________ Support All of the Primary Business Processes as Well

question 57

Multiple Choice

________ support all of the primary business processes as well as the human resources and accounting support processes.

• A) Customer Relationship Management Systems
• B) Supply Chain Management Systems
• C) Enterprise Resource Planning Systems
• D) Value Chain Management Systems
• E) Supplier Relationship Management Systems

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Definitions:

Equity Account

An account that represents the ownership interest of shareholders in a corporation, reflected in common and preferred shares.

Fixed Costs

Expenses that do not change with the level of production or sales activities, within a relevant period.

Variable Cost

Costs that vary in total in direct proportion to changes in the level of activity or volume of production.

Operating Leverage

The degree to which a firm or project can increase operating income by increasing revenue, reflecting the proportion of fixed costs to variable costs.