Why do firms codify so many processes into erp systems

Assignment Help Business Management
Reference no: EM131875621

Discussion: Enterprise Resource Planning

Reflect on the readings for this module as well as those from previous modules when you consider this module's discussion question. In your response, take into account the time constraints on modern businesses in terms of time to market and demand for innovation. As an aside, and not as part of the assignment, you may wish to consider how your answers would or would not change if you were considering a craftsmen-type or vertically-integrated business.

Based on the above information and on your reflection of the readings for the course, respond to the following:

• If continuous improvement is the key to remain competitive, then why do firms codify so many processes into enterprise resource planning (ERP) systems?

• Does this limit innovation and if so, how can that risk be reduced? If you were an ERP vendor what would be your perspective?

Post your response to the appropriate Discussion Area. Through the end of the module, review and comment on at least two peers' responses.

Write your initial response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

Do the following when responding to your peers:

• Read your peers' answers.

• Provide substantive comments by

o contributing new, relevant information from course readings, Web sites, or other sources;
o building on the remarks or questions of others; or
o sharing practical examples of key concepts from your professional or personal experiences

• Respond to feedback on your posting and provide feedback to other students on their ideas.

• Make sure your writing

o is clear, concise, and organized;
o demonstrates ethical scholarship in accurate representation and attribution of sources; and
o displays accurate spelling, grammar, and punctuation.

Reference no: EM131875621

Questions Cloud

Calculate the net income and earnings per share : Income before interest and taxes is expected to be $3,000,000. Calculate each of the following for each alternative: Net income and Earnings per share
What action steps would you take to ensure performace : Following your reading of this article, describe your thoughts on whether you would like to work as an expatriate or not?
Estimate the minimum price the owner of the division : Using a tax rate of 34 percent, estimate the minimum price the owner of the division should consider for its sale
Coupon bonds on the market with nine years left to maturity : A long call is when an investor. Ackerman Co. has 10 percent coupon bonds on the market with nine years left to maturity.
Why do firms codify so many processes into erp systems : If continuous improvement is the key to remain competitive, then why do firms codify so many processes into enterprise resource planning (ERP) systems?
How would the firm cost of equity change if at all : How would the firm’s cost of capital change if at all? How would the firm’s cost of equity change if at all?
Determination of chance probability and respective payoffs : A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility.
What is the cost per visit to the physical center : Depreciation on the exercise equipment that are added as demand grows: $200,000. What is the cost per visit to the physical center
Write detailed step-by-step account of your learning process : After completing the reading assignments for the week answer the following question: Think about an experience in which you learned something.

Reviews

Write a Review

Business Management Questions & Answers

  Created or reduced in the us economy

Who influences how much liquidity in created or reduced in the U.S. economy?

  Identify technology that will be adopted by selecte business

Your assignment for this module is to identify a new technology that will be adopted by your selected business or organization that will address an identified organizational issue, challenge or need.

  Adopt an electronic health record system

What would happen if all health care organizations were required to adopt an electronic health record system? How would this affect efficiency

  Create a table of decisions to be made

For this activity, you will create a table of decisions to be made and the questions you would ask so you can make those decisions.

  What are the strengths and weaknesses of theory

Administrative management theory endeavors to locate an objective approach to plan an association all in all. What are the strengths and weaknesses of this theory?

  Family and medical leave act in an industrial workplace

What employers are and are not covered by the FMLA what employees are exempt from coverage, how does FMLA relate to a manager's duties, e.g., scheduling

  Discuss the culture and socio-political background

Discuss the culture and socio-political background of the country you selected. Be sure to include a description of the legal and governmental systems.

  First payment on the last day of quarter

Find the value today of a perpetual annuity that pays $1 per quarter with the first payment on the last day of quarter 21 (the end of the first quarter of the 6th year) assuming an interest rate of 5% a year, compounded quarterly.

  Briefly describe and provide some background

Briefly describe and provide some background on a problem you identified from your organization or a problem with which you are familiar.

  State the average price and quantity exchanged in the market

The Wall Street Journal recently reported that insurgents in Iraq had taken over a major oil refinery. What would you predict would happen to the average price and quantity exchanged in the market for gasoline in Iraq?

  How should a company regulate ethical conduct

How should a company regulate ethical conduct within the organization?

  Problem regarding the conflict management approaches

Write a 700- to 1,050-word paper that identifies the conflict management approaches used in your agency or place of work. How does this match or contradict your personal conflict management preference or style? Format your paper consistent with A..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd