...Benefits and Pitfalls of Information Security in an Office Environment Daniel Miller Troy State University Benefits and Pitfalls of Information Security in an Office Environment Introduction Information security is a critical concern in most, if not all modern office environments. Moreover, the more an organization depends on information technology to execute its core functions, the more important information security proportionally becomes (Tiwari & Karlapalem, 2005). Although companies have always recognized the importance of protecting sensitive information, the particular issue of information security is largely an outgrowth of the invention of modern computers. Starting during World War II, computer scientists and operators began to recognize the major contours of modern information security systems: protection of physical premises, hardware, and software (Whitman and Mattord, 2010, p. 3). Today, information security practices are prevalent across all forms of business and government, especially where personal computers and the Internet are used. Typical office and business environments are natural sites for information security to be implemented, and such practices have both advantages and disadvantages—or benefits and pitfalls. The benefits of information security in office environments are primarily related to its ability to contribute to business success by securing systems, data, and other key assets from threats and attacks. Conversely, the...
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...that lets you buy or sell a small business online. BizMarket matches buyers with sellers confidentially and securely. Why should you use BizMarket to buy a small business? BizMarket lets you search a database of 30,000 small businesses free of charge. No registration is required. BizMarket also guides you through the steps of the purchase and helps you avoid the pitfalls. How do you sell a business? List your business by completing an online form. BizMarket adds the business to its database and e-mails buyers who are looking for businesses like yours. You can also purchase a standard or high-profile ad that BizMarket places on its Web site and with major search engines. Why should you use BizMarket to sell a small business? BizMarket helps you reach thousands of buyers for less than the cost of a typical classified ad in a local newspaper. BizMarket also provides a free business valuation so you can determine what your business is worth and list it at the right price. Does BizMarket earn a commission on business sales? No. BizMarket only charges a fee to list your business for sale. It is not otherwise involved with the sales transaction. How do you search for a business to buy? Use the search tools at the BizMarket Web site to find businesses that are actively for sale. You can search by location, business category, asking price, or other special criteria, such as whether the business is a franchise, home-based, or start-up business. What types of businesses are for...
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...Communications Report | Effective Business Communications | | Effective Business Communications Prepared for Prepared by November 13, 2012 Letter of Authorization Alvin C. Miles Director of Business Development Lecturer of Management EMBA Coles College of Business Kennesaw State University October 29, 2012 Team Green Fusion EMBA Coles College of Business Kennesaw State University Dear Team Green Fusion: The documents (3 in total) directly beneath this assignment should be used to complete your formal communications report. This assignment is broken in to two parts: your team's evaluation of your assigned team's individual presentations and the formal communications report. This is to be a team assignment. This assignment is to be completed by November 18th Business report and presentation slides are available for review in the Business Communication Learning Module. Please look at the notes associated with each slide for additional information: A Microsoft Word template has also been supplied as a starting point for the formal report. If there are questions, the team is expected to delineate guidelines through research, inquiry, and rational decision making. I anticipate that teams will search for formal report guidelines to get specificity on structure, or look up white papers to read sample abstracts. In a Master’s program, this is the expectation. Each report will vary according to the interpretation of the requirements...
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...The Two Sides of the Family Business The Two Sides of the Family Business Many people may think it would be wonderful to run their own business. They can imagine the freedom of being their own boss, making the decisions in the day to day running of their company, and keeping the profits for themselves instead of spending their blood, sweat, and tears for someone else’s benefit. And if this was a family business? That can make it seem even more attractive. Working with loved ones, sharing in the fruits of your labors together. But this can be a very romantic notion, especially when we look to business outside of the United States. It is true that being part of a family business can have the advantages as stated above, but it also comes with its own list of hardships that may not be suffered by a non-family run company. There can be many pros and cons to both types of businesses, and with that means different types of strategies to overcome individual obstacles. This takes looking at both types of companies from the outside with an objective eye and seeing what the advantages of each are as well as the pitfalls. In the United States it can be decidedly easier to start up a business than in other countries. We have more access to capital than many other places, as well as things such as crowd funding, or even just working and putting money aside until we have enough funds for a startup. This however is often not the case in more disadvantaged areas, particularly in African...
