Enterprise Critical Thinkings Samples For Students

IST 305- Assignment # 5

Enterprise Applications
Enterprise applications include applications for pay role, supply chain, employ/customer records, accounting and customer service. Enterprise applications involve persistent data that needs to be kept for several years. For an organization, to implement an Enterprise application, it must consider various factors before deciding on the enterprise application provider. The enterprise application can be of different kinds and cater to different segments of the business; it could be for a business to customer or a customer to customer model. Before deciding on an enterprise system, the organization must think about the performance (Moser et al.). The other factors ...

Business Communication

Business communication is defined as the process through which information and messages are disseminated between the major stakeholders of a business enterprise. The information is shared and conveyed through a variety of channels that are available in the business enterprise. Researchers have identified business communication as a very essential component that has to be established and developed between the management of the business and the employees and other stakeholders. Locker & Stephen suggests that for successful business operations, there is need to establish an effective mode of communication between the members of the business enterprise (Locker & Stephen 6). In essence, ...

Enterprise Excellence

Stenzel (94) holds that enterprise excellence is not only dependent on the tangible assets which are the focus of accounting practices. Human assets are part of the resource in an organization that contribute to the excellence of the enterprise. The concept of employee competence is important in lean performance. Stenzel (94) illustrates this argument by citing the financial turnaround at Sears following the huge financial losses that the company suffered in the 1990s as a result of focus on the development of employee competencies. Employees who are highly competent can perform their responsibilities with more effectiveness. The resultant effect ...

The 21st century markets are characterised by increasing demands for a tailored logistic response. Business organizations are actively developing the required capabilities to realize a customized response to the desires of different customers. Companies will need to design and manage multiple pipelines in order to gain a competitive advantage in the present marketplace. Christopher and Towill (2002) argued that the route to competitive advantage lies through proper management of the supply chains. Based on the characteristics of demand, supply and lead-times, Christopher and Towill (2002) induced the possibilities for the supply chain management. By analysing these possibilities in respect to cost effectiveness, ...

Instituition

1.What are the steps in the business continuity planning process?Why is a clear understanding of company's architecture critical to this process?

Creation of road map: This identifies where the company is now and where it wants to be in the future.

Identification of risks in critical systems of both IT and business and establishing the level of acceptable risk.
Planning the budget: This clearly demonstrates various activities needed to be performed ,the time duration required for completion of activities,the expenditure involved.
Listing and rating of threats which threaten company's survival. This step demystifies the threats and in the process they are approached and resolved.
Strengthening the systems: This step involves identifying the working systems and processes and strengthening ...

Question 1

A Security program decision enables a high-level view of the way that security is ensured for a particular resource throughout an enterprise (Kaisler et al., 2005). The solution, however, covers four dimensions of security: Physical, data, personnel as well as operational and may involve matrices as well.

Operational security

In the section of operational security, the security program promotes a development of standard operating procedures for every enterprise architecture component that supports line of business operations.

Data security

In this section of information security, the security program promotes security-conscious designs, source authentication, data access and control and content assurance.

Personnel security

In this section of ...

Social Entrepreneurship

In the year 2006, Muhammad Yunus won the Nobel peace prize, having been identified as the most spirited social entrepreneur. Yunus has achieved a lot in the field of social change, having coordinated the activities of many governments, nongovernmental organizations, nonprofit institutions, as well as charities and foundations. The field of social enterprise is becoming widespread in the world today as the problems of society are on the rise in today’s world where the gap between the poor and the rich is widening at a very high rate. The concept of social entrepreneurship had become a common feature by then. The ...

Introduction

Recently, the role of a managerial accountant is widely discussed in the scholars. Johnson and Kaplan (1991) argue that management accounting is “too late, too aggregated, and too distorted to be relevant for managers’ planning and control decisions” (1). Haedr (2012) considered the mediation effect of management accounting information on motivation using contingency theory stating that “MAI usefulness accounts for a full (i.e. complete) mediation effect only on the relationship between centralization and MCS effectiveness.” (n.p.). As the number of views cannot present a unified opinion on the matter, the purpose of the current paper to reveal whether the functions of the ...

