An enterprise resource planning system integrates all functions of the enterprise. true false

Answers

Answer 1

It is a true statement that the enterprise Resource Planning system integrates all business processes and functions into a single software system, using a single database.

What is an enterprise resource planning system?

This system involves the processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management etc. At its most basic level, the enterprise resource planning system software integrates these various functions into one complete system to streamline processes and information across the entire organization.

The ERP system components are:

FinancialsHuman resourcesProcurement and logisticsProduct development and manufacturingSales and servicesAnalytics

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Answer 2

Answer: True

Explanation:


Related Questions

Why should investors know the difference between nominal and real interest rates?.

Answers

Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

Nominal and real interest rates

It is important or paramount that  investors know the difference between nominal and real interest rates as this will enable them to know the effect of inflation which occur when their is  increase in the price of goods and service.

Nominal interest rates will  help tell investors about the current situation in the market  while Real rates will tell investor  the returns they can gain so as to increase their capital.

Therefore Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

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How will your Virtual Stock Exchange experience influence your personal
investing in the future? Explain

Answers

Participating in a virtual stock exchange can provide valuable experience and insights into the world of investing. It allows individuals to practice making investment decisions in a risk-free environment and to learn from their mistakes without incurring any financial losses.

What is Virtual Stock Exchange?

Generally, By participating in a virtual stock exchange, individuals can develop an understanding of market trends, investment strategies, and risk management techniques. They can also learn about different types of investments, such as stocks, bonds, and mutual funds, and how they work.

This experience can influence personal investing in the future by providing a foundation of knowledge and skills that can be applied to real-life investment decisions. It can also help individuals develop confidence in their ability to make informed investment decisions.

Furthermore, participating in a virtual stock exchange can also help individuals develop a disciplined approach to investing, such as setting investment goals, regularly reviewing their investment portfolio, and sticking to a long-term investment plan.

In summary, participating in a virtual stock exchange can be a valuable learning experience that can provide insights and skills that can be applied to personal investing in the future.

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A $20 bill features which of the following on the reverse?

Answers

Answer:

The United States twenty-dollar bill ($20) is a denomination of U.S. currency. A portrait of Andrew Jackson, the seventh U.S. president (1829–1837), has been featured on the obverse of the bill since 1928; the White House is featured on the reverse.

hope this helps

have a good day :)

Explanation:

1.
True or False
Enrich Your Vocabulary
What do these words used in the text mean?
frequently (Reporter -1)
i. often
iii. occasionally
ii. regularly
b. deadly (Dr. - 1)
i. related to the dead ii. likely to cause death
iii. as of the dead ones!
Read the inte
are true or
C.
bird
e.
migratory (Dr. - 3_, Fins
i. having the habit of migration ii. having migraine
iii. having the habit of immigration
d. plucking (Dr. - 4)
i. picking
ii. Pulling the feathers off
jii. picking someone from danger
droppings (Dr. - 4)
i. things dropped
ii, solid waste matter of birds
iii. falling of something
pandemic (Reporter - 6)
j. disease that spreads over a whole area
ii. disease that causes pain
iii. disease that is regularly found in a particular area oila
f.​

Answers

Answer:

Reporter - 1

i. often

Dr - 1

ii. likely to cause death

Dr - 3

i. having the habit of migration

Dr - 4

ii. pulling the feathers of

Dr. - 4

ii. solid waste matter of birds

Reporter - 6

i. disease that spreads over a whole area

Note that all words are used in context of this text. Words plucking and droppings don't necessarily relate to birds but, used in this context, they do.

True because of Dr-3 have habit

What happens when the fed raises interest rates

Answers

Answer:

Reduces ability of businesses to borrow money to finance ventures.

Explanation:

This is a useful tool to combat inflation because cools down consumer spending, preventing instability in the economy.

McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17

Answers

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as its allowance for doubtful accounts is shown below

= Ending balance of account receivable × uncollectible percentage

= $960,000 × 0.05

= $48,000

hence, the  amount that should be reported as its allowance for doubtful accounts is $48,000

The above formula should be applied

Which of the following is an example of an informational business message?
A. a letter requesting a well-regarded personality to speak at a seminar
B.
a proposal that gives buyers reasons to purchase a product
O C.
a report with details about a company's marketing strategy
D.
a memo that urges employees to follow professional etiquette

Answers

B proposal that gives buyers reasons to purchase a product

Under the allowance method of recognizing uncollectible accounts, the entry to write off an uncollectible account:a. increases the allowance for uncollectible accounts.b. has no effect on the allowance for uncollectible accounts.c. has no effect on net income.d. decreases net income.

Answers

When using the allowance method of recognizing uncollectible accounts, writing off an uncollectible account c. has no effect on net income.

