...INFROMATION SYSTEMS AND SOFTWARE APPLICATIONS Larger numbers of software applications are used to perform the various department tasks. Determining why a company needs information system and software application for the various departments. A company must have knowledge of the information systems and software applications, to allow the department to use the product; the various software applications are different. To perform daily task and jobs within a company requires at less one information system several software application systems. The information system is made up of data items, information, and knowledge within a business. According to Smith “information system refers to technology designed to handle the data that institutions receive, process, generate, save, backup, disseminate, and use to make decisions” (2007). Software applications are programs store in the information system. According to Rainer, “software is a program or collection of programs that enable the hardware to process data” (2008). The information system is the fast way to obtain needed data for the various departments within a business. “Regardless of the overall trends in software (increases complexity, increased cost, and increasing numbers of defects), software has become an everyday feature of our business and personal lives” (Pearlson, 2005, p 350). Businesses are creating of various departments that work with different software application. The various...
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...Information Systems for Management (1.5 credit) Dr. Preeti Khanna 1 Evaluation Criteria • • • • End Term Examination Quiz / Class Test Class Participation Group Activity : : : : 25 10 05 10 • Total : 50 2 Session 1: Learning Objectives • Explain how information management delivers value to an organization. • Demonstrate the relationship between data, information and knowledge. • Identify key management issues of information and the perspective of information System 3 Today’s business environment Changes & driven by 4 The Emerging Digital Economy • To get a market of 50 Million People Participating: • Radio took 38 years • TV took 13 years • Once it was open to the General Public, • The Internet made to the 50 million person audience mark in just 4 years!!! Source: http://www.ecommerce.gov/emerging.htm Why Now? • Globalisation: Connect – Customers, partners, suppliers – and competition • Transparency : Polices – Industry regulations, consumer pressure and competition driving openness • Service focus: Customer Value – Differentiation and shareholder value increasingly derived from service experience 6 Business Information Management (BIM) • The process of managing information as a strategic resource for improving organizational performance. • This process involves developing strategies and introducing systems and controls to improve information quality to deliver value. 7 Using Information to Support the Business 8 ...
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...REVENUE CYCLE [Sales order entry—Shipping—Billing & A/R—Cash collections] AIS must provide adequate controls so that the following objects are met: (1) Transactions are properly authorized. (2) Recorded transactions are valid. (3) All valid, authorized transactions are accurately recorded. (4) Assets are safeguarded from loss or theft. (5) Business activities are performed efficiently and effectively. The following help achieve the above: • Simple, easy-to-complete documents with clear instructions. • Appropriate application controls (e.g., validity or field checks). • Signature space for persons responsible for completion and review of documents. • Prenumbering of the documents. Revenue Cycle—Major threats & control (1) Sales to customers with poor credit—(uncollectable sales and losses due to bad debts). Prevention—independent credit approval function and good customer accounting. (2) Shipping errors—wrong quantities, items, or address: mad customers. Prevention—reconcile shipping notices and picking tickets, bar code scanners, data entry controls. (3) Theft of inventory—loss of assets ----> inaccurate records. Prevention—Secure inventory and document transfers, good accountability for picking and shipping, and frequently reconcile records with physical count. (4) Failure to bill customers—loss of inventory, and erroneous data about: sales, inventory, and receivables. Prevention—Separate shipping and billing. Prenumber of shipping...
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...MASTER IN HEALTH ECONOMICS PROPOSED MASTER STUDIES MASTER IN ECONOMICS (HEALTHCARE) A Review of Healthcare Financing System in Developed Countries and Malaysia. By: Wong Lim Ping Finance Division Ministry of Health Putrajaya May 2011 MASTER IN HEALTH ECONOMICS TABLE OF CONTENT: 1. 2. 3. 4. 5. 6. 7. 8. Introduction Field of research Objective of study Literature review Scope of research Research Methodology Work Schedule Brief bibliography Wong Lim Ping 790904-13-5151 2 MASTER IN HEALTH ECONOMICS 1.0 INTRODUCTION As Malaysia strikes toward the high income economic through its various initiatives under Government Transformation Programme (GDP) and Economic Transformation Programme (ETP), healthcare has been identify as one of the trust under Mission Cluster Groups (MCG) in driving the nation‟s development path. Healthcare is a very important component of national development and that the creation of a healthy and productive workforce is essential to support and sustain the growth of the nation. In Malaysia, the Government under the Ministry of Health (MOH) is the provider, regulator and funder of the healthcare system, thus, raising the question of dependency of government subsidized healthcare services that serve the inefficiency use of government resources. In year 2009, the government expenditure on healthcare as a percentage of total Gross Domestic products (GDP) is 4.8% of which the 1.8% is from the government expenditure and 3% from...
