Wednesday, October 21, 2009

I love this subject because in this subject that i have learned by using the other system and the strategies for the business, like how it is important to our life or in our career. It can help us to make decision right, Their are so many strategies that you can use to make your business get success.

Thursday, October 8, 2009

assignment 4

  • Effectiveness- Degree in which objectives are achieved and the extent to which target problems are resolved.
  • Efficiency- A general term capturing the amount of waste or other undesirable features. How efficient is the trading going on the financial market.
  • Pro ducting- Is a measure of output from a production process per unit of input.
Ex. Labor productivity is typically measure as a ration of output per labor hour an input,

Monday, October 5, 2009

assignment 3

1. Explain why strategy or strategic moves are important in business?
-Strategic Planning is an organizations process of defining its strategy, or direction and making decision in allocating its resources to pursue this strategy, including its capital and people.
It is also true that strategic planning may be a tool for effectively plotting the direction of a company.
2. Illustrate how information system can give business a competitive advantages?
-Information system provides Internal control in business and other organization
Business computer were used for the practical business of computing the payroll and keeping track of account payable and account receivable.
3. Identify the basic initiative for gaining a competitive advantages?
-Various business analysis techniques can be used in strategic planning, including SWOT ANALYSIS (strength, weaknesses, opportunities and threats) and REST ANALYSIS (political, economical social and technology analysis) or STEER ANALYSIS (socio-cultural, technological, economic,ecological and regulatory factors) and Epistle ( environment, political, informatics, social, technology, economic and legal).