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enot [183]
1 year ago
7

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

Business
1 answer:
Stella [2.4K]1 year 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

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Retscan, Inc. has assets of $625,000, liabilities of $385,000, and equity of $240,000. It buys office equipment on credit for $1
brilliants [131]

Answer: a. Assets increase by $125,000 and liabilities increase by $125,000

Explanation:

The Office equipment bought are considered PPE which means they are fixed assets. Their acquisition will increase the assets held by the company by the value of the equipment, $125,000.

The equipment was however, bought on credit. This means that the company still owes the suppliers, payment for it which will see their liabilities increase by the same amount of $125,000.

5 0
3 years ago
As a researcher, what would you do if you set to reject the null and found the null to be true?
soldi70 [24.7K]
Set the significance level of the probability of making a type error to be small 0.01, 0.05, or 0.10 compare the P value to if the P value is less than or equal to reject the no hypothesis in favor of the alternative hypothesis.
4 0
3 years ago
If the interest rate in the United Kingdom is 8 percent, the interest rate in the United States is 10 percent, the spot exchange
NISA [10]

Answer:

The answer is $1.78 / £1

Explanation:

Solution

Given that

Interest rate of United kingdom = 8%

Interest rate of United States =10%

Spot exchange rate =$1.75£1

The next step is to find the one year forward rate of exchange

Thus

Forward Rate = S₀ * [ ( 1 + Rus) / ( 1 + RE) ]

=$ 1.75 * ( ( 1 + 10%) / ( 1 + 8%) )

$1.78

Therefore, the forward exchange rate is $ 1.78 / £1

3 0
3 years ago
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cute product t
Rasek [7]

Answer:

HELLO SOME PARTS OF THE QUESTION IS MISSING ATTACHED BELOW IS THE MISSING PARTS

answer : 13156

Explanation:

Considering only products primarily in the core segment last year.

they are : Ant, cone, cute,Drat and Daze

From the question it is assumed that Chester's product Cute and other products in its Core segment will be increased  by 10% this year hence we will calculate the 10% increase of each core product and add it to its initial value

For ANT (1550)

will become = 1550 + ( 10% * 1550 ) = 1705

For CONE ( 1050 )

will become = 1050 + ( 10% * 1050 ) = 1155

For Cute ( 1300 )

will become =  1300 + (10% * 1300 ) = 1430

For Drat ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

For DAZE ( 1040 )

will become = 1040 + ( 10% * 1040 ) = 1144

The total capacity of the current year = 1705 + 1155 + 1430 + 1144 + 1144 = 6578

Hence the Total capacity the Industry will produce in the core next year still applying the 10% increment will be = 2 * 6578 = 13156

7 0
2 years ago
A book of mass 5 kg rests on a plank. You tilt one end of the plank and slowly increase the angle of the tilt. The coefficient o
s344n2d4d5 [400]

Answer:

The maximum angle of tilt is 26.56°.

Explanation:

Given that,

Mass of book = 5 kg

Coefficient of static friction = 0.50

The normal force of plank on book

F_{n}=mg\cos\theta

The friction force holding book against moving

f_{\mu}=\mu F_{n}....(I)

The force induced by gravity is

F_{g}=mg\sin\theta....(II)

We need to calculate the angle

Now, both forces are equal

f_{\mu}=F_{g}

\mu\ mg\cos\theta=mg\sin\theta

Put the value into the formula

0.50\times5\times9.8\cos\theta=5\times9.8\sin\theta

\tan\theta=\dfrac{0.50\times5\times9.8}{5\times9.8}

\theta=\tan^{-1}{0.5}

\theta=26.56^{\circ}

Hence, The maximum angle of tilt is 26.56°.

4 0
3 years ago
Read 2 more answers
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