What Is the Most Important Function of an Enterprise Application

question 45

Multiple Choice

What is the most important function of an enterprise application?

• A)increasing speed of communicating
• B)enabling business functions and departments to share information
• C)enabling a company to work collaboratively with customers and suppliers
• D)enabling cost-effective e-business processes
• E)enabling inventory and supply chain management

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Definitions:

Fixed Rate

A fixed rate refers to an interest rate for a loan or mortgage that remains constant over the term of the loan.

Variable Rate

An interest rate which can change over the period of the loan, credit, or investment depending on market conditions.

Investment Account

An account held at a financial institution that holds securities, cash, and other assets for investment purposes.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue, indicating the company's profit.