There is difficulty in determining forecast turning points that are, from increasing to decreasing sales. Opportunities and suggestions The opportunities that Kudler has in terms of technology include improved loyalty and profitability of customers, which results from various marketing strategies. Another opportunity for Kudler involves customer purchase behavior patterns. These patterns are recognized through the current system and would help Kudler refine its processes and offerings to best satisfy its valued customers. It is vital for Kudler to continue reviewing and improving its information system to ensure its appropriateness to the changing characteristics and needs of its customers.
This is when an auditor does an actual review of the processes and the security of these processes and makes “professional recommendations” on the implementation of systems, the security of the systems and software, and even recommendations on better implementation of the database management. SAS 70 is important for all processes, electronic and manual, that may be outsourced to third party companies or may be maintained by third party software. This report provides the company as well as the third parties with a report that provides information on the internal controls that are in place and their effectiveness within both businesses. This allows the organizations to determine whether or not they need to make changes to their processes to ensure the security of the data that is being shared between parties (Hunton, 2004, p. 217). Finally, SAS 94 addresses the need for the auditor, and its firm, to fully understand the programming and technology that is being used for any given company.
This will ensure more delivery fees and more paperwork for the company. The company will have to account for promotional items that the wholesale companies may offer for products being bought. A positive trade-off for the company will be the use of software which may or may not be already
MGMT 340 09/20/2015 Week3 Petrie’s Electronics Chapter 5 Case Questions 1. Information was collected by a vast directory. Jim and the marketing group utilized interviews from stakeholders related to the businesses they targeted. Trade journals, other companies that used the companies the group was researching, various vendors, marketing departments, and possibly even customers. The most information the group can collect from company can result in a better decision on a company that can assist with quality versus price options and customer support of products in demand.
In the Petrie Electronics a request from the executive team has decided that the number one priority is to not only survive but to thrive and prosper by developing closer relationships with their customers. They also want to attract new customers and implement a customer loyalty program. 2. How are Organizational information systems related to company strategy? How does strategy affect the information systems a company develops and uses?
Present the three research findings gathered during your investigation; b. Analyze and interpret the three research findings gathered during your investigation; c. Make recommendations to management based on the topic’s research findings and justify your recommendations. While this section can be done in a variety of ways, there are some recommendations that will make these requirements blatantly clear to the Evaluator – enabling them to quickly find and evaluate your work. Consider using subheads when addressing the analysis for each
This will save time in the long run, which should encourage most employees despite their initial frustration with the management system change. A series of training and preparation with individualized tutorials might mitigate some anticipated resistance. Inadequate communication may also cause resistance. Management will make the major decisions with regard to the scheduled change; it is their obligation to clarify these decisions to subordinates within the company. Management is also expected to properly handle the inevitable questions and grievances; it is important to avoid misinterpretation regarding the procedural
When analysing the performance of the business they are able to make changes this gives the business more flexibility. Once the marking department have set their goals the next step for the team is to see how they will achieve it. The marketing strategy that business uses it that they will state how objectives will be delivered, this means that the marketing actions and resources needed will be explained to the team. They will also explain the roles of every individuals and how they will work as a team. The promotion team uses the 4P’s, .
Set a pace of growth that will be sustainable, that will not rock the company to the core and in process set it back. BKD has learned this lesson from previous experience that put them in bankruptcy court. While implementing changes that will allow BKD to grow, the change managers and other managers within the company are setting a sustainable pace, one that the associates can grasp the change before others are thrown at them. Change is a way of life in the BKD organization, one that all associates strive to make a better place not only to work but to live. The vision and mission of the company are important components of any change that is implemented and by keeping them in mind, will allow the company to achieve the goal of being the leader in health and wellness for the
Electronic Commerce, 7th Edition 14188-37032 Chapter 1 Solutions Review Questions 1. Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce. Answer: Traditional commerce is a better way to sell the items or services when personal selling skills are a factor, as in commercial real estate sales; or when the condition of the products is difficult to determine without making a personal inspection, as in the purchases of high-fashion clothing, antiques, or perishable food products 2. Figure 1-5 lists roommate-matching services as a type of business that is well-suited to a combination of electronic and traditional commerce. In one paragraph, describe the elements of this service that would be best handled using traditional commerce and explain why.