Amodel can be accurately described as a simplification of reality. realistic and carefully constructed theory. theoretical abstraction with very little value. device that is useful only to the people who created it.

Adisadvantage of corporations is that shareholders have to pay on profits.

Erp has all the following advantages except: modules throughout a corporation can communicate with each other while purchasing is difficult, the vendors such as sap make it worthwhile due to easy implementation have predefined software that represents "pretty good practices" or even "best practices" enables standardized procedures in an organization reduces inconsistent data stored in various locations of the organization

Management training programs, mentoring programs, and coaching systems are examples of