Cheryl Morris Walder MGT 361 NOV 2012 Week One Questions Chapter 1 Short-Answers Questions (Pg. 33) What four steps should an organization follow in determining which technologies to use? 1) Assess the competition and Industry-wide pressures that affect the organization 2) Determine business strategies critical to successfully address those competitive and industry pressures 3) Identify important business processes that support your chosen business strategies 4) Align technology
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Section 1.2 Review Questions 1. List the components of and explain the Business Pressures–Responses–Support model. The components of the pressure-response-support model are business pressures‚ companies’ responses to these pressures‚ and computerized support. The model suggests that responses are made to counter the pressures or to take advantage of opportunities‚ support facilitates monitoring the environment (e.g.‚ for opportunities) and enhances the quality of the responses. 2. What are
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in the new target market is crucial. Even the most successful retail formats can fail if they do not consider those changes. Best Buy Europe is a joint venture between US group Best Buy and Carphone Warehouse‚ which was formed in 2008 when Best Buy paid £1.1bn to buy a 50% stake in Carphone Warehouse ’s retail division. Best Buy Europe launched its first store in May 2010‚ opening a total of 11 stores across the UK. The original plan was for 200 out-of-town "big box" shops around Europe by the end
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are used for gathering input. True 4. A transaction database is optimized to track transaction time. True 5. Data mining uses business intelligence tools and techniques on a variety of data sources brought together in a data warehouse. True 6. The domain is the focus or knowledge area of a database. True 7. Interviews are good for asking open ended questions. True 8. Open ended questions are questions that don’t have a fixed answer. True
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flat file is a collection of information stored and accessed sequentially in a database‚ often created to store information in a non-structured way. 9.What is a Data Warehouse? This type of “facility” stores information about customers and their transactions into a central depository. 10.What is a Data Mart? This Data Warehouse is an extracted subset. It houses aggregated data into a smaller‚ more nimble database for marketing. 11.What is a Compiled List? Lists that can be rented for direct
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Seminarul 5 Studiu de caz - Heineken Turning knowledge into action at Heineken USA A. Prezentarea cazului Heineken’s four-phased approach to its KM implementation By Charles Chase‚ Heineken USA Knowledge grows when it’s embbedded in corporate culture through human experience and business frameworks. And leveraging it requires not only understanding the corporate culture and organizational structure‚ but also better understanding the marketplace‚ suppliers‚ customers‚ and most of all‚ competitors
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INFO Systems test 3 1) Well managed organizations that _____ are critical‚ complex and dynamic. A. Business processes B. Informations systems C. Boundaries D. Function 2) The first step in a business process management is to A. Create components B. Implement processes C. Create a model D. Assess results 3) In the diagram‚ the rounded rectangles refer to: A. Decisions B. Data C. Activities D. Facilities E. None 4) The type of diagram
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1. What is Costco why is it successful with upscale shoppes? (Shahad 2. what could other retailers- both discount and full services retailers - learn from Costco? ( 3. assess Costco’s strategy in terms of its product mix of 4‚000 sku’s and its key appeals? 4. what are the basic principles underlying Costco’s merchandising strategy? (Hessa) 5. Costco spends very little on promotion efforts. how is it able to attract shoppers without greater expenditures? 6. Describe the ideal location and store
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EXECUTIVE SUMMARY I. Introduction Netflix is the most successful online movie-by-mail rental in the United States‚ founded by Wilmont Reed Hastings Jr in 1997. Two years after founding the company‚ they launched the companies subscription service. Within another four years its popularity grew to one million subscriber and by the end of 2008 Netflix had 12 million subscribers. Netflix has adopted the code of ethics‚ for its directors‚ officers‚ and other employees to deter wrongdoing and to
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MANAGEMENT INFORMATION SYSTEMS SUMMARY ( LECTURE NOTES 1 – Information Systems in Global Business Today) 1. Explain why Information Systems are so essential in business today. ØInformation Systems are fundamental for conducting Business today. ØIn many industries‚ survival and even existence is difficult without extensive use of Information Systems. ØInformation Systems have become essential for helping organizations operate in a global economy. ØOrganization are trying to
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