...Trident University Laura Rudyk Module 2, ITM501 Dr. Sam Biragbara 7 September 2014 Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting and data mining. Business intelligence applications can be mission-critical and integral to an enterprise's operations or occasional to meet a special requirement, enterprise-wide or local to one division, department or centrally initiated or driven by user demand. This term was used as early as September 1996, when a Gartner Group report said: By 2000, Information Democracy will emerge in forward-thinking enterprises, with Business Intelligence information and applications available broadly to employees, consultants, customers, suppliers, and the public. The key to thriving in a competitive marketplace is staying ahead of the competition. Making sound business decisions based on accurate and current information takes more than intuition. Data analysis, reporting, and query tools can help business users wade through a sea of data to synthesize...
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...Derrick Chapman Jr. ITM501- Module I Case November 11, 2013 In review of my position on information overload, there would be no such overload if avenues such as the various social media outlets, informative readings with little or no credibility, and networking forums with no proven success records were not so heavily relied upon within organizations. The course background readings shed light on how social media is hindering the notions of the Data, Information, Knowledge, and Wisdom. Data is defined as unprocessed information, while information is data that has had a chance to be processed, and finally knowledge and wisdom is something that can be reflected upon (Green, P. 2010). If you are constructively processing the data that you are receiving you will be come a learning organization, possessing the attributes of knowledge and wisdom. A learning organization will be taught through experience or simply stated trial and error. Learning will maximize innovation, effectiveness, and performance, and this knowledge should be spread throughout the organization creating a very reliable, proven, and stable structure. From a personal perspective if your organizations structure is designed to support and manage information there should be no overload. There are endless consequences to information overload, especially when the overload is at the hands of social media technologies. Most of the technologies were designed with the expectations...
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...[pic] Strategic Corporate Finance FIN501 Instructor Dr. Joshua Shackman In two to three paragraphs, explain why the concept of present value is so important for corporate finance and is often the very first topic taught in any finance class. Present Value is the process of determining what a cash flow to be received in the future is worth in today's dollars. Therefore, the Present Value of a future cash flow represents the amount of money today which, if invested at a particular interest rate, will grow to the amount of the future cash flow at that time in the future. The process of finding present values is called “Discounting” and the interest rate used to calculate present values is called the “discount rate”. Thus, the Present Value is an important concept in financial management. It can be used to compare investment alternatives and to solve problems involving loans, mortgages, leases, savings, and annuities. Time Value of Money is based on the concept that a dollar that you have today is worth more than the promise or expectation that you will receive a dollar in the future. Money that you hold today is worth more because you can invest it and earn interest. After all, you should receive some compensation for foregoing spending. For instance, you can invest your dollar for one year at a 6% annual interest rate and accumulate $1.06 at the end of the year. You can say that the future value of the dollar is $1.06 given a 6% interest rate and a one-year...
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...TUI UNIVERSITY Angelica M. Johnson Module 3 Case Study ITM 501 Management Information Systems and Business Strategy Prof. Sam Biragbara March 14, 2014 Introduction The purpose of this case study is to examine whether the availability and use of social media on the internet really provides businesses with new and different useful information. We will explain the reasons why we feel this is true. Additionally, we will provide a counterargument to my original position, and finally, re-address my original position in light of the counterargument. Businesses and Social Media The availability and use of social media on the internet absolutely provides businesses with new and different useful information. The key question is; are businesses ready to use social media, and the information exchange opportunity it provides, to their advantage? The internet and social media is a fast moving train; businesses can either get on that train, deliberately evolving in this frightening economy, or get run over by the train and die a sure death (Rodriguez, 2011). What Not To Do United Airlines Customer service is something all businesses know is important; however, not all businesses invest and prioritize customer service in their vision or strategic plans. If a business is a service or product provider with a well known name and brand, not paying attention to customers could be a big mistake. One such service provider, United Airlines, committed one of those big mistakes...
