Question: What is an ERP system? What are its typical components and functions? What options do firms have to develop a new information system? How does

  1. What is an ERP system? What are its typical components and functions?
  2. What options do firms have to develop a new information system? How does "waterfall" development differ from "agile" development?
  3. What is cloud computing? Describe the different types of cloud computing systems (there are at least three). What are their advantages and disadvantages?

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