ITM 305 Lecture Notes - Lecture 2: Work Breakdown Structure, Cheque, Net Present Value

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Ans 6: there are different reasons why an information system is important for a company and should be used by you jewelers: The people of you jewelers can have immediate access to appropriate information regarding particular tasks. You jewelers can have information customized to different positive and negative scenarios that they could face in the future. For example, they could have information related to their rapid growth strategies. This could include information related to company"s specific departments including productivity, sales or expenses etc. You jewelers will find it easy to transfer data/information internally and externally. Ans 2: work breakdown structure (wbs) is very important for every company. With this schedule the companies can make a list of the various current/pending tasks that need to be completed. In the list, time can be allotted within which a task has to be completed.

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