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QUESTION 1
Enterprise Resource Planning (ERP) programs are software used by companies to manage information in every area of the business. ERP programs help manage company-wide business processes using a common database and shared management reporting tools. ERP software supports the efficient operation of business processes by integrating activities throughout a business
(a) Distinguish between a business function and a business process. Provide an example to illustrate your point
(b) Why do managers today try to think in terms of business processes rather than business functions?
(c) Most companies have four main functional areas-
Each main functional area consists of a number of narrower business functions specific to the functional area
(i.) Assume you are the marketing manager of a new upcoming firm that sells Chocolate bars. What data do you require from both Accounting and Finance and Supply Chain Management to do your job properly?
(ii.) Assume you are the chief financial officer of the company that sells the Chocolate bars. You need detailed records to report your financial status to the government. What functional areas provide that information that would help you complete your report?
(iii.) Assume you are the Human Resource Manager of the company that sells the Chocolate bars. Your job is vital because your employees are the main asset to your firm. What information do you need from each functional area to ensure proper staffing of the production line?
evaluation of strategic business management
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How is the break-even point computed? The BEP (Breakeven point) can be computed by using the given relation as follows: BEP = F/(1 – V/P)
QUESTION If you were to write a letter of resignation, which of the following introductory paragraphs would be the most suitable. A ) I have accepted another post. I am s
Describe stress management programs: Q. The Director of Nursing at Smalltown General Hospital claims that several nurses are experiencing job burnout. Describe the three compo
Hyper-competitive strategies admit the bases of competitive benefit may not be sustainable and that disruption of the status quo may be significant.
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identify and explain the major problems in the case
How to make a business plan for fmcg products and what are the key points!
Imagine that you are a project manager deciding whether to undertake a new project for your company. Develop a Force Field Analysis to decide whether your project is viable or not.
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