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...Chapter 1 + case study 1. How can information technology support a company's business processes and decision making and give it a competitive advantage? GIve examples to illustrate your answer. The term information technology refers to the various hardware, software, networking, and data management parts that are a neccessity for the system to function (pg. 8). Businesses regularly utilize computer-based information systems in order to record customer purchases, keep track of inventory, pay employees, buy new merchandise, and evaluate sales trends. Without the support of information technology, businesses would ultimately fall apart. For example if a business did not choose to use computer-based information systems, they wouldn't be able to evaluate what items were selling better than others and ultimately lose valuable information for future success. Information technology can also aid in decision making for a business. Decisions are made based on analysis provided by computer-based information systems. For example a store manager may make the decision whether to discontinue an item for sale or keep it on the floor due to analysis of sales trends provided by computer-based systems. Lastly information technology helps business gain a competitive advantage. A competitive advantage is gained through computer-based information systems by applying innovative application of information technologies (pg. 9). For example a store manager installing touch screen kiosks throughout...
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...activities as it ensures that they only sell products that they advertise. The products they are selling should also fit the purpose that they are selling it for e.g. a pair of shoes that are wearable in rain/ snow, will not get ruined and then if this does not fit the purpose the customer can have the right to return the product. Low quality products- a lot of returns so they would want a clear returns policy that will stop confusion. Consumer Protection Unfair Trading 2008 The Regulations introduce a general duty not to trade unfairly and seek to ensure that traders act honestly and fairly towards their customers. They apply primarily to business to consumer practices (but elements of business to business practices are also covered where they affect, or are likely to affect, consumers).- http://www.oft.gov.uk/business-advice/treating-customers-fairly/protection#.UnpXwqGnwdU This stops Topshop when marketing from unfair trading when selling to customers. The act stops companies from using unfair trading practices such as competitions that are not true and pestering consumers. It makes sure that in advertisements and the product itself is not misleading, it ensures that the product sold is of good quality and terms and conditions must be set out clearly in advertisements and when selling the product in...
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...to get them to reveal information that will compromise their network security. Social engineering relies on the weakest link, which are human beings. Most social engineering attacks happen when attackers send urgent emails or correspondence to an unsuspecting authorized user of an urgent problem that requires immediate network access. According to (Rouse, 2006) these types of social engineering tactics appeal to vanity, a since of authority, or greed. Attackers rely on the fact that people are not aware of the value of the information they possess and are careless about protecting it. Security experts believe people are more dependent on information than ever and social engineering will remain the greatest threat to any security system. They also believe that educating people about the value of information, training them to protect it, and increasing people's awareness of how attackers operate is the best weapon. “Counterintelligence is a branch of the intelligence hierarchy which is concerned with keeping information out of the hands of foreign and domestic enemies. A number of different techniques are used to...
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...Business plan [pic] HDR Gaming Laneroad Ashford Kent TN23 5BT 012333252 07826425 hemlimbu@live.co.uk www.hdr.co.uk Contents Page 1. Summary 3 2. Business overview 4 Introduction Current position Competitive advantage Growth plan 3. Business strategy 5 Tactics Strategic issues Core values 4. Marketing 6 SWOT and critical success factors Market research Distribution channels Strategic alliances E-commerce and technology Tactical promotion plan Marketing budget Credibility and risk reduction 5. Team and management structure 7 Skills, experience, training and retention Advisors Management systems 6. Financial budgets and forecasts 8 Profit and loss forecast Cash flow forecast Balance sheet forecast Capital expenditure budget Break-even analysis 1. Summary • HRD Gaming • We are a gaming business • We will be producing games which gives a unique experience to the gamers • We are a partnership business ran by 3 people – More money remaining to invest on other stuff 2. Business overview Introduction (HDR) Our business involves, 3 people, Hem Limbu, Dipesh Magar & Roshan Rai. Together we make the name HDR. We are a games developer. Our aim is to build accessories for different consoles and enhance their gaming performance. We started this business because we found out that...
