The main answer is True.
The statement is correct, enterprise operations systems work in conjunction with the firm's ERP system to provide specific functionality to support supply chain operations.
<h3>
Explanation:</h3>
- ERP system to provide specific functionality to support supply chain operations.
- Supply chain management has been an integral part of ERP solutions adopted by several enterprises.
- Manufacturers need to interact with various suppliers and partners to obtain the raw materials and resources at the right time and at the right amount to bring finished goods to market.
- Businesses are actively focusing on several supply chain strategies to boost plant productivity, enhance product quality, and cut down on manufacturing costs.
- As the operations become more extensive and globalized, the integration of SCM becomes all the more important.
- ERP solutions can support multiple modes, such as make-to-order, engineer-to-order, and configure-to-order, and provide operations support across multiple sites in real time.
- ERP solution streamlines the path their products go through from supplier to warehouse and finally to store for the customer.
- As a result, businesses can avoid supply chain disruption.
This theory explains how ERP systems provide support to the supply chain.
So the given statement is True
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Answer:
Transformation process.
Explanation:
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.
A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.
In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.
Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.
The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.
By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
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Answer:
The correct answer is letter "B": can be physically touched.
Explanation:
Goods are those <em>material </em>assets that satisfy consumers' needs. Services are also provided to fulfill individuals' wants but they are <em>intangible</em>, meaning even if goods can be rendered from one person to another, services cannot be touched or perceived with the senses. The creation of goods and services to cover different types of necessities is what drives countries' economies.
Answer:
Change in M1 $400
Changd in M2 $0
Explanation:
The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.
Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money
Change in M1 $400
Changd in M2 $0