Insurance That Compensates for the Loss or Unavoidable Absence of Crucial

question 2

Multiple Choice

Insurance that compensates for the loss or unavoidable absence of crucial employees in the firm is called

• A)business liability insurance.
• B)business interruption insurance.
• C)property insurance.
• D)key personnel insurance.

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Definitions:

Interorganizational ERP

Interorganizational ERP (Enterprise Resource Planning) systems support the shared management of business processes across multiple organizations, enabling data sharing and collaboration.

Web-Enabled

Web-Enabled refers to applications or services that can be accessed and used over the internet through a web browser, enhancing accessibility and functionality.

Comparative Report

A document that compares various metrics or data points, offering insights by juxtaposing different elements or cases.

Extended ERP

An enhanced version of Enterprise Resource Planning that integrates external business processes, such as supply chain management and customer relations.