...Running head: INFORMATION SYSTEM STRATEGIC PLANNING Information System Strategic Planning, the Cost of Efficiency Student Name University Any Town, Virginia September 2010 Certification and Approval A Directed Research Project on Information System Strategic Planning the Cost of Efficiency: Is there a preferred approach to information systems planning, submitted to the Graduate Faculty of Strayer University in candidacy for the degree of Master’s of Science in Information Systems. Submitted by: _________________________Date: _______________ Approved by: ___________________________ Date: _______________ ABSTRACT Information systems’ planning is often costly to implement and maintain; however, sound planning practices may reduce expenses associated with the development processes. A Formal methodical approach to systems analysis, requirements engineering, systems design, development, and construction may offer a reduction in development and certain aspects of life cycle support expenses. Corporate expenses may reach approximately 5% of their gross income on information systems development and support. This equates to approximately $15,000,000 to $35,000,000 annually (Whitemarsh Information Systems Corp. 2008, p.). Information systems may cost significantly less. In comparison, information systems, contingent upon other factors such as size of the company, and complexity of the information system cost may range anywhere from $2,000,000 to $10,000...
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...14, no. 1/2010 57 Changing Methodologies in Financial Audit and Their Impact on Information Systems Audit Doctoral School – Accounting and Management Information Systems Academy of Economic Studies, Bucharest, Romania dan.vilsanoiu@gmail.com, mihaela.serban@gmail.com This paper tries to provide a better understanding of the relation between financial audit and information systems audit and to assess the influence the change in financial audit methodologies had on IS audit. We concluded that the COSO Internal Control – Integrated Framework was the starting point for fundamental changes in both financial and IS audit and that the Sarbanes-Oxley Act should be viewed as an enabler rather than an enforcer in establishing strong governance models. Finally, our research suggests that there is a direct causality effect between the employment of BRA (business risk audit) methodologies and the growing importance of IS audit. Keywords: Financial Audit Methodologies, Business Risk Audit, Information Systems Audit, Internal Controls Framework 1 Introduction The objective of this article is to provide a better understanding of the relation between financial audit and information systems audit and to assess the influence the change in financial audit methodologies had on IS audit. In order to achieve our objective, we reviewed existing research from both academics and professionals regarding financial and information systems audit methodologies. We also obtained and reviewed materials...
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...The effect of E-marketing on the marketing performance of Small Business Enterprise: A comparative study between Egypt and the UK. HATEM EL-GOHARY Bradford University School of Management School address : EMM Lane, Bradford, West Yorkshire BD9 4JL, UK. Mailing address : 24 Laisteridge Lane, Bradford, BD7 1QT, West Yorkshire, UK. Telephone : +44 (0)7878470306 Fax : +44 (0)1274 546866 Email : h.o.a.elgohary@bradford.ac.uk elgohary70@yahoo.com Supervisor name : Dr. Myfanwy Trueman Supervisor e-mail : M.Trueman@Bradford.ac.uk 16th EDAMBA Summer Academy Soreze, France July 2007 Abstract:- Small Business Enterprises (SBE's) play a major role in the world economy, and their contribution to economic and employment growth is widely recognized. Based on the SBE role as an economic engine to drive global development, this research seeks to understand the practices and activities of these enterprises in terms of electronic marketing (Achieving marketing objectives and functions through the use of electronic communication technology), marketing performance and the effectiveness of industrial and trade SBE’s. In order to do this a comparative study is made between SBE’s in Egypt (developing) and the UK (developed). The main aim of this work is to identify links between the conceptual framework and empirical analysis...
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...DISSERTATION PROPOSAL Introduction Business organizations both financial and non-financial institution adopting information technology at astonishing rate in delivering good service as the end state to satisfying their customer. Dependence and interdependence of this organization on information technology have increased this as well increase the consequence of IT risks. IT has become more and more central to business over the past decade but many enterprise organizations have not yet modify their processes for making key decisions related to IT and IT risks. Literature The research tailored to analysis IT risk management approach and the business impact. Including the integration of enterprise risks management in the organization. This is totally different from traditional risk management. The integrations refer to modifying the IT-operations approach, adjusting its capital structure and focus on engaging the right financial instruments. There are key areas enterprise risk management integration will address. The first is that, it integrates and coordinates all the various risks type across the entire organization. Thereby, risk management cannot be managed in silo rather all the risk that occurred in the entire ICT environment must be managed and approach in an enterprise way. Second, using enterprise risk management makes it possible for users to easily identify any potential incident that may affect the organization. Moreover, this makes decision taken to curb...
