An Enterprise Resource Planning System Is a Suite of Applications,a

question 37

True/False

An enterprise resource planning system is a suite of applications,a database,and a set of inherent processes for managing all the interactions with the customer,from lead generation to customer service.

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Definitions:

Preparing Deliveries

The process involved in getting goods ready to be dispatched to the customer, including packing and labeling.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the activities and resources that go into producing them.

Time-Driven

refers to a methodology where tasks or processes are estimated and evaluated based on the time they take to complete.

Activity-Based Costing

A pricing strategy that recognizes activities conducted in a company and apportions the cost of each activity across all services and products, reflecting their real consumption.