MANAGEMENT INFORMATION SYSTEMS Foundation Concepts: Information Systems in Business Introduction 1. Information systems and technologies are a vital component of successful businesses and organizations. 2. it is just as important to have a basic understanding of information systems as it is to understand any other functional area in business. 3. Information technologies‚ including Internet-based information systems‚ are playing a vital and expanding role in business. Information technology
Premium Information systems Decision theory Decision support system
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
Premium Database management system Computer Database
Executive Summary The aim of this paper is confronted with the question of how the fit concept in strategic management is an appropriate idea or not for companies in the 21st century. After a short introduction about strategy which is defined by Michael E. Porter (1980)‚ we will describe some basic concepts. Cited by Porter (1985‚ 1996) and Thomson/Strickland (1998)‚ we find out that operational effectiveness is a helpful tool‚ but not enough for gaining competitive advantage. Strategies must
Premium Strategy Strategic management 21st century
KEY MARKETING CONCEPTS Marketing Research December 13‚ 2011 Marketing is very important and a key concept in creating a successful business. “Marketing is the management process responsible for identifying‚ anticipating and satisfying customer requirements profitably” (Chartered Institute of Marketing). The primary purpose of a business is to obtain and retain customers. Through key marketing concepts‚ businesses have the opportunity to obtain customers which is vital to the life
Premium Marketing
www.ccsenet.org/ibr International Business Research Vol. 5‚ No. 1; January 2012 Defining the Concepts of Technology and Technology Transfer: A Literature Analysis Sazali Abdul Wahab National Defence University of Malaysia‚ Kuala Lumpur 57000‚ Malaysia Tel: 60-39-051-3060 E-mail: saw@upnm.edu.my Raduan Che Rose National Defence University of Malaysia‚ Kuala Lumpur 57000‚ Malaysia E-mail: raduan@upnm.edu.my Suzana Idayu Wati Osman Felda Global Ventures Holdings Received: July 12‚ 2011 doi:10.5539/ibr
Free Technology Innovation
Principle. Commutative ABSTRACT Since the Renaissance period in history initiated the act of free thinking and independent thought‚ there have existed and still exist various notions and perspectives over every single subject of human discourse. The concept of justice is a good example. There are shades of opinion and views concerning the nature of justice. Consequent upon this‚ human relationships and co-existence have become precarious as a result of wrong or inadequate conceptions of justice. This
Premium Justice Natural law John Rawls
Generated by Foxit PDF Creator © Foxit Software http://www.foxitsoftware.com For evaluation only. 14/07/2010 MPK1023: Management and Administration of TVE CONCEPTS vs. PRINCIPLES vs. THEORY PM Dr WILFREDO H. LIBUNAO IMPORTANCE OF IMPORTANCE THEORIES Theories are constructed to give an explanation of phenomena (Stam‚ 2000). According to Denzin (1970)‚ there are three functions of a theory: 1. Permitting organization of descriptions‚ 2. leading to explanation‚ and 3. furnishing
Premium Scientific method Theory Science
Value Engineering (VE): Value Engineering is an organized approach for identification and elimination of unnecessary cost. • QIP‚ QC & Benchmarking: Tata Steel adopted Juran Trilogy concept for undertaking Quality Improvement Projects (QIP). Quality Circles (QC) are small group activities which involves first-line employees who continually control and improve the quality of their work‚ products and services. Benchmarking is a process of exploring for best practices and performances across the
Premium Quality assurance Quality management Quality management system
Pain: A Concept Analysis Pain is a complex and multidimensional phenomenon that is subjective and unique to each individual. Pain is difficult to describe and often hard to measure; however‚ most healthcare professionals agree that pain is whatever the patient describes it to be. Pain is one of the most frequently used nursing diagnosis and is the most common problem for which patients in the clinical setting seek help (Cheng‚ Foster‚ & Huang‚ 2003). Unrelieved pain can have a profound impact on
Premium Psychology Emotion Sociology
Case 1 - Design house Partnerships at concept design services Case summary The case is all about CDS (Concept Design services) ‚ earlier they were in to business to consumer business by d product name of “Focus” now they have moved from business to consumer to business to business format. They have tied up with many design house and they give them the design which they manufacture and then distribute to the customer. They also moved from manufacturing focus products to high – quality stylish
Premium Marketing