...Five different IT systems that have affected business in the past few years. 1. Social Media/Business (Facebook, Twitter, Instagram) – Social Media provides a more intimate platform for advertising and promotions. Business can use software to detect trends and research patterns in order to determine what demographic to target, thus making their advertising strategy more effective. Social Media will continue to evolve just technology evolves and adjust to consumers for direct advertising efforts. 2. Cloud Computing (I-cloud/Verizon Cloud) – cloud computing affects the way that a company may store its data, software integration, and back-up and recovery. Clouds allow data storage and back and recovery in a cost efficient manner. Businesses are outsourcing data storage to third parties using cloud technology. Since cloud technology is still fairly new there are some security concerns that will be addressed and corrected overtime. 3. Consumerism – tailoring technology for specific needs through third party apps. This allows business services to available to consumers 24 hours seven days a week. Apps also provide a vehicle for advertisement on a constant basis. Apps will continue to improve in their efficiency and ability to provide service to consumers outside of normal business hours. 4. Mobile Devices (Smartphones/Tablets) – allows users and employees unrestricted access and to business systems. Allows employees to check and send email from anywhere and browse the internet...
Words: 347 - Pages: 2
...The Effects of a Business Continuity Plan on Information Systems Ronald E. Stamm Jr. ISYS 204 Professor Choi October 6th, 2011 Abstract Since the dawn of the new millennium, as more and more companies are becoming more technologically savvy, they have been coming to the realization that there is a need to protect that data somehow. These companies seek out IT professionals who help them create Business Continuity Plans. These Business Continuity Plans help companies better safeguard and effectively retain their essential data in the case of a catastrophic failure of their network infrastructure. In this essay, I will be discussing the different intricacies of a Business Continuity Plan and how to effectively build one to suit the needs of the individual company. The Effects of a Business Continuity Plan on Information System A frog if put in cold water will not bestir itself if that water is heated up slowly and gradually and will in the end let itself be boiled alive, too comfortable with continuity to realize that continuous change at some point may become intolerable and demand a change in behavior. (Handy, 1990) There have been so many companies over the years that have failed due to lack of a proper Business Continuity Plan. Taking the time and utilizing the correct resources to create a Business Continuity Plan can easily counteract this. In this essay, I will provide an example of a few companies who did not have proper Business Continuity Plans and...
Words: 3859 - Pages: 16
...Sylvia Fowler Identify five different IT systems that have affected business in the past few years. For each system, briefly note the following: * The system's name * The area of business it affects * What changes the system brought to the business world * What business processes changed because of the system * The system's likely future effect 1. The system's name: Social Media, i.e., Facebook, Twitter, etc. The area of business it affects: From banking to advertising, it affects all areas of business What changes the system brought to the business world: Helping them reach larger audiences; giving more choices to consumers, and made business more competitive overall. What business processes changed because of the system: Marketing, business conduct, security, etc. The system's likely future effect: More use of social media in every aspect of life. 2. The system's name: Cloud Computing The area of business it affects: From banking to advertising, it affects all areas of business What changes the system brought to the business world: Helping them reach larger audiences; giving more choices to consumers, and made business more competitive overall. What business processes changed because of the system: The way business's store and process data. The system's likely future effect: Continues use of "server" farms to store and process data. 3. The system's name: Mobile Systems The area of business it affects: From banking to advertising...
Words: 444 - Pages: 2
...English (2005) defined BI "quality information in well-designed data stores coupled with business friendly software tool that provide knowledge workers timely access, effective analysis and intuitive presentation of the right information, enabling them to take right actions or make decisions". White (2005) it defined BIS as information systems that provide information and improve its quality that supports decision making and achieves business goals. It divided BIS into two parts: 1) data warehouse 2) access to data, data analysis and reporting. KalKaota &Robinson, (1999) business intelligence systems infrastructure components that support the quality of decision making: 1. Key information technology related to store data (Extraction, transforming...
