1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enot [183]
2 years ago
7

What is an erp system? how does an erp system enforce best practices for an organization?

Business
1 answer:
Stella [2.4K]2 years ago
8 0

An ERP (enterprise resource planning) system is a software application that includes a centralized database and is used throughout a company. It enforces best practices through the software's business processes.

Enterprise Resource Planning (ERP) is business management software that enables a company to use a collection of interconnected applications. The ERP systems automate and simplify the operations, resulting in a leaner, more accurate and more efficient organization. ERP gives the unparalleled visibility into the  main business activities.

ERP may integrate information and procedures in one location rather than managing each aspect of the  firm with a separate system. This streamlines tasks, automates procedures, and allows all parts of the supply chain to work more efficiently.

As a result, an ERP (enterprise resource planning) system is a software program with a centralized database that is utilized throughout a business. It enforces best practices through the business operations of the program.

To know more about ERP click here:

brainly.com/question/26598341

#SPJ4

You might be interested in
Help if you can thank you
makkiz [27]

Answer:

3rd one I'm pretty sure, if not then I'm srry lol

Explanation:

its common sense

6 0
3 years ago
Carlos does a good job of keeping track of his understanding of the material he is reading, and if he gets confused, he always r
padilas [110]

Answer:

Comprehension monitoring

Explanation:

This example suggests that Carlos has good Comprehension monitoring skills

4 0
3 years ago
Fox Co. had 120,000 shares of common stock outstanding at January 1. On July 31, it issued 60,000 additional shares of common st
balu736 [363]

Answer:

180 000 common stock shares outstanding

Explanation:

preference shares are not used in calculating earning per share. Earning per share is the part of the firm's profit that is attributed to common stock shares. It is an indicator of financial strength of a company. It also shows the intrinsic value of the company's shares. This can be used to determine if a share is overvalued or under valued in the equity market.

The company  has 120, 000 common stock shares and issued additional 20,000 common stock shares totaling 180,000 common stock shares.

8 0
3 years ago
A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the
const2013 [10]

Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities.  Awareness of its services is created through the sponsorship.  People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged.  The fundraiser creates huge goodwill.  Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

5 0
3 years ago
Which of the following is true of liquidity? Select one: a. Liquidity metrics include debt ratio, times interest earned, and rat
kompoz [17]

Answer:

c. Liquidity is the ability to convert assets to cash.

Explanation:

The company's level of liquidity deals with the company's level of cash which is usually held to meet current obligations.

The liquidity ratios are ratios that indicate how well and quickly a company can convert current assets into cash for the settlement of current liabilities.

Examples of liquidity ratios include current ratio, acid test/quick ratio , cash ratio and working capital ratio.

6 0
3 years ago
Other questions:
  • Suppose Toyota built a new automobile plant in Mexico using Japanese management practices, Canadian capital, and Mexican labour.
    13·1 answer
  • The Model Privacy notice was introduced in 2010. Which statement about the notice is true?
    12·1 answer
  • For each of the following characteristics, check which types of firm it describes: a monopoly firm, a monopolistically competiti
    14·1 answer
  • Matthew Martin, the sole stockholder of Innovation Consulting, started the business by investing $40,000 cash in exchange for co
    5·1 answer
  • The product development team of a company conducts a meeting to discuss the worthiness of launching a new product in the market.
    5·1 answer
  • Exercise 6-1 The Effect of Changes in Activity on Net Operating Income [LO6-1]Whirly Corporation’s contribution format income st
    7·1 answer
  • ABC Corp. has a market capitalization of $300 million and a beta of 0.75. It has $75 million in outstanding debt and its debt be
    7·1 answer
  • Suppose the current price of a pound of chicken is $3 per pound and the equilibrium price is $6 per pound. What takes place
    14·1 answer
  • The easiest way to break password security on a windows 2000 or later machine is to use a ____ program which can set the adminis
    7·1 answer
  • an employee wears jeans to work and is reprimanded by their supervisor for dressing inappropriately. from then on, the employee
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!