...Read Me First Week One Introduction INFORMATION SYSTEMS PLAY A KEY ROLE IN ALMOST EVERY ORGANIZATION TODAY. THE AMOUNT OF WORK THAT MUST BE DONE REQUIRES ASSISTANCE THAT COMPUTER SYSTEMS CAN PROVIDE. THEY COVER INTERNAL AND EXTERNAL FUNCTIONS IN THE ENTERPRISE. INTERNAL SYSTEMS INCLUDE PAYROLL, ACCOUNTING, AND INVENTORY MANAGEMENT. EXTERNAL SYSTEMS COVER AREAS SUCH AS SALES, MARKETING, AND WEBSITES. SOME SYSTEMS SPAN BOTH AREAS, MANAGING INTERNAL AND EXTERNAL PARTS OF THE RELATED FUNCTIONS. Some information systems are visible parts of an organization’s operations, but others lie under the surface. The latter types provide vital services, but may not be as visible to users. This week in relationship to the course and the program THIS WEEK STARTS WITH AN OVERVIEW OF INFORMATION SYSTEMS. YOU WILL EXAMINE THEIR COMPONENT PARTS AND THE DIFFERENT ROLES THEY FILL IN THE ENTERPRISE. YOU WILL ALSO LOOK AT HOW THEY ENHANCE THE MODERN ENTERPRISE AND ENABLE NEW BREAKTHROUGHS WITH THE CAPABILITIES THOSE SYSTEMS PROVIDE. Hints for a reading strategy of the assigned materials READ THE CHAPTERS AND BECOME FAMILIAR WITH THE WAYS INFORMATION SYSTEMS ENABLE THE MODERN WORK WORLD. LINK WHAT YOU READ TO YOUR EXPERIENCE AS A USER OF INFORMATION SYSTEMS. UNDERSTANDING THE INTEGRAL ROLE OF INFORMATION SYSTEMS IN THE MODERN ENTERPRISE CAN HELP YOU UNDERSTAND HOW TO USE THEM MORE EFFECTIVELY IN THE FUTURE. Keep your eyes open for systems that began as optional enhancements,...
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...Enterprise resource planning in the global marketplace, advantages and limitations Name: Michael Yin Course: OPM-5050 Professor: R. Levary Abstract Enterprise Resource Planning (ERP) is one of the major issues the modern-day entrepreneurial world. This paper discusses ERP in details and extensively. The paper introduces ERP by giving background information, discusses the evolution of ERP systems, analyses the advantages and limitations of ERP systems, and concludes by giving a summary of the important aspects of ERP discussed. Enterprise resource planning in the global marketplace, advantages and limitations Introduction The entrepreneurial scene and global market have become more vibrant in the recent years, and for this reason, there have been debates and concerns on how enterprises and companies should enhance their competitiveness and agility. The greatest concern in the business world is profitability, and in accomplishing this, enterprises have put in place strategies and measures that gradually help make strides towards the desired direction. Another primary focus of enterprises is to see an improvement of their business agility and to accomplish this, enhancements have been made including efficiency of production, product and service quality, as well as response time to consumers. A fundamental aspect of the accomplishment of the mentioned enhancements and objectives is information technology. As much as its installation and implementation in enterprises is costly...
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...On the Crisis Management of the Modern Enterprise BIAN Tingting1, 2, TAN Zhanglu2 1 School of Management, Beijing Union University, Beijing, China, 100101 2 School of Management, China University of Mining &Technology, Beijing, 100083 teacherbian@126.com Abstract: Modern enterprises are facing more and more crisis from the external environment. This paper starts from the four major foreign crisis management theories, then analyzes the main problems of the enterprise crisis management in our country, finally it raises the three aspects ideas of the modern crisis management. The three aspects are named crisis prevention, crisis resolving and summer up after crisis. From the three aspects, we should strengthen the crisis management, and control the deterioration of the crisis in time to ease the crisis finally to turn crises into opportunitiesin order to minimize or avoid the loss of the enterprise caused by crisis. Keywords: Modern enterprise, crisis, crisis management 1 Introduction With the acceleration of economic and social globalization, internal and external business environment becomes more complex and changeable, and are full of uncertainty. This uncertainty has brought the potential for the enterprise crisis. Today's economic and social development is more than ever vulnerable to social conflict, terrorism, technological disasters, and financial crisis. Crisis exists anywhere and anytime...
