Production and Materials Management Is a Core ERP Component

question 45

True/False

Production and materials management is a core ERP component.

---

Definitions:

Systematic Selection

A methodical process of choosing individuals for employment based on job-related criteria and assessments.

HRM Practices

Human Resource Management practices involve recruitment, selection, training, appraisal, compensation, and development of employees to enhance organizational performance.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior position compared to its competitors.

Growth Strategy

A plan of action designed to increase the size, revenue, or market share of a business.