Words: 1108 - Pages: 5
...Design Enterprise-Level Business System Paper Business Systems Development II BSA/400 Design Enterprise-Level Business System Paper 1.0 Design methods for developing an enterprise-level information system There are many things that have to happen correctly in the design phase in order for an enterprise-level business system to be effective. In order for the system to be effective, it should align with strategy, reduce costs, improve productivity, promote timely execution, enable better decision making, leverage emerging technologies, ensure acceptable levels of control and risk management, optimize the skills and capabilities of the organization, and promote collaboration across the extended enterprise. (The Hackett Group, 2010) The first step is to understand the business and how it is strategically aligned. The company must understand what it is bringing to the table. Before the necessary scope of the project can be decided, this is where the planning starts. A survey among employees of the companies should take place to review the philosophy, vision, and mission. (Armstrong Enterprise Communications, Inc., n.d.) Buy in is critical at all levels of the organization in order for an enterprise resource planning initiative to be successful. One of the main goals of successful enterprise resource planning implementation is companywide buy in. Each employee should have a cursory understanding of the goal and mission of the business, and how their work...
Words: 1659 - Pages: 7
...even though at an international level. Many people are able to loan the money. The computer are facing lot of problem. So this will highly effect the reputation and can cause lot of trouble to the people. The problem was cause from the junior technician. The problem happen when the process of the software upgrade. The problem that may cause to the problem is a lot of number of workers. Lot number of workers and unexperienced workers have cause to the situation. The salary of the workers also the factor of the problem. The workers said that they should receive more from what they receive now a days. This may cause the worker not interested to the works. Chief executive of RBS said that the problem came from the technology and not from the workers. He said that the error is understood to have occurred after a software update froze part of the banks’ computer systems last Wednesday, affecting 17 million customers. Although the problem was resolved on Friday, it created a backlog of more than 100 million transactions that were not paid in or out of bank accounts as they should have been. The problem will hang and take a long time when the worker will dismiss and the new unexperienced workers will replace and this will cause to trouble for twice. This will affect the bank and the business mainly. The bank will be responsible on what have happen and bank have spent lot of money on the management it at the bank. Senior bonus...
Words: 3360 - Pages: 14
...Scenario Balfour Beatty is a world-class engineering, construction, services and investment group. We employ nearly 35,000 people, who deliver projects that directly improve lives and communities – from hospitals to highways, from railways to water supply systems, schools to power generation and transmission. We build, upgrade and manage major road systems in the UK, US, Dubai and Asia. We are a major player in the development and maintenance of major and regional airports. We are the UK’s leading building and building services company, a leader in the US building market for programme and construction management, and we play a key part in the delivery of affordable housing. We provide facilities management for governmental and private customers and have long-term partnerships with a number of utilities companies to upgrade electricity, gas and water systems. Our rail business provides high speed electrification and power supply systems, track systems, track components, signalling and plant for network owners across the world. We are a leading participant in the UK’s privately financed project market, financing, building and operating roads, schools, hospitals and other infrastructure. We are increasingly taking this skill to markets outside the UK. We seek to operate safely and sustainably in all that we do. Source: www.balfourbeatty.com Scenario You have joined the Balfour Beatty company as a Management Trainee at their Head Office...
Words: 1306 - Pages: 6
...Log In Account Register My CiscoClick to open High Availability Disaster Recovery: Best Practices HOME SUPPORT TECHNOLOGY SUPPORT AVAILABILITY HIGH AVAILABILITY TECHNOLOGY INFORMATION TECHNOLOGY WHITE PAPER Disaster Recovery: Best Practices Downloads Disaster Recovery: Best Practices Contents 1 Executive Summary 2 Disaster Recovery Planning 2.1 Identification and Analysis of Disaster Risks/Threats 2.2 Classification of Risks Based on Relative Weights 2.2.1 External Risks 2.2.2 Facility Risks 2.2.3 Data Systems Risks 2.2.4 Departmental Risks 2.2.5 Desk-Level Risks 2.3 Building the Risk Assessment 2.4 Determining the Effects of Disasters 2.4.1 List of Disaster Affected Entities 2.4.2 Downtime Tolerance Limits 2.4.3 Cost of Downtime 2.4.4 Interdependencies 2.5 Evaluation of Disaster Recovery Mechanisms 2.6 Disaster Recovery Committee 3 Disaster Recovery Phases 3.1 Activation Phase 3.1.1 Notification Procedures 3.1.2 Damage Assessment 3.1.3 Activation Planning 3.2 Execution Phase 3.2.1 Sequence of Recovery Activities 3.2.2 Recovery Procedures 3.3 Reconstitution Phase 4 The Disaster Recovery Plan Document 4.1 Document Contents 4.2 Document Maintenance 5 Reference 1 Executive Summary Disasters are inevitable but mostly unpredictable, and they vary in type and magnitude. The best strategy...
