When Mel's mattress company struggles financially, Mel decides to sell his accounts receivable to a finance company, known as a factor, pays him $60,000 for receivables with a total face value of $100,000.
Briefing:-in this instance, does the factor earn a profit The factor profits if it can collect more than what it paid for the accounts.
Whenever Mel's Mattress Company faces financial difficulties?Mel decides to sell his accounts receivable to a finance company known as a factor when Mel's Mattress Company experiences financial difficulties. The factor offers him $60,000 for receivables with a total face value of $100,000.
Which of the following statements most accurately sums up how the financial institution will earn from these accounts receivable?If the factor is able to recoup the cost of the accounts, it makes a profit.
Which of the following is money that credit customers owe a company?The funds or credits that your clients and customers owe to your business are included in your accounts receivable. Given that you are making money rather than losing it, it is seen as an asset rather than a burden.
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Zara, an intern, is creating a wiki for the veterinary clinic where she works. Which two choices best describe the purposes of the wiki?.
Option A and E is correct, we first need to clarify what a wiki Zara is in order to be able to respond to the question.
A wiki Zara is a website that many people have contributed content to jointly. It is a user-created, user-edited collaborative content management system (CMS) for gathering and organising media. Wikipedia is a well-known illustration.
We can infer from the definition that the wiki Zara is building in the aforementioned case will be utilised by the professionals at the veterinary clinic. They will be able to add articles on the wiki page and arrange media.
Thus, the following would be the two best choices:
B. To inform vets about cutting-edge surgical methods. This is because the experts would update the procedures on the wiki website.
E. to allow clinic veterinarians to collaborate on reports
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Zara, an intern, is creating a wiki for the veterinary clinic where she works. Which two choices best describe the purposes of the wiki?
A. to invite pet owners to events at the clinic
B. to educate veterinarians about the latest surgical techniques
C. to make work process documentation available to the staff
D. to provide information to clients about the clinic’s operating hours
E. to allow clinic veterinarians to collaborate on reports
What is used for printing newspaper?
The paper's bright, white appearance is mostly a result of the chemicals employed in newspaper printing. Newspapers would be boring and unattractive without these substances.
Fillers like clay and titanium dioxide are among the chemicals used in newsprint to give the paper its resilience and white hue. China clay and other chemicals are included to enhance the paper's smoothness.
Ink is made from pigments, resins, waxes, and additives as well as other substances. For the ink's color, they add pigments like carbon black. To increase the ink's adherence to the paper, additional chemicals, including resins, are applied.
Pigments, resins, solvents, and drying agents are the key compounds used in newsprint inks.
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Scalping and other black market activities arise when A. the quantities of goods demanded and supplied are allowed to adjust to their equilibrium levels. B. the prices of goods are restricted to levels below equilibrium prices. C. the prices of goods are restricted to levels above equilibrium prices. D. the prices of goods are allowed to adjust to their equilibrium levels. According to the law of? demand, other things being? equal, A. when the price a good goes? up, then people buy less of that good. B. when the price a good goes? up, then people buy more of that good. C. when? people's income goes? up, then they buy more of a good. D. when? people's income goes? up, then they buy less of a good.
When the pricing of items are constrained to ranges below equilibrium values, scalping and other illegal market practices develop.
Scalping is the practice of those who frequently buy and sell securities with the aim of making steady profits from little price changes of the traded security. A scalper frequently tries to profit from both the bid-ask spread and swift price changes. They can automate their trading techniques using trading software or by manually trading.
Scalping is now more challenging due to high-frequency trading (HFT). Programs are able to scan thousands of securities simultaneously and profit from bid-ask spreads in milliseconds. Black box algorithms that monitor Level 2 data also examine price and liquidity data to execute short-term transactions.
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User Consent is a must whenever we collect or process personal data?
O True O False
The given statement is true, that User Consent is a must whenever we collect or process personal data. Thus, option A is correct.
What is the personal data?Personal data, also known as sensitive data or personal info, is any information that can be linked to a specific individual.
Consent is relevant in the personal data, when there is no other legal ground for lawful processing of people's personal data, you can provide them with more control and option over how they process their private information than the GDPR does, and a person want to build trust.
Therefore, option A is correct.
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Do inelastic goods ever go on sale?
