1. Major Business Functions and the information systems that serve them (pg 45 51)â¦
a. gross gross revenue and Marketing
i. Order processing enters, processes, and tracks customer orders
ii. Pricing analytic thinking establishes prices of products and services
iii. Sales trend forecasting prepares five year sales forecasts
b. Manufacturing and take
i. Machine control controls the actions and equipment
ii. Production plan chooses when and how many another(prenominal) products should be made
iii. Facilities location chooses where to place unfermented production facilities
c. Finance and accounting
i. Accounts receivable tracks money owed to the company
ii. Budgeting Prepares short-term budgets
iii. Profit planning Plans long-term profits
d. Human resources
i. Training and development tracks employees training, abilities, and performance
ii. 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 will need
2. Michael Porters negative outlook on the internets attain on businesses (pg 103 -104)...
e.
Caused competitive opposition has become much more extreme because of the ease of any company to use technology.
f. Allows new alternates to emerge with new approaches to meeting need and performing functions. This in addition adds to the competition between companies.
g. Creates competition in pricing handiness of global price 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 also puts pressure to compete on price.
i. Gives customers talk terms power by finding the lowest costing supplier of the goods or services very quickly. (Also raises suppliers...If you want to get a full essay, order it on our website: Orderessay
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