What is an enterprise resource planning (ERP) system? What are the advantages and disadvantages of using an ERP?

Q: what is the role of performace management techniues in improving organizational performance

A: Performance management involves the process by which the set of activities to be done by the…

Q: How do you think that information, such as CSR-related information, could be used to manage an…

A: When a business is contributing a defined percentage of its profits on charitable activities or…

Q: Why have re-engineering efforts been made to integrate AIS and MIS?

A: An Accounting Information System (AIS) uses financial data where a Management Information System…

Q: Distinguish between turnkey and backbone systems. Which is more flexible?

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Q: how an enterprise system can assist an organization in optimizing its value system.

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Q: What are the advantages of using HRMS in an organisation?

A: (1) Improved data management. HRMS can handle all employee information as well as…

Q: How can we measure the ROI of knowledge Management initiatives in organizations?

A: The question is based on the concept of quantification of impact of expenses made in knowledge…

Q: Explain how an IT environment affects the segregation of functions.

A: Segregation of Duties (SoD) is a set of controls and policies intended to ensure accuracy and keep…

Q: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: What are the differences between a centralized and decentralized network?

A: Social Network- The term "social network" refers to internet-based networking with friends, family,…

Q: Distinguish between reverse engineering and reengineering.

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Q: What are POS Systems? Enumerate their advantages versus manual data collection systems.

A: Introduction: A point of sale (POS) system is used to monitor sales and receive consumer payments.…

Q: Refer to Supply Chain systems. What is the oplonich invonton?

A: Supply Chain System: A supply chain is a system of organizations, people, activities, information,…

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: What kind of graph can help decision making in management accountin? It would be if there are some…

A: The graphs are often considered statistical tools, however, in almost all fields, they are used as…

Q: What is activity based management? Why is it important? taking example

A: Activity based management:Activity based management is the process of applying activity-based costs…

Q: Explain CVP APPLICATIONS WITH EXAMPLE?

A: The CVP analysis is used to determine what will happen to the financial results when they are…

Q: Distinguish between the centralized and distributed approaches to organizing the IT function.

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Q: Explain the issues of size, speed, workload, and transaction as they relate to scalability

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Q: What is a responsibility center?

A: Responsibility center: Responsibility centers are the segment of an organization which is authorized…

Q: Explain why an organization would choose to install a distributed instead of a centralized computer…

A: Choosing Distributed Data Processing: There are one or more mainframe computers in centralized…

Q: What is value-based management and how is it used?

A: The company finds the value of the company by discounting the cash flows occurring in the future.…

Q: Describe the benefits of decentralization.

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Q: Explain the Role of Perfomance Management Techniques in improving Organizational Performance.

A: The Role of Performance Management Techniques in improving Organizational Performance are discussed…

Q: Define outsourcing.

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: What are the advantages and disadvantages of accessing online primary sources?

A: Primary sources are the proof of history, original records or objects created by participants or…

Q: what is the difference between internal and external users of information, their needs and demands…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: How may batch processing be used to improve operational efficiency?

A: Batch Processing: Batch processing refers to as a process involving multiple transactions which are…

Q: How are management’s actions incorporated in EVA and MVA? How are EVA and MVAinterconnected?

A: Economic added value (EVA) is a measured cash-deductible reduction of capital costs of a firm's…

Q: Define value-based management

A: SOLUTION:- VBM is a concept whih refers that management should firstly consider the interest…

Q: describe the connection between the management process planning, feedback, controlling? take an…

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Q: What exactly are the advantages and disadvantages of turnkey systems?

A: Here are the advantages and disadvantages of turnkey systems:

Q: IT project management is supported by a variety of tools and technologies.

A: The process of developing and administering an information technology development plan in order to…

Q: Is it possible to respond in an agile manner to customer requirements in a global sourcing…

A: Sourcing Is the process of locating and selecting businesses based on set criteria. It happens in…

Q: If an organization processes transactions that have independent (unique) data needs, what type of…

A: Definition: Transaction process system: The transaction process system helps a business to process…

Q: Managed CDOs is designed for what?

A: Introduction: A collateralized debt obligation (CDO) is a portfolio of differing credit quality debt…

Q: Give examples of external forces that may affect human resources. Explain them briefly.

A: External forces that affect company human resources are the factors environment which are outside…

Q: What are two examples of the types of management issues that can be addressed by cvp analysis?

A: CVP or Cost-volume-profit analysis is a cost accounting method of analysing the effect of cost and…

Q: Why is the object-oriented approach particularly suited to ERP system design?

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Q: What is a New Accounting System (AIS) needed?

A: An accounting information system is an application of Information technology to accounting, audit,…

Q: How can ABM be used by service companies?

A: Activity Based Management Activity-based management is refer as the one of the cost management…

Healthcare Organization

Healthcare organizations are entities that provide healthcare services such as primary care, surgery, diagnosis of diseases, and medical treatment to patients who are in need. Healthcare organizations or health systems provide healthcare benefits to people through clinics, hospitals, teaching and training institutions, and research institutions. The fundamental purpose of healthcare organizations is to offer healthcare services at a lower cost to meet the health needs of the people.