A System That Comprises a Single Database That Collects Data

question 57

Multiple Choice

A system that comprises a single database that collects data and feeds it into software applications supporting all of a company's business activities is known as a(n)

• A)economic order quantity (EOQ)system.
• B)enterprise requirements planning (ERP)system.
• C)just-in-time (JIT)system.
• D)material requirements planning (MRP)system.
• E)total quality management (TQM).

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Definitions:

Women's Business

Enterprises owned and operated by women, often emphasizing issues of representation, entrepreneurship, and the challenges faced by women in the business world.

Debt Financing

Debt Financing involves raising capital by borrowing funds from individuals, banks, or other financial institutions that will be repaid over time with interest.

Equity Financing

Funds invested in new ventures in exchange for part ownership.

Repay Borrowed

The act of returning money that was borrowed from a person or institution.