A(n) _____ System Can Provide Such Benefits as Improved Overall

question 98

Short Answer

A(n) _____ system can provide such benefits as improved overall performance by standardizing business processes based on best practices or improved access to information from a single database to an enterprise.

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Definitions:

Retained Earnings

Refers to the portion of net income left over for the business after it has paid out dividends to its shareholders.

Net Income

The profit a company generates after all expenses, taxes, and costs have been subtracted from total revenue.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or stock.

Treasury Stock

Shares once issued to the public but then re-obtained by the originating company, lessening the quantity of stock present in the marketplace.