Examlex
All of the following are exempt from registration under the 1933 Act EXCEPT:
Procurement Process
A cross-functional business process that originates when a company needs to acquire goods or services from external sources, and it concludes when the company receives and pays for them.
Production Process
A sequence of steps or operations undertaken in the manufacturing of goods or services.
Cloud-Based ERP
Enterprise resource planning systems hosted on cloud computing platforms, enabling businesses to access their business-management applications over the internet.
Cost
An amount that must be paid or spent to buy or obtain something, including the effort or loss necessary to achieve a goal.
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