12/26/2019 0 Comments
Functional Systems - Case Study Example Basically, the Lynx Company is using the sales information system. In this scenario, this system collects sales data to help the company monitor sale transactions and to help the management understand the status of their organizations, whether their business is running in profit or in loss (Shah, 2009; Beaubien, 2013). The system has been a great success for the company and some of the reasons behind this success are outlined below: 1. The system is designed for a particular purpose (e.g. Sales system). So it specifically deals with sales functions and minimizes confusions with other departments. It is easy for the sales department to understand the functions and carry put tasks effectively using this system. 2. As discussed above, this system is an isolated system. In this scenario, it is not connected to any other system such as human resource system or decision support system. So it is much easier for staff members to operate it independently without requiring the data from other departments. 1. In view of the fact that this functional system is based on a particular function (e.g. sales system) so the flow of work and information between other departments can suffer. For instance, it can be difficult to connect this system with other systems such as decision support system or human resource systems. Or in some cases there can emerge various data integration issues (Beaubien, 2013). 2. Since this functional system operates over the Internet so information security can be a serious challenge. The system can face security attacks from hackers. In addition, the system can also face virus attacks which can destroy the entire data (Henderson, 2013). 4. In order to perform accurate working there would be need to train the staff members. Since this system deals with money matters so a small error can cause serious loss for the company. In this scenario, they must train their staff members so it is an extra burden on the company (Henderson,
12/19/2019 0 Comments
Ford Competitors Analysis - Case Study Example Toyota is the main competitor and specializes in making simple but reliable cars. The latter also has a wider global market as compared to Ford, which mainly operates in six continents. However, Ford Company has a credit company that aims at giving financial services hence diversifying its operation. The companyâ€™s financial services earn more income as compared to the ones by Toyota. In vehicle production, Ford has an advantage over Toyota in the production of smart and electric cars (Edmonston, 2012). Ford operations have been restricted due to the governmentâ€™s stringent penalties on emission standards. Toyota and General Motors have invested heavily in waste containment and hence they are able to produce more. This also gives them easier access to government funding and subsidization on raw materials. Ford has been investing in the production of smart cars including Lincoln and Ford cars, which are fairly new to the global market. This has led to the production of excess capacity as compared to Toyota and Honda that mostly has a ready market. Ford has produced Fiesta, which is a smart car that is developed using Ford SYNC technology. However, Chrysler has also been actively involved in the use of R&D capabilities to produce Dodge Charger and Chrysler 300 (Vlasic, 2012). The latter models compete with Lincoln and Ford cars with the new Chrysler Dodge Dart competing with EcoSport in capabilities and fuel efficiency. Chrysler is known to produce quality sports cars, which is a setback for EcoSport (Crisp, 2012). General Motors is also involved in the production of mini and electric cars also using R&D capabilities to supply its large global market position. Disparate with Ford, Toyota, and Chrysler, General Motors has a range of hybrid electric cars developed using multiple technologies. Its Opel Ampera and Chevrolet Volt are the main competitors for Lincoln and Ford cars (Vlasic, 2012).Â
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