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:

Marketing Objective

A specific, measurable goal that a company aims to achieve through its marketing efforts.

Marketing Mix

A set of controllable, strategic marketing tools that a company uses to produce a desired response from its target market.

Fund-raising

Fund-raising is the process of gathering voluntary contributions of money or other resources, typically for nonprofit organizations or to finance a particular cause or project.

Necklaces

Jewelry items that are worn around the neck, often made of metals, beads, or precious stones, serving as accessories or symbols of status.