Exam 8: Using It for Coordination and Control
With a network structure, most activities are outsourced, so that different companies perform the various functions needed by the organization.
True
An important aspect of the EIS is supply chain, which means managing the sequence of suppliers and purchasers covering all stages of processing from obtaining raw materials to distributing finished goods to consumers.
False
Describe how interorganizational relationships can be affected by technology in business today.
Interorganizational relationships can be greatly affected by technology in business today. With the advancement of communication and collaboration tools, organizations are able to connect and work together more efficiently and effectively. Technology allows for real-time communication, file sharing, and project management, which can streamline processes and improve productivity in interorganizational relationships.
Additionally, technology has enabled the development of supply chain management systems, allowing organizations to better coordinate and integrate their operations with suppliers and partners. This can lead to improved inventory management, reduced lead times, and overall cost savings.
Furthermore, the use of data analytics and business intelligence tools has allowed organizations to gain deeper insights into their interorganizational relationships. By analyzing data on performance, transactions, and customer interactions, businesses can make more informed decisions and identify areas for improvement in their partnerships.
Overall, technology has revolutionized the way organizations collaborate and interact with each other, leading to more efficient and productive interorganizational relationships in today's business world.
The ____ helps managers focus on the key strategic measures that define the success of a particular organization over time and communicate them clearly through the organization.
The balanced scorecard is an information system used for making decisions.
Transaction processing systems facilitates decision making at the highest levels of management.
Information reporting systems are designed for non-managerial and non-supervisory personnel to have access to basic information on the status of product orders.
Today, most companies with intranets have moved their management information systems, executive information systems, and so forth over to the intranet so they can easily be accessed by anyone who needs them.
A strategy map provides a visual representation of the key drivers of an organization's success and shows how specific outcomes in each area are linked.
Take a position relative to this statement: "The more data a manager has, the better his or her decision making will be. The more, the better!" Defend your position.
Realizing that managers spend about 80 percent of their time exchanging information, develop and defend your own theory or strategy for managing knowledge.
Tacit knowledge is formal, systematic knowledge that can be written down and passed on to others.
____ can create a level of cooperation not previously imaginable if managers approach the practice with an attitude of trust and partnership.
Contrast the two approaches for explicit knowledge management against two approaches for tacit knowledge management.
The executive control system is a comprehensive management control system that balances traditional financial measures with operational measures relating to a company's critical success factors.
Which of the following is not a step of a simplified feedback control model?
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