Which Application's Primary Business Benefits Include Sales Forecasts, Sales Strategies

question 62

Multiple Choice

Which application's primary business benefits include sales forecasts, sales strategies, and marketing campaigns?

• A)CRM
• B)SCM
• C)ERP
• D)All of the above

Calculate material, labor, and variable overhead variances including price, quantity, efficiency, and spending variances.

Analyze the impact of variances on financial performance and identify areas for operational improvement.

Differentiate between favorable and unfavorable variances and their implications on budgeting and cost control.

Identify the responsibilities of different departments (e.g., purchasing, production) in managing variances.

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Definitions:

Average Price

The mean amount of money paid for a good or service, calculated by dividing the total spent by the number of units bought.

Fraction

A numerical expression representing a part of a whole, consisting of a numerator and a denominator.

Percentage Form

A representation of a number as a fraction of 100.

Value

The importance, worth, or usefulness of something, typically measured in monetary terms or significance.