Define Enterprise Resource Planning (ERP)systems and State One Advantage and One

question 33

Essay

Define enterprise resource planning (ERP)systems and state one advantage and one disadvantage of ERP systems.

Identify the characteristics and classification of nonvascular and vascular plants.

Understand the evolutionary history and adaptations of plants to land.

Differentiate between gametophytes and sporophytes in the plant life cycle.

Recognize the structure and function of plant reproductive organs.

---

Definitions:

Classical Economists

Economists from the 18th and 19th centuries who focused on the ideas of free markets, the law of supply and demand, and the role of competition in regulating economic activity.

Investment

The allocation of resources, usually money, with the expectation of generating an income or profit.

Saving

The portion of income not spent on consumption or taxes, typically put aside for future use or investment.

Potential GDP

Potential GDP refers to the maximum output an economy can produce without triggering inflation, if all resources are fully employed.