EXPERIENCING MIS (LL)
18th Edition
ISBN: 9781323804629
Author: KROENKE & BOYL
Publisher: Pearson Custom Publishing
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Expert Solution & Answer
Chapter 3, Problem 2UYK
a.
Explanation of Solution
Comparing the value chains of the two business with regards to the management of bicycles:
In low cost business, the cycles which has been already used are acquired on cheaper cost. It takes less maintenance charge and minimal care should be taken to run the bicycle smoother. If the bicycle is damaged, it should be disposed and can’t be remodeled again.
In high cost business, the cycles are acquired from the quality oriented manufacturer...
b)
Explanation of Solution
Business process for maintaining bicycles for both business:
Maintenance for low-cost rental:
They will notproceed their maintenance work till they get the complaint from the customer...
c)
Explanation of Solution
Business process for acquiring bicycles for both the business:
The low-cost rental business uses the cheap bicycle parts. So, the sources used in the bicycle will not retain for more number of years...
d)
Explanation of Solution
Business process for disposing of bicycles for both businesses:
The low-cost rental bicycles are used till they break down completely. Once it is break down, the disposal of bicycle should be taken...
e)
Explanation of Solution
Roles seen in the
The information system for the low-cost rental will be quite simple and the index card will be allotted for each shoebox...
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Students have asked these similar questions
Take a look at where you fit in the value chain. Why do we need a value chain if everything is already so expensive?Exactly what is it that you do? If you were a link in the value chain, how would you communicate with the other links? Is there a way to measure the value chain's effectiveness?
Your mission is to visit a "Mam and Pap" convenient store and observe how they do business. Then using your skills and abilities along with all of the spreadsheet functions and formulas you would have learned in this class, decide how best you can help them perform their daily regiments better.
Some ideas to consider are:
1. Better ways of controlling their inventory
1. Marketing strategies
3. Salary payment
4. Labelling and pricing of items/goods.
5. Store layout
Project 2 instructions are as follows:-
Your mission is to visit a "Mam and Pap" convenient store and observe how they do business. Then using your skills and abilities along with all of the spreadsheet functions and formulas you would have learned in this class, decide how best you can help them perform their daily regiments better.
Some ideas to consider are:
1. Better ways of controlling their inventory
1. Marketing strategies
3. Salary payment
4. Labelling and pricing of items/goods.
5. Store layout
Is there any possible downside to using a business-to-customer model? Explain.
Chapter 3 Solutions
EXPERIENCING MIS (LL)
Ch. 3.6 - Prob. 1SWCh. 3.6 - Prob. 2SWCh. 3.6 - Prob. 3SWCh. 3.6 - Prob. 4SWCh. 3 - Prob. 1EGDQCh. 3 - Prob. 2EGDQCh. 3 - Prob. 3EGDQCh. 3 - Prob. 4EGDQCh. 3 - Prob. 1ARQCh. 3 - Prob. 2ARQ
Ch. 3 - Prob. 3ARQCh. 3 - Prob. 4ARQCh. 3 - Prob. 5ARQCh. 3 - Prob. 6ARQCh. 3 - Prob. 1UYKCh. 3 - Prob. 2UYKCh. 3 - Prob. 3UYKCh. 3 - Prob. 4CECh. 3 - Prob. 5CECh. 3 - Prob. 6CECh. 3 - Prob. 7CECh. 3 - Prob. 8CSCh. 3 - Prob. 9CSCh. 3 - Prob. 10CSCh. 3 - Prob. 11CSCh. 3 - Prob. 12CSCh. 3 - Prob. 13CSCh. 3 - Prob. 14CSCh. 3 - Prob. 15CSCh. 3 - Prob. 16CSCh. 3 - Prob. 17MLMCh. 3 - Prob. 18MLM
Knowledge Booster
Similar questions
- Use as few words as necessary to describe what a "balanced scorecard" is. How does it relate to the functioning of a business?arrow_forwardTake into consideration where you are in the value chain. What function does the value chain attempt to fulfill?Then, could you tell me what it is that you do? How do you work with the many different organizations in the supply chain? Could you elaborate on the metrics that are used to evaluate the performance of the value chain?arrow_forwardLook at where you fit in the value chain. How does the value chain work?What do you do? How do you work with the other people in the chain? How do you measure how well the value chain works?arrow_forward
- Let's pretend you own a successful landscaping company with hundreds of regular clients in your neighborhood. To set up your customer relationship management system, you must first decide what information to collect from your customers. Is there a way to improve service or make money with this information?arrow_forwardDraw an Enhance ER diagram for the given situation. (20 points) A non-profit organization depends on a number of different types of persons for its successful operation. The organization is interested in the following attributes for all of these persons: SSN, name, address, city/state/zip, date of birth and telephone number. The organization also needs to know the age of the person in any given time. Three types of persons of greatest interest to the organization are employees, volunteers and donors. For each employee, date of hiring is needed while for the volunteers, their skill is also gathered. Donors only have a relationship (named Donates) with an item entity type whose attributes include item_no and description. The date of donation of the item is also recorded. A donor must have donated one or more items, but an item may have one or more donors or no donor at all. There are persons other than employees, volunteers or donors who are of interest of the organization, so that the…arrow_forwardThink about where you fit into the value chain. What does the value chain serve?In other words, what do you do? In what ways do you interact with others throughout the supply chain? If the value chain is supposed to be efficient, how is its effectiveness evaluated?arrow_forward
- Q1- Considering the impact service can have on retention, do you agree that customer-centric companies are more profitable, Justify your answer with at least three reasonings?arrow_forwardIn as few words as possible, please explain the meaning of the phrase "balanced scorecard." What exactly is the connection between something like this and the day-to-day running of a business?arrow_forwardList the six main organization types. Is your theory researchable? Is there a better job candidate? (I assume your idea involves an online swap meet for pre-owned items.)?arrow_forward
- Considering whether or not to consider trade-offs between storing products at a greater number of locations in different areas against transporting products long distances to clients, should management take this into consideration? What is the reason for this or how did it happen? Could you please explain and share some examples?arrow_forwardDraw the ER/EER model for the given scenario. Manufacturer have unique name, an address, and a phone number. Products have a product_id, a name and price. Products may be classified into electronics and grocery. Electronic products have description, type attributes. Groceries have fssai_number, date_of manufacture, date_of_expiry. Each product is made by one manufacturer, and different manufacturers may produce different products.. Customers are identified by their unique social security number. They have email addresses, and physical addresses. Several customers may live at the same (physical) address, but we assume that no two customers have the same email address. An order has a unique order number, and a date. An order is placed by one customer. For each order, there are one or more products ordered, and there is a quantity for each product on the orderarrow_forwardIs it your opinion that customer-centric organizations generate more revenue, given the potential influence that service has on customer retention? Give me at least three justifications for your response.arrow_forward
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