The third type of inelastic demand is the one that comes to mind first: items or services that are absolutely indispensable. Electricity and gasoline for your car are two good examples. Although prices fluctuate, these two things are never "on sale."
What occurs if a product is inelastic?In cases when the supply of an item or service is fixed but the price varies, economic terminology like "inelastic" are used to characterize the situation. This is what is meant when something is said to have inelastic demand: customers' purchase behaviors essentially stay the same as prices increase and decrease.
Is selling elastic or inelastic items preferable?Consequently, businesses that offer inelastic goods or services can raise their pricing, selling a little less but generating more income. As a result, companies that deal in price-inelastic items are better positioned to maximize profits and to withstand economic downturns.
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if the government decides to offer a subsidy to the solar industry to help people buy solar panels, that would be an example of . on the other hand, if the federal reserve took steps to expand the amount of credit available in the economy, that would be an example of .
If the government decides to offer a subsidy to the solar industry to help people buy solar panels, that would be an example of Fiscal policy.
on the other hand, if the federal reserve took steps to expand the amount of credit available in the economy, that would be an example of monetary policy
What does the term fiscal policy mean?
The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty. Three different types of fiscal policy exist. These three types of policy are neutral, expansionary, and contractionary.
What is monetary policy?
The central bank's macroeconomic policy is known as monetary policy. It is a demand-side economic strategy used by a nation's government to achieve macroeconomic goals like inflation, consumption, growth, and liquidity. It involves managing the money supply and interest rate.
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If the government decides to offer a subsidy to the solar industry to help people buy solar panels, that would be an example of Fiscal policy.
on the other hand, if the federal reserve took steps to expand the amount of credit available in the economy, that would be an example of monetary policy.
What is meant by the phrase fiscal policy?Fiscal policy is the term used to describe how the government uses taxation and spending to influence the economy. Governments frequently use fiscal policy to promote strong, long-term growth and to reduce poverty. There are three forms of fiscal policy. They are neutral, expansionary, and contractionary, respectively.
Describe monetary policy.Monetary policy refers to the macroeconomic strategy of the central bank. The government of a country use this demand-side economic strategy to hit macroeconomic targets including inflation, consumption, growth, and liquidity. It entails controlling the interest rate and money supply.
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A store owner buys sweatshirts for $16 and marks them up 20% to make a profit. The sales tax where his store is located is 7. 5%. A customer considers buying one or two sweatshirts from the store. Select all the statements that apply.
In the given case- One sweatshirt before tax costs $19.20.
Cost of sweatshirts for a store owner = $16
Profit percent = 20%
Sales tax = 7.5%
Now,
Profit price for a sweatshirts = 20% of $16
= 20/100 × 16
= 320 / 100
= $3.20
And, The sales tax price = 7.5% of 16
= 7.5 / 100 × 16
= 120 / 100
= $1.20
So, The cost of one sweatshirt before tax costs = $16 + $3.20
= $19.20
And, Sales tax for one sweatshirt = $1.20
So, Cost of sales tax for two sweatshirt = 2 × 1.20
= $2.40
And, Total cost of a sweatshirt = $16 + $3.20 + $1.20
= $20.4
So, Total cost of two sweatshirt = 2 × $20.4
= $40.8
One sweatshirt before tax costs $19.20.
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What are the 3 main principles of finance?
three financial principles are 1. A crucial financial concept to comprehend is cash flow, which is the general word for the net balance of money coming into and out of an organization at a particular moment in time. Value of money through time. 3. Return and Risk.
Just what is cash flow?The net movement of cash into and out of a business at a particular point in time is referred to as cash flow. A business's flow of cash is continuous. For instance, when a retailer makes an inventory buy, cash leaves the company and goes to the suppliers. Payroll, the price of items sold, rent, and utility bills are a few examples of these cash outflows. When corporate operations are heavily seasonal, cash outflows might differ significantly.
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What is intelligent apps example?
Intelligent apps provide individualized and adaptive user experiences by making predictions and suggestions based on previous and current data from user interactions and other sources.
What are analytics and intelligent apps?
As a smart app is used, it expands the knowledge it has and employs predictive analytics to respond swiftly to new information.
Large volumes of data are processed by intelligent apps using built-in machine learning algorithms to continuously enhance performance.
Why is an app considered intelligent?
