1. Major Business Functions and the information systems that serve them (pg 45 51) a. receipts gross revenue and Marketing i. Order processing enters, processes, and tracks client orders ii. Pricing analytic thinking establishes impairments of products and services iii. Sales snub forecasting prepares five year sales forecasts b. Manufacturing and take i. gondola control controls the actions and equipment ii. Production plan chooses when and how m each another(prenominal) products should be make iii. Facilities location chooses where to place unfermented production facilities c. Finance and write up i. Accounts receivable tracks money owed to the company ii. Budgeting Prepares short-term budgets iii. Profit preparedness Plans long-term profits d. Human resourcefulnesss i. Training and development tracks employees training, abilities, and performance i i. Compensation analysis examines the range and distribution of employee wages, salaries, and benefits iii. Human resource planning plans the long-term labor force the company pull up stakes need 2. Michael Porters negative outlook on the internets attain on businesses (pg 103 -104)... e.
Caused competitive aspiration has become much more(prenominal) extreme because of the ease of any company to use technology. f. Allows new alternates to emerge with new approaches to get together need and performing functions. This in addition adds to the competition amongst companies. g. Creates co mpetition in pricing handiness of global p! rice and production information. h. Widens the geographic market potential, escalating the takings of competitors, and dropping dissimilarities among competitors - makes it more difficult to sustain operational advantages. This in turn likewise puts pressure to compete on price. i. Gives customers talk terms office by finding the lowest costing supplier of the goods or services very quickly. (Also raises suppliers...If you want to get a encompassing essay, order it on our website: BestEssayCheap.com
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