ERP Systems

question 39

Multiple Choice

ERP systems:

• A) are taking the place of SCIS systems.
• B) have information elements needed by SCIS applications.
• C) require RFID to be fully functional.
• D) focus primarily on manufacturing issues.

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Definitions:

Workers

Individuals engaged in any form of employment, providing labor to produce goods or deliver services in exchange for wages, salaries, or other forms of compensation.

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining those activities.

Labor Union

Worker organization that seeks to secure economic benefits for its members.

Collective Bargaining

Negotiations between union and management to obtain agreements on wages, working conditions, and other issues.