What Is the Most Important Function of an Enterprise Application

question 45

Multiple Choice

What is the most important function of an enterprise application?

• A)increasing speed of communicating
• B)enabling business functions and departments to share information
• C)enabling a company to work collaboratively with customers and suppliers
• D)enabling cost-effective e-business processes
• E)enabling inventory and supply chain management

Grasp the variation in economists' perspectives on the effects of specific taxes.

Understand the concept of deadweight loss caused by taxes and its implications on market efficiency.

Recognize the primary sources of tax revenue in the U.S. economy and differentiate between types of taxes.

Analyze the impact of taxes on labor supply and work hours.

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Definitions:

Contingency Management

A behavior modification technique that reinforces desirable behaviors with rewards and sometimes punishes undesirable behaviors to promote behavior change.

Reciprocal Inhibition

A psychological principle that suggests the simultaneous activation of one psychological response can inhibit the occurrence of another incompatible response.

Counterconditioning

A behavior therapy technique where an undesired response to a stimulus is replaced with a desired behavior in the presence of that same stimulus.

Contingency Management

A type of behavioral therapy in which certain behaviors are reinforced through rewards or consequences to modify behavior.