In simple terms, Intelligent apps are powered by AI and ML, providing a rich, adaptable, and personalized user experience. The iApps can provide a strong user experience with the help of AI.
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How does an mis automated inventory system help management create accurate sales forecasts? a. It instantly updates inventory levels. B. It tracks depreciation costs on machinery. C. It tracks variable expenses. D. It indicates wastage of resources. E. It tracks accounting costs.
a. A mis-automated inventory system help management create accurate sales forecasts It instantly updates inventory levels.
Data management and collecting are the main responsibilities of management information systems. Managers and decision-makers have easy access to daily information that has been compiled and analysed. The system may consider several circumstances in order to make business decisions that are foolproof.
Retailers and wholesalers can manage their inventory in real-time using an automated system. The systems streamline processes and free up time. You may free up your time to focus on other important activities by designing your retail automation with pre-built conditions, knowing that inventory is being taken care of.
Based on the components that drive sales and how these factors interact (over time) as business decisions are implemented, the system is also able to generate accurate estimates of sales.
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Question 18 of 24. Some dellverles require a signature and cannot be left unattended. True False Question 19 of 24. Which Personal Protective Equipment (PPE) and essential paperwork must be worn/carried at all times (select all that apply)? O Gloves
O Safety visibility vest O Driver's license O Medical certificate (for DOT drivers) Question 20 of 24. Customer instructions are key to a perfect delivery. True False Question 21 of 24. To plan ahead using REPS & 10, what is the minimum space cushion needed to maintain following distance traveling at 30 MPH (for an Armada van)? O 5-second space cushion O 5-second space cushion O 7-second space cushion
O You don't need a space cushion
A closed-toe shoe, a safety vest, and a driver's licence are required PPEs that must be worn or carried at all times.
Personal protective equipment, sometimes known as PPEs, refers to the protective clothing used to shield users from toxic substances or infectious diseases. Medical professionals and others working with dangerous chemicals must wear these kits.
Any suit, medical gown, pair of gloves, or other covering that protects against harmful diseases or chemicals is included in PPE kits.
It is vital and safe for the person to wear closed-toe footwear, a safety visibility vest, and also carry a driver's licence for any identification purposes when dealing with any dangerous chemical or disease. Therefore, the first, second, and third choices are the ones that are right.
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What is another term for sprint?
Hasten is another name for sprint. Hurry up and lash out. Run for it. Make it succinct. Sprint is to run or go at high speed, especially over a short distance.
A sprint is a short distance running race. There are three sprint distances in a track and field competition: 100m, 200m, and 400m. The stadion race, the first Olympic event, was a sprint of about 180m. As a result, the Scrum Team determines the Sprint Goal. Product Owner, Development Team, and Scrum Master all collaborate. It should be noted that the Product Owner is in charge of optimizing the value of the product and managing the Product Backlog. my crew went on what we dubbed "sprints". We named them such because the term invoked a sense of ferocity. We were going to work out for a little while and then see where we were.
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missy is living in an apartment complex. the apartment that she is currently renting just had its furnace break due to a mechanical error (it was 20 years old). by rule, who is responsible for fixing this issue?
Adjuster Andy is attempting to calculate the total settlement sum for Missy's claim.
Paid employee who solely works for one insurance company. During the claim procedure, who is in charge of keeping the claim file up to date?Adjuster Andy is attempting to calculate the total settlement sum for Missy claim.The insurer is required by the Affordable Care Act to explain to you in plain language why they rejected your insurance claim.Any additional properties the government organization purchases and any new employees are automatically covered by the government's crime policy.The value of money is established at face value, the value of securities is set at the value on the day the loss is detected, and the value of other property is determined at the lower of the repair or replacement cost.To learn more about Insurance claim refer to:
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Mr. And mrs. Khan paid interest on their mortgage this year. They also had deductible home-related expenses. The interest and expenses total an amount greater than the standard deduction. Which action can they take to reduce their income tax liability?.
Income tax is a type of tax that governments impose on the income earned by people and enterprises under their control.
Taxpayers are required by law to submit an income tax return each year in order to determine their tax obligations. See whether the following is true: A) Mr. and Mrs. Khan can utilize the interest expenditure as a credit to lower the tax they owe because interest expenses are not deductible B) They can itemize deductions and write off the interest charge.
