eloping ISs for management dec
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A: Note “Since you have asked multiple question, we will solve the first question for you. If you want…
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Explain FIVE (5) grounds of success for developing ISs for management decision making in the manufacturing industry.
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- Explain within its context the General Environment External and Internal (SWOT) and the Industry Environment (Five Forces Model) analysis reports for decision making purposes.John Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…From the statment below respond why she made the right decision at the time? I remember when Covid first started making its way around the United States. We had a protocol in place at work that if any of our co workers or clients ( or anyone in the household) tested positive that the people involved would have to quarantine then test negative to come back to the clinic. Also the owners would send out an email letting us know that someone tested positive so that if we had contact with that person but were not told prier, that we would be able to follow the above stated steps. The owner of our clinic was not informing us of anything and we were finding out about positive cases in our office just by talking with one another. I was going to meet with my boss solo and have a conversation stating that i was uncomfortable with the situation she has put me in. However i found that there were many others that were going to approach her as a group in a meeting requested by the staff. Since the…
- 1. List two (2) operational problems or issues in the Banking & Financial Services sector. 2. Conduct a review of case studies, news articles, etc. on both of the operational problems or issues that you identified in (1) above 3. Based on your preliminary research findings, choose ONE of the operational problems/issues and explain in why you are concerned about or interested in looking at that operational problem/issueConsider the following financial data from the past year for Midwest Outdoor Equipment Corporation. Annual sales $24,324,000 Net income 2,975,000 Cost of goods sold 12,600,000 Total assets 10,550,000 Inventory 2,875,000 Receivables 3,445,000 The Midwest Outdoor Equipment Corporation has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new arrangement, called vendor managed inventory, the supplier manages its raw material inventory inside the manufacturer’s plant and bills only the manufacturer when the manufacturer consumes the raw material. This is expected to reduce total assets by $2 million. What is the expected change in return on assets? Note: Round your answer to 2 decimal places.Demonstrate how indexes and ranking data are calculated comparing the subject to the comp set.
- 25. Timely plc is reviewing security in its information system and has identified a number of risks facing it to improve msk management of the system the company has told its employees that any computer misuse by them will result in disciplinary action. What aspect of risk management has Timely plc employed regarding information security? Risk transfer Risk acceptance Risk reduction Risk avoidance 26. Marble pic is a very large supermarket chain. To date the managers of Marble pic have made decisions about pricing and procurement based on periodic summarised transaction reports. The company's IT function is now streaming big data about its own sales and purchases into its information systems in real time. Marble plc is taking advantage of the fact that big data has the characteristic of: A Veracity Variety Velocity VerifiabilityA business management area where a managers need to concern business competition, creation of competitive advantage and adapting changing business environment. * operations accounting finance strategywhat controlling strtaegies( in area of direct supervision, budgetary,managemnet by objectives managemnet audits and MIS system) were used by CEO Michael Lee Chin in his company NCB
- Define information technology,Its dimensional role in decision making and its importance to suppliers , strategic partners and customers. What is the essential characteristics of useful information and its needs and importance to organizations? Particularly managers of all levels.1. Appraise the handling of information in coca cola 2. Identify key factors in matching information systems to user requirementsCB Winter Sports specializes in providing ski lessons to beginners. The company uses the allowance method to account for uncollectible accounts expense CB Winter Sports experienced the following four accounting events in Year 1: 1. Recognized $266,000 of revenue on account. 2. Collected $126,000 cash from accounts receivable. 3. Wrote off uncollectible accounts of $2,300, 4. Recognized uncollectible accounts expense, CB Winter Sports estimated that uncollectible accounts expense will be 3 percent of sales on account Required: Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA) The first transaction is shown as an example. Note: Enter any decreases to account balances and cash…