How does the allowance method of uncollectible accounts work?

The Allowance method for recognizing uncollectible accounts is such that the company opens up an account which is like a reserve, for uncollectible accounts.

When there is an uncollectible account, it goes to the reserve in question where it is subtracted from the allowance made. This means that the uncollectible is not treated as an expense and so has no effect on net income.

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in offering a saas package, what advice would you give to a potential client regarding a support plan by the hour and not as part of the package? is there an advantage to this type of package? what would be the negatives to not have a full-service plan and having someone on call 24/7?

Answers

In offering a saas package, it would be better to advice a potential client to choose an hourly support plan instead of a full-service plan due to the cost saving, however if you don't having someone on call 24/7 as it will affect the response to the client.


A support plan is a service offered by SaaS providers to help clients with any technical issues, questions, or concerns they might have while using the software. Support plans can vary in terms of their scope, response times, and pricing structure.

Advice on choosing an hourly support plan instead of a full-service plan: The main advantage of selecting a support plan that is billed by the hour rather than as part of the package is cost savings. If a client anticipates needing limited assistance, they may find that paying for support on an as-needed basis is more cost-effective than opting for a comprehensive plan.

However, there are potential negatives to not having a full-service plan and having someone on call 24/7. One major drawback is the potential for slower response times, as hourly support may not guarantee immediate assistance when issues arise. Additionally, without a full-service plan, clients might not have access to priority support or specialized experts who can address their unique needs. Finally, costs can become unpredictable and potentially higher if more support is needed than initially anticipated.

Therefore, in offering a saas package, it would be better to advice a potential client to choose an hourly support plan instead of a full-service plan due to the cost saving, however if you don't having someone on call 24/7 as it will affect the response to the client.

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For discrimination to be illegal, it must be taken against a person because of a

A. protected characteristic
B. personal attribute
C. red flag
D. job action

explain

Answers

Answer: A

Explanation:

you will thank am me later

What are some jobs people with disabilities cannot work?

Answers

Answer:

depends on the disability

Explanation:

depending on what kind of disability they have, people with disabilities cant do certain things

Which topic would a macroeconomist most likely study? a. Supply and demand b. Production costs C. Inflation d. Labor markets​

Answers

Answer:

I would say the answer is c. inflation.

Most likely, a macroeconomist will research inflation. As a result, choice (C) is the proper approach.

What is inflation?

In the field of economics, inflation is the overall rise in the cost of products and services throughout a country's economy.

A decrease in the purchasing power of money results from an increase in the general price level, which makes each unit of currency buy less in goods and services.

This is why inflation is a result of rising prices generally. Deflation is the reverse of inflation, which is an increase in the average level of prices for goods and services.

The annualized percentage change in an index of general prices, or the inflation rate, is the most widely used indicator of inflation. The consumer price index (CPI) is frequently employed for this since household prices do not rise uniformly. American salaries are calculated using the employment cost index.

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Weekly issues of People magazine are sold at airport kiosks for $4.99 each. On average a single kiosk at Boston's Logan International Airport sells 35 People magazines per week with a standard deviation of 3 magazines. The seller purchases the magazine for $3.25 each from the distributor, and the distributor gives the seller a 50-cent credit per unsold issue. The seller wants to know how many issues to order each week and the stockout risk for that quantity. What is the cost per unit of demand underestimated? Round your answer to the nearest cent. What is the cost per unit of demand overestimated? Round your answer to the nearest cent. How many issues of People magazine should the seller order from the distributor each week. Round your answer to the nearest whole number.

Answers

The cost per unit of demand underestimated is $1.25. The cost per unit of demand overestimated is $2.25. The seller should order 37 issues of People magazine from the distributor each week.

To determine the cost per unit of demand underestimated, we need to calculate the difference between the purchase cost and the credit received for unsold issues. In this case, the purchase cost is $3.25 per magazine, and the credit received for unsold issues is 50 cents per magazine.

Cost per unit of demand underestimated = Purchase cost - Credit for unsold issue

= $3.25 - $0.50

= $2.75

The cost per unit of demand underestimated is $2.75, rounded to the nearest cent, which is $1.25.

To determine the cost per unit of demand overestimated, we need to calculate the difference between the purchase cost and the selling price. In this case, the purchase cost is $3.25 per magazine, and the selling price is $4.99 per magazine.

Cost per unit of demand overestimated = Selling price - Purchase cost

= $4.99 - $3.25

= $1.74

The cost per unit of demand overestimated is $1.74, rounded to the nearest cent, which is $2.25.

To calculate the optimal number of issues to order each week, we can use the Economic Order Quantity (EOQ) formula, given the average demand, standard deviation, and costs involved.

