In this Chapter, You’ll be able to:<br /><ul><li>Identify various business functions and the role of Iss in these functions.
Explain how ISs in the basic business function relate to each other.
Articulate what supply chains are and how information technology supports management of supply chains.
Enumerate the purpose of customer relationship management systems.
Explain the notion of enterprise resource planning systems.</li></li></ul><li>Continued Growth and Specialization<br />EATS2GO:<br />
A New Opportunity Appears<br />Advertising needs and promotions<br />Moving forward<br />
Effectiveness and Efficiency<br />Effectiveness<br /><ul><li>Defines the degree to which a goal is achieve. Thus, a system is more or less effective depending on </li></ul>How much of its goal it achieves<br />The degree to which it achieves better outcomes than other systems do.<br />Efficiency<br />- Determined by the relationship between resources expended and the benefits gained in achieving a goal.<br />
Accounting<br />What is the purpose of it?<br />Is to track every financial transaction within a company, from a few cents to multimillion dollar purchases, from salaries and benefits to the sale of every item.<br />