Enterprise Resource Planning Systems Are Software Systems That Can Integrate

question 90

True/False

Enterprise resource planning systems are software systems that can integrate all of a company's functions,departments,and data into a single system.

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Definitions:

Heuristics

Mental shortcuts or "rules of thumb" that simplify decision-making processes, often used unconsciously.

System I

A term from cognitive science referring to the fast, automatic, and often unconscious way of thinking, contrasted with slower, more deliberate thought.

Dual-Process Theory

The proposal that judgment involves two types of thinking: a fast, efficient, but sometimes faulty set of strategies, and a slower, more laborious, but less risky set of strategies.

System II

Often refers to a mode of thinking that is slower, more deliberative, and more logical than fast, automatic, intuitive responses (System I thinking).