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...Marketing management orientation * Marketing management wants to design strategies that will build profitable relationships with target consumers. * There are 5 alternative concepts under which organizations design and carry out their marketing strategies: Production, product, selling, marketing, and societal marketing concept. Five alternative concepts * 1. Production concept – The idea that the consumer will favor products that are available and highly affordable and that the organization should therefore focus on improving production and distribution efficiency. * 2. Product Concept- the idea that consumers will favor products that offer the most quality, performance, and features and that the organization should therefore devote its energy to making continuous product improvement. * 3. Selling Concept – The idea that consumers will not buy enough of the firm’s products unless it undertakes a large-scale selling and promotion effort. * 4. Marketing Concept- A philosophy that holds that achieving organizational goals depends on knowing the needs and wants of target markets and delivering the desired satisfactions better than competitors do. A customer-centered “sense and respond” philosophy. The job is not to find the right customers for your product but to find the right products for you customers. * 5. Societal marketing concept- the idea that a company’s marketing decisions should consider consumers’ wants, the company’s requirements,...
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...is the sole owner of Riordan Manufacturing, is a Fortune 1000 enterprise with revenues reaching over the amount of one-billion dollars. It is highly important to use methods of integrating new systems into Riordan Manufacturing. The method of System Development Life Cycle (SDLC) is a great way to understand the problem, analyze the problem, design the solution, and implement the project. Riordan Manufacturing must revamp its out of date Information Systems, not only in the Human Resource section but in all other sections as well, in order to meet current industry standards, increase efficiency, lower overhead, increase worker productivity and many other factors which will add tremendous value to the company. These values are both tangible and intangible values that cannot be measured by a dollar value alone. This update is in accordance to Service Request SR-rm-022. The most efficient way to update the Human Resource Department would have to include hardware and software that is compatible in the companies’ various locations. Focus will be set on the Human Resource section but all departments will be effected by the new system since the current information systems are, (University of Phoenix, 2013), antiquated and there are severe deficiencies throughout the present Information Systems. Planning Project Scope and Feasibility Study In the analysis phase of...
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...Assignment Name: Business Decision Making Contents 1.1 Preparation of primary and secondary data: 1 1.2 Description and Justification of Survey methodology and frame: 3 1.3 Questionnaire used by Kelloggs India Ltd.: 4 2.1: summarizing data: 5 2.2 Results from the summarizing data: 6 2.3 Measures of dispersion: 7 2.4 quartiles, percentiles, conelation coefficient 8 3.1 Using data from kellogg's business scenario, preparation a range of graphs 9 3.2: Use trend lines in spreadsheet graphs 10 3.3 The answer is delivered through attached Microsoft PowerPoint 10 3.4 Formal Business Report: 10 4.1Management information system: 11 4.2Presentation of a project pian for the Kellogg's case study for an 14 4.3Internal rate of return: 15 Referrences: 16 1.1 Preparation of primary and secondary data: Primary data: Primary data of Kellogg India Ltd. is collected from the primary sources like company own databases, company surverys, interviews. The data which are collected by thoe own researchers source or primary source is known as primary data(Dawes, 1971). The company generally gather its primary data from the existing customer perspective. Besides company accountant information regarding survey plays vital role in this case. Kellogg India Ltd. empahasizes more on primary sources than on the secondary sources of data. They use direct observatons, personal interview from customer as their primary data sources. Secondary data: Secondary data are the subsequent...
