Question: 1. Define an enterprise system and explain how enterprise software works. 2. Describe how enterprise systems provide value for a business. 3. Define a supply

1. Define an enterprise system and explain how enterprise software works.

2. Describe how enterprise systems provide value for a business.

3. Define a supply chain and identify each of its components.

4. Explain how supply chain management systems help reduce the bullwhip effect and how they provide value for a business.

5. Define customer relationship management and explain why customer relationships are so important today.

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