Enterprise Resource Planning A thesis statement is used to define the objective of the study. It shows what the study is about and gives the reader direction. It also helps in limiting the scope of the study. The statement is usually included at the end of the first paragraph in every study. Enterprise Resource Planning refers to the act of a firm adopting business software, which helps in running the operations of the company more swiftly. The business software could include systems such as decision support systems, management information systems, and expert systems (Robertson, 2020). The systems help in making work easier for the employees as they store the data and keep it organized. The company also needs to ensure that it gets the right system depending on its needs. This study discusses the issue of not having an enterprise resource system in the organization, challenges in applying the resource system in the organization, post-implementation benefits, and future recommendations for the company. Issue of Not Having Enterprise Resource Planning in The Organization Some companies may choose not to have…
Keda’s SAP ERP Implementation Question #1 Keda’s silo model was aimed at fostering entrepreneurial culture and innovation. However, it affected its business negatively, due to the redundancy among its business units. This increased cost and further minimized business efficiency. The fragmentation of information hindered business managers from making holistic and strategic decisions (Fung et al. n.p). Also, the managers were not capable of assessing cost accurately, and the purchase orders correctly thus had to rely on their experience. This challenge made Keda struggle to struggle in meeting the market demand due to its sub-optimal use of assets. Moreover, in 2004, Keda opened multiple productions and diversified its product lines and business. Keda implemented a new IT solution after the failure of the Manufacturing Resource planning (MRP-II) system in handling multiple plant operations, and the lack of the system software support in maintenance. Keda was further driven to adopt ERP due to the Chinese government pressure, which wanted the company to adopt IT and further computerize their processes, in order to make Keda compete effectively against other foreign firms. Besides, Keda’s…
My Passion I do care about my passion because it drives my motivation. It is through the passion that I feel fulfilled, and it gives me a reason to keep learning. Working towards mastery to what I am passionate about is quite easy. Developing confidence in the workplace can only come easy if I love the job. Work plays a vital role in my life, but I also prefer an enjoyable kind of life without work pressure all the time. I believe that I can only be competent when I enjoy doing my work, and I have ample time to enjoy my life even with the money I make. Work-life balance is therefore critical for me because the family time, just like the work, is also essential. I want to live a life that my family and friends also enjoy because I can always spend time with them. The opportunities that excite me are those that make me discover exciting facts about my passion. They are those that enable me to make money while doing what I love and enjoy…
8 RELIABLE SOURCES TO LEARN ABOUT BUDGETING Budgeting is a process whereby individuals, companies, or the government formulates a plan on how to implement its expenditure. The expenditure plan, in this case, is the budget. A budget helps to determine whether your expenses can be comfortably balanced with your income. If your income and expenses don’t balance, then you are likely to be either in a problem or doing well. When your expenditure supersedes income, you are likely to get into debts to cover the extra costs. Sinking deeper into debts is not such a prudent idea. Whereas, if your income is more significant than your expenses, then you are likely to make savings with the extra money on top. It is advisable to always pay yourself a coin first, before paying up those expenses. This means, for any money you receive, you have to plan on saving some percentage of it. Money is a limited resource. Therefore, planning and prioritizing your purchases and spending would help a long way from getting into debt. Importance of budgeting First and foremost,…
CAUSATIVE FACTOR ON FATIGUE LEVELS IN COPPER AND GOLD ORE MINE PROCESSING WORKERS ABSTRACT Fatigue has a significant impact on the economy of a region. This is because it leads to absenteeism, decreased productivity, health costs, and accidents. It is a complex thing, primarily caused by 2 factors, including fatigue related to work and not related to work. The purpose of this study is to determine the factors associated with the fatigue level in copper and gold ore processing workers. It uses a cross-sectional design with the Industrial Fatigue Research Committee (IFRC) questionnaire to measure the fatigue level and The Pittsburgh Sleep Quality Index (PSQI) of 260 respondents who work in the copper and gold ore processing firm. The results showed that 1 worker (0.4%) experienced severe fatigue, and 12 workers (4.6%) moderate, 243 (93.5%) mild fatigue, while only 4 (1.5%) were not affected. Additionally, there is a significant relationship between fatigue levels with sleep quality. In conclusion, poor sleep has the potential to increase fatigue in workers. Companies need to provide training related to the management of fatigue…
