Match each item in the value chain, 1 through 7 , with an impact of an artificial
Question:
Match each item in the value chain, 1 through 7 , with an impact of an artificial intelligence initiative, choosing from items a through g.
Transcribed Image Text:
Value Chain 1. Research and development 2. Design 3. Supply 4. Production C. 5. Marketing 6. Distribution 7. Customer service Impact of Artificial Intelligence Initiative a. b. d. e. f. 9. - Increased customer sales through Al that writes personalized messages to customers and posts personalized social media ads. Avoidance of inventory shortages by equipping vendors with sensors that identify potential delays early on, allowing time for any necessary adjustments. Timely and predictable delivery of goods through the use of predictive analytics that identify possible delivery problems and make adjustments to optimize routing. Identification of defective product during the manufacturing process based on a sensor that identifies potential issues based on the sound of the equipment running and reacts accordingly. Generation of product ideas based on an analysis of social media data, sales data, customer review data, and customer preference data. Improved customer experience by providing an app that will give the customer step-by-step directions to a specific product in a particular store. Quicker time to market results because an electronic prototype is efficiently adapted to international markets through language translation and other adjustments.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
Answered By
Ankur Gupta
I have a degree in finance from a well-renowned university and I have been working in the financial industry for over 10 years now. I have a lot of experience in financial management, and I have been teaching financial management courses at the university level for the past 5 years. I am extremely passionate about helping students learn and understand financial management, and I firmly believe that I have the necessary skills and knowledge to effectively tutor students in this subject.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Foundations And Evolutions
ISBN: 9781618533531
10th Edition
Authors: Amie Dragoo, Michael Kinney, Cecily Raiborn
Question Posted:
Students also viewed these Business questions
-
Please note that the subject is Financial Management . Course hero only shows courses like finance and financial Accounting. I need help with this question. Thank you in advance! Problem 1. Leeft...
-
Match each item in the value chain, 1 through 7, with an example of an artificial intelligence initiative, choosing from items \(a\) through \(g\). Value Chain 1. Research and development Artificial...
-
The accounting for the items in the numbered list that follows is commonly different for financial reporting purposes than it is for tax purposes: 1. For financial reporting purposes, the...
-
A paper recycling company converts newspaper, mixed paper, white office paper, and cardboard into pulp for newsprint, packaging paper, and print stock quality paper. The following table summarizes...
-
1. Show that the quadratic form (11) can be rewritten as assuming that a11 0. This procedure is known as ``completing the square.'' 2. Deduce (12). 3. Deduce (13). This is an example of the principal...
-
Mac Ericson and Irene Papas met at a CMA conference two months ago and began dating. Mac is the controller for Longley Enterprises, and Irene is a marketing manager for Sharp Prod- ucts. Longley is a...
-
The creation and operation of a single-organ-focused hospital is what form of healthcare innovation?
-
Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job. a. Materials were purchased on account. $18,996 purchased b. A materials...
-
Which of the following is true about the cash flow statement? Group of answer choices It only includes cash flows from operating activities. It shows the company s liquidity and solvency. It is...
-
Match each of the blockchain terms, 1 through 7, with the most appropriate definition, choosing from items a through \(g\). Definitions a. b. C. - Allows for automation of external transactions...
-
Indicate which type of data analytics, 1 through 4, is described in each of the following statements, a through \(h\). Data Analytics 1. Descriptive analytics 2. Diagnostic analytics 3. Predictive...
-
Using the information provided in BE 9- 15, assume that during the first month after the financing is completed, Kitt collects $ 250,000 of the assigned accounts receivable. Kitt remits this amount...
-
On March 19, 2003, the SEC filed accounting fraud charges in the Northern District of Alabama against HealthSouth Corporation and its CEO, Richard Scrushy. Scrushy was also charged with knowingly...
-
Use the same data as in Problem 1. a. Recalculate the percentage of sales income statement, but this time use the Trend function to forecast other income and interest expense. b. Recalculate the...
-
Laura White opened White & Company, an accounting practice, in 2011. The following summarizes transactions that occurred during 2011: 1. Issued a \(\$ 200,000\) face value discount note to First...
-
Note down the changes in the EUs population highlighted by Figures 13.1 and 13.2. i. How are these predicted changes likely to impact upon the composition of the labour force in relation to full- and...
-
Visit HPs corporate web site at http://www.hp.com. Use the menus to go to the pages headed Company information: About us History and Facts. What clues do these give you about the culture of HP?...
-
A copper cylinder is 6 cm long and has a radius of 2 cm. Find its mass.
-
(a) With not more than 300 words, examine why Malaysia missed its 2020 targets to divert 40% of waste from landfills and increase recycling rates to 22%. (10 marks) b) Why arent Malaysian recycling?...
-
The budget director of Heather's Florist has prepared the following sales budget. The company had $ 2 1 0 , 0 0 0 in accounts receivable on July 1 . Heather's Florist normally collects 1 0 0 percent...
-
Research Problem 1 . Charlene and Alton Dutro had lived in their home for two and onehalf years when they decided to enlarge and remodel the house. However, their architect advised them that more...
-
A ) Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and...
Study smarter with the SolutionInn App