Key ERP System Components: Finance, HR, Manufacturing & More
ERP System Components
An Enterprise is a group of people which has certain resources under its control to achieve its goals. It acts as a single entity. This single entity is different from the traditional approach. It is an integrated software that combines many small modules to become a large organization. These small modules are the components of ERP. It manages many fields like finances, manufacturing, customers, projects, and more. With ERP systems, we can adapt to
Aircraft Maintenance Shop Operations and FAA Regulations
Introduction
Goals of the Maintenance Shop
- Federal Aviation Administration (FAA) requirements
- Customer Satisfaction
- Profitability
- The ability to recognize and address changing market and technological situations
Changing Issues
- Fractional aircraft ownership
- Technology
- Next Generation Air Transportation System (NextGen)
- General Aviation Revitalization Act (GARA)/Tort Reform
Maintenance Regulations
Federal Aviation Regulations and Guidance
- Part 43 – Maintenance, preventative maintenance, rebuilding, and repair
- Part
Servuction System and Marketing Strategies for Service Firms
Servuction: A Systematic Approach to Service Delivery
Servuction refers to the systematic organization of all physical and human elements within the client-business relationship. This is necessary for realizing the provision of services whose commercial characteristics and quality levels have been predetermined.
Key Elements of Servuction
- The Customer: The consumer involved in the service creation. Their presence is indispensable.
- Physical Support: The material support necessary for service production.
Service Quality, Traceability, and Tracking: Key Concepts
Service Quality and Its Dimensions
Quality: A property or set of properties inherent in something, which can be judged for their value.
Type of service a customer receives consists of:
Technical quality: What the customer receives through their interactions with service companies.
Functional quality: How they move through the technical elements of the service.
The Dimensions of Service Quality
- Reliability: Ability to perform the promised service accurately and consistently.
- Responsiveness: Desire to help
Management Information Systems: A Comprehensive Review for Final Examination
MIS301 Management Information System Final Examination Review
Chapter 7 – Cross-Functional Enterprise System
Many companies today are using information technology to develop integrated cross-functional enterprise systems that cross the boundaries of traditional business functions in order to reengineer and improve vital business processes all across the enterprise. These organizations view cross-functional enterprise systems as a strategic way to use IT to share information resources and improve
Read MoreManagement Accounting vs. Financial Accounting: Key Differences
4 Key Differences Between Management Accounting (MA) and Financial Accounting (FA)
Users
- MA: Internal users like managers and employees at all levels.
- FA: External stakeholders, creditors, banks, etc.
Regulations
- MA: No accounting standards or external rules to apply; generated to satisfy managers’ information needs.
- FA: Must follow accounting standards.
Source of Information
- MA: Both financial and non-financial data drawn from many sources, namely core accounting standards, market, customer, and economic