Which of the Following Best Describes the Top-Down Planning Approach

question 34

Multiple Choice

Which of the following best describes the top-down planning approach advantage,better understanding?

• A)If not viewed from the top,totally new management information systems may be implemented rather than planning how to evolve existing systems.
• B)If not viewed from the top,planners may lack sufficient management acceptance of the role of information systems in helping them achieve business objectives.
• C)If not viewed from the top,planners may lack the understanding necessary to implement information systems across the entire business rather than simply to individual operating units.
• D)If not viewed from the top,information systems may be implemented without first understanding the business from general management's viewpoint.

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Definitions:

Holding Cost

The expense incurred from storing inventory over a period, including costs related to warehousing, depreciation, insurance, and obsolescence.

Price Breaks

Discounts applied to a product or service based on the quantity purchased.

EOQ Model

Economic Order Quantity Model, a formula used in inventory management to determine the optimal order size that minimizes the total holding costs and ordering costs.

Ordering Cost

Expenses incurred when placing an order for goods or services, including administrative costs and the cost of processing payments.