Which of the Following Is Typically a Characteristic of a Modern

question 78

Multiple Choice

Which of the following is typically a characteristic of a modern, cloud based, integrated ERP system?

• A)They can be easily customized to meet specific needs in the organization
• B)They often support unique business processes of a particular organization without extensive customization
• C)Typically they are less costly to maintain than legacy systems
• D)None of the answers are correct

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Definitions:

Break-Even Point

The point at which the number of units sold generates just enough revenue to equal the total costs; at this point, profits are zero.

Profit

The financial gain realized when the amount of revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Profit Margin

The amount by which revenue from sales exceeds costs in a business, expressed as a percentage.

Sales-Oriented

A business approach focused primarily on generating sales regardless of customer needs or the longer-term company interests.