Answer:
The answer to this question is given below in the explanation section.
Explanation:
Most business applications and websites use and process the credit card for their transaction.
For example, e-commerce website such as ali baba, am a zon, accepting credit card transaction when the customer gets to purchase any product from their stores. Their transactions are processed by in house credit card apps/service. But these apps/services owned by a third party. They just give you API services and related code to integrate the credit card services.
By using their in-house credit card apps/services, they know that user has transferred the money into their account for the purchased product, upon receiving payment confirmation, they then prepare and dispatch the order.
So, the correct answer to this question is:
To process the credit card transactions, they license third-party credit card apps/services backed by the internet merchant who is responsible for handling and managing the money of the business account.
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.
Answer:
Simple, really
Explanation:
3Rd one is pretty easy, all you have to do is read closely.