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...Business Service Management Student Projects Business Service Management (BSM) Motivation/Background: In an environment where the number of services is substantial and the differences between business and IT services blur, Business Service Management becomes crucial: the explicit management of these services as important business assets that are the focal points for the cost-effective creation of customer value and innovation in organizations (see for more information: http://eprints.qut.edu.au/26620/). Aims/Outcomes: There are a range of topics within Business Service Management that can be the focus of a research project, for example, service management, service strategies, service-oriented business models, service prioritization, service portfolio management, service quality, service analysis & design, service co-creation, service architectures and service re-use. A project can be of a more academic or practical nature. Depending on your specific interests, we will advise you to contact one of the BSM researchers as supervisor. Some specific projects within this area are listed here and described in more detail below: Decision-Support for Service Bundling Prioritisation of Service Processes Service-oriented business models Apple’s iModel: The business model of iPod, iPhone and iPad Required Knowledge: Projects in the area of BSM require a sound understanding of both business and IT and a basic understanding and interest in research methodologies...
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...Research Methodology & Fundamentals of MR. 100 Marks Course Content 1. Relevance & Scope of Research in Management. 2. Steps Involved in the Research Process 3. Identification of Research Problem. 4. Defining MR problems 5. Research Design 6. Data – Collection Methodology, Primary Data – Collection Methods / Measurement Techniques – Characteristics of Measurement Techniques – Reliability, Validity etc. – Secondary Data Collection Methods – Library Research, References – Bibliography, Abstracts, etc. 7. Primary and Secondary data sources and data collection instruments including in-depth interviews, projective techniques and focus groups 8. Data management plan – Sampling & measurement 9. Data analysis – Tabulation, SPSS applications data base, testing for association 10. Analysis Techniques – Qualitative & Quantitative Analysis Techniques – Techniques of Testing Hypothesis – Chi-square, T-test, Correlation & Regression Analysis, Analysis of Variance, etc. – Making Choice of an Appropriate Analysis Technique. 11. Research Report Writing. 12. .Computer Aided Research Methodology – use of SPSS packages Reference Text 1. Business Research Methods – Cooper Schindler 2. Research Methodology Methods & Techniques – C.R.Kothari 3. D. K. Bhattacharya: Research Methodology (Excel) 4. P. C. Tripathy: A text book of Research Methodology in...
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...learning with business process management Nicola Capuano, Matteo Gaeta, Pierluigi Ritrovato and Saverio Salerno Abstract Purpose – The purpose of this paper is to propose an innovative approach for providing an answer to the emerging trends on how to integrate e-learning efficiently in the business value chain in medium and large enterprises. Design/methodology/approach – The proposed approach defines methodologies and technologies for integrating technology-enhanced learning with knowledge and human resources management based on a synergistic use of knowledge models, methods, technologies and approaches covering different steps of the knowledge life-cycle. Findings – The proposed approach makes explicit and supports, from the methodological, technological and organizational points of view, mutual dependencies between the enterprise’s organizational learning and the business processes, considering also their integration in order to allow the optimization of employees’ learning plans with respect to business processes and taking into account competencies, skills, performances and knowledge available inside the organization. Nicola Capuano, Matteo Gaeta, Pierluigi Ritrovato and Saverio Salerno are all ` based at the Universita di Salerno, Fisciano, Italy. Practical implications – This mutual dependency, bridging individual and organizational learning, enables an improvement loop to become a key aspect for successful business process improvement (BPI) and business process reengineering...
