Many Companies Are Extending ERP Systems to Suppliers and Customers

question 89

Short Answer

Many companies are extending ERP systems to suppliers and customers in a process called ____________________, in which a customer order can cause a production planning system to schedule a work order, which in turn triggers a call for certain parts from suppliers.

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Definitions:

Post-industrial Society

A stage of society's development when the economy transitions from a manufacturing-based system to one focused on services, information, and technology.

Domination

The exercise of control or influence over someone or something, often through coercion or force.

Competition

Is a mode of interaction in which power is unequally distributed but the degree of inequality is less than in systems of domination. Envy is an important emotion in competitive interactions.

Cooperation

The process of groups or individuals working or acting together for a common purpose or benefit.