Company Strategies and Value Creating Processes Can't Be Effectively Executed

question 97

Multiple Choice

Company strategies and value creating processes can't be effectively executed without internal information systems that include

• A) customer data,employee data,supplier/partner data,operations data,and financial performance data.
• B) TQM,reengineering,and Six Sigma programs.
• C) monetary and nonmonetary reward systems.
• D) activity-based cost accounting,benchmarking,and best practices.
• E) All of these.

Differentiate between Web 2.0 and other internet platforms or terminology used interchangeably with social media.

Comprehend the role of media richness and self-disclosure in classifying social media and in communication effectiveness.

Analyze the impact of influencer marketing and its focus on brand advocacy beyond traditional advertising.

Understand the distinction between traditional media and social media in terms of production, reach, and audience interaction.

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Definitions:

Sales Estimate

A projected figure indicating the amount of sales a company expects to achieve in a certain period.

Net Present Value

A method used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows.

Operating Cash Flows

The cash generated from the normal operations of a business, such as revenue from sales after operating expenses are deducted.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or sold within a year.