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...to absorbed knowledge. The difference between the terminal performance of the learner and his/her base level performance is normally attributed to effective teaching by means of teaching methodologies use by the teacher. Teacher factor is one of the strongest determinants of successful learning that contribute to the study habits of students. Study habits and teaching methodologies performed a very important role in the learning process. Through the advancement in our technology some changes occur in teaching procedures, the help of printed materials learning become complex. The skill in selecting methodologies in the context of certain lesson is critical. The teacher has mastered this ability through sharp and intensive observation of how students learn. Choosing on what teaching methodologies to be used can contribute on the study habits of the students. It is expected that when teachers used the best teaching method, students might study lessons easily. Psychologists and educational experts are aware of this situation and use their knowledge about learning, about techniques and procedures to study and apply it to teaching process. How can we obtain learnings by means of study habit? Salandanan (2005) asserts that, “[i]t includes the teachers’ to implement a particular methodology in presenting a lesson” (p. 50). Formulation of instructional objectives lead to good study habits. Students find this situation as an interrelated to each one. Study habit is affected...
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...are still selling their products and items in a physical store by running a traditional business method. As in the research, there are many people doing selling fashion such as clothes, shoes, accessories, etc. in facebook, twitter and others but without the payment system, business strategies, etc. This BIT system is designing for Small Medium Enterprise (SME) those who wanted to operate their online business with using electronic device such as internet marketing, mobile marketing and etc to have more connection and connectivity with the consumers. This designation of BIT system will be containing the e-marketing framework that helps them to explore in the market more widely. In addition, it can be attract the offline people and for those who don’t know your company or website to increase more traffic or more network. As the e-marketing framework will be more focusing on fashion industry, this system will be fit for those who wants to do fashion business online selling. The company’s structure can be less than or more than 1 people, as it depends on how systematic of that people are. Of course, there are less people to do like that if they want to do a long run business. The important part is how they attach the e-marketing framework into real life in order to achieve higher level of customer satisfaction, so that the customers will come back again and again. C) Business online is one of the way to create market share. Thus, to let more people know more about...
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...Purchasing & Supply Chain Management | |Module: |BSM577 - Research Methods | |Assignment and Title: |Implementing E-procurement in Indian organisation : surveys of SMEs | |Date: |7/1/13 | |For the attention of: |Dr Elizabeth Tait | WORD COUNT: ABSTRACT: This report was undertaken for the commitment of future research in dissertation. E-commerce is gaining a lot more attention in current global market. E-commerce models such as B2B, B2C, B2E and B2G has been successful due to many implementation and adoption of standardized process tools like EDI, shipping, tracking, payment and delivery among the suppliers around the globe through a strong supply network. The most vital element of B2B model is the E-procurement. E-procurement is the process for acquiring resources, goods, materials and components electronically through its performance metric tools and design in the supply chain network. How purchasing has always been the criteria in a business operation so is the E-procurement in current trend becoming managerial more important strategy to be focused and effectively worked...
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...Journal of Case Research in Business and Economics Application of Six-Sigma in finance: a case study A. Ansari Seattle University Diane Lockwood Seattle University Emil Thies Zayed University Batoul Modarress Zayed University Jessie Nino Seattle University ABSTRACT In recent years, companies have begun using Six Sigma Methodology to reduce errors, excessive cycle times, inefficient processes, and cost overruns related to financial reporting systems. This paper presents a case study to illustrate the application of Six Sigma Methodology within a finance department. Specifically, the case relates to the Continuing Account Reconciliation Enhancement project undertaken by the finance department of a major U.S. defense contractor. The goal of the project was to streamline and standardize the establishment and maintenance of costing and planning for all business activities within the current financial management process. The Six Sigma implementation resulted in a significant reduction in the average cycle time and cost, per unit of activity, needed to produce the required financial reports. Key Words: Six Sigma, Process Management, Quality Management, Finance Application of Six-Sigma, Page 1 Journal of Case Research in Business and Economics INTRODUCTION In 1987, Motorola developed and organized the Six Sigma process improvement Methodology to achieve “world-class” performance, quality, and total customer satisfaction. Since that time, at least 25% of the Fortune 200, including...