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...go into business for yourself? Or would you buy someone else business if you have worked for a company and they see what you can do within the company but you don’t know the business side of the company what would you do? Well in this paper that is a question that Bill has to think about. Bill has been ask by his boss Mr. Hugo if he would like to buy his Hugo has watch Bill in the company and know what Bill can do. Introduction Over 12 years Bill had polished his skills under the watchful and critical eye of Mr. Hugo. He was quick to recognize Bills talent for the trade. Mr. Hugo knew that Bill had a good attitude about learning and a drive for perfection that Mr. Hugo admired. This is what you will read about in this paper. This is an e-mail to Bill. Which entrepreneurial/small business owner characteristics does Bill have that may be important to his success? The characteristics that Bill has that maybe important to his success is that Bill made sure that he polished his skills that were under the watchful eye of his boss Mr. Hugo. Hugo knew that Bill was a real craftsman when it came to him working with machinery. Bill also had a positive attitude in learning and displayed the drive for his perfection. Mr. Hugo loves the work that Bill did and he knew that Bill was well respect and the customers love Bill (AIU Online.com). There were difference characteristics that could lead to his failure and in most case when you are try to start a business or like...
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...CHAPTER 1 The Nature of Strategic Management True/False Introduction 1. The underpinnings of strategic management hinge on managers gaining an understanding of competitors, markets, prices, suppliers, distributors, governments, creditors, shareholders and customers worldwide. Ans: T Page: 4 2. Although the Internet has increased in popularity, it has actually led to increases in company expenses. Ans: F Page 4 3. Consumer e-commerce is five times greater than business-to-business e-commerce. Ans: F Page 4 What Is Strategic Management? 4. Optimizing for tomorrow the trends of today is the purpose of strategic management. Ans: F Page: 5 5. Even though useful, strategic planning has been cast aside by corporate America since the early 1990s. Ans: F Page: 5 Resource allocation is included in strategy-formulation activities. Ans: T Page: 5 6. The terms strategic management and strategy implementation are synonymous. Ans: F Page: 5 7. A vision statement is, in essence, a company’s game plan. Ans: F Page: 5 8. Strategy implementation is often considered to be the most difficult stage in the strategic-management process because it requires personal discipline, commitment and sacrifice. Ans: T Page: 6 9. The final stage in strategic management is strategy implementation. ...
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...Can Selling Be Globalized? THE PITFALLS OF GLOBAL ACCOUNT MANAGEMENT David Arnold Julian Birkinshaw Omar Toulan T o international companies, there is something both inevitable and desirable about the trend towards globalization of the sales function, usually referred to as global account management. It is inevitable because major business customers are generally well down the road to globalization in supply chain management, and from their major suppliers worldwide they increasingly demand contracts with standardized terms in areas such as product specification, price, and service standards. It is desirable because the institution of global customer management is in line with trends like customer relationship management and building customer-centric organizations, ideas which currently hold much sway with top executives in many multinational corporations. However, vendor companies should think carefully before jumping on the global customer bandwagon. Such relationships can turn out to be quite different from expectations. In many cases, vendors find that the unanticipated costs outweigh the benefits. Over the last two years, we have conducted field research into global account management from the vendor's perspective in Europe and North America. In over half the corporations, we found management struggling to figure out how to make this system work. In many cases, the major change that resulted from classifying a customer as a global account was increased downward...
