The Benefits of Enterprise Resource Planning Systems Include

question 8

Multiple Choice

The benefits of enterprise resource planning systems include:

• A) increasing an organization's ability to react quickly to changing business conditions.
• B) providing decision support on performance across functional areas.
• C) integrating the organization's functions into cross-functional processes.
• D) all of these options.

Understand the concept of aligning actions and their role in social interactions.

Differentiate between types of aligning actions with examples.

Reflect on personal experiences of embarrassment and identify the discredited identity.

Analyze strategies for face-saving in awkward social situations.

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Definitions:

Cause Marketing

A marketing strategy where businesses align with social issues or causes to generate societal impact and also promote their brand.

Charitable Contribution

Donations of money, goods, or services to nonprofit organizations or charities to support their causes and obtain potential tax benefits.

Tax Deduction

An allowable expense that can be deducted from taxable income, thus reducing the overall tax liability.

Fiscal Year

A one-year period used for financial reporting and budgeting that does not necessarily align with the calendar year; the start and end dates are chosen by the company or government entity.