Which of the following statements are true about enterprise systems?

Group of answer choices

Enterprise systems are implemented to gain efficiency in business processes, effectiveness in supply chains and an overall understanding of customer needs and behaviours.

Enterprise systems are really expensive and have been shown to deliver minimal value to any business that uses them

Enterprise systems are often available as a generic, but highly customisable, group of programs to integrate business functions such as accounting, manufacturing and marketing.

Enterprise systems are small-scale software applications that connect and manage processes and information flows within a single business unit

Answers

Answer 1

The true statement about enterprise systems is that they are implemented to gain efficiency in business processes, effectiveness in supply chains, and an overall understanding of customer needs and behaviors.

Enterprise systems are comprehensive software solutions that integrate various business functions, such as accounting, manufacturing, and marketing. They are designed to streamline operations, improve productivity, and enhance decision-making within organizations. By consolidating data and processes, enterprise systems enable efficient business processes, optimize supply chains, and provide insights into customer behavior. These systems are often highly customizable to meet specific business requirements, but they are not small-scale applications limited to a single business unit. While the cost of implementing enterprise systems can vary, they are recognized for their potential to deliver significant value to businesses when properly implemented and utilized.

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Related Questions

How can I make money on the internet, List some that are easy for multiple people

Answers

Answer:

You can use some beermoney websites such as Swagbucks and RewardXP. You do surveys and tasks to earn money. I personally use RewardXP. You can cash out in PayPal, gift cards, and even prepaid gift cards that can be used as debit/credit cards. I have personally made $60 from RewardXP.

Umpqua's vision is "to become the world's greatest bank." The company sees its competitors as other financial institutions that perform banking services. This is taking a _________ of its competition.

Answers

Answer:

This is taking a industry point of view of its competition.

Explanation:

The statement shown in the question above presents an industry point of view regarding competition. This view was established based on the market in which both Umpqua and competitors are established. The industry's point of view in relation to the market is that the company defines that its competitors offer a product very similar to yours and that is capable of satisfying its customers efficiently, in the same way as the product produced by you same.

Since Umpqua sees its competitors as other financial institutions that perform banking services, it is taking an industry point of view of its competition.

What is competitive advantage?

Competitive advantage can be defined as the  factors, conditions, or circumstances that allow a business organization (firm) to manufacture its finished goods or provide services better and perhaps cheaper than rival firms (competitors) in the same industry.

The major benefits of competitive advantage:

An increase in the level of sales.An increase in revenue generation.A higher profit margin than rival firms in the same industry.

In this scenario, Umpqua's vision is to be in a more favorable position become superior to other financial institutions (rival firms) that perform banking services, thereby, making it the world's greatest bank.

This ultimately implies that, Umpqua is is taking an industry point of view of its competition because it aimed at becoming the world's greatest bank.

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WILL MARK BRAINLIEST

Etiquette Inc. earns $150,000 as income from services in a particular accounting period. The company's operating expenses for this period are
$35,000. What is the company's net income?

The net income Etiquette Inc. earns is $______.

Answers

Answer:

$115,000

Explanation:

150,000-35,000

Both individuals and organizations can be consumers.
O True
O False

Answers

Answer:

True

Explanation:

According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?

Answers

Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.

New Agency Debby Just got a job as an assistant in a new federal agency called the Accounting Commission that was set up to regulate the accounting and auditing profession. The agency is headed by commissioners who serve for fixed terms and cannot be removed except for cause. Additionally, no more than a majority of the commissioners may be from the same political party. Her agency is getting ready to Issue rules. The enabling legislation that set up the Accounting Commission specified that the agency could make rules but said nothing about the form of the rules. Debby's boss, Blare, gave her some proposed rules and asked her to be sure that they were published and to take care of the next step in the approval process. Blalte also told her that at this point she was not very interested in hybrid rule making. After publication, What would be the next step in obtaining enactment of the proposed rules?
A. vote in the United States Congress
B. Approval by the US president through the stance of an active order
C. Apublic hearing
D. An opportunity for parties to be witten comments
E. Ang before medie lige IAL

Answers

Answer:

D. An opportunity for parties to be written comments

Explanation:

New agency is making some new rules for legislation. Blare, the boss of Debby gave her some of the proposed rules and asked her to publish them for the people and prepare for the next approval process.

