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ERP Implementation Regarding IT Infrastructure Benefits Include Building Business Flexibility

question 51

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ERP implementation regarding IT infrastructure benefits include building business flexibility for current and future changes


Definitions:

Drilling Machine

A tool used for making holes in various materials, part of machinery equipment.

Forward Contract

A financial agreement between two parties to buy or sell an asset at a predetermined future date and price.

Cash-flow Hedge

A financial strategy used to manage risk associated with variability in cash flows due to changes in exchange rates, interest rates, or commodity prices, by using derivatives.

Net Exchange Gain

The profit from exchanging one currency for another after accounting for currency fluctuations and transaction costs.

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