Well-Conceived, State-Of-The-Art Information and Operating Systems

question 73

Multiple Choice

Well-conceived, state-of-the-art information and operating systems

• A)are essential because business process reengineering efforts, TQM, Six Sigma, and benchmarking programs can't be carried out effectively without them.
• B)not only enable better strategy execution but also strengthen organizational capabilities (perhaps enough to provide a competitive edge over rivals).
• C)make it simple and easy to spot cost overruns and inefficiencies.
• D)are valuable tools for shortening a company's value chain, boosting workforce morale and productivity, and simplifying the task of adopting best practices.
• E)help managers run a tight ship and preserve strong, centralized control over internal activities.

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Definitions:

Compromise

A resolution to a conflict where parties involved make mutual concessions to reach a mutually acceptable decision.

Smoothing

A financial or operational strategy used to stabilize results by reducing fluctuations in data or performance over a period.

Problem Solving

The process of identifying a problem, determining the best solution among alternatives, and implementing that solution effectively.

Conflict Resolution

The processes and strategies used to address and resolve disputes or disagreements between parties in a constructive manner.