How does an ERP system differ from an MIS?

a. The ERP system informally links the different areas of management for specific purposes.
b. There is no difference.
c. The ERP system combines all areas of management into one centralized data warehouse.
d. The ERP system can be used only in a service business.


C

Business

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The management of Earth Barber Lawnmowers has calculated the following variances:


When determining the total product cost flexible budget variance, what is the total fixed overhead variance of the company?
A) $6500 F
B) $4000 F
C) $10,500 F
D) $5500 F

Business

How does one formulate a hypothesis?

a. One simply states what one thinks would happen as a result of the experiment. b. by asking questions, conducting background research, and creating theories of what might work c. by considering the potential outcomes of the experiment d. by studying the business and determining why things work the way they do

Business

“The stickiness factor” (Gladwell, 2000) involves ______.

A. trying different forms of communicating the same message B. having a story or narrative that can be retold in a variety of ways C. the tricky nature of change D. both A and B

Business

Angola is one of the countries that is expected to have one of the largest increases in population between 2000 and ___________.

Fill in the blank(s) with the appropriate word(s).

Business