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a) Describe four strategic initiatives that a company can take in order to gain competitive advantage over other organizations. Give appropriate examples to illustrate your answers.
b) “It is important that we should know about Information Systems”. Explain five reasons to support this claim or statement.
Major Topic Blooms Score
TYPES OF INFORMATION SYSTEMS IN THE ORGANISATION Designation 8
AP
c) Describe four strategic business objectives/benefits that organizations can derive from their investments in, and use of, Information Systems.
Estimate the time it will take to complete the fourth unit of a 12-unit job involving a large assembly if the initial unit required approximately 80 hours for each of these learning percentages:�
5. Briefly explain the statements on your own understanding,“Is management a science or an art?” and "Management is as old as history itself."
4.Define the concept of planning and discuss the basic elements/components/
1. Distinguish the three organizational management outcome concepts: those are Productivity, Effectiveness and Efficiency then discuss how is their relationship towards each other expressed?
2. Compare and contrast contributions of the four management approaches with pinners thought and prioritize their relevancy for the development of contemporary management growth?
1. Point out and explain each managerial functions and levels then show their relationship how the time spent by the managers at these different levels on the different managerial functions by using table?
How important is price elasticity in terms of the relationship to the revenue of a business and to the reactions of a business to changes in market conditions(such as covid-19)?
For many years. Tesco (https://www.tescoplc.com/investors) used a balanced scorecard called the Steering Wheel to measure and manage the performance of the organisation. However , in 2013 Tesco reported a 23.5% fall in half year profits: http://www.bbc.co.uk/news/business-24361465 Subsequently , Tesco has stopped using the Steering Wheel and now uses a "Big 6 KPIs " strategy . Discuss why Tesco may have switched their approach away from using the balanced score - card to measure and manage its overall performance , and how the new strategy may be utilised or improved to enhance future business performance . Write in report format and any supporting diagrams or tables should be placed in the appendix . Relevant research material and references should be applied to underpin your analysis . The word count for your Mid Module Assignment is 2,500 words .
Select a research question and point out which factors are the key indicators affecting this issue. The number of factors should not be less than 4.
