Enterprise Resource Planning Systems Cannot Be Used for Managing Daily

question 57

True/False

Enterprise resource planning systems cannot be used for managing daily operations.

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Definitions:

Interval Data

A type of numerical data involving measurements where both the order and the exact differences between the measurements matter, but there is no true zero point.

Quantitative Data

Data that can be quantified and verified, and is amenable to statistical manipulation. It represents the quantity of something rather than its quality.

Numerical Data

Information that is quantifiable and usually collected in number form, used for statistical analysis or calculations.

Interval Data

A type of numerical data which not only has order, but also has meaningful differences between values, though it lacks a true zero point (e.g., temperature in Celsius).