Which of the following best describes the purpose of an enterprise resource planning system?
To transform input to output efficiently and effectively.
To focus on continuously improving the efficiency of business processes but also focuses on innovation, flexibility, and the seamless integration of technology.
To facilitate and manage the flow of information across all functions not only within an enterprise, but also with its external stakeholders, including its suppliers and customers.
To encourage free trade between member states by regulating and reducing tariffs on traded goods and by providing a forum for resolving trade disputes.
