Enterprise Resource Planning Systems

question 60

Multiple Choice

Enterprise resource planning systems

• A) were designed to process transactions faster.
• B) evolved because newer technologies made older systems obsolete.
• C) use a common database for all functional areas.
• D) are utilized to conduct site analyses.
• E) All the above statements are true.

Analyze legal protections against invasions of privacy.

Discuss specific privacy concerns in the Canadian context.

Examine real-world examples of privacy invasion and protection.

Understand the hierarchy and functions of different courts within the Canadian legal system.

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Definitions:

Appropriations Bill

Legislation passed by a legislative body that provides funding for specific government agencies, departments, or purposes.

Regulatory Capture Effect

A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, leading to favorable policies for the regulated entities.

Principal-Agent Problem

A situation in which there is a conflict of interest between a principal (such as an owner) and an agent (such as a manager), because the agent may not act in the best interest of the principal.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction they were not involved in, such as pollution.