Tesco firm paper Introduction Tesco is a multinational firm that deals with grocery products and general merchandise. It is a British firm that has headquarters in Welwyn Garden City, Hertfordshire, in the United Kingdom. The company is one of the leading retailers, as indicated by its gross revenue. It is a multinational company since it has outlets in various countries such as; Thailand, Hungary, Ireland, the United Kingdom, and in some countries in Asia and Europe. The main aim of the company is to satisfy the needs of the company by offering quality goods at a reasonable price. Tesco offers various products and services to the customers, which include; banking, insurance, and online banking. Tesco takes part in an employee’s development to ensure that they have the appropriate skills to carry out their duties effectively. The company recognizes that motivating employees is a crucial success factor, and therefore, it improves their skills and knowledge through training and education. The paper will focus on the strategic marketing analysis of Tesco. Mission The mission statement of Tesco is “creating value for…
Mountain monkey business Mountain monkey business is a jewelry and clothing line company that is ready to grow in marketing and sales across the globe. With this initiative, key stakeholders come into play to gain more customers, thus achieving higher sales. These stakeholders include Mountain Java, Mountain Monkey Business, McCall Chamber of Commerce, and Social Media Manager and Event Coordinator. Therefore, this paper talks about the roles of these partners in each event. In event planning and management, stakeholders play a significant role in achieving a well-established phenomenon, and Mountain Monkey Business as a client is not an exception in this case. Mountain Monkey Business acts as a resource provider, primarily that they will cater for the cost of all activities in the concert. As depicted in the proposal, an estimated amount of $2,500 will be used to purchase a hundred wine tumblers, logos, among other things in the event. Mountain Java, on the other hand, as a stakeholder, acts as a partner to Mountain Monkey Business. In this regard, the partner offers direct management, especially in donating a bottle…
HOW CAN LOANS MAKE YOU TONS OF CASH? HERE’S HOW Borrowing money for investments could be your way out of poverty. Using your borrowed money to multiply its worth and increase the profits could be your shot at making tons of money in the end. Gearing is a strategy commonly used to turn loans into a lucrative investment. How is gearing done? These investments will ultimately bring you your most sought success goals if wisely invested and made to operate above their deductions. An investment is only a success if its output is more than all the deductibles, including taxes, loan interest rates, etc. therefore, the investment returns ought to be higher than the capital invested. To realize maximum returns on loan investment, it is recommended that you should invest your financing in a share or property investments. This is because; these assets can bring you assessable income in the long run because of their tendency to grow in value over time. Gearing loan options Here are some loan options you can take to off start your dream gearing project.…
Role of the Department of Homeland Security in securing the critical infrastructure The United States will be majorly hit by a coordinated attack that might paralyze the normal operations of its critical infrastructure. The commercial ventures, along with the government agencies, would be severely hit, and the basic IT infrastructure of the firm shall be affected. The issue is severe as the attacks would be organized by China, one of the technologically advanced and powerful nations. The attacks have a direct impact on the satellite communications of the nation, and it will limit the DOD’s communication with agencies located overseas. The vital mission of DHS is to safeguard the Americans and secure the nation from constant threats by strengthening cybersecurity and responding to emergencies within the stipulated time. It is one of the federal agencies of the United States, and apart from border control, aviation security, and emergency response, it can play a vital role in preventing constant threats from China as well. Therefore, in order to deal with a probable attack, following steps can be taken- The secretary of…
Who Else Wants to Pick the Perfect Engagement Ring? Congratulations! You’ve finally found your better half. Finding someone to love is beautiful, and being loved in return is magical. To make your love for pure bliss, brace yourself for these 4 bits of expertise on finding the perfect engagement ring. It will convince your love and, getting a “yes” will be a breeze. YOUR ONE-AND-ONLY’S TASTE This ring is most likely to be worn forever. Therefore, keep in mind what your partner loves. You can snoop through their phone to see if they have any saved pictures of rings. This gives you a perfect picture of what they would probably love. Alternatively, ask your partner’s close allies-a trusted friend for a second opinion and ask them not to spill the beans. YOUR PARTNER’S RING SIZE Resizing a ring can be a very hard task. It will mean cutting it out and then closing the gap or addition of more metal. Buying the right size should be done word go. To sneakingly determine the size of your partner’s ring,…