The Causes and Consequences of a Currency Crisis Essay

The Causes and Consequences of a Currency Crisis - Essay Example This makes expansion and a current record deficiency, which may lead financial specialists to question the conversion standard peg. Examiners in the end mount an assault - that is, they request outside stores in return for the residential cash. To protect the peg, the money related specialists auction remote trade saves. At the point when the stores tumble in a specific way, the administration is confronted with a decision: should it break its outside guarantee (to keep the conversion scale fixed) or keep its inward political constituents upbeat (by not raising assessments or cutting spending) Governments for the most part pick inner targets over outside imperatives; that is, there is a cash emergency. A model like this functions admirably in assisting with understanding the breakdown of inflationary economies, similar to Russia in 1998. In any case, such models don't help comprehend late emergencies in Asia. Most Asian nations had splendid money related and monetary approaches that were seen as being practical. The subsequent model perspectives cash emergencies as movements between various money related strategy equilibria; here theoretical assaults can act naturally satisfying even against nations with sound approaches. In these models, advertise theorists start assaults dependent on their convictions about the eagerness of policymakers to oppose pressure on the conversion standard. At the point when markets see that conditions, for example, high joblessness or a powerless financial framework, bargain the national bank's ability to guard the money peg by raising loan fees, theoretical assaults are bound to succeed. At the point when a nation faces a cash emergency, different nations are influenced fundamentally in view of global exchange. Thailand confronted a money related emergency which prompted Malaysia and Indonesia's cash circumstance as these nations were Thailand's primary exchange rivals. Consequently, exchange is provincial so money emergencies are local. Downturns are related with cash emergencies and Last Name 3 lead to a fall in imports. Exchange streams are disturbed as one nation's imports fall makes another nation's fares decline. When exchange streams are upset, significant issues happen as facilitated commerce is a great thing. There are numerous models that endeavor to clarify the marvel of how a money related emergency is shaped. Chang and Velasco (1998) recommend a helpful model should comprise of the accompanying highlights, It must not depend on government trouble making to create the crisisIt must be sufficiently general to suit a wide assortment of macroeconomic circumstancesIt must be sufficiently explicit to clarify why in a portion of these macroeconomic situations an emergency happens, and in some it does notIt must record for the high watched relationship between's conversion scale crumples and banking crisesIt must imitate the bewildering truth that the discipline is a lot bigger than the wrongdoing The moving of data in worldwide budgetary markets can make a large portion of the data become caught. Minute changes in data can cause mind blowing conduct by global financial specialists. During a money emergency, governments will in general dispossess remote assets trying to raise reserves. (Chari and Kehoe, 1997). Their model suggests that lone governments with feeble notorieties are dependent upon unpredictable capital streams. Thailand confronted mind boggling outside (remote) obligations. As its obligations expanded, banks thought about whether it could meet its commitments. Henceforth, gracefully

