Describe at least two benefits of using enterprise systems
What will be an ideal response?
Enterprise systems integrate the firm's key business processes in sales, production, finance, logistics, and human resources into a single software system so that information can flow throughout the organization, improving coordination, efficiency, and decision making. These systems help create a more uniform organization in which everyone uses similar processes and information, and measures their work in terms of organization-wide performance standards. The coordination of the firm's key business processes allows the firm to respond more rapidly to customer demands.
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On December 1, 2017, Galahad, Inc had 200,000 shares of $1 par value common stock issued and outstanding
The next day Galahad declared and distributed a 50% stock dividend. The market value of the stock on December 2, 2017 was $9 per share. Prepare the journal entry for the transaction. What will be an ideal response
Under the BRANDZ model of brand strength, customers who are bonded to the brand believe "nothing else beats it."
Indicate whether the statement is true or false