An ERP System Uses

question 95

Multiple Choice

An ERP system uses:

• A)One database for each module associated with the organization - sales, inventory, human resources, etc.
• B)One database for manufacturing, one database for sales, one database for administrative, and one database for design and research.
• C)One database which contains all data items associated with the organization.
• D)Relational databases for interactive queries between modules and departments.

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Definitions:

Marketing Plan

A comprehensive document outlining a business's marketing strategies, advertising efforts, and goals for a specific time period.

Strategic Planning Tool

A resource or method used to guide the decision-making process, helping in the establishment of goals, and formulation of strategy for achieving them.

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, often described as the four Ps: product, price, place, and promotion.