1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
2 years ago
8

Inventory management is largely self-contained in the sense that very little coordination among the sales, purchasing, and produ

ction personnel is required for successful inventory management. True False
Business
2 answers:
zubka84 [21]2 years ago
8 0

Answer:

False

Explanation:

Inventory management is one of the most complex processes and it is also one of the processes that benefited the most from ERP software.

Enterprise resource planning (ERP) software integrates all the different units within a company and allows them to share information. It is extremely useful for coordinating sales, production, finance and inventory management.

Imagine the following situation:

You are a salesperson for ABC Corp, and you sell pencils. Now you go to visit Office Depot main headquarters to offer your pencils. The people at Office Depot are delighted by the quality of your pencil and immediately want to order 1 million pencils. But you have a problem, you do not know if you can sell them 1 million pencils. So you have to make your client wait until you go back to the factory and check if you have 1 million pencils in inventory, but you don't. So now you have to go to the production department and ask for 1 million pencils. But they don't have the materials to build 1 million pencils, so you must go to the purchase department and ask them to buy the materials for the 1 million pencils. Since the purchase department doesn't know if they have enough money to buy the materials, you have to go to the finance department. Once in the finance department you are told that you can go on with the sale because the they have the money. Now you must go back over your own steps to the purchase department, the production department, the inventory department and tell everyone that you have the OK for the pencils. Now, you can go back and sell the pencils.

Believe it or not, the process I described was the standard process before SAP (the first ERP software company) started providing SAP software. Now, instead of spending hours or days going form one place to another, you can do it in 5 minutes.

9966 [12]2 years ago
7 0

Answer:

The answer is false

Explanation:

You might be interested in
What is the first step for marketers in implementing the marketing concept?
Svet_ta [14]

Answer:

The answer is: You need to identify your market.- Who are your potential customers and what unsatisfied need do they have in common?

Explanation:

A marketing concept can be defined as:                                                          The idea/concept/philosophy that your business is going to follow in order to satisfy their customers' needs while reaching their business's goals.

The first thing you need to do is identify your target market, i.e. Who are your potential customers and what unsatisfied need do they have in common?

3 0
3 years ago
A property has a first mortgage of $200,000, a second mortgage of $50,000, and a third mortgage of $20,000. It is foreclosed and
Papessa [141]
234 with twelve chickens in a row of the other one
4 0
2 years ago
It seems hard to justify spending $4.00 for a compact fluorescent lightbulb when an ordinary incandescent lightbulb costs 50 ¢.
frosja888 [35]

Answer:

to obtain 10,000 hours of light you would need:

option 1)

10 incandescent light bulbs costing $0.50 each = $5

this incandescent light bulbs will consume 60 x 10,000 = 60,000 watts or 60 kWh = 60 x $0.10 = $6 in electricity

total costs using incandescent light bulbs = $5 + $6 = $11

option 2)

1 fluorescent light bulb = $4

this fluorescent light bulb will consume 15 x 10,000 = 15,000 watts or 15 kWh = 15 x $0.10 = $1.50

total costs using fluorescent light bulbs = $4 + $1.50 = $5.50

8 0
3 years ago
When a light is turned on, the power grid delivers exactly what is needed, instantly. It is impossible for computers and network
Vesnalui [34]

Answer:FALSE

Explanation: A Grid computing is a computer architectural design which can be described as a SUPERCOMPUTER SYSTEM,where all the components of a computer systems are interconnected functionally in order for them to work as a single unit.

WITH GRID COMPUTING, COMPUTER SYSTEM AND NETWORK SYSTEMS CAN BE SEEN TO ACT IN THE SAME WAY AS THE POWER GRID AS IT ALL THE COMPONENT WORK IN ORDER TO DELIVER THE NEEDS OF THE DESIGNERS OR END USERS.

6 0
3 years ago
Zach is a salesperson at a large medical supply company. the company wants zach to learn to manage multiple departments, so it o
artcher [175]

Answer: Payment for Knowledge

Explanation:Training is a key aspect  for  a company's improvement   development and success. It is beneficial to both employers and employees of an organization. An employee will become more efficient and productive if he is trained well.

Due to the continuous updates and improvement  in the world technology relating to  businesses,  Most Organisations are willing to pay for training   thier employees  off the job so to cope up with those changes, improve the  working conditions, and enhance their knowledge.

Even though such training are costly,on the long run,  they  improve efficiency and productivity of employees. Well trained employees show both quantity and quality performance leading to optimal use of time, money and resources.

The company seeking for Zach to learn to manage multiple departments, and proferring  to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree  shows that the company is willing to pay for more knowledge as that hopefully will go a long way to improve their productivity when he returns.

5 0
3 years ago
Other questions:
  • Define incentive. Provide an example of a financial and a non financial incentive....
    15·2 answers
  • What US government agency creates and enforces standards for workplace health and safety?
    7·2 answers
  • The price of coffee rose sharply last month, while the quantity sold remained the same. Five people suggest various explanations
    12·1 answer
  • After a hurricane in Florida knocked out the regional water supply for several days, the demand for bottled water increased shar
    15·1 answer
  • Strict product liability is the doctrine that the seller of a product has legal responsibilities to compensate the user of that
    6·1 answer
  • Goodell Corporation just paid its annual dividend of $1.75, today. Dividends for the Goodell Corporation are expected to increas
    15·1 answer
  • Disadvantages of unit trust investment​
    15·1 answer
  • Bateman Corporation sold an office building that it used in its business for $800,200. Bateman bought the building 10 years ago
    14·1 answer
  • Suppose independent truckers operate in a perfectly competitive constant cost industry. If these firms are earning positive econ
    5·1 answer
  • Inflation: group of answer choices is a continuous decrease in the price level. can obscure relative price changes. always makes
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!