Itemize deductions will lower the amount of income tax due.
C) They can ask the IRS to repay them for their interest costs.
-Reimbursement is a form of discount; it is not included in reduction; it is a part of cashback.
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Which policy covers an organization against losses which might arise as a result of debtors failure to pay their debts
Answer:
A credit insurance policy covers an organization against losses that might arise as a result of debtors failing to pay their debts. Credit insurance is designed to protect a business against the risk of nonpayment by its customers or clients. It can cover a wide range of risks, including commercial and political risks, and can be customized to meet the specific needs of an organization. Credit insurance can be an important tool for businesses that rely on credit to fund their operations or that have a large number of customer accounts. It can help to mitigate the financial impact of unpaid debts and reduce the risk of financial losses for the business.
Analytically examine thi tatement ""Management tart from Planning and end up with controlling|""
Controlling identifies all kinds of deviations, which are subsequently corrected as necessary. In doing so, it reduces the discrepancy between expected and actual performance, making it simpler to meet corporate goals. Planning establishes the company's operating tenets and regulations.
How do planning and controlling relate to one another?Even though they are two different management functions, planning and controlling are tightly intertwined. if they both overlap, the extent of the actions.
Why is it crucial to plan and to control?The efficient operation of an organization depends on planning and controlling, hence they are both essential components of an organization. Together, regulating and planning strengthen one another.
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in order to get the ipad ordered at retailers like best buy, apple drove up demand through advanced advertising to consumers. apple knew that consumer demand influences which products the tech retailers would carry. this was an example of
The strategy applied by Apple is an example of a pull strategy.
Pull strategy refers to the strategy of luring the customer to you. Pull strategy is the use of pull strategies, or the communication of information, to attract the customer rather than pushing your business on them.
Using advertising, a pull promotional method increases consumer demand for a good or service. One pull approach is the promotion of kids' toys on kid-friendly television programs.
Using a pull technique necessitates extensive market understanding. By "pushing" or enhancing its other product lines, like the Mac, Apple is currently utilizing a push marketing technique.
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What do you text when a customer is running late for delivery?
If your customer is running late for delivery, one should be sure to apologize first for late delivery.
There are a few things you can do to improve the effectiveness of your apology if you find yourself in the unfortunate position of having to apologize for a delayed delivery. First, be sure to express your sincere regret for the delay and provide a justification.
Next, present a reward or discount for future purchases. Finally, solicit consumer feedback so that you can tweak your delivery procedure moving forward.
Ending your message with a sincere thank you is usually a good idea! To ensure that the customer stays your customer, you can also provide him a discount or an incentive.
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What are the three types of artificial?
They are as follows: Artificially Limited Intelligence ,General artificial intelligence. Superintelligence created artificially.
What is a brief definition of artificial intelligence?
In order to simulate how the human mind makes decisions and solves problems, artificial intelligence uses computers and other devices.
What does artificial look like?
Created by people (as opposed to natural) and made with human talent synthetic flowers impersonation; simulation fake vanilla flavoring is a ruse.
Lacking spontaneity or naturalness; manufactured; feigned: an artificial smile. Affected, stilted, and full of affectation: artificial speech; artificial manners.
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What is a closed economy system?
A closed economy is a system that involves less to zero foreign economic transactions to take place in the trade and business activities.
The system of a closed economy has become a less followed system of economy, largely after the countries have come in close contact with each other for being dependent on each other. Since there is a large amount of restriction on foreign trade in these economies, the potential of income growth and overall development is also restricted to domestic peripherals of the economy.
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Human Resource Management is a multi-faceted process that includes:
O safety, labor relations, and marketing,
O compensation, health benefits, and accounting.
O staffing, compensation, and training.
O Marketing, ethical compliance, and legal compliance.
Human Resource Management is a multi-faceted process that includes staffing, compensation, and training. The correct option is c.
What is human resource management?Human resource management which is also called HRM can be understood as the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR). A company or organization's HR department is usually responsible for creating, putting into effect and overseeing policies governing workers and the relationship of the organization with its employees.
The term human resources were first used in the early 1900s, and then more widely in the 1960s.
