ERP Software Enables Multiple Firms to Manage All of Their

question 139

True/False

ERP software enables multiple firms to manage all of their operations on the basis of a single, integrated set of corporate data.

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Definitions:

Obligation

A duty or commitment that an individual or organization is bound to fulfill, often due to legal, moral, or social reasons.

Centralized

A system or organization structure where decision-making authority is concentrated at a single point, usually at the top hierarchical level.

Vertically Integrated

A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer also controls the distribution and retail levels of their product.

Centralized

An organizational structure where decision-making authority is concentrated at the top levels of management.