Identify at least four benefits and four challenges of enterprise systems
What will be an ideal response?
Benefits include: increasing operational efficiency; providing firmwide information to help decision making; standardized business processes; greater responsiveness to customer needs; greater accuracy in fulfilling product demand; reduction of inventory and inventory costs; reduction in order-to-delivery time; improving business processes; removing redundant processes and systems; lowering costs through centralized processing; and improved decision making. Challenges include: the expense of the software and related costs; the time required for implementation; deep-seated technological changes required, the deep-seated organizational changes required; overcoming organizational resistance; switching costs; data cleansing work required.
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The types of messages sent in downward communication might include
A. a focus group's feedback to management. B. an update on the current status from a foreign branch. C. employee expression of grievances. D. an employee's idea for improving a business process. E. instructions about an employee's job.
Which of the following is defined as the process of delivering products and services to customers?
A) logistics B) channel management C) distribution D) supply chain management E) transportation management
What is an argument by analogy and how does it differ from an argument by example
What will be an ideal response?
_______ from alliance partners can help build capabilities within the alliance and be transferred to other parts of the organization.
a. Learning b. Copying c. Buying d. a and b