ERP Systems Serve as the Organisation's Backbone in Providing Fundamental

question 66

Multiple Choice

ERP systems serve as the organisation's backbone in providing fundamental support.What sort of support do ERPs provide?

• A)Supplier
• B)Customer
• C)Planning
• D)Decision-making

Acquire knowledge on data transmission methods and network access controls.

Understand the concept of network protocol and its importance in PLC communication.

Learn about the various network types and their specific features.

Understand the characteristics and advantages of different organizational structures such as functional, matrix, divisional, and geographical.

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring the stability of the financial system.

Branch of Government

A division of government with distinct responsibilities, such as executive, legislative, or judicial.

President and Congress

The executive and legislative branches of the United States government, respectively, with roles in making and enforcing laws.

Reserve Requirement

A regulation set by central banks that determines the minimum amount of reserves that must be held by a commercial bank.