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anyanavicka [17]
3 years ago
15

LO 1.5What is an enterprise resource planning (ERP) system? What are the principal benefits of such a system?

Business
1 answer:
Marta_Voda [28]3 years ago
5 0

Answer:

ERP(Enterprise resource planning)system is the software model that depicts about the management and handling of business processes.It permits the organization and business to use integrated application so that their function can become obstruction-less and automate complex function.Business processing can easily deal with the technology, application software, programs and human resources.

Benefits provided by ERP system are as follows:-

  • Increasing the productivity of organization
  • Can derive the solution for complex processes
  • streamlined working processes.
  • Improved efficiency etc.
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You work as an assistant coach on the university swim team and earn $13 per hour. One day, you decide to skip the hour-long prac
Olegator [25]

Answer:

The answer is: $22

Explanation:

In order to calculate the cost of skipping practice, we have to calculate the total sum of the deficit incurred within the period, and this includes the money that would have been earned during that hour of practice if it had been attended (opportunity cost of time), and the admission fee into the carnival. This calculation is shown below:

Opportunity cost of time = $13

cost of admission into carnival = $9

Total cost of skipping practice = opportunity cost of time + cost of admission into carnival

= 13 + 9 = $22

3 0
3 years ago
When mary does gymnastics for two hours and her grade on the economics test?
vovikov84 [41]
I really don't understand what you are asking
3 0
3 years ago
if you expect the inflation rate to be 15 percent next year and a one-year bond has a yield to maturity of 7 percent, then the r
uranmaximum [27]

If the inflation rate is  15 percent. The real interest rate on this bond is:22%.

<h3>Real interest rate </h3>

Using this formula

Real interest rat=Expected inflation rate+ One year yield to  maturity

Let plug in the formula

Real interest rate=15%+7%

Real interest rate=22%

Therefore the inflation rate is  15 percent. The real interest rate on this bond is:22%.

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6 0
2 years ago
If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on
muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

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2 years ago
Which statement is the best definition of the price elasticity of demand?The ratio of the percent change in demand to the percen
Vikki [24]

Answer:

The ratio of the percent change in quantity demanded to the percent change in price.

Explanation:

Price elasticity of demand measures how responsive quantity demand is to changes in price.

The formula is given by

Price elasticity of demand= Percetage change in demand/ Percentage change in price

Usually the price elasticity bis negative. Goods that don't obey the law of demand have positive elasticity.

7 0
3 years ago
Read 2 more answers
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