Explain how information systems in supply chains create competitive advantages for organizations.

Answers

Answer 1

Information systems in supply chains can create competitive advantages for organizations by enhancing efficiency, improving decision-making, and enabling effective coordination among various stakeholders.

These systems provide real-time visibility into inventory levels, production processes, and customer demands, enabling organizations to optimize their operations and reduce costs.

By analyzing data from these systems, organizations can identify patterns, trends, and opportunities for improvement, leading to better strategic planning and resource allocation. Moreover, information systems facilitate collaboration and information sharing among supply chain partners, fostering seamless communication and coordination. This integration leads to faster response times, improved customer service, and a streamlined supply chain, giving organizations a competitive edge in terms of agility, responsiveness, and overall performance.

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Related Questions

The​ actual contribution margin per unit​ will impact the following sales variance:

A. ​Market-size variance

B. ​Sales-quantity variance

C. ​Market-share variance

D. ​Flexible-budget variance

Answers

The actual contribution margin per unit will impact the sales-quantity variance.

The sales-quantity variance is a measure of the difference between the actual quantity of units sold and the budgeted quantity of units sold, multiplied by the budgeted contribution margin per unit. It reflects the impact of the actual sales volume on the overall contribution margin.

Since the actual contribution margin per unit affects the calculation of the contribution margin for each unit sold, any deviation from the budgeted contribution margin per unit will directly impact the sales-quantity variance. If the actual contribution margin per unit is higher or lower than the budgeted contribution margin per unit, it will result in a corresponding variance in the sales-quantity variance.

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I am the newly appointed marketing manager of a company named Soupness. Soupness makes and sells soup. In 2,000 words, i need to address each of the following questions on how to conduct a marketing audit.
Preparation:
For what purposes might Soupness want a marketing audit?
What might the scope of the marketing audit and audit methodology be?
When should the marketing audit be undertaken?
What participants might need to be involved in carrying out the market audit?
Identify form of marketing audit:
State the main characteristics of the marketing audit for Soupness.
State the main elements that need to be included in the audit.
State the various forms of marketing audit; which ones best apply to Soupness and why.
Conduct external marketing audit:
State the criteria that should be used in an external marketing audit and apply them to Soupness.
Describe the potential external environmental factors, technological factors, market characteristics, and competitor factors that might apply.
Conduct internal marketing audit:
State the criteria that should be used in an internal marketing audit and apply them to Soupness.
Describe the marketing organisation as best you can.
Describe the marketing systems as best you can.
State how you could identify marketing productivity in terms of profitability and cost effectiveness.
Prepare marketing audit report: ( i have already done my soupness marketing audit)
Write a marketing audit report for Soupness.
State how you would ensure the report meets reporting requirements.
i need to also include a detailed SWOT analysis and PEST analysis and in consideration of the needs of a soup company—relevant legislation regarding the food industry and any related code of conducts might also be of use.

Answers

A marketing audit is a method for determining the current status of an organization's marketing strategies and evaluating its efficacy.