Digital Radio Rebanding Essay Example for Free

Computerized Radio Rebanding Essay In this paper we have discussed the critical need of presenting more Emergency correspondence RF frequencies. The purpose behind requiring more frequencies are twofold right off the bat the frequencies previously dispensed are significantly less than required and besides every one of these frequencies required update the . We have likewise included frequencies at present utilized for crisis systems. We have discussed a situation where the hardware update became important when the crisis emotionally supportive network was changed to an alternate recurrence. Later in the paper we have suggested utilizing new advanced advances, for example, programming characterized radio, psychological radio and 802. 11 Adhoc systems for more grounded , secure, high information rate and solid correspondence. Presentation As the world is pushing forward the requirement for radio and remote correspondence can't be denied. This significance turns out to be increasingly apparent in crisis conditions and times . A few frequencies from the electromagnetic range are apportioned for crisis time correspondence by the administrations and organizations around the globe. One such office is FCC who is answerable for appointing diverse recurrence groups/There are some particular frequencies that are the assigned for the correspondence in crisis, a table of such apportioned frequencies are introduced here. The issue is this that these frequencies are being utilized for different purposes by the specialist and so on for correspondence or other sort of information move at different occasions and getting to these in the hour of crises gets troublesome. The airplane crisis recurrence is a lot of frequencies utilized on the airplane radio band held for crisis correspondences for airplane in trouble. The frequencies are 121. 5 MHz for non military personnel, otherwise called International Air Distress (IAD) and 243. 0 MHz for military use, otherwise called Military Air Distress (MAD). Both of these frequenices are utilized on the universal level. Advanced Radio Rebanding It is a surely understand reality that Electromagnetic range is a restricted source consequently the entire electromagnetic spectra has been jumped to be utilized for explicit purposes, one of such explicit object is to utilize Radio recurrence based correspondence in time of crisis. A few explicit groups are distribute for this reason however it has as of late been felt that these groups don't give the necessary frequencies and present day computerized radio will likewise not have the option to perform well in these groups. (Silva, 2001). Since these frequencies are restricted these additionally gotten swarmed at those seasons of crisis when many individuals are conveying for salvage and giving assistance. I. e on account of a significant catastrophe a few guide offices and associations approach that place, they utilize comparable gear and get themselves incapable to impart. In this manner it is a desperate need to expand the quantity of these dispensed frequencies just assigned to be utilized for crisis purposes. At a few times in the past the necessary crisis band were seen as involved and the clients were approached to stop utilizing those frequencies o n that period. One of the extraordinary models is of NOAA satellites which has got its frequencies changed in February 2009 and now it can just get signals from the 406 MHz recurrence reference points. It ought to be noticed that NOAA satellite was critical in sparing at any rate 283 individuals around the world. The more seasoned crisis reference points, working on the 121. 5 and 243 MHz frequencies, will never again be recognized. This is one of the principle ressons why all the hardware on the ground that they use should be overhauled. Occasions where the crisis frameworks bombed In the ongoing history during a few fiasco the requirement for ditial radio rebranding has been felt. The three significant occasions have high significance in such manner. During Hurricane Katrina, the crisis frequencies were seen as lacking and couldn't adapt up to the prerequisites. The crisis range was exceptionally packed and more individuals were discovered attempting to get to the channel than the range might suit. Crisis correspondence frameworks bombed on the grievous occasion of 9/11 and caused the individuals working in those organizations to assess their framework execution. The Indian Ocean Tsunami that happened in 2004 and caused roughly 350,000 passings and a lot more wounds. There could be substantially less passings if the crisis correspondence could be on advanced hardware and more ranges devoted. Advanced Radio Analog frameworks, which are transcendently existent in today’s crisis correspondence, are less expensive however computerized frameworks present considerably more effective, better execution, and more prominent adaptability. For the open security radio correspondence has been utilized as an essential methods for correspondence for a few associations including police yet there are slight improvement in the techniques used to move data. This absence of advancement after some time has lead to the congestion of current frameworks and the need to discover new and better techniques to impart in that