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...DEVELOP & IMPLEMENT STRATEGIC PLAN DEVELOP & IMPLEMENT STRATEGIC PLAN Introduction: The purpose of strategic or long-range planning is to assist the Association in establishing priorities and to better serve the needs of the membership. A strategic plan must be flexible and practical and yet serve as a guide to implementing programs, evaluating how these programs are doing, and making adjustments when necessary. A strategic plan must reflect the thoughts, feelings, ideas, and wants of the developers and mold them along with the Association's purpose, mission, and regulations into an integrated document. The development of a plan requires much probing, discussion, and examination of the views of the leaders who are responsible for the plan's preparation. However, more often than not, the development of the plan is less complicated than is the implementation. Implementation, in essence, pulls a plan apart and diffuses it throughout an organization. Every unit within the organization which is involved must then accept the plan, agree to its direction, and implement specific actions. In order to effectively and efficiently implement a plan, all individuals involved in its implementation must function as a whole or the plan is destined for failure. [pic] Part A A DEFINITION OF STRATEGIC PLANNING Strategic planning is a tool for organizing the present on the basis of the projections of the desired future. That is...
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...housing in select areas? “Rising mortgage interest rates will price out some potential buyers (usatoday.com, 2014).” However, looking at what is affordable and what is not, one has to look at the location as well as characteristics of what type of home is being built. “The average share of the home’s sales price which goes to the construction costs jumped from 59 percent in both 2009 and 2011 to 62 percent in 2013(eyeonhousing.org).” The land the home is built on is a small percentage of the value of the home as well. Home prices are also based on classes of how the home is constructed and location. The usual four classes of homes built in the US can be categorized as economy home, average home, custom built, and luxury built. In some areas homes can be priced well below the construction cost. In large areas of country, like outside of city or rural areas, the price of purchase will come even closer to construction cost. Cities and suburbs on the other hand is where the prices of homes is much higher than the cost of new construction. Even though they do not represent the norm, this can be construed as pricing certain individuals out of cities and suburbs. Supply and Demand Why do some areas fair better than others when it comes to home prices? High cost areas fair better due to certain attractions, the center of gravity were all the action is. People are willing to pay more for areas they feel more secure along with other amenities like good schools, good weather, and job...
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...Decision making is a vital component of small business success. Decisions that are based on a foundation of knowledge and sound reasoning can lead the company into long-term prosperity; conversely, decisions that are made on the basis of flawed logic, emotionalism, or incomplete information can quickly put a small business out of commission (indeed, bad decisions can cripple even big, capital-rich corporations over time). All businesspeople recognize the painful necessity of choice. Furthermore, making these choices must be done in a timely fashion, for as most people recognize, indecision is in essence a choice in and of itself—a choice to take no action. Ultimately, what drives business success is the quality of decisions, and their implementation. Good decisions mean good business. The concept of decision making has a long history; choosing among alternatives has always been a part of life. But sustained research attention to business decision making has developed only in recent years. Contemporary advances in the field include progress in such elements of decision making as the problem context; the processes of problem finding, problem solving, and legitimation; and procedural and technical aids. THE ELEMENTS OF DECISION MAKING THE PROBLEM CONTEXT All decisions are about problems, and problems shape context at three levels. The macrocontext draws attention to global issues (exchange rates, for example), national concerns (the cultural orientations toward decision processes...
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...Avon Products, Inc. (Avon) is based in New York. The firm engages in the manufacture and marketing of beauty and complimentary products primarily in North America, Latin America, Europe, and Asia Pacific (Yahoo Finance, 2005). Avon's products are classified into three product categories: Beauty, Beauty Plus, and Beyond Beauty. The Beauty category consists of cosmetics, fragrances, skin care, and toiletries; Beauty Plus includes fashion jewelry, watches, apparel, and accessories; and Beyond Beauty comprises home products, gift and decorative products, candles, and toys (Ibid). The company sells and markets its products through a combination of direct selling, marketing by independent Avon representatives, and via its consumer Web site, avon.com. This paper will explore how the company is fairing under the leadership of its current CEO, Andrea Jung. There are two opposing views regarding the company's current and future success. One group feels that the firm has a promising future with Jung at the helm while the other group does not. This paper will analyze the pros and cons uncovered by each team member and discuss which view prevailed in the debate and why. Pros and Cons Pros of Jung and Avon Andrea Jung became president and CEO of Avon in 1999 and has totally revamped the company. Under her leadership, the company has updated its product line, launched new advertising, and created a new image (Fact Monster, 2005). Avon's sales have increased by 30 %, profits 40%, and...
