Question

In: Accounting

What role does AIS play in a company’s value chain?

What role does AIS play in a company’s value chain?

Expert Solution

Value is provided by performing a series of activities referred to as the value chain. These include:

Primary activities

Support activities

Primary activities include:

Inbound logistics

Operations

Outbound logistics

Marketing and sales

Service

Support activities include:

Firm infrastructure

Human resources

Technology

Purchasing

Information technology can significantly impact the efficiency and effectiveness with which the preceding activities are carried out. An organization’s value chain can be connected with the value chains of its customers, suppliers, and distributors.

AIS can add value to an organization by:

a. Improving the quality and reducing the costs of products or services

b. Improving efficiency

c. Sharing Knowledge

d. Improving the efficiency and effectiveness of its supply chain

e. Improving the internal control structure

f. Improving decision making

g. The factors influencing a design of the AIS are organizational culture, business strategy, information technology.

h. The AIS and Corporate Strategy

ekkarill92 answered 1 year ago

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