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What Is at the Heart of Any ERP System

question 20

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What is at the heart of any ERP system?


Definitions:

Strategy Management

The process of defining the strategy or direction of an organization, and making decisions on allocating resources to pursue this strategy.

Strategy Identification

The process of recognizing and defining the course of action or policies designed to achieve a major or overall goal.

Strategy Outsourcing

The practice of delegating specific strategic tasks or operations to external organizations, focusing on core competencies.

Operating Objectives

Specific, short-term targets set by an organization to guide daily operations and ensure alignment with overall strategic goals.

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