ALIhasn commercial bank is one ofthe leading commercial banks in theArab world. The bank has purchaseda new software that allows customersupport employees to test differentloans scenarios and examinedifferent options in order to provide aclear and solid based advice for itsclients. Thus, this software is anexample of *Customer relationship marketingSupply chain managementDecision support systemInformation system Infrastructure

The use of software is quite pervasive in the banking industry. Apart from providing the digital…

Answered: Thus, this software is an

Business

Management

Thus, this software is an

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: owned by various food businesses. In Canada the brand is owned by Mondelēz International, whilst in…

A: When endeavoring to work with far off business activities, quite possibly the main advances is…

Q: consideration that must be made before implementing an ERP system

A: The answer is as below:

Q: The latest trends in system development methodology

A: It is a methodology for efficiently putting together the most ideal ways to develop systems…

Q: An Integrated Information System (IIS) is defined as the process of bringing together the component…

A: An Integrated Information System (IIS) provides the business competitive advantages and supports in…

Q: The importance of software architecture and design makes it imperative to place a premium on these…

A: The software development process is crucially dependent on software architecture and design. They…

Q: The Windows operating system’s executive modules are components designed for specific system…

A: The Windows operating system’s executive modules -Windows NT executive is a set of modules within…

Q: Explain why it is important for systems analysts to document user requirements.

A: User requirements state the needs and activities of the users that they want to perform on the…

Q: Jeremy Aronoff has purchased a new laptop. He wants to customize the operating system to meet his…

A: Some of the tools that can be helpful for Jeremy Aronoff in order to customerize his newly purchased…

Q: Explore the ethical considerations and legal implications in developing and deploying software…

A: For any product or services, it is important for the business to look into the ethical and legal…

Q: Systems Development Life Cycle Like anything that is manufactured on an assembly line, a systems…

A: A project is a series of interdependent tasks that helps in accomplishing business goals. It sounds…

Q: Find three different companies that adopted different international corporate-level strategies:…

A: I pick Apple,TCS,Amazon

Q: Does your ERP system implementation plan include all of the necessary steps?

A: Enterprise Resource Planning : Enforcing an ERP (Enterprise Resource Planning) system for the first…

Q: Discuss the challenges of gathering and managing requirements in large-scale software projects. How…

A: Gathering and managing requirements in large-scale software projects is a complex and critical task.…

Q: Discuss any three ways in which an ERP system can prevent or minimise fraud in a company

A: ERP stands for enterprise resource planning that is used an organization for integrating and…

Q: From the perspective of the department head of a sales department, a) Suggest ONE advantage and ONE…

A: The use of ERP solutions (business process re-engineering) and systems has increased. New technology…

Q: What is ERP?  ERP System Configurations  Data Warehousing  Risks Associated with ERP…

A: ERP refers to Enterprise Resource Planning that contains systems and software which can be used for…

Q: Many firms' e-commerce activities are built on the basis of an e-commerce process architecture,…

A: Information design (IA) could sound boring however it’s an important element of eCommerce and helps…

Q: Who precisely are "accelerated filers," and how are they selected (based on revenue or employee…

A: The status of being an accelerated filer is a significant factor for publicly traded companies in…

Q: Mr Nzimande owns a store that supplies purified water. His business has been rather successful of…

A: 1. Intention to create legal relations: For an agreement to be enforceable and legally binding, both…

Q: Figure out the core responsibilities and organizational objectives that are common to all TPSs.

A: Transaction Processing Systems (TPSs) are designed to support the core operations of an organisation…

Q: A typical system development process consists of multiple phases, each with a distinct

A: Software Development Life cycle(SDLC) defines the way to improve quality and the development of a…

Q: Describe the role of software product managers in the development and marketing of software…

A: Software products are digital applications or systems created to fulfill specific tasks or functions…

Q: Explain why data flow diagrams are so important in the systems development process.

