An Enterprise Resource Planning System (ERP)

question 45

Multiple Choice

An enterprise resource planning system (ERP) :

• A)is a cost management system in which a company produces products just in time to satisfy needs.
• B)requires the implementation of total quality management.
• C)integrates all worldwide functions, departments and data of a company into a single system.
• D)cannot be implemented in service companies.

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Definitions:

Educational System

The network of public and private institutions, policies, and practices designed to provide instruction and learning experiences to individuals in a society.

Class Structure

The organization of society into hierarchical classes based on factors like wealth, occupation, education, and social status, influencing individuals' opportunities and life experiences.

Improving Education

Initiatives or strategies aimed at enhancing the quality, accessibility, and outcomes of educational systems and processes.

Educational Credentials

Qualifications, certificates, degrees, or other formal recognitions of a person's academic achievements, often used to verify education levels for employment or further education.