Answered: (a) Analyse the characteristics of good…

(a) Analyse the characteristics of good information with relevant examples. (b) Discuss the challenges of information technology management.

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 1GPE

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Concept explainers

Introduction to Business Messages

Business messaging refers to a variety of channels via which businesses and customers can interact. SMS or text messaging is the most popular method of communication. Shipment reminders, promotional incentives, marketing offers, and scheduled appointments are all things we have dealt with. These are the types of messages we usually identify with business communication. Business messaging can take place on any digital platform where your consumers already spend some time, with the expectation that communication will be two-way. Business messaging brings comfort and simplicity to customers. Customers expect comfort from pre-sales and post-sales engagements with businesses as they do with friends and family. In addition, messaging is the favored method of contacting a firm for 66% of buyers. Here are a few examples of popular business messaging situations.

Question

4. Jay is a senior buyer at an electronics factory. He plans to provide an
orientation training to his junior buyers on the importance of information in
supply chain.
(a) Analyse the characteristics of good information with relevant examples.

(b) Discuss the challenges of information technology management.

answer guidelines

- (a) to analyse characteristics of good information with example

- appropriate, accuracy, accessible when needed

- (b) to discuss the challenges of information technology management.

cybersecurity threat, incomplete data (GIGO), high implementation cost, lack of knowledge/resources

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