Final answer:
The correct answer is 'enterprise resource planning system,' which is a software platform that integrates various business functions to improve efficiency and data analysis.
Step-by-step explanation:
The correct answer is option c. enterprise resource planning system. An Enterprise Resource Planning (ERP) system is a unified software platform used by organizations to manage and integrate the important parts of their businesses. An ERP system can streamline processes by bringing together business functions such as finance, human resources, manufacturing, supply chain, services, procurement, and others, allowing for better communication and productivity across the organization. The main advantages of an ERP system include improved enterprise efficiency, better financial planning, and enhanced data analytics for decision-making.
An enterprise resource planning (ERP) system is a software application that integrates various functions and departments within an organization into one unified system. It can replace many applications with a set of programs that manage all the vital business operations.
For example, an ERP system can handle functions such as inventory management, sales, purchasing, finance, human resources, and customer relationship management. By providing a centralized database and a common interface, an ERP system helps businesses streamline their processes, improve efficiency, and make more informed decisions.