Question

At what point in the planning process would you expect accounting/ finance marketing, information systems, and operations to play a role? What inputs should these areas provide, and why?

Answer 1

ANSWER :

In the planning process accounting,finance would play a role In the initial stage and at the end stage because of the following reasons :

1. Through strategies like NPV and IRR, we will become more acquainted with the practicality or the normal benefit of the task.

2 . Through strategies like the expense of capital, the expense of raising obligation and value can be determined which is significant in figuring the expense of getting.

3. Through financing, numerous different activities can be assessed.

4 . At long last, at long last, the incomes from the venture would be recorded through bookkeeping.

5 .   Accounting  would be utilized for the development of the budget summaries of the task.

Marketing would be usedfrom the starting too because of the following reasons :

1.   It would help in understanding the need of the intended interest group.

2. It would help in knowing the item determinations.

3. At long last, it would help in making client mindful about the item.

4. Finally, it would help manufacture relations through after-deal administrations.

Information system would be needed from the execution stage because :

1. Information system, for example, ERP would be required from the execution stage.

2. It would help connect the endeavors of the considerable number of divisions. I

3. It would help in the endorsement of requests from the providers.

4. It would help in creating routine reports at the hour of execution.

Operations would be needed from the execution stage because :

1. It would help in smooth out the procedure to make it deformity free.

2.   It will help in choosing the time required for conveyance of the task by setting up a basic way.

3.   It will help in the base up cost investigation.

4. Finally, it would help in creating items which have no deformities and are of high sigma level.

Note : if you like my work please give an upvote.