What is the SaaS model and how is it impacting ERP systems?

What will be an ideal response?

The Software as a Service model is a way that expensive software like ERP software can be leased or rented from a software vendor. For a specific monthly fee, this vendor will maintain, operate, and support the software for the client. It is a way of delivering ERP applications over the Internet in a way that allows users to access them with an Internet browser. This makes it easier for users to access and learn since they are probably already quite familiar with Internet browsers. It also means that it can be accessed from many different devices. Because SaaS vendors can sell standardized applications to a global market, the economies of scale may drive down the cost too.

Business

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Which of the following statements is true about code law?

A) In code-law countries, intellectual property rights are established by prior use. B) It is established based on the rulings from previous cases. C) It uses written norms, which are complemented by court decisions. D) In code-law countries, companies are granted the ability to operate by public authority.

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According to the right of first refusal, a selling shareholder must offer to sell his or her shares to the other parties to the agreement before selling them to anyone else

Indicate whether the statement is true or false

Business