In order to buy stock, you must go and find a stock broker. You do not always need a broker, but it is more convenient to have one to manage your stock. It also makes your life in the market easier. The broker will manage your shares and you tell him when you want to buy or sell your stock.
The database system allows the creation of a single depository of information, which is updated periodically and which can be used simultaneously by many users, since this type of system allows the effective sharing of all data stored in its depository . In addition, this is a secure system and is very difficult to break into. This is because of the efficiency of the software used to maintain it. However, the use of these softwares can be a little complicated for users, in addition to requiring a high economic cost to obtain them.
The traditional file system, in turn, each user must obtain their own file related to the application they want to run. This may seem dull in comparison to the database, but it is advantageous as it does not require any spending on software, as it is simple and there are several cheap and efficient tools and editors on the market. However, this system is not so safe, it can cause isolation of data and even data inconsistency, which disrupts the entire system.
A computer is a device whose main function is to process large amounts of information quickly and accurately, and this procedure is done thanks to hardware and software.
Answer:
ERP systems provide a single, cohesive platform
Explanation:
“ERP means Enterprise Resource Planning”. ERP is One solution for all the business need. It is a software(Business process management software) which does various functions and gives one single application for running all the process of the organization. It shares a common Database which “enables the user to perform multiple task” from multiple location.
ERP module includes Supply chain management, financials, online sales, decision support system, warehouse management, human resource, CRM, etc. Using ERP we can increase the interaction among the staff, reduce labor cost, etc.
