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What Is the Common Name for a Computer System That

question 27

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What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?


Definitions:

Revise Plans

The process of reviewing and updating strategic, operational, or project plans based on new information or changes in circumstances.

Lean Business Model

A strategic approach to running a company that emphasizes creating more value for customers with fewer resources.

Elimination Of Waste

The process of identifying and removing unnecessary processes, materials, and activities to improve efficiency.

Positive Return

A positive return occurs when an investment generates a profit, indicating that the final value is greater than the initial investment amount.

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