EOQ = √[(2DS) / H]

Where:

D = Average demand per week = 35 magazines

S = Standard deviation of demand per week = 3 magazines

H = Holding cost per magazine per week = (Purchase cost - Credit for unsold issue)

Holding cost per magazine per week = $3.25 - $0.50 = $2.75

EOQ = √[(2 * 35 * 3.25) / 2.75]

= √(227.5)

= 15.08

Since we cannot order a fraction of magazines, the seller should order 16 issues of People magazine from the distributor each week, rounding up to the nearest whole number.

The cost per unit of demand underestimated is $1.25, while the cost per unit of demand overestimated is $2.25. To optimize inventory management and minimize costs, the seller should order 16 issues of People magazine from the distributor each week.

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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?

Answers

All of the following, with the exception of conditions, are required.

Describe insurance.

One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.

An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.

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Insurance

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A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?

Answers

Answer:

Debit Supplies Expenses $850 and Credit supplies $850

Explanation:

Kimdly check attached picture for explanation

A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies

How can I become rich???

Answers

Explanation:

1, Don’t focus on a job, use the income from your job to invest to create different forms of income

2, Fastest way to get rich is to form a business

that's it :)

You can start a side business or go into a trade they are really high in demand because nobody wants to do them

QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.​

Answers

Answer:

A. Review the different savings account options that your bank offers.

While developing a new product, in the product development stage, the first versions of products are used in further consumer testing. These first versions of products are called

Answers

In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.

A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) main stages in the product-life cycle;

Introduction.Growth.Maturity.Decline.

A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.

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A project that costs $402,258.61 to install will provide annual cash flows of $120,000.00 for each of the next 5 years. Calculate the NPV if the discount rate is 10.00%?

Answers

The NPV of the project is $52,943.43. A project that costs $402,258.61 to install will provide annual cash flows of $120,000.00 for each of the next 5 years.

To calculate the NPV of this project, we need to first determine the present value of each year's cash flow using the given discount rate of 10%.

Using the formula:
PV = CF / (1+r)^n
Where:
CF = Cash flow
r = Discount rate
n = Number of periods

We can calculate the present value of each year's cash flow as follows:
Year 1: PV = $120,000 / (1+0.10)^1 = $109,090.91
Year 2: PV = $120,000 / (1+0.10)^2 = $99,172.70
Year 3: PV = $120,000 / (1+0.10)^3 = $90,156.10
Year 4: PV = $120,000 / (1+0.10)^4 = $82,046.46
Year 5: PV = $120,000 / (1+0.10)^5 = $74,735.87

Next, we add up the present values of each year's cash flow to get the total present value:
Total PV = $109,090.91 + $99,172.70 + $90,156.10 + $82,046.46 + $74,735.87 = $455,202.04
Finally, we subtract the initial cost of the project ($402,258.61) from the total present value to get the NPV:
NPV = $455,202.04 - $402,258.61 = $52,943.43

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Labor and management at Leo Trucking cannot seem to agree upon a contract for the truck drivers. As each side contends that they are bargaining fairly, no agreement seems to be possible. The drivers are threatening to go on strike, and management knows that such a strike would prove to be costly. None of the parties involved in the dispute wants to reach a win-win agreement. They are each highly focused on their demands, which they would like to achieve, otherwise known as their ________ points. target tolerance focal distribution resistance

Answers

Answer:

resistance points

Explanation:

In simple words, The resistance level can be understood as the lowest point where a mediated settlement will be accepted. For a vendor, this implies the smallest number (minimum) or end result they are willing to take, whereas for a purchaser, it implies the highest number (upper limit) or bottom boundary they are willing to spend.

Thus, from the above we can conclude that the correct answer is resistance point.

can someone help me? got till the end of the day :/

can someone help me? got till the end of the day :/

Answers

Answer:

A

Explanation:

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

After the sale has been completed, what important step still remains for the sales associate to do?​

Answers

Answer:

follow up with the customer after an appropriate amount of time

Explanation:

After the sale has been completed a salesperson's duty is not over. The salesperson must always be in direct contact with the customer and follow him or her up for the various means of business or anything else.

What is the role of a salesperson?

The role of the salesperson is to closely look into the matters up and close and to understand the nature of the sales. The salesperson is very closely attached to the customer and must also hold a great relationship with the customers for sale.

The most important thing is that being a salesperson a person must always have the roles and responsibilities to understand the means of selling the right product to the customers.

The total process involved from convincing the customer to buy the product to selling the product must always be the responsibility of the salesperson. The role of the salesperson must not end there because the salesperson will also have to understand the various ways and means to understand the notion of nature of whether a customer might be interested in any kind of same business propositions.

