built with proprietary software
D) Custom built by consulting companies and vendors

Question

Quizplus · Accepted Answer

ERP systems are typically acquired by purchasing or leasing packaged software from vendors who specialize in ERP systems. While some companies may opt to build their own ERP system in-house or with proprietary software, this is less common and often not as cost-effective as purchasing a pre-existing software solution. Similarly, while consulting companies and vendors may offer custom-built solutions, these are generally not the primary way in which ERP systems are acquired.

Typically, How Are ERP Systems Acquired