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Discuss/Answer the following:
a. Why is increased coordination needed to manage supply chains?
b. Give three examples from part a.
c. How can coordination be increased both internally within the firm and externally with customers and suppliers?
a) Note that increased coordination is required to manage supply chains because due to globalization, supply chains are becoming increasingly complect and competitive, hence there is a need to reduce cost and keep customers happy.
b) Examples of activities that can help to achieve the above scenarios are:
Inventory ManagementIncreased Transparency; andLead-time reduction.c) While Internal coordination may be improved by utilizing technology, External coordination may be improved by developing partnerships.
What is a supply chain?a) Supply chain management can focus on standardizing operations, aligning multiple divisions, and employing technology to enhance communication and cooperation inside a company to improve coordination. These information systems can be used to set explicit agreements and expectations, and maintain frequent contact and meetings to improve coordination between consumers and suppliers.
b) The activities listed above are touch points in supply chain management that enable effective supply chain operations. When for instance the company no longer ties money down due to excessive inventory, an aspect of the supply chain is said to have improved.
c) Aligning disparate departments or roles, standardizing procedures, and utilizing technology to promote communication and cooperation all help to trigger increased coordination between internal customers and external ones such as customers, suppliers, and even service providers.
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When can the buyer reject the goods delivered?
The buyer can reject the delivered goods if the goods do not meet the specifications of the agreed contract, are damaged or defective. In the event of damaged or defective goods, the buyer may reject all or part of the delivery and may do so at any time until the seller has rectified the defect or damage.
The buyer must provide written notice of rejection of the goods and should include details of the reasons for rejection. The buyer must also take reasonable steps to preserve the goods. The buyer will be entitled to a refund for the rejected goods, or to the repair or replacement of the goods, if the seller agrees. The buyer should always read the terms of the contract before rejecting the goods to ensure that their rights are protected.
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What is called automation?
Automation refers to technological applications in which human involvement is minimal. This encompasses BPA, IT automation, personal applications such as home automation, and other technologies.
Automation entails the use of different equipment and control systems, such as machinery, factory operations, boilers, and heat-treating ovens, switching on telephone networks, steering and stabilisation of ships, aeroplanes, and other applications and vehicles with little human interaction.
This section defines the various forms of automation and provides examples of automated systems used in manufacturing. There are three forms of production automation: fixed automation, programmable automation, and flexible automation.
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As ownership of the corporation is diffused, shareholders' ability to monitor managerial decisions:
a. increases.
b. decreases.
c. remains constant.
d. is eliminated.
As ownership of the corporation is diffused, shareholders' ability to monitor managerial decisions decreases.
A company is an organization that usually includes a group of individuals or businesses that have been authorized by the state to operate as a single entity and recognized by law for certain purposes. The first companies were established with a charter.
Most governments now allow the registration of new companies. While there are different types of companies, they are generally classified according to the laws of the country in which they are incorporated based on their ability to issue shares or the purpose for which they are incorporated.
Hence the correct option is B
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what disadvantage will result from increased international trade, according to critics of globalization? a. prices of goods and services will decline. b. multinational corporations will increasingly shape the policies of governments. c. people will gain exposure to different cultures. d. more consumer goods will be produced.
According to critics of globalization, the downside is due to increased international trade, and multinational corporations will increasingly shape government policy.
What does globalization mean?Globalization has been criticized for benefiting those already largely and in power at the expense of the indigenous peoples of endangered countries. Moreover, globalization is undemocratic because it is implemented top-down. There are four main aspects to globalization: Economy, Politics, Culture, Ecology.
What do globalization critics say?In the context of the environment, critics of globalization argue that: Compliance with labor and environmental regulations significantly increases costs for manufacturing companies.
What are main criticisms of globalization?Another criticism of globalization is that it empowers multinational corporations at the expense of governments and citizens. This reduces national sovereignty and prevents citizens from holding their leaders accountable for the situation in their country.
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How open market operations work?
To raise or lower interest rates, the Federal Reserve uses open market operations to buy or sell securities.
What is an open market operations?The purchase and sale of government securities in the open market is known as an Open Market Operation (OMO), hence the name. It is carried out by the central bank of a country (the RBI in India). To inject liquidity into the monetary system, the central bank will purchase government securities on the open market.OMOs are managed by the Trading Desk at the Federal Reserve Bank of New York. The Federal Reserve can only buy and sell a certain number of securities. OMOs are authorized under Section 14 of the Federal Reserve Act.Under inflation targeting, open market operations in the debt markets target a specific short-term interest rate.To learn more about open market refer to :
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What is the main purpose of sustainability?