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...Planning for Change: Management Module 2- SLP Ernesto F. Curiel ITM501: Mgt. Info. Syst. And Bus. Strategy Professor Brian Holbert March 12, 2012 “People behind the projects are the fundamental drivers of success. They must possess a wide range of skills in order to be effective project managers” (Wu, 2005). This statement says a lot about what I believe for project managers. I have been handling projects since I was in high school when group projects were given out. At that age, it was hard to manage peers to finish a task and produce a project that would wow the teacher. Most of my buddies would tempt me to give up early and prevent me from cracking the whip to receive an A for the class. But this temptation faded fast when friends would leave my house and my competitive drive would keep me up all night upgrading the C grade project my classmates left me to an A. Little did I realize, my managerial skills were being developed and lessons were being learned. This assignment is similar to what I usually have to write or discuss with many military development classes I attend. I am currently in class away from home to improve my acquisitions program management skills. In just about every class, I tend to sell myself short due to the fear of not knowing about the task. For example, I am currently handling cyber issues in the Air Force and not being an acquisition program manager like the rest of my class. My experience is low and my knowledge of the...
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...International Islamic University Faculty of Management Sciences Program Requirement Duration Undergraduate Core Courses Undergraduate Electives Undergraduate Specialization Project / One Additional course Internship Total Credits Hours 4 Years 60 24 12 3 6-8 Weeks 135 SCHEME OF STUDIES FOR BBA (HONS) 4 YEARS PROGRAM Summary General Courses Undergraduate Core Courses Undergraduate Electives Undergraduate Specialization Project / One Additional course Total Credit Hours 36 60 24 12 3 135 Undergraduate Core Courses S.NO C. CODE TITLE 1. ACT201 Principles of Accounting 2. ACT501 Financial Accounting 3. ACT301 Cost Accounting 4. FIN201 Business Finance 5. FIN505 Financial Institutions & Markets 6. FIN501 Financial Management 7. MKT201 Principles of Marketing 8. MKT507 Marketing Management 9. MGT202 Principles of Management 10. MGT502 Human Resource Management 11. MGT501 Organizational Behaviour 12. MGT507 Operations Management 13. MGT401 Entrepreneurship 14. MGT506 Business Research Methods 15. GEN501 Business Communication & Report Writing 16. ECO201 Principles of Microeconomics 17. ECO202 Principles of Macroeconomics 18. GEN303 Creative Thinking and Reasoning 19. FIN301 Islamic Banking & Finance 20. QNT501 Mathematics & Statistics for Business Sub Total Approved Scheme of Study BBA (Hons) 4 Year Program 60 GENERAL COURSES S.NO 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. C. CODE GEN103 GEN104 GEN110 GEN113 GEN111 GEN107 GeN108 MGT201 ITM201 GEN202 GEN301 GEN302...
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...TUI University Donald Dunn Module 1: Case #1 ITM501: Management Information System and Business Strategy Sam Biragbara July, 25, 2011 Donald Dunn Mgt. Info Syst. And Bus. Strategy Sam Biragbara July 25, 2011 Module #1 – Case: How taking a socio-technical perspective can be more productive in helping organizations manage information overload than either technical solutions or organizational solutions alone. The current workplace environment presents a constant reevaluation for businesses and organizations. Downsizing has become status quo for these same businesses, organizations and US military alike. At the same time they are expected to remain competitive, relevant and effective. The term,” doing more with less comes to mind.” The one common expectancy with these businesses and organizations is that workloads will increase instead of decrease. These groups need to “generate value from their intellectual and knowledge based assets. Generating value from such assets involves codifying what employees, partners and customers know and sharing that information among employees, departments and even with other companies in an effort to devise best practices.” (Levinson) The developing relationships between socio and technical elements can lead productivity and wellbeing of all involved. On a daily basis the information age continues to move forward. There is a constant battle within businesses and organizations in this information age to control...
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...Module 3 Case Study: The Internet as Social Media: Connectivity and Immediacy ITM501: Management Information System and Business Strategy Introduction Successful businesses are assembled on a common theme; customers! As is the case with just about everything in the world, the way in which businesses expand their customer base is an ever-evolving process. I believe the use of social media on the internet provides businesses with new and different useful information. Businesses have found a new place to market and brand themselves in social media sites. Having an available way to connect with customers in an informal way creates loyalty and awareness. However, a company that is vulnerable to hackers and hecklers feeling the squeeze on your newfound success. A social site provides information on what your company is doing and offers a platform to generate spiteful negative comments that could hurt the reputation of your business. These attacks may be controllable with reputation management and social media marketing strategies. Reasons why I took this position Social networking is also very important in the business sector because business is about making connections with people. If a business does not connect to all of their customers, they are bound to lose their clientele. People are looking for personal attention; they want to feel valued, taken care of, and most importantly, heard. They do not desire their needs and concerns to fall to...
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