data transforming into useful information. 2. Give three examples in which raw data also serves as useful information. -in payroll‚ raw data about names is useful to know whose payroll is it. -in enrolment -in “banking” ATM machine 3. Give three business examples (not mentioned in the text) of data that must be processed to provide useful information -Banking: -Ordering -Enrolment 4. Give three examples of subsystems not operating in the context of IT. Why are these considered subsystems and not
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By Wendy –Zara exericse 1 Q5. Who are the customer ? The target market is broad‚ women‚ men‚ children that likes fashion and is sensitive to fashion. Q6 .Who are the customers‚ and what product/ service attributes do they consider important? The target market is very broad‚ Zara do not define their target by segmenting ages and lifestyles like what traditional retailers are doing. Its target market is working in big cities‚ with mid range income‚ a young‚ educated person that likes
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Strategy‚ Organization ZARA perspective To what extent is the Zara production model relevant for other industries? The Zara’s production model is relevant to other industries because it is out of the regular productions frames. It is focused on the product and the customer; it doesn’t separate one from other‚ for Zara the homework is not done until the costumer owns its product. Buying in Zara is taking a chance‚ Zara knows its market very well and knowing this they developed strategy that includes
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Business Decision Models ____________________________________________________________ ________________________ Question 1 (10 marks) Sandra Enright of Techtronics Inc.‚ an electronics supply firm‚ has been examining the times required for stock pickers to fill orders requested from inventory. She has determined that individual order-filling times approximately follow a normal distribution with a mean value of 3.2 minutes and standard
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become more open and social. Besides this‚ there is another social media called “Twitter”‚ which now is one of the biggest ways to keep in contact with friends‚ follow closely news and entertainment and also‚ find out other news around the world such as: music‚ politics‚ trends‚ sports‚ etc. Twitter became very popular and it could overcome the number of Facebook users in the following years. But‚ even though Twitter shows more ways to keep in touch; Facebook has three main reasons to be better in
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AMUL ANAND MILK UNITED LIMITED Introduction The largest food brand in India and world ’s Largest Pouched Milk Brand µAmul¶ is a brand name managed by Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF). This name has its origin in the Sanskrit word "Amoolya‚" (meaning Priceless) and was actually suggested by an employee of Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF) The Gujarat Cooperative Milk Marketing Federation Ltd‚ Anand (GCMMF) is the largest food
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Here is our last assignment: 1. Business Savvy Symbols •Complete the following in your team meeting: •Brainstorm a list of contemporary mythological symbolism used in the media and create a logo for a start-up business using an appropriate mythological symbol. •Consider brand names‚ such as Apollo Group and the University of Phoenix‚ for instance. Why do companies use mythological characters and symbolism? •Find 4 examples of mythological symbols in contemporary culture. Describe the
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share interests‚ activities‚ backgrounds‚ or real-life connections. Social networking can help a business gain contacts‚ clients‚ and increased public awareness. Even entrepreneurs who run small businesses from their homes can take advantage of this resource to set up a global presence. It is very important to know about it. There are different social networking sites such as- facebook‚ twitter‚ goole+ and so on. Their acceptance has increased day by day that create more attention to know about
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relative to the capital invested by the owners -Financial structure of the firm - Creating a balance between debt and equity on the balance sheet MT 5011 FINANCE FOR ENGINNERING & TECHNOLOGY MANAGEMENT - The Income Statement -It shows cumulative business results within a defined time frame‚ such as a quarter or a year. -It tells you whether the company is
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