Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 9, Problem 3DQ
Program Plan Intro

Enterprise system:

  • Enterprise system is a central system to the organizations.
  • It guarantees that information can be shared through all business functions and through all levels of management to maintain the running and managing of a business.
  • An enterprise system is important to individuals and all size organizations.

Enterprise resource planning system (ERP):

An ERP is an integrated programs that manages a business operation for a complete organizations.

Small and medium-sized enterprises (SMEs):

SME is an enterprises which having less than 500 employees. It is a legally independent enterprise.

  • For SMEs, it is easy to install integrated transaction processing systems in low cost.

Explanation of Solution

Changes to make ERP software more attractive for SMEs:

  • ERP software sellers created new ERP solutions in very lower start-up budgets and faster, easier executions.
  • Some ERP sellers hosted cloud-based solutions which further reduced the start-up budgets...

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Add a new class Checking Account that inherits from the BankAccount class, and has a double instance variable overdraftLimit in addition to the variables inherited from the superclass. Create a constructor for the Checking Account class that takes in the account number, account holder name, initial balance, account type and overdraft limit as input, and uses the super keyword to call the constructor of the superclass, passing in the account number, account holder name and initial balance, account type. Re-write the withdraw() method in the CheckingAccount class so that it first checks if the withdrawal amount is less than the current balance plus the overdraft limit. If it is, the withdrawal is allowed and the balance is updated. If not, the method should return an error message "Insufficient funds". Create a new method displayOverdraft Limit() that returns the overdraft limit of the Checking Account. In the BankAccountTest class, create a new object of type Checking Account with…
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