The Major Difference Between an ERP and ERP II System

question 43

Multiple Choice

The major difference between an ERP and ERP II system is this feature.

• A) Advances in software usability and flexibility
• B) Information is made immediately available to external stakeholders using social and collaborative tools
• C) Information is made available to all departments in the company
• D) Advanced quering and reporting capabilities
• E) Close integration with e-business technologies

---

Definitions:

Economic Events

Various incidents or transactions that may affect a country's economy, including government policies, market movements, and natural disasters, which can influence financial markets and economic health.

Probability Distribution

A function in mathematics that supplies the likelihoods of various potential outcomes of an experiment.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in statistics and finance to measure risk or volatility.

Variance

A statistical measure of the dispersion or spread of a set of data points, indicating how much the numbers in the data set deviate from the mean.