In order to achieve sustainability, present generations' demands must be met without sacrificing those of future ones, and there must be a balance between social progress, environmental protection, and economic development.
In order to be sustainable, our aims must be attained without compromising the potential of future generations to do the same. Along with natural resources, we also need economic and social resources. Sustainability has many facets, environmentalism being only one.
The tenets of sustainability serve as the pillars of this concept. Three pillars the economy, society, and environment support sustainability. These concepts are also used informally to help people, the environment, and money.
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which of these correctly compares a conservative economic policy with a liberal economic policy? conservatives liberals (a) tax the rich at a higher rate than others tax large families at a lower rate than others (b) avoid recession by regulating the prices of goods avoid recession by regulating financial markets (c) reduce the national debt with international banking controls reduce the national debt with revenue-producing job creation (d) decrease income inequality through higher commercial profits decrease income inequality through higher taxes
The statement that correctly compares a conservative economic policy with a liberal economic policy is reducing of the national debt with international banking controls. The Option C is correct.
What is conservative economic policy?As its fall under fiscal conservatism, the economic philosophy have an ideological basis in capitalism, individualism, limited government, and laissez-faire economics. Its advocate for tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt.
What is liberal economic policy?Also known as economic liberalism, its refer to an economic system organized on individual lines which means that the greatest possible number of economic decisions are made by individuals or households rather than by collective institutions or organizations.
Its opposes all government intervention in the economy when it leads to inefficient outcomes. This ideology support strong state that protects the right to property and enforces contracts and also support government interventions to resolve market failures.
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1. CRM systems incorporate solicitation, sales, relationship management, and customer support applications. The term open source means that the source code of the program is not available to the public. 2. 3. Process effectiveness is the ratio of outputs to inputs. Employees might steal data, but Predictive tools help identify employees who 4. may steal data 5. The cache and main memory are nonvolatile, meaning their contents survive when power is off. 6. In order to keep track and organize your data, if you have single theme use a database while multiple themes use a spreadsheet. ERP systems do not have the ability to integrate various other systems and functions with them. 7. The cloud is elastic leasing of pooled computer resources over the internet. 8. 9. Attributes in a data model have Entities that describe the characteristics of the attribute. Order tracking and account tracking are business processes concerning the 10. operations department. 11. The primary purpose of an ERP system is integration A DBMS and database are synonymous terms that can be used 12. interchangeably. . Two companies can have the same domain name, but the IP addresses should be different. 2
CRM systems incorporate solicitation, sales, relationship management, and customer support applications. The statement is true.
According to the following statements are: 2. False. 3. False. 4. False. 5. False. 6. True. 7. False. 8. True. 9. True. 10. False. 11. False. 12. False. 13. False.
What do You mean by the ERP system?You can accurately predict the amount of stock you'll need at what time for each project thanks to an ERP system.
In order to improve productivity throughout the entire manufacturing process, ERP software also enables you to automate a number of your activities.
ERP systems are primarily for-profit software programmes that make it easier to gather and integrate data pertaining to multiple organizational departments.
Therefore, the following statement are:
CRM systems incorporate solicitation, sales, relationship management, and customer support applications. The statement is true.The term open source means that the source code of the program is not available to the public. The statement is False.Process effectiveness is the ratio of outputs to inputs. The statement is False.Employees might steal data, but Predictive tools help identify employees who may steal data. The statement is False.The cache and main memory are nonvolatile, meaning their contents survive when power is off. The statement is False.In order to keep track and organize your data, if you have single theme use a database while multiple themes use a spreadsheet. The statement is true.ERP systems do not have the ability to integrate various other systems and functions with them. The statement is False.The cloud is elastic leasing of pooled computer resources over the internet. The statement is true.Attributes in a data model have Entities that describe the characteristics of the attribute. The statement is true.Order tracking and account tracking are business processes concerning the operations department. The statement is False.The primary purpose of an ERP system is integration. The statement is False.A DBMS and database are synonymous terms that can be used interchangeably. The statement is False.Two companies can have the same domain name, but the IP addresses should be different. The statement is False.To know more about the ERP system, visit:
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