An Integrated Application Suite to Support a Whole Establishment That

question 7

Multiple Choice

An integrated application suite to support a whole establishment that includes modules to manage financials, human resources, supply chain, customer relationships, and other business processes is called ________.

• A)enterprise resource planning
• B)total quality management
• C)business process automation
• D)business process management

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Definitions:

Operating Segments

Rephrasing: Operating segments are specific branches or units within a company for which separate financial data is collected and reviewed by the company’s decision-makers for the purpose of resource allocation and performance assessment.

Operating Segment

A distinct business unit within a company for which separate financial information is available and regularly reviewed by the company's management.

Operating Profit

The profit earned from a firm's normal business operations, calculated before interest and taxes.