Examlex
All of the following are characteristics of an ERP system EXCEPT:
Functional Discount
A price reduction offered to channel members who perform certain functions such as selling, storing, and record-keeping.
Wholesaler
A business or person that buys goods in large quantities from manufacturers and sells them in smaller amounts to retailers, typically at lower prices.
Clayton Act
A United States antitrust law, passed in 1914, aimed at promoting competition and preventing monopolies by prohibiting certain types of anti-competitive practices.
Capital
Financial assets or the financial value of assets, such as cash and goods, used by an individual or company to fund its operations and facilitate growth.
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