What Is Enterprise-Wide Resource Planning

question 50

Multiple Choice

What is enterprise-wide resource planning?

• A) The analysis and redesign of workflow within and between enterprises.
• B) A standardized set of activities that accomplish a specific task, such as processing a customer's order.
• C) Integrates all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations.
• D) Involves managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability.

Understand the importance of tailored communication strategies for different audiences.

Recognize the role of conversational language and formal documentation in business communication.

Explain the concept of a discourse community and its significance in business.

Demonstrate knowledge of critical thinking and its application in evaluating messages.

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Definitions:

Article 9

A provision under the Uniform Commercial Code (UCC) dealing with secured transactions in personal property, where a creditor has a security interest in the debtor's property.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize regulations across the states.

Consideration

A concept in contract law that involves something of value exchanged between parties as part of an agreement.

Subrogation

The legal right held by insurers to pursue a third party that caused an insurance loss to the insured.