Examlex
Which of the following statements is correct?
Information Silos
Isolated islands of data or information managed separately within an organization, leading to inefficiency and lack of synergy.
ERP
Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities.
Core ERP Modules
Fundamental components of an ERP system catering to critical business functions including finance, human resources, inventory management, and sales.
Financial
Relates to finance, encompassing the management, creation, and study of money, banking, credit, investments, assets, and liabilities.
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