Information Systems: EDP, ERP, CRM, MIS, ES, DSS, EIS, and BI
EDP, ERP, OAS: Output Results and Operational Involvement
Electronic Data Processing (EDP), Enterprise Resource Planning (ERP), and Office Automation Systems (OAS) are able to produce output results, whether they are the result of online consultations or the programming of periodic reports. Also, they imply a great involvement of the core operation workers. Their effectiveness will depend on the level of training of the employee in charge of data entry, the periodicity of such entry, and the discipline
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Marketing: Creating Value for Customers
Marketing is a set of processes for creating, communicating, exchanging, and delivering offerings that have value for customers.
Benefits of Marketing
- Adds value for the customer
- Supports company branding
- Identifies opportunities and trends
- Facilitates precise decision-making
- Helps monitor competitors
Market Research: Understanding Your Target Audience
Market research is when an organization performs research on an intended market for expansion or to launch new products.
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