Author Question: Describe the benefits of using an information system to store vendor and product-relateddata. ... (Read 34 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
Describe the benefits of using an information system to store vendor and product-relateddata.
 
  What will be an ideal response?

Question 2

Organizations create and manage social media (SM) accounts just like typical users.
 
  Indicate whether the statement is true or false



carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

In order to select a vendor, a buyer has to gather data about vendors and products,
make analyses of costs and margins, and store the results of those analyses. If an information
system (IS) is not used to store these results, accessing past records and results will require a
manual search. An IS makes the process of finding reliable data and reports faster and more
reliable, improving the efficiency and quality of the business process.

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library