So for the next step after Debby provides a public notice to its citizens is the opportunity for the common public and the interested parties to study the rules and sends their thoughts and comments on the rules made so that the agency can analyze those comments and consider the positive views in the rules and can also respond to their comments.

Thus the correct option is (D).

when establishing a space management system, there are areas or ( what ) zones around the vehicle that must be constantly monitored.

Answers

Establishing a space management system is crucial for the safety of a vehicle. It involves monitoring the areas or zones around the vehicle, and making sure that those areas are clear of any potential hazards.

The most important zones to be monitored are the front, the sides and the rear of the vehicle. The front zone should include a wide range of vision, including the front bumper, the hood, the headlights and the road ahead.

The side zones should be monitored for potential obstacles and other vehicles. The rear zone should be checked for any vehicles or objects that might be in the way of the vehicle.

All of these zones should be constantly monitored and updated to ensure the safety of the vehicle. By monitoring these zones, the driver can be aware of potential hazards and take the necessary steps to avoid them.

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Which of the following is a reason that your company might not want to increase its market share?
A.
The market saturation for your product is low.
B.
Many of your company's competitors have bad reputations.
C.
Your company has a limited capacity for producing your product.
D.
The price of your product is very competitive.

Answers

Answer:

C: Your company has a limited capacity for producing your product.

Explanation:

hope this helps!

What does formula do In a spreadsheet program

Answers

Answer:

It uses data entered in certain cells to calculate values for other cells.

Explanation:

how does tax increase cost of production?

Answers

Answer:

Tax incidence is the effect a particular tax has on the two parties of a transaction; the producer that makes the good and the consumer that buys it. The burden of the tax is not dependent on whether the state collects the revenue from the producer or consumer, but on the price elasticity of supply and the price elasticity of demand. To understand how elasticities influence tax incidence, it is important to consider the two extreme scenarios and how the tax burden is distributed between the two parties.

Answer:

As with the specific tax, the tax raises production costs, but the amount of tax varies with price level.

Explanation:

Suppose other countries have a comparative advantage over New Zealand in producing vinegar. If trade in vinegar is allowed, New ZealandA. will import vinegarB. will export vinegar.C. will either import vinegar or export vinegar, but it is not clear from the given information.D. would have nothing to gain either from exporting or importing vinegar.

Answers

If trade in vinegar is allowed, New Zealand will import vinegar. So, the correct option is A.

If trade in vinegar is allowed, What does New Zealand do?

A country is said to have a comparative advantage if it can produce a particular product at a lower opportunity cost than other countries.

Opportunity cost refers to the foregone value of the best alternative that is forgone in order to produce a given good.

In this question, if other countries have a comparative advantage over New Zealand in producing vinegar, then it means that New Zealand can produce vinegar but not as cheaply as other countries.

Thus, if trade in vinegar is allowed, New Zealand will import vinegar.In conclusion, New Zealand will import vinegar if other countries have a comparative advantage over it in producing vinegar.

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Which of the following conditions would prevent a firm from setting different prices in different markets? R EF SEE PRETRES BER estion Select one: A. law enforcement preventing smuggling from occurring O B. government imposition of a price ceiling O C. government intervention forcing the firm to reduce the level of output O D. possibility of arbitrage for buyers between different markets S TEE

Answers

The correct answer is D. possibility of arbitrage for buyers between different markets.

Arbitrage refers to the practice of buying a product at a lower price in one market and selling it at a higher price in another market, taking advantage of price differentials. If buyers have the opportunity to engage in arbitrage between different markets, it would prevent a firm from setting different prices in those markets. This is because buyers would exploit the price differences by purchasing at the lower price and reselling at the higher price, equalizing prices across markets.

The other options are not directly related to the firm's ability to set different prices in different markets. Law enforcement preventing smuggling (A) and government imposition of a price ceiling (B) may impact overall market conditions but do not specifically prevent price differentiation. Government intervention forcing a firm to reduce output (C) may affect supply but does not directly restrict price differentiation. Only the possibility of arbitrage (D) limits the ability to set different prices in different markets.

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True or false: In a business setting, emails will always get read, even if they are hard to read. True false question. True False

Answers

ANSWER:

i think this is true im not sure

A business activity that changes assets, liabilities, or owner's equity is called a?

Answers

The business activity that changes assets, liabilities, or owner's equity is called a transaction. Transactions are the financial events that occur in a business and can be classified as either internal or external.

