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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?
Q. Evaluate the results of the experiment? Ans. Thomas Lord carried out a practical experiment to investigate Ohm's law as part of his engineering science assignment. The
Discuss the Negotiation Principles surrounding the outsourcing contracts. Negotiation - meaning - Factors that determine Negotiation - relative negotiating position, the object
how to prepare feasibility study
There is always variation in demand and supply of product. The protection against such unpredictable variations can be done by means of buffer stocks. a. Changes
QUESTION Wanda was made supervisor of the four representatives in the Consumer Credit Services Department of Winston Country Savings Bank when the previous boss was promoted.
(a) Based on the concept of ‘procedural rationality' discuss how various types of Business Intelligence techniques may improve specific aspects of the organisational decision makin
Take examples of some common service-oriented industries. For example, consider a commercial airline company and a company in the hotel business. For both these companies: De
QUESTION Modern psychology approaches the analysis of behaviour in several ways. One focuses upon an analysis of the fundamental processes of perception, cognition, movement, l
state the reasons why you choose marketing as a profession
Total Marks – 15 ( 1-2 pages answers) Large department stores are several storeys high and carry a wide range of products. In many of the departments, there are significant quanti
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