Which of the following is true of an ERP system?

A. It does not facilitate the flow of information between a company and its suppliers.
B. Its usage is mandatory for ensuring the protection of customer data.
C. It can only be used to store data about a company's resources.
D. It facilitates the flow of information among all the business functions within an organization.
E. Its usage makes hacking difficult and therefore enhances security.


Answer: D

Business

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John Britain Fabrics and BlueFabs are in the exploration stage of a sales relationship. Margret, a sales executive for John Britain Fabrics, has been assigned to ensure reordering from BlueFabs. What should she do to ensure this?

A. She should compel BlueFabs to reorder by giving discounts. B. She should give the impression of a fair adjustment of price. C. She should continuously monitor BlueFabs' levels of satisfaction. D. She should set high expectations for the products bought by BlueFabs. E. She should make up responses to tough questions by BlueFabs.

Business

Whereas a receiving report normally indicates that goods have been received, some organizations use a(n) ______________________________ to acknowledge formally the satisfactory completion of a service contract

Fill in the blank(s) with correct word

Business

After listing the adjustments in the work sheet, it is not necessary to journalize adjusting entries to update the ledger accounts

Indicate whether the statement is true or false

Business

Jamele has inherited a team of low performers. She is eager to change their performance levels, so she will most likely begin by changing ______.

A. self-esteem B. self-efficacy C. self-fulfilling prophecy D. low expectations to high expectations

Business