Internal transactions involve the exchange of goods or services between different departments within a company, while external transactions involve interactions with outside parties, such as customers, suppliers, or creditors.

Recording and tracking these transactions is essential for a company to maintain accurate financial records and determine its financial position and performance. Transactions are recorded in a company's accounting system using double-entry bookkeeping, which ensures that each transaction is properly recorded and balanced. This is done by using the accounting equation, which states that Assets = Liabilities + Owner's Equity.

In summary, transactions are the fundamental building blocks of a company's financial system, and accurate recording and tracking of these transactions are crucial for the financial health of a business.

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Most students don't consider that they'll end up paying far more than the original amount they borrowed on their student loans because of

Answers

Answer:interest rates

Explanation:

The longer you have to pay off the more interest adds up

carmen camry operates a consulting firm called help today, which began operations on december 1. on december 31, the company’s records show the following selected accounts and amounts for the month of december.

Answers

Cash: $4,000 - This amount represents the total cash receipts for the month, including any money collected from customers, payments received from vendors, and any other sources of cash.

Accounts Receivable: $6,000 - This amount represents money that Carmen Camry's consulting firm is owed by customers for services rendered in the month of December.

Accounts Payable: $3,000 - This amount represents money that Carmen Camry's consulting firm owes to vendors for expenses incurred in the month of December.

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1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?

Answers

Answer:

1. It shows you know how to do your job better.

Explanation:

It shows that you can respect your Client/Customer and have a better experience with you. Also it helps you to not get fired easily.

#1 You are driving down the highway when one of your tires suddenly blows out. You should

Pump your brakes rapidly, and steer your vehicle to control any skids.

Avoid using your brakes. Slow down gradually and concentrate on steering.

Press hard on your brake pedal and stop as quickly as you can.

Answers

Avoid using your brakes. Slow down gradually and concentrate on steering

It will be difficult to institute fiscal policy in a stabilizing manner because politicians will find:.

Answers

It will be difficult to institute a fiscal policy in a stabilizing manner because politicians will find that budget deficits are attractive during a recession, but they will be reluctant to run budget surpluses during an expansion.

What is a Fiscal Policy?

This refers to the use of government spending in order to influence and control economic conditions such as recession, etc.

Hence, we can see that the use of fiscal policies can be difficult to be used in a stabilizing manner because while they can be used to control recession, it is difficult to use them as budget surpluses during an expansion.

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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?

Answers

Answer:

mine is higher by 45 points

Explanation:

Average score is the total score divided by number of entries

Average credit score = 560 +  675 + 710 + 590 +640 / 5

=3175/5

=635

friends average credit score = 635

My credit score =680.

the difference = 680-635=45 credit points

my credit score is better by 45 points

It is obvious that an error occurred in the preparation and/or posting of closing entries if: Multiple Choice the Retained earnings account is debited for the amount of the net loss for the period.

Answers

There are different ways to make entry in a balance sheet. It is obvious that an error occurred in the preparation and/or posting of closing entries, if all balance sheet accounts have zero balances.

Should a balance sheet always have a zero balance?

Note that the sum of a company assets, liabilities and equity must always balance to zero.

For one to be able to have or generate a balance sheet report that is not equal zero, the balance sheet is said to be out of balance and this may create  an error in the ledger transactions.

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What did Paisley Corporation spend on capital expenditures if they paid $3.1 million in dividends when the net cash flow from operating activities was $10.4 million and the free cash flow was $2.9 million?
A. $1.5 million
B. $3.7 million
C. $6.0 million
D. $4.4 million

Answers

The capital expenditure that the Paisley Corporation spent was $4.4 million (rounded to the nearest hundred thousand). Hence, option D is correct.

.Paisley Corporation paid dividends of $3.1 million. Net cash flow from operating activities is $10.4 million, and the free cash flow is $2.9 million.Calculation of Capital Expenditure is Capital expenditure = Net cash flow from operating activities - Free cash flow + Dividends Capital expenditure = $10.4 million - $2.9 million + $3.1 millionCapital expenditure = $10.4 million - $0.2 million Capital expenditure = $10.2 million

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In 2023. ending inventory is overstated. What is the effect of the error on net income in 2023 and 2024?Net income is overstated in 2023 and 2024.Net incnrne is understatexi in 2023 and overstated in 2024.Net income is overstated in 2023 and understated in 2024,Net incorne is in 2023 and 2024.