A: Dataflow is defined as the entire process of data movement that is mapped as it passes from one…

Q: Question: What are the different common reservation amendments and revisions?

A: A reservation is a contract between a hotel and a guest, according to which the hotel must provide…

Q: Describe the challenges that can occur when assembling a device from its constituent parts. What…

A: Printed circuit sheets (PCBs) are the "minds" of electronic gadgets. A PCB contains conductive…

Q: can you explain how Lyft is horizontally integrated?

A: Horizontal integration may be quite helpful for two firms. This often occurs when two firms…

Q: Do mixed-model sequencing's advantages outweigh its disadvantages

A: The mixed-model formula provides appropriate in situations where the resource exhibits a high degree…

Q: How does the Distributor make payments to the company in Nestle - PDC, RTGS?

A: An organization's distributor payments terms depend on many factors. These factors mainly are the…

Q: Explain how client internal controls can be improved through theproper installation of IT.

A: Proper installation of IT aids in the improvement of internal controls as machine-based systems may…

Q: 5. How do you manage an accident when an incident occurs? What do you do initially? 6. How do you…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: (1) What are the three most common core components of 1st generation ERPs? Group of answer choices…

A: Enterprise resource planning can be defined as a process which is used by the organizations to…

Q: What is keystoning?

A: The term "keystone" basically signifies that if a product costs $50, the sale price will be $100.…

Q: Is Maven a dependency management and build automation tool that was built upon the concepts…

A: No, that statement is not accurate. Maven and Gradle are both build automation and project…

Q: From the perspective of your the human resource department and management (tactical) level, discuss…

A: SOLUTION: ERP, at its core, is a software application that automates business processes and…

Q: Why do companies prefer standardization over customization in opration

A: Product standardization ensures uniformity in certain features or designs of the products.

Q: This is the agreement to be bound by the terms of the contract. O acceptance ○ offer O consideration…

A: Within the field of contract law, the establishment of a legally enforceable contract depends on the…

Question

ALIhasn commercial bank is one of
the leading commercial banks in the
Arab world. The bank has purchased
a new software that allows customer
support employees to test different
loans scenarios and examine
different options in order to provide a
clear and solid based advice for its
clients. Thus, this software is an
example of *
Customer relationship marketing
Supply chain management
Decision support system
Information system Infrastructure

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions

It is important to look at the version, variant, and configuration object management capabilities of an SCM solution.
What is the difference between delimitations and limitations?
As a response to COVID -19 issue, Kurmitola General Hospital, Dhaka, has started treating coronavirus patients since last month. Healthcare workers are on the frontline toward the COVID-19 response. Two volunteers from North South University intend to join in Kurmitola General Hospital to assist the medical team. Since they do not have any technical knowledge, they will be helping the team with activities like registering the patients, providing initial information about treatment, collecting samples, etc. As the manager of this hospital, you must arrange training for these volunteers to enhance their skills and willingness to work. Therefore, list and briefly explain the steps you will follow to train these individuals. How would you measure the effectiveness of the provided training?
An Integrated Information System (IIS) is an information system that makes extensive and intensive use of Information Technology and Communications (ICT) to integrate and centralize the management of information within an organization. (a) Describe five (5) benefits of an Integrated Information System (ISS). (b) An ERP solution is an integrated business system that provides a company with the decision support tools needed to effectively manage and grow its business. Describe five (5) common mistakes that can lead to poor ERP selection.
When it comes to computer programs, what exactly is SCM and why is it so crucial?
What exactly is PLM? What is the relationship between it and other business software?
What were the benefits of batch processing versus time sharing before it became the norm?
Acquire a working knowledge of the fundamental components of ERP systems and buying databases.
Many companies' e-commerce activities are built on an e-commerce process architecture, which has nine key components. At least 5 procedures should be included, and each process should be discussed in full.
Explain the concept of reverse engineering in 3D printing and its implications for intellectual property protection.