Enterprise-Resource Planning Software

question 60

Multiple Choice

Enterprise-resource planning software:

• A) Uses batch processing of business information.
• B) Is another name for spreadsheet programs.
• C) Refers to programs that help manage a company's vital operations.
• D) Is substantially declining in use.
• E) Is another name for database programs.

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Definitions:

Incentives

Something that motivates or encourages an individual or group to perform or act in a certain way.

Savings

The portion of income not spent on current expenditures and set aside for future use.

Investment

The action of dedicating resources such as capital, time, or effort to a particular venture with the expectation of achieving a beneficial return.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in the production process.