Question: 1. Acme Co. wants to acquire a software solution that links its information systems to the companies that provide it with the raw components it

1. Acme Co. wants to acquire a software solution that links its information systems to the companies that provide it with the raw components it uses to manufacture its products. What type of software solution should it consider acquiring?

Customer Relationship Management (CRM)
Supply Chain Management (SCM)
Product Lifecycle Management (PLM)
Transaction Processing System (TPS)

2. Acme Co. is considering acquiring a software package that incorporates all modules needed to run the internal operations of a business. This type of software package would include modules that support manufacturing, accounting, human resources, and sales processes. What type of software package does this describe?

Customer Relationship Management (CRM)
Supply Chain Management (SCM)
Product Lifecycle Management (PLM)
Enterprise Resource Planning (ERP)

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