1. Background Analysis 1.1 A Brief History of Maybank Malayan Banking Berhad (Maybank) is the largest banking and financial services group in Malaysia‚ founded by Malaysian business tycoon Khoo Tech Puat in 31 May 1960. Maybank became the first bank in Malaysia‚ that computerizes its savings and current account services in October 1978‚ set up an ATM at its Ampang branch in Kuala Lumpur in September 1981‚ offer Auto phone for making customers the convenience of conducting their banking transactions
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Exercise 1.1 1. Why have Australians been quick to adopt the 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
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THE SIGNIFICANCE OF INFORMATION TECHNOLOGY IN THE BUSINESS OF NIGERIA CHEMICAL CORPORATION BY OCHALA YUSUF OJIH MAT. NO: PGSS/ UJ/00442/07 BEING AN ASSIGNMENT ON MBA 505 (ICT MANAGEMENET) SUBMITTED TO MR. OKI‚ E.U.(MBA) DEPARTMENT OF MANAGEMENT SCIENCES UNIVERSITY OF JOS FEBRUARY 2009 INTRODUCTION Since the start of the 21st century‚ there has been an emphasis economic reform in Africa‚ which makes regional economies more attractive to foreign investors: Over the
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Information and Communication Technologies and the Effects of Globalization: Twenty-First Century "Digital Slavery" for Developing Countries--Myth or Reality? L. A. Ogunsola Hezekiah Oluwasanmi Library‚ Obafemi Awolowo University Ile - Ife‚ Nigeria Abstract The main goal of this paper is to examine the ICT (Information and Communication Technology) revolution and the concept of globalization as they effect developing countries. Globalization as one of the reasons for possible widening of
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Chapter 1 : Introduction to Information Technology 1.1 The Practical User: How Becoming Computer SavvyBenefits You What does being computer savvy mean‚ and what are its practical payoffs? There is no doubt now that for most of us information technology is becoming like a second skin—an extension of our intellects and even emotions‚ creating almost a parallel universe of “digital selves.” Perhaps you have been using computers a long time and in a multitude of ways‚ or perhaps not. Either way‚ this
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Assignment No. & title 1601‚ Managing Communications‚ Knowledge and Information This assignment covers the following assessment criteria Outcomes Criteria LO1. Understand how to assess information and knowledge needs 1.1 discuss the range of decisions to be taken 1.2 examine the information and knowledge needed to ensure effective taking 1.3 assess internal and external sources of information and understanding 1.4 justify recommendations for improvement LO2. Be able to create strategies
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Section 4 Information Systems in Organisations Chapter 37 – Management Information Systems Introduction Over the past two decades‚ a transformation to an information society has been taking place‚ and computers and telecommunications technologies have revolutionised the way that organisations operate. We live in an information age‚ and no business of any size can survive and compete without embracing information technology. Information has come to be recognised as a resource of fundamental importance
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It has been said that many organizations today find themselves DATA RICH → INFORMATION POOR → KNOWLEDGE STARVED It can be said today that many businesses are “data rich”‚ meaning that they have more raw data than they know what to do with. Most data rich businesses also find themselves “information poor”‚ meaning that they are not getting any useful information or value from their data. This in turn leads to organization’s becoming “knowledge starved”. In today’s competitive business environment
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An Information System (IS) is defined as "a set of interrelated components that collect‚ manipulate‚ store‚ and disseminate data and information and provide a feedback mechanism to meet an objective" (Stair & Reynolds‚ 2006). This feedback mechanism is used by organizations‚ which enables organizations to achieve specific goals such as increasing profit margins and/or improving customer service. Information systems consist of four components which are input‚ processing‚ output‚ and feedback. In this
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Information technology has changed the way that the world does business. Correspondence that once took weeks to get from one organization to another is now delivered instantly with the push of a button. Advances in telecommunication allow associates from all point of the globe to confer in a virtual environment‚ minimizing the need for business travel. Although the benefits of integrating information technology in business are many‚ there are also disadvantages to its use. Implementation Expenses
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