Examlex
Which of the following is considered one of the primary benefits of ERPs?
A. ERPs allow an organization to integrate information related to multiple business functions (i.e., manufacturing, human resources, finance, etc.).
B. ERPs all operate using cloud computing technology.
C. ERPs create protected data silos for each function in the organization.
D. ERPs use relational data models, which are required by the Sarbanes-Oxley Act of 2002
Goods
Tangible products or items that satisfy human wants or needs.
Budget Constraint
An economic model that represents all the combinations of goods and services that a consumer can afford with a fixed amount of income.
Goods
Physical items that are produced and consumed by individuals or businesses to satisfy needs or wants.
Marginal Rate
The rate at which one variable changes relative to a change in another variable, often used in the context of marginal tax rates or marginal rates of substitution.
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