Question: The question below: TAL Apparel Limited, a small and weak member of the apparel industry, proved its capability to sustain competitiveness by deploying technologies to

The question below:

The question below: TAL Apparel Limited, a small
TAL Apparel Limited, a small and weak member of the apparel industry, proved its capability to sustain competitiveness by deploying technologies to improve its supply chain management. The company started with an Enterprise Resource Planning (ERP) system and later convinced its giant customer, JC Penny, to collaborate on Vendor Managed Inventory (VMl) program. Such moves had driven change in the apparel industry structure. Ln. Format! ti Ho (2004). Supply Chain Reconfiguration. MIS Quarterly Eta-mm. 3(3). Lit-t4). REQUIRED: Explain how TAL's initiatives had sustained its competitiveness in the industry based on Porter Five Force Model's perspective as follows: (i) Buyer's power (2 Marks) (ii) Supplier's power (2 Marks) (iii) Barrier to entry (2 Marks) in industry Revolution 4.0 (IR 4.0), the advances in automation, Articial Intelligence (Al), and Cloud technology have continually disrupted every industry in every country. These are expected to displace humans in some ve million jobs with repetitive, easy, and tedious tasks. Bloomberg Businessweek hinted that the best paid and most vulnerable occupation to the disruption of the 1114.0 is the accounting profession. Yet within the revolution, there are opportunities for those prepared to embrace them. Calms, W. (20i9). Embracing the Disruptive Input! QIIR 4.0 in Accounting. rheborneoposmom REQUIRED: (a) Explain how [it 4.0 would likely benet the accounting and nance industry (Indicate ONE (1) applicable technology to support your answer). (3 Marks) (b) Explain how the accounting profession should respond to the rapid evolution of IR 4.0 by providing THREE {3) relevant arguments. (6 Marks)

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