Words: 5950 - Pages: 24
...THREAT FRAMEWORK Information systems are frequently exposed to various types of threats which can cause different types of damages that might lead to significant financial losses. Information security damages can range from small losses to entire information system destruction. The effects of various threats vary considerably: some affect the confidentiality or integrity of data while others affect the availability of a system. Currently, organizations are struggling to understand what the threats to their information assets are and how to obtain the necessary means to combat them which continues to pose a challenge. The ISF’s Information Risk Analysis Methodology (IRAM) enables organizations to access business information risk and select the right set of security controls to mitigate that risk. IRAM2 Founded in 1989, the Information Security Forum (ISF) is an independent, not-for-profit association of leading organizations from around the world. It is dedicated to investigating, clarifying and resolving key issues in cyber, information security and risk management by developing best practice methodologies, processes and solutions that meet the business needs of its Members. ISF aims its products at large public and private sector organizations, and produces an annually updated Standard of Good Practice for Information Security. This approach has three phases: a business impact assessment which determines the security requirements of the business, a threat and vulnerability...
Words: 2215 - Pages: 9
...Sociotechnical Systems Theory, Quantitative Management, Organizations Theory, and System Theory approaches and Macro, Internal, and Competitive environments all have their place and relevance to managing a business. Some are more helpful than others and can be a great asset to building a business and some seem to lack importance or stability. Which ones are best for certain situation depends on what business a person is in and what position they are holding at the current time and place in the business. There are differences between the four contemporary approaches to management. Sociotechnical Systems Theory is different from the other approaches in that it deals with the people or human side of business. Human interactions and interpersonal relationships are considered in the decision making process. The people are handled more hands-on and allows people to correct any mistakes or problems early on. Quantitative Management is unique from the other approaches because it deals mostly with management issues in a mathematical way. Though there seem to be issues with this because most problems that arise cannot be solved in a mathematical way as in dealing with a management issue that an employee is misbehaving or not completing work on time. Organizations Theory differs from the other approaches as it is more cause and effect. How the manager treats the employee is how the employee will in turn act or work. If a manager does not know what they are doing or does not train their...
Words: 651 - Pages: 3
...VOLUME 3, ISSUE 1, JANUARY 2014 ISSN 2277-8616 The Impact Of Accounting Information Systems (AIS) On E-Commerce Analytical Study-Service Sector-Jordan ASE Dr. Muhannad Akram Moqbel Abstract: study examines the effect of accounting information systems for listed companies in the services sector in the Amman Stock Exchange on ecommerce using three main aspects: The presence accurate accounting information system imposes on companies that the development of its methods to handle e-commerce, The effects on accounting information systems under the E-commerce will relate to influence the components of accounting information systems and the last one is The effects on accounting information systems under the E-commerce will change the resources of the physical and human resources companies. Keywords: AIS Accounting Information Systems, Service Sector, E-commerce, Amman Security Exchange ASE, Physical Resources, Human Resources. ———————————————————— 1 INTRODUCTION THIS study examines the effect of accounting information systems for listed companies in the services sector in the Amman Stock Exchange on e-commerce. As known the service sector in Jordan is the most important sector between another sectors in (ASE) , Therefore, the need arises to pay attention to this sector to see how technological development quotient, and particularly the presence of companies use accounting information systems, and with a process of ecommerce in its the marketing organizing. E-commerce represents...
