In an Enterprise System, Once a Customer Order Is Completed

question 24

True/False

In an enterprise system, once a customer order is completed, the purchasing function can be immediately informed that the merchandise has been sold and may need to be replenished.

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Definitions:

Transaction

Any business event that generates data worth capturing and storing in a database.

Knowledge

Information, understanding, and skills acquired through experience or education; the theoretical or practical understanding of a subject.

Wisdom

The quality of having experience, knowledge, and good judgment.

TPS

Transaction Processing System; a type of information system that collects, stores, modifies, and retrieves the transactions of an organization.