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... 3, No. 5 Modern Applied Science A Study of an Evaluation Model on Manufacturing Execution System in Paper-making Enterprises Zhihong Xu Key Lab for Paper Science and Technology of Ministry of Education Shandong Institute of Light Industry Shandong 250353, China E-mail: xzh1385@163.com Feng Huang The State Key Laboratory for Microbial Technology Shandong University, Shandong 250100, China Jiachuan Chen & Guihua Yang Key Lab for Paper Science and Technology of Ministry of Education Shandong Institute of Light Industry Shandong 250353, China Abstract Manufacturing execution system (MES) is a production management technology and real-time information system which lies between the enterprise upper layer (ERP) and the bottom layer (PLC/DCS) and faces to workshop layer. MES's concept, its functional model and its important status in the manufacture industry are introduced in this article. Based on the production practice in Kunshan Banknote Paper Mill, an evaluation model of EMS is set up. The model also has a certain reference value to the construction of management information system (MIS) for the relative industries. Keywords: Pulp and paper industry, Manufacturing execution system, Furzzy evaluating method 1. Introduction The construction of informationization has made considerable progress with years of development in domestic paper industry. Large and medium-sized paper-making enterprises has widely adopted Enterprise Resource Planning (ERP) for enterprise production planning...
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...ERP for Retail Sector Presented By: Astha Priyamvada What is ERP? Enterprise Resource Planning systems or the ERP systems refer to the software packages that integrate all the data and the related processes of an organization into a unified Information System (IS). An ERP system uses a central database that holds all the data relating to the various system modules. In order to achieve a seamless integration, an ERP system uses multiple hardware and software components. ERP packages are heavily used by larger retail chains. Designed to facilitate the administration and optimization of internal business processes across an enterprise, ERP packages have become the competitive tool for most large retail organizations. An ERP software uses a single database that allows the different departments to communicate with each other through information sharing. ERP systems comprise of different modules such as order entry, purchase, sales, finances, inventory management, DRP (Distribution Resource Planning), human resources and budgeting software. The components are designed to work effortlessly with the rest of the system and provide a consistent user interface throughout the system. ERP software packages have an enterprise wide reach that offers cross-functional capabilities to the organization. The different functional departments involved in the operations or inventory processes are integrated into a single system. An ERP package takes care of the various business...
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...the trend of globalization, the foundation of the enterprise business operation happened great change, enterprise management environment uncertainties in the increase, the competition between enterprises as hot as ever, the enterprise had to its business decision and management control system adjustment. To strengthen internal management of the realistic requirement to management accounting put forward new challenges. On the one hand, in the contemporary globalization trend influence, management accounting more and more be external information and the financial information on the impact of the correlation between decision-making, management accounting must adapt to the change; On the other hand, the enterprise organization the internal structure of the change also forced the management accounting in the management control aspect to have the new breakthrough, in order to meet the needs of the management decisions. First, the structure of organization often adopts international division structure. Along with the international sales total sales proportion of growth, many success from the international division structure evolution into regional division structure. However, when the globalization trend of global efficiency to bring to enterprise rich global benefit, the structure of organization again face reconstruction. In the district division structure, subordinate company lack of research and development power; The enterprise internal good experience and product is spread and...
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...business, especially with the current uncertainty in the world’s economic climate. In order for businesses to survive, during times of increased strain on business operations, it is essential that an alignment between security and business operations can be achieved. This can be achieved by the security department not only widening the remit to cover more risks, but changing how the department works and relates to the rest of the business; including shared responsibility for things such as Corporate Governance, Information Assurance, Business Continuity, Reputation Management and Crisis Management. The problem is security departments now have more responsibilities in an increasingly complex and fast moving world. Security Risk management is no longer an activity just for companies who work in high-risk areas or with exposure to significant security threats. Therefore, security is no longer viewed as a stand-alone activity but as part of a number of disciplines; including Enterprise Risk Management, Business Continuity Management, Reputation Management, Crisis Management, Disaster Recovery and Emergency Management Planning. The types of changes that may be integrated using these disciplines will create significant resilience or...
