What Is the Most Important Benefit of an Enterprise Application

question 92

Multiple Choice

What is the most important benefit of an enterprise application?

• A) Enabling speed of communicating
• B) Enabling business functions and departments to share information
• C) Enabling a company to work collaboratively with customers and suppliers
• D) Enabling cost-effective, e-business processes
• E) Enabling managers to make better decisions

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Definitions:

Competitive Advantage

A condition or circumstance that places a company or entity in a favorable or superior position relative to competitors.

Unique Product

A good or service that is distinct in its features, benefits, or value proposition compared to others in the market.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Vertical Communication

The process of information flow between different levels of an organization, both upwards from subordinates to superiors and downwards from superiors to subordinates.