Examlex

Solved

All of the Following Are Characteristics of an ERP System

question 52

Multiple Choice

All of the following are characteristics of an ERP system EXCEPT:


Definitions:

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.

Related Questions