medium. Late lamentable debacle raised worries about the current open wellbeing crisis correspondences and their powerlessness to oblige an enormous number of clients for a brief timeframe is not kidding dangerous. These at present frameworks neglected to offer the sort of salvage help as it was suspected before. With the execution of computerized innovation the apportioned recurrence band would take into account the expanded utilization of the range. Current frequencies and included new frequencies that would better permit numerous offices to speak with constrained issues when contrasted with current operational models. Sadly more spotlight is there on improving everyday correspondence since they yield more business yet genuine concerns are there and which should be tended to as a few simple based frameworks neglected to be viable in crisis correspondence. Suggestions By dissecting the circumstance we can without much of a stretch say that the held frequencies utilized for crisis correspondence are substantially less than what are required. Thus more frequencies are required for crisis correspondence groups, FCC and other recurrence designated associations need to consider extraordinarily on this viewpoint. Likewise it ought to likewise be ensured that no one with the exception of the approved clients utilize those frequencies subsequently on account of any crisis, the correspondence could be built up in a matter of seconds. We have likewise discovered that the simple radio correspondence is wasteful in this manner radio computerized broadcasting is essential in the hours of crisis and organizations previously working such It is additionally basic for the offices associated with crisis activity to have all their gear dependent on computerized radio. It is one in which all the correspondences is finished utilizing computerized adjustment methods: here we would discuss a portion of the ongoing headway in advanced radio innovation which has expanded the reuse of frequcnices with better exchange of information, voice and video both. Programming characterized Radio is one of the extremely encouraging advances and will end up being one of the significant improvements in the field of RF correspondence. In the event that SDR , as it is called , is presented in crisis correspondence hardware information interchanges, voice interchanges, video correspondences, would all be improved conceivable in much manners for the crisis reaction correspondences. ( Kenington, 2005) SDR is generally an assortment of equipment and programming advancements in which a couple of the radio’s working capacities, for example, physical layer handling are executed through reconfigurable programming which is singed into the distinctive programmable processors. The SDR has now been believed to be actualized utilizing field programmable entryway exhibits (FPGA), advanced sign processors (DSP), universally useful processors (GPP), implanted frameworks or other explicit programmable processors. With programming characterized radio new innovations can undoubtedly be worked to existing radio frameworks without requiring new equipment. (Reed, 2002) as a general rule the Software characterized radio (SDR) innovation brings adaptability and cost effectiveness and will be useful over the long haul for the crisis radio rebranding happens as regardless of what frequencies are appointed; just tweaking the product would empower the interchanges. Intellectual radio innovation Cognitive radio can be actualized uniquely for the crisis required correspondence since this promising innovation would oblige a lot a larger number of clients than the standard simple or advanced specialized strategies. (Arslan, 2007) Recent investigations exhibited that dynamic range access can improve range usage fundamentally by permitting auxiliary unlicensed clients to progressively share the range that isn't utilized by the essential authorized client. Psychological radio was proposed to advance the range use by shrewd abusing the presences of range openings. ( Fette, 2009) Other Technologies Few ongoing advances, for example, WiMAX (802. 16) may be conveyed related to customary correspondence modes to improve the information rate with the goal that pictures from the heartbreaking territory may be moved to remote territories. One other innovation that is coming to fruition nowadays is 802. 11 adhoc sensor systems which may likewise be conveyed in remote territories so that if any one needs salvage they would benefit from outside assistance. The adhoc systems are as of late acquainted innovation and might demonstrate with be exceptionally helpful. Today the salvage groups are proficient to do significantly more for the individuals out of luck and in crisis conditions dependent on the data they have yet for this they need point by point data as pictures recordings and itemized maps, The inheritance simple radio frameworks can't bolster high information rates nor are link of taking care of all the while. End: We finish up from this examination that not just the frequencies appointed are not exactly the required, considering the occasions where these frequencies were depleted and furthermore the gear being used is additionally should be founded on Digital Radio. In the event that the new frequencies are procured it has additionally been found

