How technology affects our lives There is no doubt that technology has affected all of our lives. Whether it is positive or negative will be determined by the success of our ability to communicate with those around us. Now days the pace of innovation is increasing every day. It’s always a race to have the newest coolest technology. * The Internet is the fastest-growing tool of communication ever. It took radio broadcasters 38 years to reach an audience of 50 million‚ television 13 years‚ and
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Role of the Financial Manager in Maximizing Shareholder Value The overarching goal of the financial manager in a for-profit business should be the maximization of value for shareholders. However‚ managerial goals may be different from shareholders. Management will continuously attempt to control and require adequate resources to prevent the company from going out of business. In addition‚ if left to engage in their own goals rather than those of shareholders‚ financial managers will choose
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Delhi Business Review X Vol. 4‚ No. 2‚ July - December 2003 HR MANAGER INDUSTRY CATALY A CATALY ST OF CHANGE WITH SPECIAL REFERENCE TO HOTEL INDUSTR Y IN NORTH INDIA ON the basis of literature review and past studies the following hypotheses were postulated: (i) role of HR professionals in a new business paradigm is to be re-defined as the next millennium has set a very challenging task for HR managers‚ (ii) HR managers have to plan‚ envision‚ prioritize and set goals for themselves.
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money. I never regret for this and persist to my objective to be a successful manager. As an ambitious woman‚ I enjoy learning modern management theory and developing my management skills. To challenge keen competition I realize a manager should have following skills and attributes: knowledge‚ social skills‚ creativity‚ organizing capability and decision-making skills. First of all‚ 21st century is an information age. Managers equipped with technical and managerial knowledge will succeed. ’It is knowledge
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Nowadays‚ information plays significant role in business evaluation and improvement. To make sure that the company is moving toward established goals and all processes are of required quality and meet the overall strategy‚ performance measurement process is essential tool for any operations. Traditional financial measurement is not applicable in today’s business environment anymore as it does not provide the company with real understanding of its processes and therefore organizations have to consider
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customer service satisfaction depends on how well the service customer receive match their expectations based on their individual personalities(Webster‚ 1989). However‚ according to Cook(2002)‚ consumers have been increasingly educated‚ sophisticated‚ and informed‚ high quality of services are expected from the consumers nowadays. Information technology has made a great change to the world for the past decades‚ according to Bharati‚ P. and D. Berg (2003)‚ information system(IS) has made major contribution
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A WAN (wide area network)‚ in comparison to a MAN‚ is not restricted to a geographical location‚ although it might be confined within the bounds of a state or country. A WAN connects several LANs‚ and may be limited to an enterprise (a corporation or an organization) or accessible to the public. The technology is high speed and relatively expensive. The Internet is an example of a worldwide public WAN. Q2. Explain the advantages and the disadvantages of using the following networks inbusiness: a) Client/server
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company that has changed its strategy over time as environmental factors such as technology‚ competition‚ and consumer preferences have changed. Explain the changes in environment and in the industry’s or company’s evolving strategy. Looking at this question automatically put me in mind of the automobile industry. However‚ as I was looking at my classmates responds‚ most of them talked about the automobile. These changes are clear and present‚ and are really easy for me to discuss. I on the other hand
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groups in South East Asia and is valued over Rs.300 billion (US$ 5 billion)‚ it ranks amongst the top five business houses of Pakistan. The group has strong presence in three most important business sectors of the region namely Textiles‚ Cement and Financial Services. In addition‚ the Group also has reasonable market share in Insurance (Adamjee and Security General)‚ Power Generation‚ Paper products (Nishat Shoaiba Paper Mills) and Aviation (Phoenix Aviation). Nishat Mills Limited is the flagship company
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latest development in technology? Australia has been quick to adopt the latest developments in technology partly because of our geographical location. Technology has cut down the time taken to transfer information. It makes it easier for Australians to communicate with the rest of the world and across large distances within Australia. 2. What is information technology? Information technology refers to the electronic hardware and software used to process information. 3. How has digital communication
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