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...Table of content 1. Introduction 1 2. Traditional conditions and issues in business operations and commercial environment 1 2.1 Previous situations of operating business and the relevant environment 1 2.2 Issues generating along with time increased 2 3. The rise of online presence in modern business 2 4. One kind of online presence --- websites 3 4.1 Impacts of websites on business operations 3 4.1.1 Procurements & sales 4 4.1.2 Employment 7 4.1.3 Promotions 9 4.1.4 Security and privacy 11 4.2 Influences of websites on commercial environment 13 4.2.1 Industry environment 13 4.2.2 Social environment 14 5. Advantages and disadvantages of some other online presence 15 5.1 Blogs & microblogs 16 5.2 Search engines 16 5.3 Social networks 17 6. Conclusion 18 7. Bibliography 19 1. Introduction ‘Over time, trade became a more formalized, structured process, evolving from one-to-one transactions into many-to-many exchanges’ (PricewaterhouseCoopers LLP SAP AG, 2001, P1); in addition, modern business is partial to be built electronically on a network in order to be more efficient and convenient. This report will chiefly discuss how the online presence websites impact on the business operations which cover procurements and sales, employment, promotions, and security and privacy; furthermore, introduce the significant changes which are brought by the websites on the commercial environment. Finally, both benefits and limitations...
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...Logistics Cost Management of Enterprises Abstract: In the context of global economic integration , along with the development of international trade in full swing , the international logistics industry has been rapid development . But overall, the logistics industry is still much room for development, logistics costs in corporate expenses and the country's GDP composition plays an important role in both . This clearly illustrates the composition of enterprise logistics cost , briefed the logistics management theories and factors affecting the cost of logistics enterprises , and enterprises to reduce logistics costs and provide effective recommendations. Abstract: On the background of economic integration, with the development of international trade, international logistics has also been got rapid growth. But there is still much room for the development of the whole logistics industry, logistics costs play an important in business spending and the country's GDP. This article clearly illustrated the constitute of the costs of logistics, briefly introduced the theory of logistic management and the factors which can effect the logistic costs of the company, and provided effective recommendation on how to reduce logistics costs. Keywords: logistics costs, enterprises, management Keywords: logistic costs, company, management I. Introduction Logistics cost management in modern logistics management occupies an important position , "Logistics is the economic dark continent ", " Logistics...
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...Retail Enterprise Resource Planning Enterprise Resource Planning systems or the ERP systems refer to the software packages that integrate all the data and the related processes of an organization into a unified Information System (IS). An ERP system uses a central database that holds all the data relating to the various system modules. In order to achieve a seamless integration, an ERP system uses multiple hardware and software components. ERP packages are heavily used by larger retail chains. Designed to facilitate the administration and optimization of internal business processes across an enterprise, ERP packages have become the competitive tool for most large retail organizations. An ERP software uses a single database that allows the different departments to communicate with each other through information sharing. ERP systems comprise function-specific components that are designed to interact with the other modules such as the Order Entry, Accounts Payable, Accounts Receivable, Purchasing, Distribution etc. ERP systems comprise of different modules such as order entry, purchase, sales, finances, inventory management, DRP (Distribution Resource Planning) and human resources. The components are designed to work effortlessly with the rest of the system and provide a consistent user interface throughout the system. ERP software packages have an enterprise wide reach that offers cross-functional capabilities to the organization. The different functional departments involved...
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...Vol. 2, No. 2 International Business Research Total Quality Management in Supply Chain Guangshu Chang Zhengzhou Institute of Aeronautical Industry Management Zhengzhou 450015, China E-mail: cgs30@163.com This work is sponsored by Aerospace Science Foundation of China (2008ZG55019), Important Science and Technology Project of Henan Province (072102240037), Foundation for University Key Teacher by Henan Province (2008-708-94), and Education Foundation of Henan Province (2008B630009). Abstract Since 1980’s, the competition between enterprises has become the one between supply chains. Therefore, the implementation of total quality management (TQM) in supply chain system but not only in enterprise has become an exquisite premise for the survival of enterprise. This paper discussed the application of the eight modern TQM principles of ISO9000 in supply chain quality management, namely customer focus, leadership, involvement of people, process management, system management, continual improvement, factual approach to decision-making, and mutually beneficial supplier relationships. Keywords: Supply Chain, Total Quality Management, ISO9000 1. Introduction In nowadays, the core ideas of TQM set forth by W. Edwards Deming, Joseph Juran, and Kaoru Ishikawa gained significant acceptance and has become something of a social movement. The series standards of ISO9000 are implementing in many industries, such as manufacturing, service, health care, nonprofit organizations, educational institutions...