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...a restaurant | | Jacob Jose Moolan, Sahil Blaggan & Sushil Gujar | 4/17/2015 | Business Research & Decision Making BUS8370 | Executive summary The entire world has experienced a drastic change in terms of economies. Incomes across Canada follow regional economic trends but, on average, each Canadian household spent $71,360 in 2008, up 2.0% from 2007. Spending at restaurants is determined by household budgets, which is being squeezed by modest disposable income growth. The average annual household spending at restaurants is $2,413. 3.3% Restaurant share of total household budget The demand for fast food service industry is increasing day by day especially in big cities for busy professionals and in student’s town for studying professionals including the night shift workers. According to the National Restaurant Association the economy for fast food industry is expected to reach $632 billion with a 3.5 % increase over 2011.The reason for such a spectacular increase is due to the food preferences, eating behaviours, time and financial demands, decreased opportunities for cooking and increased availability of food commodities (basic, raw and processed). Fast food statistics July 6 2006, states more than 40% of people in Canada prefer fast food that is Pizzas and Burgers. For being a successful fast food outlet the location plays a major role in profitable business such as shopping malls, busy traffic streets, downtown and universities. Owl kitchen will be located...
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...TERM PAPER ON GREEN BANKING AND ITS PRACTICES IN BANGLADESH Submitted to: Mrs.Dipannita Battacharjee Assistant Professor Department of Marketing Studies University of Chittagong Submitted By: M.Ariful Aziz Kanon 4th Year, BBA (Hons.) ID-07304020 Session: 2006-2007 Department of Marketing Studies University of Chittagong. Date of Submission: …… July 2012 Introduction: Green Banking is no more new concept in today`s world.The concept of Green is to minimize environmental degradation and making this planet habitable and its being used in Banking sector which is presently known as Green Banking.The concept of Green Banking was developed in the western countries. Green Banking is a general term, which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. Green Banking refers and emphases on environmental-friendly practices and reducing carbon footprint from banking activities. A green bank is a bank that promotes environmental and social responsibility but operates as a traditional community bank and provides excellent services to investors and clients. Its progressive approach to the community and the earth makes it different from the crowd. A green bank is also called ethical bank, environmentally responsible bank, socially responsible bank, or a sustainable bank, and is expected to consider all the social and environmental factors. These...
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...Int J Adv Manuf Technol (2006) 27: 604–609 DOI 10.1007/s00170-004-2214-4 ORIGINAL ARTICLE J.M. Hsiao · C.J. Shieh Evaluating the value of information sharing in a supply chain using an ARIMA model Received: 10 October 2003 / Accepted: 20 April 2004 / Published online: 9 February 2005 © Springer-Verlag London Limited 2005 Abstract This paper considers a two-echelon supply chain, which contains one supplier and one retailer. It studies the quantification of the bullwhip effect and the value of informationsharing between the supplier and the retailer under an autoregressive integrated moving average (ARIMA) demand of (0, 1, q). The results show that with an increasing value of q, bullwhip effects will be more obvious, no matter whether there is information sharing or not. When there exists information sharing, the value of the bullwhip effect is greater than it is without information sharing. With an increasing value of q, the gap between the values of the bullwhip effect in the two cases will be larger. Keywords ARIMA · Bullwhip effect · Information sharing · Supply chain dard deviation of order amount is bigger than that of sales, i.e. demand deviation. This kind of distortion winds upward in the form of an increasing square of the standard deviation [9]. The bullwhip effect has drawn much attention in recent years [1, 3, 4, 6, 8–10]. This effect conceals a serious problem of cost. For instance, due to an inefficient estimation of demand, various problems may occur, such...
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... Journal of Information Systems Education21.2 (2010): 173-184. The title captures the objective of the study which is to evaluate the success of the E-learning based on the IS success model. Abstract This study utilized the Information Systems Success (ISS) model in examining e-learning systems success. The study was built on the premise that system quality (SQ) and information quality (IQ) influence system use and user satisfaction, which in turn impact system success. A structural equation model (SEM), using LISREL, was used to test the measurement and structural models using a convenience sample of 674 students at a Midwestern university. The results revealed that both system quality and information quality had significant positive impact on user satisfaction and system use. Additionally, the results showed that user satisfaction, compared to system use, had a stronger impact on system success. Implications for educators and researchers are reported. Keywords: IS Success, E-Learning, User satisfaction, System use, System quality, Information quality 1. INTRODUCTION Both undergraduate and graduate courses are experiencing a migration away from the traditional classroom and toward a greater emphasis for electronic delivery of content (Allen and Seaman, 2008). This trend cuts across all departments and schools in the university system but is especially critical in business schools, since the preparation of students for successful business careers will rely on the...
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