Which of the Following Is Considered an Advantage/benefit of Utilizing

question 2

Multiple Choice

Which of the following is considered an advantage/benefit of utilizing in ERP system?

• A)Utilizes multiple databases in order to provide up-to-date information
• B)Increases the privacy level within an organization,thus functional departments can more easily protect their data from supporting or dependent functional departments
• C)Allows organizations to more easily communicate information about operational changes to supply chain members
• D)Increases the bullwhip effect

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Definitions:

Interest-Rate Cost of Funds

The Interest-Rate Cost of Funds is the interest rate that financial institutions pay for the funds they use in their business, influencing the rates they charge on loans.

Optimal R&D

Refers to the most efficient level of spending on research and development activities, where the marginal benefit of R&D equals its marginal cost.

Interest-Rate Cost of Borrowing

The expense incurred by an individual or entity when borrowing money, calculated as a percentage of the total amount loaned.

R&D Expenditure

Financial investments made towards research and development activities aimed at innovation, improving products, and discovering new knowledge.