Tuesday, 12th September 2018 Global e-business and Collaboration
Tuesday, 12th September 2018: ERP (MIS) So, here I go again with the summary of the second week of MIS subject. As we know, in order to operate, businesses must deal with many different pieces of information about suppliers, customers, employees, invoices and payments, and of course their products and services. Business Processes Business processes are the collection of activities required to produce a product or service. These activities are flows of material, information, and knowledge among the participants in business processes. Business processes also refer to unique ways in which organizations coordinate work, information, and knowledge, and the ways in which management chooses to coordinate work. To a large extent, the performance of a business firm depends on how well its business processes are designed and coordinated. How Information Technology Improves Business Processes Today, information technology can do much mor...