Capabilities And Limitations Of ICT Advantages of ICT Over Manual Methods of Processing Data • Repetitive Processing – Computers can carry out the same or similar tasks (e.g. mail merge‚ payroll) over and over very quickly and with a high level of accuracy. • Speed of Processing – A computer system can process raw data very quickly to produce information. • Data Storage Capacity – Traditionally‚ a company’s information would be stored on paper in filing cabinets which takes up expensive
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DIVISIONAL PERFORMANCE MEASUREMENT The objective of divisional performance measurement is to develop performance measurement systems for divisions that are significant investment centers in large organizations. Such systems should: (1) provide information for economic decisions‚ (2) facilitate the control of division operations‚ (3) motivate managers to achieve high levels of divisional performance so as to further the objectives of the entire organization‚ and (4) serve as a basis for evaluating
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What are capabilities? What must firms do to create capabilities? Capability is a capacity for a set of resources to integratively perform a stretch task. It represents the identity of the firm as perceived by both its employees and customers. It is the firm’s ability to perform better than competitors using a distinctive and difficult to replicate set of business attributes. The organization’s capability is comprised of three core assets – physical capital‚ including all tangible assets; technology
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Capabilities Capabilities are valuable‚ rare‚ costly to imitate and non substitutable are core competencies. Core competencies are sources of competitive advantage for the firm over its rivals. A sustained competitive advantage is achieved only when the competitors cannot duplicate the benefits of a firm’s strategy or when they lack the resources to attempt imitation. Sustainable competitive advantage results only when all four criteria are satisfied. For a capability to be a core competence
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Research methods and limitations Questionnaire The target respondents are mainly the Mainland Chinese and the Hong Kong people. And there will be almost 100 respondents included. The questionnaire is designed into three main parts and distribute by internet. In Part1‚ it asks for respondent’s information and it is mainly ask those respondents who like the national of Chinese or Hong Kong more. In Part 2‚ it is about to ask people who think which is the most niceness of the Mainland Chinese or Hong
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Assignment 2 Limitations of the S-Curve 1. Companies use the technology S-curve analysis as a tool in planning a technology strategy for the organization. It has been observed that technology develops in an S-curve pattern. In the beginning progress for any new technology is slow. As an expertise in the technology builds up‚ progress moves at a rapid pace. After a while‚ however‚ the technology matures and progress slows (Shane‚ 2009). S-curve analysis is not only used to plot the development
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Divisional Performance Evaluation Overview:- Most large Organisations adopt divisionalised structures. The manner in which divisional performance is controlled and measured is‚ therefore‚ of particular importance. A central issue of performance reporting is whether divisional managers should be held accountable for items that they cannot influence by their actions. The conventional wisdom of management accounting‚ as reflected in textbooks‚ advocates that the evaluation
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Capabilities Analysis What is it? Capabilities analysis helps clarify the major sets of activities‚ skills‚ and resources that drive value to customers. When do we use it? Capabilities analysis can be useful at the time of strategy formulation—when firms are assessing which strategic options are currently feasible—and may be included in a broader process of determining strengths‚ weaknesses‚ opportunities‚ and threats (SWOT). In addition‚ capabilities assessment can be used as an initial
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M2 explain the limitations of marketing research used to contribute to the development of a selected organisation’s marketing plans Tesco uses primary research to gather information about their customers‚ competitors and the environment. They collect information that has not been collect before and uses both internal and external primary research methods. Internal research includes Tesco customer’s data‚ whereas external research includes questionnaire and surveys‚ experimental introduction of
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vital piece of equipment to me as a graphic designer. Limitations  Graphic card might not be suitable for the graphics Scanner A scanner is a device that converts visual information into digital data that can be used by the computer. I used the scanner to scan the hard copy of the surveyor map into digital data that can be used in Macromedias’ and Fireworks’ as a document and can be worked on top of. Limitations  The flat bed of the scanner is not very big so I
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