Business Proposal Essay Example | Topics and Well Written Essays - 250 words - 1

Business Proposal - Essay Example SCM ensures effective and efficient integration of the several supply chains; for example, suppliers, wholesalers, retailers, manufacturers, and customers. CRM enables businesses to practice proper relationships with stakeholders in sales, marketing and service; for instance proper communication with current or potential clients. KMS ensures effective and efficient collection, organizing and dissemination of business information; for instance, end year financial statements. The MIS has several importances. Firstly, the technology ensures businesses achieve competitive advantage. This enables the organization to perform operations better, cheaper, uniquely and faster; in comparison to competitors. Secondly, MIS enables the companies to analyze their strengths, weaknesses, opportunities, and threats (SWOT). This is because of adequate financial reports, and also employee performance trends (O’Brien, 2009). This analysis ensures that the organization improves the processes or operations of the business. Systems development is applied in creating information systems that address business problems. System development includes several processes; system analysis, design, implementation, production, and maintenance (Joshi, 2009). System conversion entails changing old information system, to current information