Companies Run on Interdependent Applications,such as SCM,CRM and ERP

question 38

Multiple Choice

Companies run on interdependent applications,such as SCM,CRM and ERP.If one application performs poorly,the entire customer value delivery system is affected.For example,no matter how great a company is at CRM,if its SCM system does not work and the customer never receives the finished product,the company is set to lose that customer.This illustrates the business value of _____________________ .

• A) Integration
• B) SCM and CRM
• C) Business intelligence
• D) Logistics

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Definitions:

Functional Currency

The money used in the main financial setting where a business functions and produces cash movements.

Relative Value

An assessment of an asset's worth when compared to the price of other similar assets or benchmarks, often used to identify undervalued or overvalued investments.

Functional Currency

The primary currency used by a business or entity in its financial statements, reflecting the economic environment in which it primarily operates.

Consolidated Balance Sheet

A financial statement presenting the total assets, liabilities, and shareholders' equity of a parent company and its subsidiaries as one entity.