Company strategies and value creating processes can't be effectively executed without internal information systems that include
A) customer data,employee data,supplier/partner data,operations data,and financial performance data.
B) TQM,reengineering,and Six Sigma programs.
C) monetary and nonmonetary reward systems.
D) activity-based cost accounting,benchmarking,and best practices.
E) All of these.

Question

Quizplus · Accepted Answer

Internal information systems that include customer data, employee data, supplier/partner data, operations data, and financial performance data are essential for effective execution of company strategies and value creating processes. These systems provide valuable insights into various aspects of the business, which can be leveraged to optimize operations, improve customer satisfaction, innovate new products/services, and increase profitability. TQM, reengineering, Six Sigma programs, monetary/non-monetary rewards, activity-based cost accounting, benchmarking, and best practices are all important aspects of organizational performance, but without internal information systems, their impact cannot be effectively measured, monitored, and managed.

Company Strategies and Value Creating Processes Can't Be Effectively Executed