It's a thorough examination of the internal and external factors that affect an organization's marketing performance. The newly appointed marketing manager of Soupness can perform a marketing audit for many purposes, including the following:To gain a better understanding of the company's marketing processes, To investigate the efficiency of the marketing program, To compare marketing performance with competitors, To identify areas for improvement, To ensure that marketing is in line with the company's objectives. The marketing audit can be undertaken at any time, but it is recommended that it be done on an annual or biannual basis, depending on the complexity of the company's operations.Different participants will be involved in carrying out the market audit. The marketing manager, other marketing professionals, finance professionals, human resource personnel, and operations professionals may all be involved. Their participation will be determined by the scope of the marketing audit.Identify form of marketing audit:There are several forms of marketing audit, including a comprehensive marketing audit, a customer-focused marketing audit, a marketing systems audit, and a marketing productivity audit. For Soupness, a comprehensive marketing audit will be most beneficial. The audit's findings will aid in the development of future marketing strategies.The main elements that need to be included in the audit are: Marketplace analysis – environmental analysis, competitive analysis, and market research, Marketing strategy – Segmentation, targeting, and positioning, Marketing mix – product, price, promotion, and place, Marketing organization – Structure, systems, and staffing, Marketing productivity – profitability and cost-effectiveness,Various forms of marketing audit that best apply to Soupness and why:A comprehensive marketing audit will be the most effective marketing audit for Soupness. It will analyze all aspects of the company's marketing performance and aid in the development of future marketing strategies.Conduct external marketing audit:The criteria that should be used in an external marketing audit are as follows:Environmental factors – economic, social, political, legal, and technological factors.Competitive factors – strength, weaknesses, opportunities, and threats of the competition, Market characteristics – customers, suppliers, distributors, and intermediariesExternal marketing audit factors that might apply to Soupness are:Technological factors – innovation in the food industry, production methods, packaging, and new product launchExternal environmental factors – Economic growth or recession, socio-cultural shifts, and ecological sustainability Competitor factors – strong competition, new entrants, substitute products, and technological changesConduct internal marketing audit:The criteria that should be used in an internal marketing audit are as follows:Marketing organization – structure, systems, and staffingMarketing systems – planning, implementation, and control Marketing productivity – profitability and cost-effectivenessInternal marketing audit factors that might apply to Soupness are:Marketing organization – structure, systems, and staffingMarketing systems – planning, implementation, and control Marketing productivity – profitability and cost-effectivenessMarketing organization: Soupness's marketing organization is structured and operates based on product management. It has a small marketing department that oversees all marketing activities. The department comprises five employees who are responsible for marketing strategy, market research, and advertising.Marketing systems: Soupness uses a standardized marketing system, which includes planning, implementation, and control.

State how you would ensure the report meets reporting requirements:The report must meet reporting requirements, which necessitates the use of formal language, the inclusion of proper citations and references, and adherence to a specific format. To ensure that the report meets reporting requirements, the marketing manager should use a standard report template, include all necessary sections and information, review the report multiple times for errors, and seek input from other marketing professionals.

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how can i get financing for my self storage business how to start a self storage business

Answers

Answer:

there are a ton of programs that will fund small buisnesses but in the meantime while waiting for that to happen you could get a part time job and save all your money for the buisness or you can hussle i recomend looking into marketplace flipping it is a great way to make quick cash if your good at it  

Explanation:

The reverse treasury stock method is used for a. convertible preferred shares. b. written put options. c. written call options. d. convertible bonds.

Answers

The reverse treasury stock method is used for convertible bonds. The Reverse Treasury Stock method is a method for calculating diluted earnings per share. Diluted EPS assumes that all possible dilutive securities, such as stock options, convertible preferred shares, and convertible bonds, have been converted into common shares.

To avoid overstating the amount of common shares that would be outstanding, the treasury stock method is used to calculate the diluted EPS. The treasury stock method treats the proceeds from the conversion of convertible securities as if they were used to buy back common stock at the current market price.

Therefore, the treasury stock method is used to estimate the dilutive effects of convertible securities that are out of the money. Hence, the correct option is D, Convertible bonds.

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merchandise is marked with a black-and-white series of lines to indicate the item's manufacturer, description, packaging, and promotions. what is the name of these lines? multiple choice question.

Answers

The name of these lines is option a) Barcodes.

Barcodes are a standardized way of encoding information about a product using a pattern of black and white lines of varying widths. They are read by a barcode scanner, which translates the pattern into a code that can be used to look up the product information in a database.

Barcodes are commonly used in retail stores to identify and track products, as well as in many other industries to track inventory, shipments, and more. The most common type of barcode used in the United States is the UPC (Universal Product Code) barcode, which consists of a series of 12 digits encoded in the lines.

There are also many other types of barcodes, including QR codes, which can store more information than traditional barcodes and can be read using a smartphone camera.