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...Online Business In Quezon City Polytechnic Student Rationale Now a day, woman is very powerful and business minded. The use of technology we can buy and sell the product that the customer demands. To motivate every woman to create their own online business that can grow their profit. And use the advantage of technology, when it comes to build a business. Whether you are working alone or with a team of people, launching a new business will take lots of time and effort. Internet-based companies are somewhat easier because there are no requirements to handle physical products. Granted, physical products come into play if you are managing an e-commerce store. However creating digital products on the Internet provides a more lucrative method of launching and scaling quickly. Research Objective 1. To improves the perception of being a woman, it comes online business 2. To apply the latest the Internet business technology in transacting online business. 3. To show the advantage of online business Research Question 1. What is the entrepreneur’s student’s profile? a. Age b. Gender c. Working/ Not working student 2. What is the ability of Entrepreneur students in managing online business? 3. What are the satisfactory of consumer in online business? 4. What are the conflicts usually of students in managing business? 5. Why online business is growing, it comes of managing business? Research Methodology The research methodology...
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...Programme in Management Course Outline Course Title | BUSINESS RESEARCH METHODS | Instructors | Dr. Arun Abraham Elias | Course Credit | | Total no. of sessions | 8 | Session Duration | 75 minutes | Term | III | Year | PGP 17, 2013-2015 | Introduction Business research can be described as a systematic and objective process of gathering, recording, and analysing information that assist in managerial decision making. It comprises a series of steps including: identifying the problem or opportunity for research; undertaking a literature review; developing or extending a conceptual or theoretical framework; establishing the research objectives, research questions or hypotheses for testing; preparing a research design; gathering information and data; analysing and interpreting the data and findings; and providing results in a form that will help the manager deal with the situation and/or adds to the business and management literature. In essence, business research provides the needed information that guides managers to make informed decisions to successfully deal with problems or opportunities. This course provides an overview of the research process, and an introduction to a range of methods and approaches utilised in business research. Course Learning Objectives By the end of this course, students should be able to: * Appreciate the importance of the research process inherent in business and management decision-making; * Understand some...
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...CRAB Short Term Rating Scale CRAB Long Term Rating Scale Rating Methodologies: It’s different for several sectors. Such as several methodologies for bank rating, financial institution rating, corporate rating, general insurance rating, life insurance rating, government owned enterprise rating and securitization rating. Other services: 1. Grading Services 2. Advisory & Consulting Services 3. Information Service National Credit Ratings Ltd National Credit Ratings Limited (NCR) is a credit rating agency in Bangladesh. It was incorporated as a public limited company under the Registrar of Joint Stock Companies in August 2010 and received its certificate for commencement of business in July 2010. It was granted a licence by the Securities & Exchange Commission (SEC) of Bangladesh for operating as a credit rating company in September 2010. The formal launching of the company was held on 18 October 2010. Managing director & CEO: MD. Momin Ullah Patwary, BP, is a former secretary to the Govt. of Bangladesh. Services: The services provide by the agency are followings: Entity Rating, Instrument Rating, Insurance Company rating, Asset Manager Rating, Sectoral Grading and Ranking. Methodology A true and fair opinion is our responsibility. NCR gives opinion as to the ability of an entity to meet its financial obligations. The rating process primarily concentrates on business and financial risks. The focus is to assess cash generation capability...
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...PAPERS How Effective Are Project Management Methodologies? An Explorative Evaluation of Their Benefits in Practice Hany Wells, Business School, University of Hertfordshire, Hatfield, Hertfordshire, England ABSTRACT I INTRODUCTION I This article investigates the benefits and supports provided by project management methodologies (PMMs) to project managers for the management and delivery of information technology/ information system (IT/IS) projects. Using a qualitative approach, through case study strategy, the role of PMMs is examined in different business and project contexts. This article evaluates the benefit of PMMs based on their traits and characteristics and investigates PMMs in their operational context: where PMMs come from and how they support practitioners. The findings suggest a misalignment between the intended benefit of PMMs at the strategic level and the reported benefits by project managers at the project level. Additionally, it is shown that practitioners’ expertise, accountability, and attitudes all have a direct influence on the extent to which PMMs contribute to and benefit the management of projects. report from former UK Health Secretary Andrew Lansley captured the attention of many by highlighting that “Labour’s IT programme let down the NHS [National Health Service] and wasted taxpayers’ money by imposing a top-down IT system on the local NHS, which didn’t fit their needs” (BBC News, 2011). This report highlighted...
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