_____ Integrate the Planning, Management, and Use of All of an Organization's

question 42

Multiple Choice

_____ integrate the planning, management, and use of all of an organization's resources, and are designed to tightly integrate the functional areas of the organization.

• A) Transaction processing systems
• B) Supply chain management systems
• C) Functional area information systems
• D) Enterprise resource planning systems
• E) Corporate extranets

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Definitions:

Customers

Individuals or entities that purchase goods or services from a business, essentially driving the revenue of the company.

Miller-Orr Model

A financial model used to manage cash balances, determining the optimal point to transfer funds in and out of a non-interest bearing cash account.

Cash Balance Target

A strategy where a company aims to maintain a specific amount of cash on hand to meet operational and emergency needs.

Weekly Interest Rate

An interest rate quoted or applied on a weekly basis, often used in short-term loans or savings accounts to indicate the rate of interest over a week's period.