_______________ Systems Store Customer Account Data in Common Databases and Then

question 44

Multiple Choice

_______________ systems store customer account data in common databases and then make it available throughout a company via Internet, intranet, or other network links.

• A) Enterprise Resource Planning (ERP)
• B) Supply Chain Management (SCM)
• C) Customer Relationship Management (CRM)
• D) Knowledge Management (KM)

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Definitions:

Profit-Maximizing Firm

A company that operates in a way that its primary goal is to achieve the highest possible profit.

Market Price

The current price at which a good or service can be bought or sold in a marketplace.

Occupational Safety Laws

Regulations designed to ensure safe and healthy working conditions for employees by setting and enforcing standards.

Regulatory Requirements

Rules and regulations that entities must follow, often set by government agencies, to operate legally or to enter specific markets.