A(n)_________ Is an Application Used in All Functions of a Business

question 70

Multiple Choice

A(n) _________ is an application used in all functions of a business and supports decision making throughout the organization.

• A)enterprise system
• B)collaboration system
• C)decentralized system
• D)analog system

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Definitions:

Articles of Incorporation

The legal documents filed with a state government to officially start a corporation, outlining basic details like the corporation's name, purpose, and stock information.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Legal Capital

The portion of a company's equity that cannot legally be distributed to its shareholders and must be maintained as a protective measure for creditors.

Secondary Market

The secondary market is where investors buy and sell securities they own from each other, rather than directly from the issuing company, including stock exchanges and over-the-counter markets.