The Beginning of the End

The Beginning of the End Do you know what its like to only have two classes left to graduate? Theres a feeling that goes something like ugh, if only Id taken more classes in previous terms I could have graduated by now! But I am not dwelling on that. While some of my friends have completed their requirements in three or three-and-a-half years, four years feels just right to me. Then theres the feeling of relief. Whew I dont need to cram 6 classes together to finish my degree. In fact I can proceed at a comfortable pace. I can almost take it easy! But you cant just sit around waiting for June 4th to come. At least, I cant. :D But at least I am done with grad school apps now, and am back from blogging hiatus! Ive spent so much time worrying for my future will I get into a good school? Can I get a job? Can I ensure that Ive made the best out of my four years at MIT? Will I end up broke and homeless? :X I feel so out of touch with everyone. Being a second-semester senior in college sure feels different from being a second semester senior in high school. What on earth do you guys even need to know about nowadays? Comment below. ;)

Family Reflection Paper - 1035 Words

I will be observing my Family members (Brother, Dad, Mom). A symbol we commonly use in our family is a Cross. There are many Crosses hung up around our household that represents our love for God and Church. It is a very important and symbolizing piece in our household that we hold very dear. My family believes in Christianity and the importance of God. My Parents also believe republicans are reasonable people and that you should earn what you work for. My parents value discipline and good morals in our household. They believe we should always work hard towards our desired goal. Having good manners is also another very important value in our family for example my brother and my dad are expected to hold the door open for my mom and I†¦show more content†¦On christmas we celebrate Jesus’s Birth and exchange gifts because we love giving. We also appreciate our freedom and believe family is very important. These are English traditions and we still celebrate them in our fam ily today. That is how we contribute to our culture by performing it. I would say our Family has a Subculture type of cultural diversity because we base ourselves on american culture but maybe not everything we borrow the american culture but may change some thing up. A way we are a Subculture could be that we don’t always listen to country music. My brother and I listen to Hip Hop music which would be considered a Subculture component to American culture. A cultural shock that someone from another culture could be surprised from is the way Americans drive. We drive very fast and reckless and we only want to get where were going. Everything is at a fast pace. For example my Dad drives gets on the freeway everyday for work and drives in a very experienced way and if someone from another country was in the car with him they may be shocked or scared by the way he drives. Culture relativism is what other cultures view as right or wrong. For example in american culture it is polit e in american culture to shake someones hand when you first meet them. In Thailand its impolite to shake hands with them because it is inappropriate. My family often greets people by hugging them or shaking their hands but thisShow MoreRelatedFamily Reflection Paper On Family1647 Words   |  7 Pages Essay on Family Reflection Paper In life we have four attachment styles which are secure, ambivalent, avoidant and disorganize attachment. As a child we might start forming up a secure attachment with our caregivers, parents, grandparents or our faster parents. That’s when we feel safe and know that our parents are there to watch over us. A secure attachment could also be when we start going to school and we know our parents will pick us up after school. Ambivalent attachment is whenRead MoreFamily Reflection Paper915 Words   |  4 Pagesand your family arent exactly what you expected out of them or yourself. Being 12 years old and questioning your entire identity of values, choices, appearances, beliefs and friends and family is a stage in life I didnt quite take note of until the recent year to occur. My mother was getting married. In the picture above we look like a happy family bursting with happiness. Changing from neighborhood to neighborhood from city to city didnt quite help the odd circumstances but my family has alwaysRead MoreFamily Reflection Paper997 Words   |  4 PagesMy interactions with my family, friends, school, and community differ vastly from one another, and therefore I cannot answer the prompt with one simply answer. In terms of my family, I am a dependable son, and intelligent brother. With my friends, I am a light-hearted jokester who isn’t afraid to have fun. In my school, I am seen as an academic and social leader. In Lexington, I am seen as a rising academic, and voice for students’ rights. The Korrapati household contains six individuals. My motherRead MoreFamily Reflection Paper1198 Words   |  5 PagesFamily is the reason I am here today. Without my mother Nailah and father Stacey, there would not be a Sekayi Rudolph. My grandparents come before them, from both sides. My family I would consider, is middle class. Within the stratification system, like I stated before were ranked in the middle of the hierarchy. The stratification system is one which society ranks categories of people in a hierarchy. We are not the richest, but we are not suffering from poverty. Personally, I would say I am in aRead MoreFamily Reflection Paper956 Words   |  4 PagesFamily. It’s one word that has a different significance for every individual. There’s multiple uncontrollable factors that can change crucial aspects of your personality, such as whether or not your parents are together or the number of siblings you have. These features can cause one to be either satisfied or discontented in their life. Most do not think about the stability of their family; after all, I never thought about it until mine began collapsing. My family structure is typical with marriedRead MoreFamily Reflection Paper1777 Words   |  8 PagesMy family continues to deal with these vertical and horizontal stressors today. As a family, we are consumed with blaming someone for the issues that cause weak points in the family. In my opinion, we do not have complete balance in the family. We talk about the nurturing that is missing and the loss of identity from the original members of the family. The loss of the patriarch in the family creates a sense of not being whole. My understanding of the family cycle stages has allowed me to better understandRead MoreReflection Paper On Family And Marriage937 Words   |  4 PagesFinal Reflection Paper Talysa Taylor Relationships represented by marriage, and families are social structures that contribute to the survival of human beings. Neither marriage, nor family is dying. These patterns change only to benefit society, to provide stability. The structure function framework of values and purpose never changes. Families create new individuals that become contributing members of society learning social norms, methods of survival, and mating. Families are a unit that providesRead MoreFamily Life Style Reflection Paper2666 Words   |  11 PagesREFLECTION PAPER FAMILY LIFE CYCLE INTERACTIONS AND THE THEARPIST Zuleika Liriano Mercy College ABSTRACT Being a family therapist is a rewarding job, but it also comes with many challenges. Families are consistently going through many changes and the therapist and the clients may not be at the same point in the family life cycle; this can at times lead to conflicts that the therapist is unable to avoid. In order to beRead MoreReflection Paper On Structural Family Therapy755 Words   |  4 PagesSatan knows this truth and attacks relationships in order to ruin God’s glory. In my opinion, this is evident by the amount of pain that occurs in relationships. I desire to bring glory to God with the career that I have chosen, and I believe that family therapy provides a special opportunity. Susan Johnson and J. A. Makinen have demonstrated in a study on the role of forgiveness and reconciliation in repairing severe relationship injuries that a relational approach to treatment is an effectiveRead MoreSocial Care Reflection Paper1406 Words   |  6 Pagesas I mentioned before I hav e a 7 year old sister. The cost of daycare and after school programs is quite expensive, and my family relies on the help of family and friends instead. I personally enjoyed my time spent with my grandmother growing up, and I also enjoy the time I spend with my sister when I take care of her. I pick her up at least once a CRITICAL REFLECTION PAPER 4 week from school and watch