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the complete question is:

merchandise is marked with a black-and-white series of lines to indicate the item's manufacturer, description, packaging, and promotions. what is the name of these lines? multiple choice question.

a) Barcodes

b) QR codes

c) UPC codes

d) RFID tags

A soda manufacturer has two operating departments: mixing and bottling. mixing has 600 employees and bottling has 400 employees. office costs of $320,000 are allocated to operating departments based on the number of employees. the office costs allocated to the bottling department are:

Answers

Cost allocation is a technique of allocating the organization's costs among the various cost centers of the organization. Thus, the office costs allocated to the Bottling department are equal to $128,000.

What are allocation costs?

Cost allocation is a technique of supplying relief to shared carrier organization's cost facilities that offer a product or provider. In turn, the related cost is assigned to internal clients' price centers that devour the goods and services.

As per the given information,

Total office costs: $320,000

We have given total number of employees for mixing = 600

And total number of employees for bottling = 400

office costs = $320,000

So total number of employees is equal to 600 plus 400 is 1000 employees.

\(\rm\,Allocation \,Base\, For\, Mixing: \frac{600}{1,000} = 0.6 \\\\So allocated amount for mixing is 0.6 \times \$320,000 = \$192,000\\\\Allocation \,Base\, for\, Bottling\, = \dfrac{400}{1,000} = 0.4\\\\So allocated amount for bottling = 0.4 \times \$320,000= \$128,000\)

Thus, the office costs allocated to the Bottling department is equal to $128,000.

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How are scarcity and the laws of supply and demand connected?

Answers

Answer:

Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.

Dobris Networks Inc. provides network traffic awareness, analysis, and control solutions for broadband service providers in USA. The company plans to expand its business in Austria. The directors of the company want a group of top level managers to take a call on the expansion strategy by studying the situation on hand. The task assigned to the group is an example of _____ tasks.

Answers

Answer:

D. intellective

Explanation:

The Intellective task is the task that includes the group capability for making the decision or the judgement

Since in the given situation it is mentioned that the company directors wants the group of the top level manager where the expansion strategy should be called via having the situation on the hand so here the task allocated to the group represent the example of the intellective task

Green Thumb Lawn Services charges new clients more than existing clients. The hourly rate for existing clients is $20. 00, and the hourly rate for new clients is $25. 0. How much more do new clients pay expressed as a percentage?.

Answers

Hourly rate is defined as the wage rate that is paid by the employer to the employees depending upon the every hour they worked. It generally remain consistent.

How much more do new clients pay?

Given Information:

Hourly rate for existing clients=$20.00

Hourly rate for new clients=$25.0

Solution:

Percentage difference=(Absolute difference/average)*100

Percentage difference=($25.00-$20.00/$25.0+20.00/2)*100

Percentage difference=22.22%

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Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software

Answers

Answer:

Ability to work well with a project team

Explanation:

True or false genres or categories of repertory, do not necessarily transfer from one society to the next though they may be similar. Music

Answers

Answer:

True

Explanation:

Considering the style and function of music in society, researchers have found out that music is used for different specific purposes, in every different society as well.

In other word, there is specific music for specific events, hence, it is TRUE that "genres or categories of repertory, do not necessarily transfer from one society to the next, though they may be similar."

The market for corn in Mexico has a large number of sellers and buyers, and there is no difference in the products sold by each seller. As a result, prices are determined by the

Answers

Answer:

Interactions between the sellers and buyers in the market.

Explanation:

laws of supply and demand in the Mexican corn market. When there is a surplus of corn, the price tends to decrease as sellers compete to sell their products. Conversely, when there is a shortage of corn, the price tends to increase as buyers compete to purchase the available products. Therefore, the prices are determined by the interactions between the sellers and buyers in the market.

64) On Green Island, the demand for pencils is perfectly elastic and the supply of pencils is perfectly
inelastic. If a sales tax on pencils is introduced,

Answers

If a sales tax on pencils is introduced on Green Island, the price of pencils will increase. However, since the demand for pencils is perfectly elastic, the quantity demanded of pencils will decrease significantly as consumers will seek out cheaper alternatives or stop purchasing pencils altogether.

