An Enterprise Resource Planning (ERP)system Is

question 6

Multiple Choice

An Enterprise Resource Planning (ERP) system is:

• A)a cost-management system that specifically focuses on strategic issues.
• B)a single database that collects data and feeds it into applications that support each of the company's business activities,such as purchasing,production,distribution,and sales.
• C)a sequence of business functions in which customer usefulness is added to products.
• D)a strategy that integrates people and technology in all business functions to deepen relationships with customers,partners,and distributors.
• E)an integrated philosophy of management for continuously improving the quality of products and processes.

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Definitions:

Simulations

Interactive exercises that mimic real-world scenarios for training, analysis, or entertainment purposes.

Hands-On Training

A training method where participants actively engage in tasks or activities directly related to the skills they are learning.

Ethics Training Programs

Structured educational initiatives designed to instill ethical behavior and decision-making in a professional context.

Voluntary

Refers to actions or tasks undertaken by free will or choice without coercion, often highlighting participation that is not mandated or prescribed.