Distinguish between business function and business process, Business Management

Assignment Help:

QUESTION 1

Enterprise Resource Planning (ERP) programs are software used by companies to manage information in every area of the business. ERP programs help manage company-wide business processes using a common database and shared management reporting tools. ERP software supports the efficient operation of business processes by integrating activities throughout a business

(a) Distinguish between a business function and a business process. Provide an example to illustrate your point

(b) Why do managers today try to think in terms of business processes rather than business functions?

(c) Most companies have four main functional areas-

  • Marketing and Sales (M/S)
  • Supply Chain Management (SCM)
  • Accounting and Finance (A/F)
  • Human Resources (HR)

 

Each main functional area consists of a number of narrower business functions specific to the functional area

(i.) Assume you are the marketing manager of a new upcoming firm that sells Chocolate bars. What data do you require from both Accounting and Finance and Supply Chain Management to do your job properly?

(ii.) Assume you are the chief financial officer of the company that sells the Chocolate bars. You need detailed records to report your financial status to the government. What functional areas provide that information that would help you complete your report?

(iii.) Assume you are the Human Resource Manager of the company that sells the Chocolate bars. Your job is vital because your employees are the main asset to your firm. What information do you need from each functional area to ensure proper staffing of the production line?


Related Discussions:- Distinguish between business function and business process

Emerging Markets, Evaluate the case made in the article for ‘the third leg ...

Evaluate the case made in the article for ‘the third leg in the strategy “tripod”’, with particular reference to the effectiveness of the four cases offered in supporting the centr

P&l for masks r us ltd, P&L for Masks R Us Ltd: a)   ...

P&L for Masks R Us Ltd: a)   $ $ Sales ($8 * 15,000)   120,000 Cost of Goods Sold :

Define the desire to succeed of an entrepreneur, Define the desire to succe...

Define the desire to succeed of an entrepreneur. Desire to succeed: An entrepreneur has a strong wish to succeed into life. Their dreams are not only restricted to achie

Organisational challenges - managing diversity, Managing workforce diversit...

Managing workforce diversity is one of the most difficult and pressing challenges of modern organisations (Henry and Evans 2007). This is because managing diversity is more than si

Describe the communication process, Question: "Presenters, especially s...

Question: "Presenters, especially scientists, seem to have jumped onto the "PowerPoint" bandwagon, and are using visual aids throughout their presentation - from the title slid

What is corporate social responsibility, QUESTION Corporate Social Resp...

QUESTION Corporate Social Responsibility (CSR) is generally used to describe business's efforts to achieve sustainable outcomes by committing to good business practices and sta

Factors that help to prevent resistance to change, Question 1: (a) Disc...

Question 1: (a) Discuss three different levels of Management. (b) Differentiate between omnipotent and symbolic view of managers. (c) Explain the different functions of M

Shaping culture and values - leadership, Shaping Culture and Values Co...

Shaping Culture and Values Commerce Bank is one of the fastest growing banks in the United States-but it's also one of the goofiest places of business you're likely to find. C

Management, tell me the functions of lower management ?

tell me the functions of lower management ?

What are the control charts in management, What are the control charts in m...

What are the control charts in management? Control Charts: These charts are based upon statistical sampling theory, as per that an enough sized sample drawn, at various f

Write Your Message!

Captcha
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