Many Organizations Are Moving from a Collection of Loosely Linked

question 26

Multiple Choice

Many organizations are moving from a collection of loosely linked transaction processing systems to a(n) ____.

• A) resource planning system
• B) enterprise planning system
• C) enterprise resource planning system
• D) enterprise resource system

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Definitions:

High School

An educational institution typically offering secondary education for students aged between 13 and 18, preparing them for college, university, or vocational training.

Absolute Advantage

The ability of a country, individual, or firm to produce a greater quantity of a good, product, or service than competitors using the same amount of resources.

Comparative Advantage

Comparative advantage is an economic theory that describes how an entity can produce goods at a lower opportunity cost than another, leading to efficient trading and increased economic welfare.

Editing

The process of preparing written material by correcting, condensing, or modifying it for publication or presentation.