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...Management Information System (MIS). The information needs of the various managerial levels are pointed out and the stages in the development of MIS are defined. The growing importance of the application of MIS in tailoring industry is shown. Key words: Information Technology (IT), Management Information System (MIS), tailoring industry INTRODUCTION We are living in a time of great change and working in an Information Age. Managers have to assimilate masses of data, convert that data into information, form conclusions about that information and make decisions leading to the achievement of business objectives. For an organization, information is as important resource as money, machinery and manpower. It is essential for the survival of the enterprise. Before the widespread use of computers, many organizations found difficulties in gathering, storing, organising and distributing large amounts of data and information. Developments in computer technology made possible for managers to select the information they require, in the form best suited for their needs and in time they want. This information must be current and in many cases is needed by many people at the same time. So it have to be accurate, concise, timely, complete, well presented and storable. Most firms nowadays depend on IT. But personal computers (PCs) themselves will not improve organizational productivity: this only comes about if they are used efficiently and effectively. The information system is the...
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...Financial accounting refers to accounting and oversight of the companies have completed a comprehensive system of campaign funds, that the external economic stakes of investors, creditors and the government departments concerned and enterprises to provide economic information of the financial position and profitability as the main target carry out economic activities. Financial Accounting is an important foundation work of modern enterprises, through a series of accounting procedures, provided useful information for decision-making, and actively participate in management decisions, improve the economic efficiency of enterprises, service in the healthy and orderly development of the market economy. Management accounting, also known as "internal report accounting", it means: to present and future campaign funds, to enhance economic efficiency for the purpose of internal managers provide the scientific basis for management decision-making as the goal of economic management activities. Popular financial accounting is the total company accounting processes, cost accounting is the part of management accounting is a financial accounting calculation based on future projections of the company. In economic management, accounting work is an important part of one is closely linked to the effective operation of economic and accounting work. Comparison of management accounting and financial accounting for the study of accounting work in-depth research and analysis. Overview of management...
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...Training Strategies in Small and Medium-sized Enterprises from the Perspective of Technology Innovation AiYing Li (Corresponding author) Lin-Yi University Shandong Lin-Yi 276005, China E-mail: linq1959@163.com Lin Ye Shanxi Normal University Shanxi Lin-Fen 041004, China E-mail: linyegreat@126.com Received: October 18, 2010 Abstract It’s very important to know the training needs of enterprise's past and present demand, training activities planning often starting to solve problems of the past and present. Based on technical innovation training, training analysis is ascending into the strategic level, standing in a new height. Through the analysis of the role which enterprise training plays in technology innovation, based on the enterprise development strategy, job analysis and technical requirements; propose technical processes in small and medium-sized enterprises. From the Angle of enterprise technology innovation, put forward the enterprise training strategies which should be adopted in small and medium-sized enterprises. Keywords: Enterprise training, Small and medium-sized enterprises, Technology innovation, Training strategy 1. Introduction: The number of small and medium-sized enterprises in China accounted for 99.3% of total national enterprises, 55.6% of national GDP, 74. 7% of industrial added value, 58.9%of social sales tax, revenue 46 percent and exports 62.3% are created respectively by small and medium-sized enterprises and approximately 75% of the urban employment...
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...2/8/2016 Problems and Prospects for Modern Business Enterprises of Bangladesh Submitted to: Dr. Sabnam Jahan Associate Professor Department of Management University of Dhaka. Submitted by: Abul Kalam Azad EMBA Student code: 3-16-32-063 Course code & Title: EM: 501 Introduction to Business Abul Kalam Azad BANGLADESH POLICE Table of Contents Introduction ................................................................................................................................................................. 2 Business Background of Bangladesh ....................................................................................................................... 2 Problems and Prospects for Modern Enterprises ............................................................................................... 4 Poverty and inequality ........................................................................................................................................... 4 Social development ................................................................................................................................................ 4 Political affairs, good governance and human rights ...................................................................................... 4 Security matters ..................................................................................................................................................... 5 Indigenous...
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