How can an AIS become part of the firm's value chain and add value to the...

Question

Question

How can an AIS become part of the firm's value chain and add value to the business?

business accounting

Answer 1

Answer #1

Answer:

AIS can turn into the piece of the association's esteem chain through:

1.Inbound logistics: getting and putting away materials.

2.Operations: producing and repackaging.

3.Outbound logistics: circulation shipping.

4.Marketing and deals: promoting moving.

5.Services: fix support.

AIS can increase the value of the business through:

1. Enhancing the quality and lessening the expenses of items or administrations.

2. Enhancing effectiveness.

3. Sharing information and aptitude can enhance activities and give an upper hand.

4. Enhancing the proficiency and viability of its store network.

5. Enhancing the inward control structure.

6. Enhancing basic leadership.

Answer 2

Similar Homework Help Questions

How can an AIS add value to an organization (e.g., decisions, strategy, and goals)? Understand the...

How can an AIS add value to an organization (e.g., decisions, strategy, and goals)? Understand the data processing cycle (i.e., input, process, storage, and output) and the corresponding attributes (e.g., source documents, coding schemes, queries and reports). How do these concepts relate to accounting and accounting concepts or elements? What is an enterprise resource planning system? Where are inputs obtained? What are examples of inputs?
From the value chain perspective, all business processes should contribute value to the whole supply chain....

From the value chain perspective, all business processes should contribute value to the whole supply chain. So, for the purchasing process, where do you think is the greatest opportunity to add value to a company? Why? Does this change from one company to another one? Please use example to show the comparison. With the development of Internet technology, e-procurement becomes more and more popular. E-procurement is fast and accurate (assuming data are entered correctly). From the traditional paper-based procurement to...
How a cost manager may add value to an organization? How do you perceive a value...

How a cost manager may add value to an organization? How do you perceive a value chain in its relation to cost management

In middle adulthood we can often become become part of the sandwich generation. Discuss what the...

In middle adulthood we can often become become part of the sandwich generation. Discuss what the sandwich generate is and how culture can play a role.
Part A: Discuss the role which Michael Porter’s Five Forces Model and Value Chain Analysis can...

Part A: Discuss the role which Michael Porter’s Five Forces Model and Value Chain Analysis can play when developing an Information Systems Strategy. Part B: Critically review the properties of a Strategic Information System (SIS), and discuss how a SIS might remain strategic. Give examples where appropriate.
how can groundwater become contaminated? how can it become "cleaned up"

how can groundwater become contaminated? how can it become "cleaned up"

Explain how the reducing equivalents of cytosolic NADH can become oxidized by the mitochondrial electron transfer...

Explain how the reducing equivalents of cytosolic NADH can become oxidized by the mitochondrial electron transfer chain, when NADH cannot cross the inner mitochondrial membrane.
4. Compare and contrast cost drivers and uniqueness drivers in a company's value chain. Explain how...

4. Compare and contrast cost drivers and uniqueness drivers in a company's value chain. Explain how these drivers might support a firm's generic strategy.
Does transport add value in the supply chain? What is volumetric charging? What are the key...

Does transport add value in the supply chain? What is volumetric charging? What are the key characteristics of the five principal modes of transport?

A business strategy : -Clearly identifies the firm's target market and broadly indicates what the operations...

A business strategy : -Clearly identifies the firm's target market and broadly indicates what the operations and supply chain functions need to do to provide value to these customers. -Sets time frames and performance objectives that managers can use to track the firm's progress towards fulfilling its business strategy. -Identifies the role of supply chain partners - Identify and support the development of core competencies in the operations and supply chain areas. Question: Draft a business strategy, for your own...