(MANAGEMENT INFORMATION SYSTEM) ASSIGNMENT 1: CASE STUDY: AIRASIA – Now Everyone Can Fly Questions: * What is Air Asia Business Model? How does information system support this business model? 1.0) AirAsia business model AirAsia business model is low cost‚ low fare and no-frills air line. AirAsia Pan Asia plan targeted to million of Asians who wanted basic air transportation at cheap price AirAsia achieved low cost by following method: 1) Single class‚ no frills service AirAsia operates on
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What is financial reporting? The traditional function of financial reporting was to provide business owners with information about the companies that they owned and operated. Once the delegation of managerial responsibilities to hired personnel became a common practice‚ financial reporting began to focus on stewardship—that is‚ on the managers’ accountability to the owners. Its purpose then was to document how effectively the owners’ assets were managed‚ in terms of both capital preservation and
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The importance of data for operations management and decision making In order to be able to make well guided decisions‚ one needs well based facts and therefore one is in continuous need of quality data. The same goes for operations management; data of substance is a must to run a company in its optimal levels of efficiency‚ effectiveness and capacity. The five levels of Data Quality Maturity according to Gartner are Aware‚ Reactive‚ Proactive‚ Managed and Optimized. Using these levels and applying
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VIDEO CASE 9: PRODUCTION AND OPERATIONS MANAGEMENT OF GOODS AND SERVICES Ball Company Name: Ksenia Tarasova 1. What is the situation with manufacturers in your area? Are they firing workers or hiring more? What are some of the environmental factors affecting local plants? The Lansing region is an important notch in the Midwest manufacturing belt. Lansing’s downtown area continues to undergo a facelift that began in the late 1990s. Loft development is bolstered by grant monies if certain
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An accounting information system (AIS) is the system of records a business keeps to maintain its accounting system. This includes the purchase‚ sales‚ and other financial processes of the business. The purpose of an AIS is to accumulate data and provide decision makers (investors‚ creditors‚ and managers) with information to make decision While this was previously a paper-based process‚ most modern businesses now use accounting software such as UBS‚ MYOB etc. Information System personnel need basic
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Quiz Chapter 1 1. What is data? What is information? (p.10) Data are facts‚ which may or may not be processed and have no direct effect on a user’s actions. Information causes the user to take an action that he or she otherwise could not‚ or would not have taken. 2. List tasks of database management. (p.12) Three database management tasks are data storage‚ data retrieval‚ and data deletion. 3. What services could not public accountings provide with their audit clients? (p.22) There are:
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the type of economics system and explain the economic characteristics of each. Economic systems are normally distinguished by the extent of government involvement in resource allocation and goods production. There are three major types of economic systems such as free-market economy‚ command economy‚ and mixed economy. Many countries have a mixed economy to some extent‚ meaning they combine aspects of market and planned systems. However‚ the general trend of economic policy can often allow for categorization
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Financial Reporting in an International Approach (1) Answer: Conceptual Framework: The Conceptual Framework is a report of generally recognized theoretical values which is very important form the period of reference for business reporting. Moreover‚ it is a coherent structure of related purposes and a major idea which is recommends the environment‚ purpose and boundaries of business accounting that is predictable to lead to reliable guidance. Also‚ it is planned to assist the community interest
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| | WRET3105 NETWORK AND DATA COMMUNICATION Assignment 4 Semester 1‚ session 2011/2012 Submitted by: Student | : | Nadiah binti Zainudin | Student No. | : | WET080011 | Instructor | : | Saeid Abolfazli | Date | : | 2nd Nov 2011 | ------------------------------------------------- Questions: 1. What is QoS? Why QoS is important and how QoS is measured? 2. What is management of QoS? ------------------------------------------------- -------------------------------------------------
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Describe the type of business you have created a. The product or service‚ and general staffing plan. Provide a rationale for your plan. Talent source is a human resources consulting company located in Baltimore Maryland specialize in providing a various quality Human resources services to feel the gaps faced by many organization in this domain. Our target is NGO and newly created companies like Talent Sources. Our aim is to provide high quality and very competitive services to our customers to allow
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