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Some employers offer forms of employer compensation in addition to pay these are usually things like healthcare retirement and paid vacation

Answers

Answer:

True

Explanation:

Often called employee welfare package, is a term that refers to all other forms of employer compensation in addition to their pay that is given by employers, sorely because they want to motivate them towards effective work performance.

Healthcare retirement benefits and paid vacation benefits are good examples of employee welfare package.

does mcdonald's franshicd have the same menu as McDonald’s? Like if deal happened with McDonald’s will the franchise serve the same deal?

Answers

Answer:

Yes, the menu served at any McDonald's franchise will be exactly what you'd find in any other McDonald's outlet, franchise or not.

Explanation:

When businesses such as fast-food companies want to expand, one of the strategies available to them is the use of a Franchise method.

This involves permitting another company or individual to use its brand, intellectual properties, business system, and any other rights or properties of the parent company to trade in exchange for an initial fee as well as royalties whose sum is agreed by both parties.

The original company is usually called the franchisor and the new entrant the franchisee.

For this type of strategy to work, the franchisor must already have a strong brand, a tested business operating system that works and one that is easily replicable or scalable.

A franchise is not a franchise if it's services or operations differ from that of the parent company. So, whether it is the Franchisor or the Franchisee, the system, products, and services must look and feel the same everywhere one goes.

Cheers

7. As little as
A. 6
B. 2
C. 15
D. 10
percent of privately owned businesses ever move from the start-up stage to the success stage.

Answers

As little as 6 percent of privately owned businesses ever move from the start-up stage to the success stage. The correct answer would be option A.

More than two thirds of new businesses fail and are unable to provide investors with a profit. There can be many reasons why such a low number of startups become successful.  Business founders claim that reasons for failure include running out of money, being in the wrong market, lacking research, poor alliances, inefficient marketing and lacking industry expertise.

Since 2014, several causes of failure have become more common, such as a dearth of market demand. This does not imply that startup ideas are becoming scarce. It illustrates the lack of diversity among founders and investors in terms of culture, geography and socioeconomic status. For example, startups that couldn't adjust to a socially isolated lifestyle were throttled by COVID-19.

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Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account

Answers

Answer: stock are speculative

Explanation:

The option given that can incur speculative risk is option a. stocks.

What is speculative risk?

The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.

Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.

Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.

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the average arrival rate of the customer in a service supply chain does not influence the management of the actual waiting time or the perceived waiting time by the service company.T/F

Answers

This statement is False, the average arrival rate of the customer in a service supply chain does not influence the management of the actual waiting time or the perceived waiting time by the service company.

The average arrival rate is a term used to describe the rate at which new items, products, or services arrive at a given place over time. It is most commonly used to measure the rate at which customers or orders arrive at a business or a warehouse. The average arrival rate helps companies to determine where they are in terms of customer demand and helps them plan their resources and operations accordingly.

The formula to calculate the average arrival rate is the total number of arrivals divided by the total time. For example, if a business receives 100 orders over a period of one week, the average arrival rate would be 100 orders per week. This average can be broken down further to represent the average arrival rate per day, hour, or minute.  

The average arrival rate is essential to businesses because it helps them understand the demand for their products and services. By understanding the average arrival rate, businesses can plan for future demand, determine the necessary resources for their operations, and adjust their budget accordingly. Additionally, the average arrival rate helps businesses to identify trends and make decisions about their future operations.  

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Time Left:0:39:31
Question 3 (1 point)
Listen
Ayden Marie Lochner: Attempt 1
Amgen, the largest biotechnology company in the world, donates millions of dollars
annually to raise the value of science literacy in the community and attract bright
young minds into the field of science. Since Amgen, as an employer would benefit
from this philanthropy, it would be characterized as strategic giving.
True
False
Question 4 (1 point)
4) Listen

Answers

Amgen, the largest biotechnology company in the world, donates millions of dollars annually to raise the value of science literacy in the community and attract bright young minds into the field of science. Since Amgen, as an employer would benefit from this philanthropy, it would be characterized as strategic giving. This statement is True.

Biotechnology is the application of biology to problem-solving and product-making processes. The most popular method is genetic engineering, which enables researchers to change an organism's DNA as they see fit.

In order to apply organisms, cells, their components, and molecular counterparts to create goods and services, biotechnology integrates natural sciences and engineering sciences. Károly Ereky used the word "biotechnology" in 1919 to describe the utilization of living organisms in the creation of goods from raw materials.

The term "biotechnology" refers to a broad range of techniques used to alter living things for human benefit. These techniques date back to the domestication of animals and the cultivation of plants, as well as "improvements" made to them through breeding programs that use artificial selection and hybridization. Along with cell and tissue culture technology, modern applications now include genetic engineering.

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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?

Answers

Low, high  levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.

Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.

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