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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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Pepper Corporation owns 75 percent of Salt Company's voting shares. During 20X8, Pepper produced 50,000 chairs at a cost of $79
muminat

Answer:

Please see below

Explanation:

Given that:

Number of chairs sold = 35,000

Cost per chair $79

The cost of goods sold that must be eliminated from the consolidated

= Number of chairs sold × Cost per chair

= 35,000 × $90

= $2,765,000

Therefore, for computing the cost of goods sold to be eliminated, we simply multiply the number of chairs sold with cost per chair.

4 0
3 years ago
Flora, who owns and operates garden fresh organic farms, agrees to sell harvesters grocery a minimum quantity of fresh fruits an
Rina8888 [55]
<span>Breached. Explanation: A contract is a legally binding agreement between two parties. Once an agreement is signed between two parties, both parties are subject to terms and conditions written in the agreement. As in the above example, Flora agrees to sell harvesters grocery a minimum quantity of fresh fruits and vegetables every week for three months, that means Flora is subject to the agreement that she will sell that no matter what the future market price will be, whether it increases or decreases. As Flora decides not to deliver the agreed order, it is a violation of terms and conditions of the agreement/contract. So the contract is breached.</span>
7 0
3 years ago
The small island nation of kaboom is a simple economy with no​ government, no​ taxes, and no imports or exports. kaboomers​ (cit
Luden [163]

HERE IS/ARE THE FULL QUESTION(S):

The small island nation of Kaboom is a simple economy with no​ government, no​ taxes, and no imports or exports. Kaboomers​ (citizens of​ Kaboom) are creatures of habit. They have a rule that everyone saves exactly 40 percent of income. Assume that planned investment is fixed and remains at 225 million Kaboomian dollars. Further assume that autonomous consumption​ (independent of​ Y) is​ zero, so consumption​ (C) is MPC times Upper YMPC×Y.

The following data are estimates for the island of​ Kaboom:

bullet• Real GNP​ (Y): 422 million Kaboomian dollars

bullet• Planned investment spending ​(I)​:225 million Kaboomian dollars

You are asked by the business editor of the Explosive Times​, the local​ newspaper, to predict the economic events of the next few months.

Based on the data​ given, you predict inventories will DECREASE and the level of real GNP will INCREASE.

Things will stop changing when SAVINGS EQUAL INVESTMENT.

Kaboom's economy will reach equilibrium when its real GNP​ = 563 MILLION Kaboomian dollars

6 0
3 years ago
etermining Gross Profit During the current year, merchandise is sold for $990,000. The cost of the merchandise sold is $693,000.
otez555 [7]

Answer:

Results are below.

Explanation:

<u>A: To calculate the gross profit, we need to use the following formula:</u>

Gross profit= sales - cost of goods sold

Gross profit= 990,000 - 693,000

Gross profit= $297,000

B: <u>Now, the gross profit percentage:</u>

Gross profit percentage= (gross profit / sales)*100

Gross profit percentage= (297,000 / 990,000)*100

Gross profit percentage= 30%

C: F<u>inally, a net income is reported in the income statement at the moment of the sale</u>. It doesn't matter if the sale was paid or not.

6 0
2 years ago
________ is the analysis and redesign of workflow within and between enterprises. Multiple Choice Business process reengineering
stich3 [128]

(C) Business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.

<h3>What is Business process reengineering (BPR)?</h3>
  • Business process re-engineering (BPR) is an early 1990s business management method that focuses on the analysis and design of workflows and business processes within a company.
  • BPR seeks to assist firms in fundamentally rethinking how they do business in order to improve customer experience, reduce operational costs, and compete on a global scale.
  • BPR aims to assist businesses in significantly restructuring their organizations by focusing on the design of their business processes from the ground up.
  • A business process, according to early BPR proponent Thomas H. Davenport (1990), is a sequence of logically related operations executed to produce a specific business objective.

Therefore, (C) business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.

Know more about Business process reengineering here:

brainly.com/question/14019951

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Complete question:

__________ is the analysis and redesign of workflow within and between enterprises.

Multiple Choice

(A) Critical success factors (CSFs)

(B) Benchmarking metrics

(C) Business process reengineering (BPR)

(D) Decision support interfaces (DSI)

5 0
2 years ago
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