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How can a well-designed AIS improve the efficiency and effectiveness of a company's value chain?

A) Facilitating real-time tracking and management of inventory
B) Expanding the company's social media presence
C) Automating employee scheduling processes
D) Enhancing office aesthetics and ambiance

1 Answer

2 votes

Final answer:

A well-designed AIS improves a company's efficiency by enabling real-time inventory management, automating employee scheduling, and reducing overhead in international trade. It also supports labor rights and enables global team management.

Step-by-step explanation:

A well-designed Accounting Information System (AIS) can improve the efficiency and effectiveness of a company's value chain in several ways. Facilitating real-time tracking and management of inventory can lead to reduced costs and improved customer service by ensuring the right amount of inventory is available when needed. Furthermore, automating processes such as employee scheduling can save time and reduce human error, contributing to increased productivity within the organization. Additionally, by integrating finance through international trade, companies can streamline transactions and reduce administrative overhead. It's also important to address the role of AIS in fostering labor rights and workplace policies, as well as leveraging advancements in communication to aid in remote management and collaboration across global teams. Enhanced efficiency and productivity are some of the intended positive aspects of these improvements, which ultimately help industries stay strong and competitive.

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