Assignment Details"For over fifty years, computing technology has been a part of business. Organizations have spent trillions of dollars on information technologies. But has all this investment in IT...

WRITTEN ASSIGNMENT        3
WRITTEN ASSIGNMENT
Table of contents
Business Process and an ERP Process    3
Porter's Five Forces and how they show a company's competitive advantage    3
What is the value chain, and why is it important? Examine ERP and how it can create efficiency within a business.    5
The cons of an ERP    6
Roles people play in the use of information systems    6
ERP and information systems roles are important to an organization's competitive advantage    7
References    9
Business Process and an ERP Process
    Business process documentation is a crucial part of a very much-run organization. To ensure that an organization's process is fathomed, followed, and finished, documentation is essential (Bruijl & Gerard, 2018). A business process is a collection of steps taken by staff members or different persons inside an organization to accomplish a specific goal. A business process may be thought of as a group of tasks that are planned by management and then carried out by employees to carry out their daily job. These acts accomplish certain goals like meeting deadlines, reducing costs, or improving customer happiness. Reporting a business process will allow auditors and other outside parties to utilize it as proof when evaluating the success of an association's actions. An ERP system is a collection of software programs used to control an organization's administrative center operations (Rivera Silva, Vargas Reyes & Bohórquez Arevalo, 2019). It speaks to organization operations, including stock control, bookkeeping, and sales. ERP systems are made to assist businesses in sorting out the distribution and collection of information. A data model is first made, and planning an application that addresses specific business objectives is then used. Its technologies are designed to give consumers an intensive understanding of information about their companies and empower them to instantly get any relevant data.
Porter's Five Forces and how they show a company's competitive advantage
    A method for examining an organization's competitive environment is called Porter's Five Forces (Juliana & Nyoman, 2019). Porter's Five Forces is a well-known framework for analysing the competitive variables that impact several business sectors. It was developed in 1979 by Harvard Business School professor Michael E. Porter, and it has since evolved into a vital managerial tool. By influencing the number and strength of competitors on the lookout, potential new market entrants, suppliers, consumers, and substitute goods, these variables have an impact on an organization's productivity. A Five Forces analysis may be used to guide the business strategy in order to increase competitive advantage. Five factors are at work –
· The first of the Five Forces is competition in the industry, which refers to the quantity of competitors and their capacity to weaken a corporation. As the number of competitors and the number of comparable products and services they provide rises, an organization's power diminishes.. In the event that a competitor can give a more ideal arrangement or less expensive rates, suppliers and customers will shift focus over to them. Then again, when there is less competition, a business has more clout to characterize its own terms and set higher evaluations to increase sales and profits.
· The ability of New Entrants into an Industry - An organization's strength is also impacted by the ability of new entrants into a market (Bruijl & Gerard, 2018). The more quickly and cheaply an adversary enters a...