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...less stringent than U.S. GAAP regarding certain disclosures, therefore, how will the information be disclosed in order for investors and creditors to make informed decisions. From an ethical standpoint will companies chose to use IGAAP because it is less stringent and the disclosure will be less disclosed than it is today. Finally the idea of enforceability, in certain countries, will the Commission actually have authority to hold companies accountable for misleading, fraudulent or inaccurate disclosures or unethical behavior. What jurisdictional powers will be given and will the Countries that the Companies are located in allow the Commission to prosecute the bad apples. Personally, every day from items that occur at work or at home everyone is affected by this. With the global economy becoming smaller every...
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...For foreign executives, doing business for the first time in India can be a bewildering experience. There's the new -- different business customs, bureaucracy and the dizzying scale of the population -- but also the familiar. "You'll likely be dealing with people who speak the Queen's English, and who graduated from top Western universities," said Jitendra Singh, a management professor at the University of Pennsylvania's Wharton School. "You can get lulled into a false sense of security -- "but for people dressing a little different and talking a little different, they are just like me,'" he said. "That's a completely false premise. There are all kinds of nuances in the culture, implicit cultural norms that we don't know about until we run afoul of them." As the world's second most populous nation, with more than one billion people, India is projected to become one of its biggest economies. It is tipped by PricewaterhouseCoopers to nearly draw level with the United States by 2050. "For companies with any kind of global interest, the writing is on the wall that they need to have a strategy for India," said Singh. Read more: Doing business in China But Singh said that for Western companies rushing to enter the Indian marketplace, it needs to be recognized that the country is a very different proposition -- both in terms of business practices and consumer preferences -- and must be treated accordingly. "One of the common pitfalls in addressing the Indian marketplace...
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...A new book due in August by Kaplan and David P. Norton aims to make strategy a continual process. The Execution Premium: Linking Strategy to Operations for Competitive Advantage (HBS Press) shows managers how to weave organizational principles into a more effective management system that respects the differences between strategy and operations yet integrates them in a powerful way. Kaplan and Norton introduced the Balanced Scorecard, a performance measurement system, in 1992. The Execution Premium is their fifth book as coauthors. Kaplan recently explained the ideas behind The Execution Premium and how they bridge the common divide between strategy and operations. Q: What particular issues around execution need to be better addressed in business? A: There are two key issues. First is leadership. Without strong visionary leadership, strategy will not be executed effectively. The second key issue is to recognize that strategy and operations (or tactics) are both important but different. The normal course of events is for companies to focus on day-to-day operations and short-term problem solving. Management meetings focus on fighting fires and fixing problems. Often little time and few resources are committed to strategic issues. We don’t advocate abandoning an intense focus on operations and their improvement. But we do advocate that planning strategy, not just describing it, is important. The senior management team needs to have regular, probably monthly, meetings that focus...
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...Benecol: Raisio's Global Nutraceutical Raisio is preparing to launch a new product, Benecol, to the global market. Benecol is a nutraceutical that reduces LDL cholesterol when ingested on a daily basis. The product has been successful in the company’s home country of Finland. Raisio is building on this success by entering into a marketing agreement with Johnson & Johnson's McNeil Consumer Products Group. There are barriers to global marketing that Raisio must overcome, however. Benecol is under fire from the Food & Drug Administration (FDA). The FDA has regulatory objections, as this product is difficult to classify as a food, dietary supplement, or pharmaceutical. Introduction into the United States may not be in the best interests of shareholders, as the market is new to valuing the prospects for nutraceuticals. (Moffet, 1998) Discussion This launch, like any product launch, is a critical time for Raisio. The success of Benecol globally is key to the company’s survival. In order to penetrate the global market there is need for capital, risk evaluation, and a determination of a reward system for investors. The global launch of a product is a process aimed at building sales momentum. Steps include matching product capabilities to market needs, clear positioning and messaging, setting clear launch goals, utilizing the power of leverage, priming the pump, and timing the launch to maximize sales. Global launch must incorporate consideration of several important...
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