As Part of Their Continuing Effort to Improve Business Processes

question 98

Essay

As part of their continuing effort to improve business processes to deliver maximum value to their customers, many businesses have adopted one or more of the following systems:
a.Supply chain management
b.Just-in-time-inventory (JIT)
c.Enterprise resource planning (ERP) systems
Required:
Describe each of the three systems and their goal.

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Definitions:

Self-Esteem Needs

Self-esteem needs encompass an individual's desire for self-respect, value, and confidence, considered integral for psychological development.

Maslow

Referencing Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Belongingness Needs

A psychological state reflecting the human need to form and maintain strong, stable interpersonal relationships.

Self-Transcendence Needs

The highest level in Maslow's hierarchy of needs, referring to the pursuit of achieving one's full potential, including experiences of unity, spiritual fulfillment, and meaning in life.