ERP Systems Can Provide Vital Cross-Functional Information on Business Performance

question 65

Multiple Choice

ERP systems can provide vital cross-functional information on business performance to managers in a very timely manner. This describes the key business benefit of:

• A) Enterprise agility
• B) Decision support
• C) Decreased costs
• D) Quality and efficiency

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Definitions:

Reputation

The widespread belief about the character, qualities, and behaviors of an entity or individual, which can influence economic transactions and relationships.

Used-Car Dealers

Businesses that focus on selling pre-owned vehicles to consumers, often offering trade-in options.

Independent Events

Two or more events where the occurrence of one event does not affect the probability of the others.

Different Times

Various points or periods in time, indicating a range of temporal instances or durations.