Information means facts or knowledge provided or learned .OR it is "Knowledge of communicating or receiving concerning a particular fact or circumstance"‚ or rather‚ information is an answer to a question. I The concept that information is the message has different meaning. Technology means the application of scientific knowledge for practical purposes .OR machinery developed from this. It is the making‚ modification‚ usage‚ and knowledge of ‚ techniques‚ and methods of organization‚ in order
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Advancements in information technology have had many great benefits on society. It has revolutionized the phase of business and living around the world. Information Technology has made Local businesses become international due to a simple website. Information technology (IT) is the use of computers and telecommunications equipment to store‚ retrieve‚ transmit and manipulate data. The term is commonly used as a synonym for computers and computer networks‚ but it also encompasses other information distribution
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development of small business and they include government and commercial banks. Small businesses refers to those businesses that are independently owned ‚ operated and organised for profits and is not dominant in its field. The government as a way of supporting small business in terms of finance is offering general incentives through the general incentive policy .This programme is available to local and foreign small firms investing in land‚ buildings‚ plant and equipment to encourage small and medium sized
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In selecting the proper partner-firm. But‚ the absence of a systematic approach‚ with in-built pragmat~smfor selecting a symbioticf~rm‚isquite conspicuous. The objective of the current chapter is to develop a model that aids the pract~cing Small Scale Entrepreneurs in selecting the most sultable partner-f~rm. is achied by presenting and analyzing the data collected It from the respondents in respect of partner-firm selection. In the process‚ the various selectron criteria are factor analyzed
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a precise set of instructions. The set of instructions is called a program‚ and the tasks may include making arithmetic calculations‚ storing‚ retrieving‚ and processing data‚ controlling another device‚ or interacting with a person to perform a business function or to play a video game. Today’s computers are marvels of miniaturization. Machines that once weighed 30 tons and occupied warehouse-size rooms now may weigh as little as 3 pounds (1.4 kilograms) can carried in a suit pocket or a purse
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Unit three: Principles of managing information and producing documents Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make
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Entrepreneurship & Small Business Market failure is often given as a justification for Government support of the SME sector. Discuss the various types of market failure‚ which are said to occur and‚ drawing on the literature‚ discuss whether they are valid justification for Government intervention. The SME sector of an economy is the small to medium sized enterprises‚ of which is made of 3 different types of enterprise‚ and they are; micro‚ small and medium size enterprises. The size of a firm
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The Concept of Small Business General Definition : Small business means the size of which is not big- the size again depends on the yardstick one uses to measure. What is small to one may be medium or even big to some others. Small business is an integral part of the total business scene in any country. What characterizes small business? * According to Small Business act 1934- A business which is independently owned and operated and not dominant in its field” is a Small Business. * The
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has led to companies slowing down their IT spending. BFSI segment has been the biggest contributor to Indian IT revenues. As shown in the figure below‚ the recent turmoil in Europe & US has resulted in slowing demand in BFSI segment. Source: Business Standard 2. Protectionist measures: There have been periodic threats of the US stopping all outsourcing work. Rising US rhetoric against shipping of jobs to low cost locations ahead of US presidential elections in November might result in lower
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2 Suggest appropriate aims and objectives for a small‚ medium and large business. Aim for a small business can "Survival"‚ to survive in the market and look for profits. Aim for a medium sized business would be to maximize their profits and growth to expand their current business operations and increase market share. Aims for Large business would be external growth‚i.e taking over their competitors in the market. Secondly it would be adding value and quality to their products‚ and finally providing
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