Answers

If the ending inventory is overstated in 2023, it means that the value of the inventory is recorded as higher than its actual value. Option (B) is correct answer.

This will result in the cost of goods sold being understated and the gross profit being overstated in 2023. As a result, the net income for 2023 will be overstated.

In 2024, the overstated ending inventory will carry over from the previous year. If the error is not corrected, it will result in the cost of goods sold being overstated and the gross profit being understated. This will cause the net income for 2024 to be understated.

Therefore, the effect of the error on net income is that it is overstated in 2023 and understated in 2024. Therefore option (B) is correct answer.

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If the ending inventory is overstated in 2023, it means that the value of the inventory is recorded as higher than its actual value. Option (B) is correct answer.

This will result in the cost of goods sold being understated and the gross profit being overstated in 2023. As a result, the net income for 2023 will be overstated.

In 2024, the overstated ending inventory will carry over from the previous year. If the error is not corrected, it will result in the cost of goods sold being overstated and the gross profit being understated. This will cause the net income for 2024 to be understated.

Therefore, the effect of the error on net income is that it is overstated in 2023 and understated in 2024. Therefore option (B) is correct answer.

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which of the following is an implicit cost? i. the owner of a firm forgoing an opportunity to earn a large salary working for wall street brokerage firm ii. interest paid on the firm's debt iii. rent paid by the firm to lease office space

Answers

The rent and interest are paid, thus they are not implicit costs; the only potential cost is the pay that was forgone.

The fee paid for the right to borrow money is called interest. In contrast to how the interest rate used to compute interest is normally expressed, which is as an annual percentage rate, interest expense or revenue is frequently expressed as a dollar figure (APR). Interest is the payment a lender or financial organisation makes in exchange for extending credit. A stockholder's ownership stake in a corporation, which is typically expressed as a percentage, is another definition of interest.

Interest is the cost of borrowing money and is typically stated as a percentage, such an annual percentage rate (APR). Lenders may charge interest for the use of their money, or borrowers may charge interest for the use of those funds. Interest is frequently thought of as simple interest.

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the manager at creative minds inc. is distressed that employee absenteeism increased by 16% in the past year. how would you recommend the manager respond to this inside force?

Answers

I will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.

Today, the artificial intelligence is a modern technology which performs the function of employees more efficiently and effectively.

The artificial intelligence such as software package that perform a work process automatically does not makes mistakes and does not appear absent as place of work.

Therefore, i will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.

The option includes "a. Evaluate the HR practices to ensure they are generating the behaviors needed to accomplish strategic goals. b. Identify the frequently absent employees, and replace them with artificial intelligence c. Remind employees about how Creative Minds is genuinely connected to supporting youth art programs. d. Demonstrate how the firm is committed to simultaneously tackling global social issues and maximizing shareholder wealth."

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Answer:

Identify the frequently absent employees, and replace them with artificial intelligence.

Explanation:

What can be a benefit of using interviews to select employees to hire?
A. Insights from employees' examples
B. Accurate prediction of honesty
C. Good measurement of intelligence
D. Errors from employee bias

Answers

Answer:

B. Accurate prediction of honesty

Explanation:

Interviews are one of the most effective tools that human resource managers use to  determine if a candidate is a match or not for a specific job. Flexibility is the key word here.  That allows both the candidate and the interviewer, the possibility of understanding what are  the skills needed for a certain job and if the candidate possesses them. When someone  answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's  ideas, expectations and capabilities.  E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.

Answer:

A. Insights from employees’ examples

Explanation:

Just took the quiz.

assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 30 percent dividend payout ratio. what is the internal growth rate?

Answers

The Internal growth rate equals to 5.73%.

What is an Internal growth rate?

It refers to the highest level of growth that is achievable for a business without obtaining outside financing

To calculate the internal growth rate, we need to calculate the ROA,

ROA = NI / TA

ROA = $3,420 / $37,850

ROA = .0904, or 9.04%

The plowback ratio, b, is one minus the payout ratio, so:

b = 1 - .40

b = .60

Internal growth rate = (ROA × b) / [1 - (ROA × b)]

Internal growth rate = [.0904(.60)] / [1 - .0904(.60)]

Internal growth rate = 0.0573

Internal growth rate = 5.73%

Therefore, the Internal growth rate equals to 5.73%.

