The Customization of Enterprise Resource Planning Software to Meet Different

question 40

Multiple Choice

The customization of enterprise resource planning software to meet different customer requirements without changing the program code is called ________.

• A) modularity
• B) configuration
• C) automation
• D) process blueprinting

Understand how to perform basic arithmetic operations and use functions in Excel.

Know how to use Excel views and settings to adjust page layout and print settings.

Recognize and correct errors in Excel worksheet.

Understand how to select and manipulate cells and cell content in Excel.

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Definitions:

Monopolist's Output

The quantity of goods produced by a monopoly to maximize its profits, considering its market power.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service, critical in decision-making processes regarding output levels.

Excess Profits

Profits that exceed the normal expected return on investment, often resulting from monopoly power or a unique competitive advantage.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.