Analysis Of Rene Magritte s The Son Of Man - 864 Words

Whereas representational art captures the beauty of life, surrealism allows us to see basic concepts or things in new perspectives. One famous surrealist, Rene Magritte, has impacted the art world by not only demonstrating his ability to paint but also his ability to transform everyday objects into dream like images. For example, his artwork, â€Å"The Son of Man,† features a man in a suit with a bowler’s hat while covering the majority of his face with a green apple. The main interpretation of the piece is that the existence of â€Å"Man† derives from the original sin, which is the consumption of the forbidden apple of knowledge. Furthermore, one can also argue that the suit itself, which marks the appearance of modern humans, signifies the event when Adam and Eve cover themselves with leaves to hide their nakedness after biting the apple. It is examples like this that allow many people to truly admire Magritte’s art. These examples all have the same elem ent of normalcy with a twist. Likewise, in â€Å"Not to be Reproduced,† Magritte paints a man in a suit standing in front of a mirror, whose reflection is facing the same direction. The element of normalcy, a man facing a mirror, is simple but the twist, the reflection being in the wrong orientation, becomes the center of attention. It is as if Magritte challenges the concept of reflection and asking, â€Å"Why is it not this way?† Part of the reason why I chose this piece to recreate was because I wanted to explore my interpretation of the

