One of the Differences Between Enterprise Resource Planning (ERP)and MRPII

question 55

Multiple Choice

One of the differences between Enterprise Resource Planning (ERP) and MRPII is that

• A) ERP is limited to operations internal to the enterprise.
• B) ERP applies only to those operations that are external to the enterprise.
• C) ERP is linked to the external supply chain, but MRPII is not.
• D) ERP includes both manufacturing and service operations.

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Definitions:

Market Approach

A valuation method that estimates the value of a business, asset, or investment based on the selling price of similar items in the market.

Emissions Tax

A tax imposed on the emission of pollutants, aimed at reducing environmental damage by encouraging cleaner production practices.

GHG Protocol Initiative

A comprehensive global standardized framework for measuring and managing greenhouse gas emissions, helping businesses, governments, and other organizations to understand, quantify, and manage their carbon footprint.

Scope 1

Refers to direct greenhouse gas emissions from sources that are owned or controlled by an organization, such as emissions from company vehicles or facilities.