Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the Business, the IT solutions are a demand predictor solution to make predictable and accurate demand predictions. This solution will add value by forecasting

In the Business, the IT solutions are a demand predictor solution to make predictable and accurate demand predictions.

This solution will add value by forecasting potential product revenue and mobilising resources to meet the sales figures. The system's projected cost is $60,000. After sales service, the service will be complete, including repairs, updates and product training offered by the Software Provider.

The system's goal is to make sure the organisation stays successful and prepared for the future.

Objective include:

More detailed estimates of revenue.

Improved distribution of capital.

Improved trend visibility and coordination of the industry.

Finally, the organisation needs to understand how it can accomplish its long-term strategic objectives through the use of tech.

The training curriculum will include:

  • The sales force to use the new software is educated.
  • Basical mathematical and analytical preparation to understand the inputs and outputs to get as much out of the programme as possible.
  • Executive level instructions to consider and then use software production to take strategic decisions.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management Theory And Practice

Authors: John A. Parnell

4th Edition

1452234981, 9781452234984

More Books

Students also viewed these General Management questions

Question

What is appealing to customers about ordering online?

Answered: 1 week ago

Question

Food supply

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago