Product Life Cycle Management (PLM) Systems Are ERP Modules or Enterprise

question 47

True/False

Product life cycle management (PLM) systems are ERP modules or enterprise system add-ons that organize data by product, including design, manufacturing specifications, quality, and warranty performance.

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Definitions:

Unique Ability

A distinct skill set or talent that differentiates an individual from others.

Collective Efficacy

A group's shared belief in its conjoint capabilities to organize and execute the courses of action required to produce given levels of attainment.

Superordinate Goals

Objectives that are shared and valued by members of a group, which require collaborative effort to achieve, thus helping to resolve conflicts and unify the group.

Interaction

The process by which two or more entities communicate or affect each other in some way.