________ Is a Computer Application That Enables a Firm to Combine

question 21

Multiple Choice

________ is a computer application that enables a firm to combine computerized functions of all divisions and subsidiaries of the firm into a single, integrated software program that uses a single database.

• A) Materials requirement planning (MRP)
• B) PERT analysis
• C) Manufacturing resource planning (MRP II)
• D) Enterprise resource planning (ERP)

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Definitions:

Innovation And Learning

The process of creating new ideas, products, or methods and the acquisition of knowledge to improve efficiency or effectiveness.

Residual Income

A measure of the income that exceeds the minimum required return on a company's investments or operations.

Divisional Income

The earnings generated by a specific division or segment of a larger company, used for evaluating the division's financial performance.

Minimum Acceptable

The lowest level or standard that will be considered satisfactory or acceptable.