Question 1 A global strategy is associated with ________. Answer high degree of global integration and low degree of local responsiveness low degree of global integration and high degree of local responsiveness low degree of global integration and lack of local responsiveness low degree of global integration and low degree of local responsiveness high degree of global integration and high degree of local responsiveness 4 points Question 2 While assessing value
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Key Questions 1. Comparing to other fashion retail companies‚ what is ZARA’s competitive strategy? • Speedy response to consumer needs Zara guarantees that its stores are able to carry clothes that the consumers want at that time. Zara can move from identifying a trend to having clothes in its stores within 30 days. That means that Zara can quickly identify and catch a winning fashion trend than other competitors. . ‘Fast fashion’‚ it brings customers in to stores to see what is new‚ what
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Company Name & address M/s-Sunchem Lanka Enterprises Address: No.- 287/23‚ Sunray Park‚ Mawala South‚ Wadduwa. Contact Details: Telephone: + 94 (0) 38 5678866; Facsimile: + 94 (0) 38 2285825; E-Mail: sunchemlanka@sltnet.lk Breif Background M/s-Sunchem Lanka was established in 2009 in Sri Lanka at Wadduwa (around 25 Km from Colombo City) by two business minded professionals viz. Mr. Sampath Edssuriya & Mr. B.B. Mannapperuma. The Company started manufacturing and supply of Paints
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1. Describe four data mining applications is retailing and logistics.(answer in ch5-slide11) 1- Optimize inventory levels at different locations 2- Improve the store layout and sales promotions 3- Optimize logistics by predicting seasonal effects 4-Minimize losses due to limited shelf life 2. List the six steps in a CRISP-DM (Cross-Industry Standard Process for Data Mining). (answer in ch5-slide16)
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two benefits of using enterprise system? It helps facilitate decision making and involves organizational business process in all areas of the business. These are in sales‚ production‚ finance‚ and human resources to name just a few. These are integrated into a single software system so that the information can flow efficiency through electronic collaboration among many employees and top level managemet. These systems also help the organization create a uniform process and helps measure their work
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IKEA: Stylish Furnishings at affordable prices Swedish company IKEA is a mass market producer of cheap and stylish home furnishings that appear to transcend national boundaries. The company was founded in 1943 by Ingvar Kamprada small town handyman from southern Sweden‚ who devised the company name by combining his initials with the first initials of his farm (Elmtaryd) and the parish (Agunnaryd) where he was raised. Today IKEA’s business mission is clear. In the words of the company founder
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COURSE OBJECTIVES At the end of the course students will be able to: 1. Describe the different types of information resources that are available to the firm or organization. (C1‚P1‚A1) 2. Explain the concepts upon which these information systems are based upon. (C2‚P2‚A3) 3. Compare the different IT/ICT that is used to store‚ manipulate‚ retrieve and transmit these information both within the organization and also to its external environment. (C6‚P6‚A4) 4. To discuss the convergence of
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MIS Concepts & Design by Seema Sirpal Delhi University Computer Centre Information is Critical The information we have is not what we want‚ The information we want is not the information we need‚ The information we need is not available. Information is a Resource It is scarce It has a cost It has alternative uses There is an opportunity cost factor involved if one does not process information Why need Information? To ensure effective and efficient decision - making leading to
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Trends of MIS During the growth of a competitive global environment‚ there is considerable pressure on most organizations to make their operational‚ tactical‚ and strategic process more efficient and effective. MIS stands for management information systems‚ which defines as the management and use of information systems that help organizations achieve their strategies. It provides information that organizations require to manage themselves efficiently and effectively. The future trends in MIS are strategic
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MIS 484 Creativity in Organizations Dr. Tunç T. Evcimen Bogazici University Management Information Systems Department Arama Participatory Management Consulting 2006 Boğaziçi University The School of Applied Disciplines Management Information Systems Department Introduction to Creativity and Innovation Boğaziçi University The School of Applied Disciplines Management Information Systems Department Misconceptions Eccentric Personality Art Intelligence Good Only a Natural Talent
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