Full word " Income Statement Balance Sheet

Sales $ 14,200 Current assets $ 11,100 Debt $ 15,600

Costs 8,500 Fixed assets 26,750 Equity 22,250

Taxable income $ 5,700 Total $ 37,850 Total $ 37,850

Taxes (40%) 2,280 Net income $ 3,420 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No external financing is possible. What is the internal growth rate?"

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Name at least 2 challenges and at least 2 opportunities for managers in using Organizational Behavior (OB) concepts?

Answers

Answer: Improving Peoples’ Skills

Improving Customer Service

Explanation:

Two challenges and opportunities for managers in using Organizational Behavior (OB) concepts are;

Improving Peoples’ Skills

Improving Customer Service

Improving People's skills would be seen as seeing the people develop in various field and sector where they are performing and an avoidance of this affects the growth of the organization.

Improving the customer service improves the face of the business, once this is catered for, it gives a good reputation about the company.

If the market price is $4, this firm will a. Produce 3 units of output in the short run and exit in the long run b. Produce 4 units of output in the short run and exit in the long run c. Produce 5 units of output in the short run and face competition from new market entrants in the long run d. Shut down in the short run and exit in the long run

Answers

Answer:

a. Produce 3 units of output in the short run and exit in the long run

Explanation:

According to the question, the data provided is as follows

The market price is $4

Based on the above information, since the price on the market is 4

So we can conclude that the firm could produced the 3 units of output and after that it would be exit in the long run

Therefore the correct option is a

And all the other options are wrong

A foreign automaker that assembles its cars in the United States purchases its airbags from a Southeast Asian company. The supplier sends the goods via ship, with the Port of Los Angeles as its destination. From there, the airbags are shipped via rail to Chicago, Illinois, where they are loaded onto a truck for their final destination to the assembly plant in a small town in Indiana. The automaker uses __________ shipping to transport its goods.

Answers

The automaker uses an intermodal shipping to transport its goods such as onto a truck for their final destination to the assembly plant in a small town in Indiana.

What is an intermodal shipping?

Also known as intermodal transportation, it refers to the movement of freight by two or more modes of transportation either by loading cargo into intermodal containers or shipments to move seamlessly between trucks, trains and cargo ships.

The most common instances of an intermodal transportation is rail transport which helps to transports passengers and goods using trains or trucks.

Also, the shipping transportation is also a popular form of an intermodal transportation because of its freight deliveries.

Hence, the automaker uses an intermodal shipping to transport its goods such as onto a truck for their final destination to the assembly plant in a small town in Indiana.

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Mrs. Baynes is shopping for rulers for her classroom. She wants to spend $19.75 on rulers and they cost $0.79 each. How many rulers, (r), can she buy? NO LINK (please) For a patient receiving palliative care, which option is not commonly used to treat dyspnea?A. Oxygen administrationB. IntubationC. Opioid infusionD. Anxiolytic administration qu nmero es mayor 0.9 o 95% In what ratio is the line segment joining (- 1/3 and 4 7 divided at the point? Read each question carefully. Write your response in the space provided for each part of each question. Answers must be written out in paragraph form. Outlines, bulleted lists, or diagrams alone are not acceptable and will not be scored. Enolase is an enzyme that catalyzes one reaction in glycolysis in all organisms that carry out this process. The amino acid sequence of enolase is similar but not identical in the organisms. Researchers purified enolase from Saccharomyces cerevisiae, a single-celled eukaryotic yeast that grows best at 37C, and from Chloroflexus aurantiacus, a bacterium that grows best at the much higher temperature of 55C. The researchers compared the activity of purified enolase from the two organisms by measuring the rate of the reaction in the presence of varying concentrations of substrate and a constant amount of each enzyme at both 37C and 55C. (a) Depending on the organism, the optimal pH for enolase to catalyze its reaction is between 6.5 and 8.0. Describe how a pH below or above this range is likely to affect enolase and its catalytic ability. (b) Identify the appropriate negative control the researchers most likely used when measuring the reaction rate in the presence of each organisms enolase. (c) The researchers predict that for any particular concentration of substrate, the C. aurantiacus enolase-catalyzed reaction is more rapid at 55C than at 37C. 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