Words: 2873 - Pages: 12
...2015). Data security in a network system should be guaranteed to prevent adverse effects of cyber-attacks. This paper discusses the possible effects of compromised information security and the measures to ensure wireless network systems are secure. Effects of Compromised Security in Security Infrastructure Design Some of the effects of compromised information security are theft, lost revenue, and ruined reputation. The effects are discussed below. Theft If a hacker gains access to the network or a site of the business, theft may occur. The hacker may...
Words: 444 - Pages: 2
...Introduction to Business Processes Multiple Choice Questions 1. | Which term refers to business processes that are not executed by a single group or function? a. Silo Effect b. Cross-Functional c. Functional Structure d. Enterprise Systems e. Organizational StructureAnswer: b Difficulty: Easy Page Reference: 1Section: The Functional Organizational Structure Practice: | 2. | Which term refers to a system in which workers complete their tasks in separate departments without regard to the consequences for the other components of the process? a. ERP Effect b. Cross-Functional c. Functional Structure d. Enterprise Systems e. Silo EffectAnswer: e Difficulty: Easy Page Reference: 2Section: The Functional Organizational Structure: The Silo Effect Practice: | 3. | Which system supports business processes end to end? a. Management System b. Accounting System c. Enterprise System d. Functional Structure e. Document SystemAnswer: c Difficulty: Medium Page Reference: 2Section: The Functional Organizational Structure: The Silo Effect Practice: Yes | | 4. Which of the following statements about business processes is true? a. They are executed across multiple functions. b. They are initiated by some type of trigger. c. They involve multiple steps. d. All of the above e. None of the aboveAnswer: d Difficulty: Medium Page Reference: 4Section: Business Processes...
Words: 1102 - Pages: 5
...What Business Model Advantage Differs from Competitive Advantage: A Case Study of 7-Eleven Japan Yuwei Shi, Ph.D. Fisher Graduate School of International Business Monterey Institute of International Studies 460 Pierce Street Monterey, CA 93940 Phone: (831) 647 6682 E-mail: yuwei.shi@miis.edu Keywords: Business model, strategic management, competitive strategy 2 Abstract This paper introduces a business model framework based on a synthesis of a wide array of diverse business model definitions and related arguments. The intention is to make the theory discussions on business model more useful to the design, development and analysis of actual business models. The synthesis follows the mainstream strategic management theories of profit under competition. The business model framework includes four interrelated component models: the exchange model, the organizational model, the resource model, and the financial model, each with its own strategic logics. Together these component models and their strategic logics describe a comprehensive business model, which enables more meaningful strategic analysis. In order to demonstrate the use of this framework, particularly in comparison with the more traditional competitive analysis, this paper also applies the framework to analyzing the business model of 7-Eleven Japan. It states the additional insights drawn from the comparative analyses, and draws implications for the managerial task of business model design...
Words: 4310 - Pages: 18
...organisation meets the objectives of its different stakeholders 4 1.3. Explain the responsibilities of an organisation and strategies employed to meet them 5 Task 2. The nature of the national environment in which your chosen business operates 6 2.1. Explain how economic systems attempt to allocate resources effectively 6 2.2. Assess the impact of fiscal and monetary policy on business organisations and their activities 7 2.3. Evaluate the impact of competition policy and other regulatory mechanism on the activities of a selected organisation 7 Task 3. The behaviour of your chosen organisation in its market environment 8 3.1. Explain how market structures determine the pricing and output decisions of the business 8 3.2. Illustrate the way in which market forces shape organisational responses using a range of examples 8 3.3. Judge how the business and cultural environments shape the behaviour of a selected organisation 9 Task 4. The significance of the global factors that shape business activities of your chosen organisation 10 4.1. Discuss the significance of international trade for your organisation 10 4.2. Analysis the impact of global factors on your chosen organisation 10 4.3. Evaluate the impact of European Union policies on your business organisation 11 Part B 12 Task 5. Report 12 a). how the downturn in the UK economy since 2008 and the double dip recession has impacted on your chosen organisation 12 b). how should your chosen organisation respond to these...
Words: 3922 - Pages: 16