On the other hand, since the supply of pencils is perfectly inelastic, the quantity supplied will remain the same, meaning that producers will not be able to adjust their output in response to the increase in price. In this scenario, the burden of the sales tax falls entirely on the consumers, as they will have to pay more for pencils without any reduction in the quantity supplied. This makes the tax inefficient as it distorts the market by reducing consumer surplus and producer surplus without generating any revenue for the government. Moreover, since the demand for pencils is perfectly elastic, any increase in the tax rate will result in a complete loss of demand for pencils. Overall, the introduction of a sales tax on pencils in Green Island would be an ineffective policy that would harm consumers and producers without generating any revenue for the government. It highlights the importance of considering the elasticity of demand and supply when designing tax policies to ensure their effectiveness and efficiency.

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2. Where does Steve Jobs’ power and influence come from?

Answers

Answer:

working with apple and creating the mac

Explanation:

From him being able to realize what it is he wanted to do and do it

Alia Valbuena earns 68,400 per year as an automotive engineer. What is her monthly salary ? What is her weekly salary ?

Answers

The answers would be obtained using the following simple formulas (not taking tax into account):

Monthly: 68,400/12
Weekly: 68,400/52

Describe the major components of business conduction plan.

Helppp AHHHH

Answers

Answer:

Heya there!

Here's ya answer.

Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordination

Explanation:

Josephine decided to be this platinum card since she saw the ads touting “0% A.P.R Platinum. Sign Up Now.” After reading this agreement, which of the following statements is TRUE?

Answers

After reading the agreement, the statement that is true is as follows: She has a 0% A.P.R for the first six months.

Josephine decided to apply for a platinum card when she came across an advertisement boasting "0% A.P.R Platinum. Sign Up Now.Josephine decided to apply for a platinum card because she saw an advertisement claiming "0% A.P.R Platinum. Sign Up Now.

APR stands for Annual Percentage Rate, which is a yearly percentage rate that includes all fees, including interest rates, which a borrower pays on loans and credit cards. Borrowers may use APR to assess the true cost of borrowing since it includes both the interest rate and any costs associated with the loan.

The statement that is true is: She has a 0% A.P.R for the first six months. This means that for the first six months, Josephine will not be charged any interest on the amount she spends on the platinum card she applied for because it is a 0% A.P.R. After six months, the rate may increase, and she will be required to pay interest on the amount she spends.

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kindly assist with research
my topic
The newly implemented e-payslip is not inclusive to all employees of the government.
what is the problem?
why is it the problem?
3 things that should be done to solve the problem?

Answers

The problem in the topic is the newly implemented e-payslip is not inclusive to all employees of the government. The reason why this is a problem is because it can cause dissatisfaction and confusion among employees who do not have access to the e-payslip.

Also, the e-payslip system may not be accessible or user-friendly for all employees who are supposed to use it.

Here are three things that should be done to solve the problem:

1. Conduct research: Research should be conducted to find out which employees are not included in the e-payslip system and why. This can help identify any technical or logistical problems that may be preventing some employees from using the system.

2. Increase accessibility: Steps should be taken to increase the accessibility of the e-payslip system so that all employees can use it. This may involve providing training and support to employees who are not familiar with using digital systems.

3.Improve communication:

Clear communication should be provided to all employees about the e-payslip system, including how to access it, how to use it, and how it benefits them. This can help address any confusion or dissatisfaction among employees who are not currently using the system.

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Help needed ASAP! Will give brainliest;) Try to help on my other questions:)

Entrepreneurs file a DBA document when using another name for their company. Why are DBA’s necessary?

A). DBA’s provide trademarking of the company logo.

B). DBA’s provide identification for taxes.

C). DBA’s are needed to open bank accounts.

Answers

The answer to your question Is b.

Follow = Multiple thanks ​

Follow = Multiple thanks

Answers

Welcome welcome welcome

1. Looking at Nigeria as a potential emerging market, mention and explain 4 factors you think are preventing Nigeria from becoming an excellent emerging market to invest in? 2. If you were given the chance, resources and power to change Nigeria, which one out of the 4 problems identified above would you try to solve and how would you do it?

