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)continuous access to social networks.

Question

Quizplus · Accepted Answer

Internal information systems that include customer data, employee data, supplier/partner data, operations data, and financial performance data provide the necessary information for company strategies and value creating processes to be effectively executed. This data helps organizations make informed decisions, allocate resources efficiently, and identify areas for improvement. TQM, reengineering, Six Sigma programs, monetary and nonmonetary reward systems, and social networks may also be useful, but they are not as essential as the internal information systems described in option A. Activity-based cost accounting, benchmarking, and best practices are also important but fall under the broader category of operations data mentioned in option A.

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