What Is Enterprise Resource Planning

question 160

Multiple Choice

What is enterprise resource planning?

• A)The analysis and redesign of workflow within and between enterprises
• B)A standardized set of activities that accomplish as specific task, such as processing a customer's order
• C)Integration of all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprisewide information on all business operations
• D)Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability

---

Definitions:

Consumer Reports

Independent evaluations and reviews of consumer products and services.

Ultimatum Game

A game in economic experiments where one player proposes how to divide a sum of money with another player who then can accept or reject the offer.

Human Behavior

The study and understanding of how individuals and groups act and make decisions in a variety of contexts.

High Blood Pressure

A medical condition in which the force of the blood against artery walls is too high, often leading to serious health issues if not managed properly.