Which of the Following Is Not True About Business Process

question 48

Multiple Choice

Which of the following is not true about business process management (BPM) and enterprise resource planning (ERP) systems?

• A) ERP systems encompass all functions and processes in an organization, but BPM systems are implemented at process or unit levels in an organization.
• B) BPM systems are process-centered, but ERP systems are data-centered.
• C) Organizations can use both ERP and BPM systems at the same time.
• D) ERP and BPM systems rely heavily technology for communication and coordination.

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Definitions:

Consumer Equilibrium

A state where an individual allocates their income in a way that maximizes their utility, considering the prices of goods and services and their personal preferences.

Indifference Curve

A graphical representation used in microeconomics to show combinations of goods among which a consumer is indifferent, reflecting their preferences.

Consumer Equilibrium

The point at which an individual consumer achieves the highest level of satisfaction, given their income constraints and the prices of goods and services.

Total Utility

The overall satisfaction or happiness a consumer receives from consuming a particular quantity of goods and services.