Types of Organizational Structures Free Essays

Question 2 Would it be wrong of Rushton as a Group Managing Director of the organization to ask Walter about his health? Defend your answer by applying to moral principles. In the Kant’s Ethics, the Rushton is not wrong to ask Walter about his health, because Kant’s Ethics is saying a person doing their duty, means that person is right no relationship with the what result. Example Rushton as a Group Managing Director of the organization, this is his duty to ask for Walter about his health. We will write a custom essay sample on Types of Organizational Structures or any similar topic only for you Order Now Another, Rushton also is not wrong to ask Walter about his health, because in Utilitarianism Ethics is a theory in  normative ethics  holding that the proper course of action is the one that maximizes utility, specifically defined as maximizing happiness and reducing suffering. Simple said that it is the greatest happiness of the greatest number that is the measure of right and wrong. In this case Rushton is asking for Walter about his health, this will make the Walter unhappy, but in the most of Walter’s colleagues will happy , because they can be relieved in their working place. In conclusion, Rushton it not wrong to ask Walter about his health. Question 4 In what way, should the company address the problem of public fear and prejudice when employee with AIDS has direct contact with customers? In that way, the company should provide more relevant about AIDS information to customers. People simply touching someone with AIDS or being in contact with them do not transfer the disease. If there was contact between open or exposed flesh then that’s a different story. AIDS will transfer the disease just has only a few ways, example during sexual contact, as a result of injection drug use and as a result of an occupational exposure. So the company can talk about AIDS transfer disease information to customers. This way can make customers know about AIDS knowledge and also can save customer’s worry. Another way, the company can transfer AIDS patients to other less direct contact with customers’ departments. An example of this case, the company can transferred Walter from senior operation manager into other departments such as financial departments, production department or quality control department does a manager. These departments are not directly in contact with customers. In these ways, the company can continue to employ talents and also can prevent customer’s fear and prejudice. How to cite Types of Organizational Structures, Papers

