Corey’s Hmk wk6
ROI is one of the most common financial measuring tools. Being able to calculate the ROI, or expected ROI, allows us to make the best decisions about where to invest our funds for the most return on our investment over time.Part 1Using the numbers in Course Scenario: Phoenix Fine Electronics, which was provided in Week 1, perform the following tasks:Calculate the estimated ROI for an ERP implementation.Calculate the estimated productivity as a result of implementing ERP system.Note: If you need help calculating ROI, review this week’s activity, LinkedIn Learning: Content Marketing ROI by Honigman.Part 2Complete your business case to present to the management team of Phoenix Fine Electronics. Incorporate your analysis and instructor feedback from the previous weeks’ assignments.Include the following:Executive summaryHigh-level overview of business needs and desired outcomesScope of the projectMeasurable values of the new systemAn explanation of the strategic alignmentEstimated ROI and productivity (from Part 1)Final recommendationSubmit your assignment.