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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

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If a building has 18,000 square feet of useable space and 2,000 square feet of common area, the rentable/useable factor would be 1.111 The amount of a commercial property that the tenant can actually use is measured in "usable square feet," or USF.

The common parts of the buildings, such as the foyers, corridors, stairwells, and public restrooms, are excluded. The USF, however, comprises everything that is enclosed inside the borders of the floor, excluding elevators and staircases, in the instance of tenants who have leased the full level for commercial uses.

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8 0
1 year ago
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2 years ago
Substitutes have a(n): Please choose the correct answer from the following choices, and then select the submit answer button. in
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Answer: positive cross elasticity of demand.

   

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

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