A system that comprises a single database that collects data and feeds it into software applications supporting all of a company's business activities is known as a(n)
A)economic order quantity (EOQ)system.
B)enterprise requirements planning (ERP)system.
C)just-in-time (JIT)system.
D)material requirements planning (MRP)system.
E)total quality management (TQM).

Question

Quizplus · Accepted Answer

An enterprise requirements planning (ERP) system is a single database system that collects data and feeds it into software applications supporting all of a company's business activities. It integrates all areas of a business, including finance, human resources, manufacturing, and supply chain, to allow for efficient and effective decision making. The other options, such as economic order quantity (EOQ), just-in-time (JIT), material requirements planning (MRP), and total quality management (TQM), all focus on specific areas of business operations and do not provide the comprehensive integration and data collection that an ERP system does.

A System That Comprises a Single Database That Collects Data