Human Resource Component Is One of the Three Most Common

question 29

Short Answer

Human resource component is one of the three most common _________ ERP components.

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Definitions:

Operating Divisions

Sections or branches within a company that focus on distinct lines of business or market areas, responsible for their own revenues, expenses, and operations.

Variable Costs

Variable costs are expenses that vary directly with the level of production output, such as materials and labor costs.

Fixed Costs

Charges that stay the same no matter the amount of goods produced or sold, such as rent, salaries, and insurance.

Peak-period Demand

The highest level of demand for a product or service within a specific time frame, often requiring additional resources.