What Is at the Heart of Any ERP System

question 241

Multiple Choice

What is at the heart of any ERP system?

• A)information
• B)employees
• C)customers
• D)database

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Definitions:

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision, outside of the court system.

Legal Precedent

A decision made in a previous legal case that is considered as authority in a subsequent case with similar circumstances.

Less Expensive

Refers to items or services that are lower in price relative to others in the same category.

Arbitration Hearing

A non-judicial proceeding where a neutral third party, the arbitrator, listens to the disputing parties' arguments and evidence to make a decision that can be binding or non-binding.