Explain the Factors That Lead to the Growth of Enterprise

question 57

Essay

Explain the factors that lead to the growth of enterprise resource planning (ERP)systems.

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Definitions:

Coefficient

A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression, often representing a measure of some property or effect.

Variation

The degree to which data points in a set differ from the mean value of the set, indicating the distribution and dispersion of the set.

Investment Portfolio

A collection of investments held by an individual or institution, including stocks, bonds, real estate, and other assets.

Financial Assets

Assets that derive their value from a contractual claim on future cash flows or from owning equity instruments of another entity.