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Shawn Mchugh commented on the post, Weekly Question #6, on the site 6 years, 2 months ago
Information systems are essential to business processes in a variety of industries. Understanding how systems function at a high level is mandatory for any business person. Regardless of whether you are an MIS major or not, it would be prudent to take the skills and concepts learned in this class and expand on them. In particular, ways to migrate…[Read more]
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Shawn Mchugh commented on the post, Weekly Question #5, on the site 6 years, 2 months ago
Both are very important parts of business development and growth. CRM systems serve an important role in providing efficient and strategic methods to track customer behavior, which provide sales teams valuable data in developing new and maintaining existing relationships. SCM systems are even more critical. Disruptions in a supply chain directly…[Read more]
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Shawn Mchugh commented on the post, Weekly Question #4, on the site 6 years, 2 months ago
Companies like Hulu, Netflix & Amazon Video have changed the way we consume video media and, as a result, altered the industry business model. This impact has been felt hardest by those companies built on the old model. Companies like Blockbuster, RedBox and AMC/Regal are struggling to adapt. The movie rental business is essentially non-existent,…[Read more]
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Shawn Mchugh commented on the post, Weekly Question #3, on the site 6 years, 3 months ago
The collection of accurate data is critical to the primary duties and functions of accountants. Often, accountants are analyzing data from an enterprise level. There are a variety of different departments and entities collecting raw data and need to store it efficiently. ERP systems allow for collection of this raw data in a uniformed and secured…[Read more]
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Shawn Mchugh commented on the post, Weekly Question #2, on the site 6 years, 3 months ago
A decision tree can be useful for deciding the cost benefit of manufacturing a product. It would be helpful in assessing the profit margin, competition in the marketplace, supply chain logistics and beyond. The more inputs included in the tree, the more useful it will be to the end user. If the decision is made to move forward and start…[Read more]
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Shawn Mchugh commented on the post, Weekly Question #1, on the site 6 years, 3 months ago
A fact that I found interesting was “a weeks worth of New York times contains more information than a person was likely to come across in a lifetime in the 18th century.” This is proof that one of the major benefits of technology advancement is the power to move information from one source to another. As a result, it is important society is…[Read more]