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ENT200 Enterprise Resource Planning Assignment

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International College of Management Sydney (ICMS)

   

Enterprise Resource Planning (ENT200)

   

Added on  2020-05-11

ENT200 Enterprise Resource Planning Assignment

   

International College of Management Sydney (ICMS)

   

Enterprise Resource Planning (ENT200)

   Added on 2020-05-11

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Running head: ENTERPRISE RESOURCE PLANNINGEnterprise resource planningName of the studentName of the universityAuthor note
ENT200 Enterprise Resource Planning Assignment_1
1ENTERPRISE RESOURCE PLANNINGExecutive summary The aim of this report is to discuss about the market potentiality of a startup using the concept ofinnovations. The potentiality of the new idea is being discussed in this report along withidentifying the cost involved with it. Various challenges are been identified in this report, whichmay pose threat to its utility. Several recommended steps are also being discussed in this reportin order to enable them to overcome the identified challenges. This report concludes that,initiation of innovative approach of tracking tags to the airliners will help to reduce the issue ofmishandling of baggage in the airports.
ENT200 Enterprise Resource Planning Assignment_2
2ENTERPRISE RESOURCE PLANNINGTable of ContentsIntroduction......................................................................................................................................3Current market scenario...................................................................................................................3Initiation of check tags.....................................................................................................................4Cost involved in the process............................................................................................................5Challenges........................................................................................................................................6Recommendations............................................................................................................................6Conclusion.......................................................................................................................................7Reference.........................................................................................................................................8
ENT200 Enterprise Resource Planning Assignment_3
3ENTERPRISE RESOURCE PLANNINGIntroductionIn the current business scenario, innovation is one of the key sources of gainingcompetitive advantages in the market. Thus, any entrepreneurial ventures should first identify thegap in the current marketing scenario, according to which they will offer their products orservices in the market. Initiation of the innovative approach in the market will help theentrepreneurs in having positive organizational performance from the initial stage (Volberda,Van Den Bosch & Heij, 2013). Check tag is a new entrepreneurial venture started in Australia,which will provide security and tracking tags for the luggage of the air travelers. This is one ofthe most innovative and potential market to have for them due to the reason that, in the currentscenario of air transport, millions of people are availing the service and with the increase in theair traffic, more instances of loss of luggage is originating (Sennou et al., 2013). Thus, with the help of the safety and tracking tags, check tag will enable the airliners aswell as the customers to track the movement of their luggage in real time. The instances of lossof luggage will also get reduced. Due to the fact that. This is a new concept in the market andthus check tags will have huge market potential for them.This report will discuss about the potentiality of check tags in the market. Moreover, theidea of this concept along with various factors of having potential of this idea will also bediscussed. Recommendations will also be discussed, which will further help them to enhancetheir effectiveness and performance in the market.Current market scenario With the increase in the air traffic and movement of air travelers around the world, issuessuch as mismanagement and loss of luggage is rapidly increasing. As of 2016, 5.76 cases of lossof baggage per 1000 travelers had been aroused (Ahmed, Pedersen & Lu, 2013). Moreover, it isbeing expected that with the increase in the air traffic in the coming years, these types ofinstances will increase further. Thus, there is an urgent need of initiating some sort oftechnological devices to overcome this issue (Alsyouf, Humaid & Al Kamali, 2014). This is dueto the reason that, the loss of baggage involves not only the particular travelers but also theairliners. Airliners have to pay penalty and compensation to their customers in case of loss of
ENT200 Enterprise Resource Planning Assignment_4

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