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Enterprise resource planning (ERP)
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Read moreA management information system (MIS):,”- A MIS is a system used to provide management with needed information on a regular basis.o Can be manual or computer-basedo System in MIS implies order, arrangement and purposeo Focuses on providing managers with information
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Read morethree main human resources requirements for value chain management:
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Read moreEmployee performance control
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Read moreOrganizational process:,”is the way organization work is done. Managers should evaluate organizational processes by looking at core competencies
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Read moreBalanced scorecard approach control,”is a strategic performance management tool that looks at more than just the financial perspective. It looks at four areas: financial, customer
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Read moreobstacles to value chain management (4),”- Organizational barriers: include reluctance or refusal to share information. This is the most difficult obstacle to handle. System security is also important.- Cultural attitudes: especially trust and control can be obstacles. There must be mutual respect for, and honesty about each partner’s activities along the chain. Too much trust can also be a problem. Another culture attitude is that organizations feel they lose control. – Required capabilities: they are essential to capturing the value chain. It requires self-evaluations of capabilities and processes in order to become more efficient and effective at managing their value chains.- People: without commitment
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Read moreDo controls need to be adjusted for cultural differences?,”Methods of control can differ per country, especially in the measurement and corrective action steps. For example, distance calls for more formalized controls. More technological advanced countries use indirect control devices. Corrective action can depend on national laws. Additionally
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Read morethree contemporary issues that managers face in managing operations
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