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Breaking Structural Barriers- It is useful for a firm to break structural barriers that inhibit its operations or limit its drive for competitive advantage. Computers as well as telecommunications networks is able to help a business develop strategic relationships by establishing's new electronic linkages with suppliers, computers and other business entities. The Intranets, Internet, Extranets and other telecommunication networks can support innovations in the delivery of services raise the scope and penetration of markets.
Exp - Miller Brewing with Reynolds Metals: -The Miller Brewing Company is a customer of Reynolds Metals Company in addition to one of Reynolds's EDI business partners. Miller is assisting Reynolds reduce the inventory of aluminium coils used at tin can manufacturing plants and track the quality of aluminium that is received from Reynolds and other suppliers. Reynolds developed software that make possible Miller to use EDI and extranet links to Reynolds to track in transit inventories as well as do materials forecasting and ordering as well as quality control monitoring. Therefore EDI and Reynolds's extranet have helped it to develop a new business alliance with one of its biggest customers.
Question: (a) Name clothing Business terms e.g. ready to Wear and give a brief description of the term. (b) What does merchandising imply in an apparel industry? (c) What a
1. Discuss what types of organisations these are and how this might affect the types of accounts they produce and who might use them and how. 2. Compare the business environment f
b) An knowledge and awareness of multiculturalism may foster improved communication because: Employees can communicate better with one another in order to achieve organisati
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QUESTION 1 (a) Explain by the term "cultural shock"? Support your answer with examples (b) Ethnocentrism is one of the barriers of communication. Clearly explain how does i
What are the important provisions for employee working hours? Working Hours: The provisions relating to working hours deal along with the given factors: a. Weekly hour
QUESTION 1 (a) Describe the five components which constitute an organization's culture, as identified in Deal and Kennedy approach. (b) Write down five differences between o
What are the important provisions for employee Welfare? Welfare: Provisions associated to welfare are as illustrated: a. Washing facilities for sitting b. First aid
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What is the Entrepreneur? Meaning of Entrepreneur: An Entrepreneur perceives a requirement and after that brings together material, manpower and capital needed to meet th
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