Ask Question
BusinessBusiness
22 November, 02:53

Which of the following is considered an advantage/benefit of utilizing an ERP system? a. Enables the company to utilize a single centralized database system, thus eliminating duplicate data entries b. Flexible enough that it allows different companies with different business models to mold the new ERP system to fit the company's business model c. Fairly inexpensive to purchase and implement

+4
Answers (1)
  1. 22 November, 05:43
    0
    The correct answer is A

    Explanation:

    ERP termed as or stands for Enterprise Resource Planning, which is defined as the centralized system, that provides the integration with the enterprise functions be it analytics, planning, sales, finance, HR, customer relations and procurement as well other application functions which are connected.

    So, this system consider the benefit of enabling the company to use the single database system, which is centralized and thus remove the duplicate data entries.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following is considered an advantage/benefit of utilizing an ERP system? a. Enables the company to utilize a single ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
An account that will have a zero balance after closing entries have been journalized and posted is
Answers (1)
Shot-term financial goals include saving for
Answers (1)
Rustic Living Furniture Company manufactures furniture at its central Kentucky factory. Some of its costs from the past year include:Wages paid to factory maintenance workers$60,000Fabric used to upholster furniture$80,800Wages paid to
Answers (1)
Andrew enters into a contract with jill to develop and deliver a custom ios app for the ist future forum. jill fails to deliver the app. andrew initiates a suit against jill, asking the court to order jill to deliver the app. jill is the:
Answers (2)
Diane's Designs has two classes of stock authorized: 9%, $10 par value preferred and $1 par value common.
Answers (1)
New Questions in Business
Roberta transfers property with a tax basis of $400 and a fair market value of $500 to a corporation in exchange for stock with a fair market value of $350 in a transaction that qualifies for deferral under section 351.
Answers (1)
Among the challenges facing those who practice the medical model today are cure versus control, the development of new drugs and
Answers (1)
Sheridan Company purchased $1750000 of 10% bonds of Scott Company on January 1, 2021, paying $1650375. The bonds mature January 1, 2031; interest is payable each July 1 and January 1. The discount of $99625 provides an effective yield of 11%.
Answers (1)
How do debt financing and equity financing affect the balance sheet differently?
Answers (1)
A local charity receives annual income of $9,800 from a trust fund established by a generous donor several years ago. The trust fund earns a fixed annual return of 4.75 percent. How much did the donor contribute to establish this fund
Answers (1)
Home » Business » Which of the following is considered an advantage/benefit of utilizing an ERP system? a. Enables the company to utilize a single centralized database system, thus eliminating duplicate data entries b.
Sign Up Forgot Password?