Business functions and supply chains
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This document discusses various business functions and how information systems support them. It explains that the chapter will identify business functions like accounting, customer relationship management, and enterprise resource planning. It will also discuss how information technology helps manage supply chains by supporting the flow of information between a company's internal business functions and its external partners. Finally, it defines effectiveness as the degree to which a goal is achieved, and efficiency as the relationship between resources used and benefits gained in achieving a goal.
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Business functions and supply chains
- 1. Business Functions and Supply Chains
- 2. In this Chapter, You’ll be able to:Identify various business functions and the role of Iss in these functions.
- 3. Explain how ISs in the basic business function relate to each other.
- 4. Articulate what supply chains are and how information technology supports management of supply chains.
- 5. Enumerate the purpose of customer relationship management systems.
- 6. Explain the notion of enterprise resource planning systems.Continued Growth and SpecializationEATS2GO:
- 7. A New Opportunity AppearsAdvertising needs and promotionsMoving forward
- 8. Effectiveness and EfficiencyEffectivenessDefines the degree to which a goal is achieve. Thus, a system is more or less effective depending on How much of its goal it achievesThe degree to which it achieves better outcomes than other systems do.Efficiency- Determined by the relationship between resources expended and the benefits gained in achieving a goal.
- 9. AccountingWhat is the purpose of it?Is to track every financial transaction within a company, from a few cents to multimillion dollar purchases, from salaries and benefits to the sale of every item.