Human Resources
Human Resources are essential to any enterprise because it allows fortraining and development of employees. According to an article found inthe Journal of Business Management, human resources are essential tomaintaining the competitive advantage. The article also explains, "humanresources (defined as the total pool of human capital under the control ofthe firm) have the highest probability (among all resources) of being thesource of sustained competitive advantage for the firm. This is becausehuman resources are more likely than other resources to be inimitable andnon-substitutable, as well as being valuable and rare (Wright, McMahan &McWilliams, 1994)." (Fleet et al 2001) Indeed, human resources are vital
The benefits of having such a system include great efficiency andcost effectiveness. (OSullivan1996)Enterprise Resource Planning Enterprise resource planning is designed to handle all the needs thatarise in an enterprise. As a result of expert systems, computers can explore problems using verbal and/or qualitative analysis as well as the more traditional quantitative data- only reasoning. The early applications were originally termed "expert systems" because they were intended to approach problem solving and analysis in a similar manner, and with similar results, as that of human experts. " (Yi 2002) ERPsystem have been utilized by the government and enterprises of varioussizes. One of the most popular uses for data warehousing isto track consumers and their spending patterns. (Foltin and Smith 1994)Warehousing Many enterprises utilize data warehousing to keep track of variousaspects of business. Accounting systems allow e-businesses to keep track of the financialaspects of business. The article explains, "Expert systems are a revolutionary approach to integrating computers into the management decision-making process. Thearticle explains,"Enterprise resource planning systems (ERPs) offer a comprehensive solutionto an organization's systems needs. (OSullivan 1996) Awarehouse is essential to an enterprise because it allows them to maintainrecords in a way that is easily acceptable and cost effective. An article foundin the CPA Journal explains that this software was once called expertsystems. According to an articleentitled "Data Warehousing without the warehouse" explains that a datawarehouse is a sophisticated version of a database. However, the individuals thatoperate accounting systems must be adequately trained and have theschooling that is required to manage accounting systems.
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