Examlex
Which of the following is an advantage of enterprise resource planning (ERP) systems?
Gas Station
A retail establishment that sells fuel and often other goods or services to motor vehicle customers.
Long-Run Equilibrium
A state in which all firms in an industry are making normal profit and there is no incentive for market entry or exit.
Profit-Maximizing Price
The price point at which a business can sell its product or service to generate the maximum net profit.
Panel
A group of selected individuals gathered to discuss, debate, or provide advice on a particular topic or to evaluate submissions in contest or applications.
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