Which of the Following Is Usually Not Part of an ERP's

question 3

Multiple Choice

Which of the following is usually not part of an ERP's core applications?

• A)OLTP applications
• B)sales and distribution applications
• C)business planning applications
• D)OLAP applications

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Definitions:

Short-Run Aggregate-Supply Curve

Depicts the relationship between the price level and the quantity of goods and services that firms are willing to produce, taking some inputs as fixed.

Short-Run Phillips Curve

A graphical representation that shows the inverse relationship between short-term inflation and unemployment rates, suggesting a trade-off.

Inflation Rate

The percentage increase in the general level of prices for goods and services in an economy over a period of time, often measured annually.

Natural Rate

Often referred to as the natural rate of unemployment, it is the level of unemployment consistent with a stable rate of inflation.