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Briefly Explain Enterprise Resource Planning Core Components

question 38

Essay

Briefly explain enterprise resource planning core components.


Definitions:

Efficiency

The economic principle of getting the most output from the least input.

Administrative System

A framework or process through which organizations manage tasks, procedures, and structures to achieve objectives efficiently and effectively.

License Revocation

The cancellation or withdrawal of a license, removing the legal permission to engage in a regulated activity.

DUI Conviction

A legal judgment that confirms someone was guilty of driving under the influence of alcohol or drugs.

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