Answers

do not understand what you are saying

Can someone please help me with this!!!!

Can someone please help me with this!!!!

Answers

Answer:

Eh easy aall you have to do is pay 4,305 dolllars

Explanation:

which of the following is an example of a self-administered questionnaire?

Answers

One example of a self-administered questionnaire is a survey sent through email or postal mail, where respondents complete the questionnaire on their own without any direct involvement from an interviewer.

A self-administered questionnaire refers to a survey instrument that is completed by the respondents themselves without the presence or assistance of an interviewer. The questionnaire can be delivered through various means, including email, postal mail, online platforms, or even hand-delivered. The respondents are responsible for reading the questions, interpreting them, and providing their answers. Self-administered questionnaires offer advantages such as convenience, privacy, and flexibility, allowing respondents to complete the survey at their own pace and in their preferred environment. Examples of self-administered questionnaires include online surveys, mail surveys, drop-off surveys, and electronic forms.

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Which of the following terms describes the type of marketing information
system that supports personal-selling activities such as prospecting and
account maintenance?
A. Inventory control
B. Database marketing
C. Marketing mix monitoring
D. Customer relationship management

Which of the following terms describes the type of marketing informationsystem that supports personal-selling

Answers

Answer:

Customer relationship management

Explanation:

The terms that describe the type of marketing information system that supports personal-selling activities such as prospecting and account maintenance is Customer relationship management. Thus, option D is correct.

What is Customer relationship management?

Customer relationship management (CRM) is a system that allows you to manage all of your company's relationships and interactions with current and prospective customers. The purpose is straightforward: to strengthen commercial ties. A CRM system assists businesses in staying connected to customers, streamlining procedures, and increasing profitability.

Customer relationship management is the phrase used to define the sort of marketing system that facilitates personal-selling operations like prospecting and account maintenance. As a result, option D is correct.

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5. When might a company decide that it needs to hire a human resource professional?​

Answers

Answer:

See Below

Explanation:

Below are a few reasons why a business might consider hiring a trained HR officer

It is recommended to hire a Human resource specialist once a company has 50 employees and above. When a business has over 50 employees, it needs someone trained to manage their welfare and other human resources issues.

When a company is growing or expanding rapidly, it requires to employ more people.  No matter the size of a business, when a business is hiring people frequently, it needs an HR officer to coordinate the recruitment process.

If a manager spends over 3 hours a day handling employee issues, then it's time to employ a trained HR officer. This gives the manager time to focus on their core mandate.  A dedicated specialist will be best suited to address employee issues, which is beneficial to both the company and the employees.  

Under what conditions would a perfectly competitive cotton farmer who is incurring an economic loss temporarily stay in business?

Answers

The change in total revenue from a one−unit increase in the quantity sold.

Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations. The formula to determine your company's revenue is to multiply the total number of goods or services sold by their respective prices.

You should be aware that "revenue" refers to the whole amount of money a company makes before deducting any expenses when comparing revenue and income. On the other hand, "income" is determined by deducting corporate expenses like depreciation, interest, taxes, and other charges from revenues.

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what is Financial equilibrium

Answers

Answer:

Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable.

During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?

Answers

Answer:

you have to give "the following"

How is the development of public goods instrumental in have a
mixed economic structure?

What are some public goods offered within the American
free enterprise system?

Answers

The development of public goods is instrumental in having a mixed economic structure as a mixed economy features many of the desirable qualities of both capitalism and socialism.

Governments in the mixed economies tend to provide public goods as it simultaneously allows the government in order to intervene in some economic activities and as well as the industries. Thus, through providing public goods and also collecting taxes, the government creates more social welfare.

The U.S. economy is known as a free enterprise system. Which means that the individuals here and not the government own most of the country's resources.

Hence, in free enterprise system supply and demand determine how the resources are used.

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If demand increases and supply remains constant

Answers

Answer:

The product would sell for more

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