ERP implementation Critical Success Factors

Question: Do some research on ERP implementation. Identify other factors which may account for the success of ERP implementation? Answer: Introduction ERP or Enterprise Resource Planning software are getting used in almost all enterprises around the world. Those have become useful because that helps the businesses to tie their business process around information technology application. They get an integrated business process that is faster and have lesser degree of redundancy. But implementation of ERP is a critical project. There are lots of CSF or Critical Success Factor running behind the ERP implementation projects. These success factors play pivotal roles behind the success or failure of some project. But studies have shown that controlling the critical success factors may drop down the success curve initially but it may rise again. However, there is no one rules for deciding the changes in the CSF for any ERP implementation project. Still there are some CSFs that are very common and inherent to either the organization or the ERP projects. (Akkermans Helden, 2002) In previous works, some works have identified some shallow clichs behind successful ERP implementation, in reality there are many more CSFs than these clichs. In this report we will find stronger CSFs that can decide success or failure of an ERP implementation. ERP ERP is not just and information systems, it is a process of integrating different business processes across an organization. The business processes may range from SCM or Supply Chain Management, Procurement, HRM or Human Resource Management, Sales, CRM or Customer Relationship Management to business intelligence and analytics, accounts, finance etc. All these business processes are tied by a centralized information system and database. Thus the integration among those processes are improved. The data is stored and retrieved from one place, so there is reduced redundancy, there are almost no or very little compatibility issues among data evolving from different business processes. An ERP system has various modules for different business processes. These modules are closely coupled. This coupling enhances the integration. Organization can have various benefits from a successful ERP implementation. For example, it may require lesser effort, more sales, better management, better decision making activities and generation of more revenue. On the contrary, failure of ERP implementation will cost significantly and there will be significant loss of cost and effort from this failure. ERP implementation: Critical Success Factors Studies on the social enablers in ERP implementation has pointed out the following factors as key factors behind the success or failure of ERP implementations. Commitment and strong leadership of the top level management in the ERP implementation project. An honest, clear and open communication plan across the organization. There should be a stronger, focused and balanced team. However, more studies on the CSFs of ERP implementation reveals there are more stringent CSFs than these key factors. Those CSFs are, Business plan and Revisions ERP implementation are closely connected to the requirement of the business processes. Thus business plans are needed to be understood very clearly before implementing an ERP for the business. There are various kind of issues related to this CSF at the very first place. In many cases, it have been seen that the businesses dont evaluate and review the business requirements and selects some ERP system prototype. Now, every business have some uniqueness in their business processes, there may be similarity of business processes of two organization. But the requirements from the ERP implementation may not be the same. Vendors generally offer some prototype and that is very generic in nature. The prototype is customized around the business requirements. (Nah Delgado., 2006) Business process Reengineering and Customization An ERP implementation can be either in house or some vendor and consultancy is hired for the same. In case of in house solution, it is built for the organization only and there is almost no scope of customization as it is built from scratch. But this is a very costly solution and not used very much in reality. For the customized ERP solutions, there are two options. Either he ERP will be customized around the business processes or the business processes will be reengineered around the ERP solution. Each of these approaches have their own set of advantages and challenges. The bottom line is, heavy customization is not good for any option. Heavy customization of the ERP solution may create issues with internal module structure of the ERP solution. In that case, the integration and coupling among the modules may breakdown. As a result, the ERP system may not work properly. On the other hand, business processes includes, systems and people. It is more about the organization. There are another set of critical factors and challenges for business process reengineering and this is more complex than customization of an ERP solution. Here are also huge risks of ERP implementation failure.(Moohebat Asemi, 2010) Better Project management Project management is important for any project. There should be participation from all levels of management, developer and other stakeholders. The project plan should consider different aspects related to the project. There should be proper risk management and if necessary then there should be proper change control management. Without these factors of project management, there may be risks of various kinds that can creep into the project anytime, there may be resistance and challenges in the ERP implementation etc. Legacy information systems Few information technology were introduced in almost all businesses. Then there were separate information systems for different business processes. These legacy information systems have compatibility issues, integration problems etc. And this is the area, where ERP is the game changer. But it is difficult for ERP implementation to work properly, if there are too many legacy systems with different working processes, different data format etc. For example, it is easier to work with legacy system of the same vendor rather than different vendors. (Moohebat Asemi, 2010) Project management Team and communication Project management depends on the qualities of the project management team, their roles and responsibilities, abilities, skills, expertise etc. also there should be enough communication among the team members, and otherwise the project will not run properly in spite of having skilled and experienced member. ERPs software development, testing etc. The development, testing and implementation phase of ERP implementation is very important. The testing process before implementation should check and validate the solution. It should also verify whether all business requirements have been full filled or not. Post implementation monitoring Post implementation phase of ERP is also changing. There are chances that bugs will be identified more during this phase as users will tend to use the system more and more. But studies shows that, users take time to get accustomed with the system and after some time of the implementation, the actual post implementation issues start to come up. So, monitoring and troubleshooting is very much necessary during this phase. These issues are more important than the key factors as these covers up wider domain of CSFs rerated to ERP implementation. The consideration of these CSFs covers up the key factors also. The aim is to consider as much CSF as possible and fine tuning those towards success. (Ram, et al., 2013) Conclusion In this report, there is a discussion on critical success factors for ERP implementation. The report extends the results from another study on the related topic, social enablers of ERP implementation success or failure. This report shows, beyond the social enablers there are several other critical success factors for an ERP implementation and the impact of these CSFs can change the whole scenario from failure to success. References Akkermans, H. Helden, K. v., 2002. Vicious and virtuous cycles in ERP implementation: a case study of interrelations between critical success factors. European Journal of Information Systems, Volume 11, p. 3546. Harwood, S., 2003. ERP: The Implementation Cycle. s.l.:Butterworth-Heinemann. Moohebat, M. Asemi, A., 2010. A comparative study of critical success factors (CSFs) in implementation of ERP in developed and developing countries., s.l.: s.n. Musaji, Y., 2005. ERP Postimplementation Problems. s.l.:Information Systems Audit and Control Association. Nah, F.-H. Delgado., S., 2006. Critical success factors for enterprise resource planning implementation and upgrade. Journal of Computer Information Systems, 46(5), p. 99. Ram, J., Corkindale, D. Wu, M.-L., 2013. Implementation critical success factors (CSFs) for ERP: Do they contribute to implementation success and post-implementation performance?.. International Journal of Production Economics, 144(1), pp. 157-174.