Executive summary

It has been found out that technology is the most important function that can provide the needed edge above the competition in this digital edge. Unfortunately, most organizations fail to use this concept in their business and to many; information technology is not taken as an important function in business. This trend, coupled with the presence of technology and the dynamic nature of technology, the improvement and the development of e-commerce shows that information system management has become a very important function of concern to many organizations. Give the significance of information management to many organizations, this paper will look ...

Introduction

Employee engagement entails an approach that provides the appropriate conditions for corporation members so that they can give out their best every day, remain motivated to obtaining the firm’s success, develop a sense of self-accomplishment, and remain committed to the values and goals of the enterprise. The workplace concept is based on commitment, integrity, community, and trust between the business and its members. It is an initiative that enhances the chances of organizational success, well-being and productivity, and individual and firm outcomes. The approach gives the workers the motivation to wake up each morning and get to work. ...

Chris Reintjes - Community Bank Analysis

Chris has identified all the seven staircases as being used by the firm he has selected. While looking for new customers, the bank still values existing ones as an important step for its growth. Innovative products are used to attract and maintain new customers. Competition is still in the market and being at the top of the game is mandatory (Gadiesh & Gilbert, 2001). Chris also believes that the company has the resources to ensure the strategies are used in a way that will bring maximum value to the business.

Naz Nicky - Capital One Bank

Nicky picks expansion into new business opportunities as the strongest ...

Introduction to the Product

Takata is an airbag manufacturing company. It manufactures and supplies airbags for all kinds of vehicles. The company is a B2B concern and deals with the small and big corporations in the automobile sector. The products of the company protect the people riding all types of vehicles from injuries and loss during road accidents. The business is top ranked among the companies spending on innovative systems and research and development in Japan. The operations are not confined to Japan only. It is a multinational concern now supplying the air bags systems to the other countries of the world. The ...

Introduction 3

Cyber Security: New Defense, Same Threats 5
Cybercrime 5
Cyber Security 6
Cyber Security Products on the Market 7
Fighting Back 9
The Government’s Role 9
Conclusion 10

References 12

Introduction
Self-defense is not a crime and never will it be. The reason why it exists or the existence of the idea of defenses itself however, now that is a crime. There will always be things out in the world and beyond it that can harm a person, a company or even a nation. These things may not meant to be a direct threat to the person, industry or ...

Market Structure

In simple terms, market structure refers to the classification of the various types of markets, based on their unique features on how they allocate prices of a given product in the market. The aspect is primarily classified into two, which include perfect and imperfect market.

Oligopoly

Refers to a type of market structure where there are few sellers in a given economy with many buyers for the commodity. With oligopoly, the sellers have an influence on the commodity price in the market and can significantly affect competition. An example of a company to indicate the above case is the mobile ...

Access control refers to a set of controls employed in a computing environment to enable the selective restriction and regulation of access to certain resources. In retrospect, it is a collection of mechanisms that gift managers in a given system to practice a restraining influence on the use, content and behaviour of a given system (Bertino, Ghinita & Kamra, 2011). The three examples of the main models of access control include:

• Discretionary Access Control Model (DAC)

• Mandatory Access Control Model (MAC)
• Role Based Access Control Model (RBAC)
Every model is unique in its function such as the RBAC. Also known as the Non-Discretionary Access Control ...

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Abstract

An important aspect of investment management in the form of investment is to identify and improve the economic efficiency of investments.
In practice, there are two approaches to the definition and evaluation of real investment - cost and income. If we start from the quantitative estimates, up to recently, the economy was dominated by the cost approach, which was reflected in the manner of determining the economic effectiveness of capital investments and the principles of effective options for selection of investment projects based on the methodology of comparative effectiveness, which was ...

Companies have a moral and social responsibility to give back to the community. This is because they derive a lot of benefits from the communities in which they are situated and it is rational that they give something back. A company derives raw materials, human resources and market sales from the surrounding communities. They make massive profits which are paid as dividends to their stakeholders. Therefore, the concept of social responsibility is premised on the fact that there is an immediate need for these companies to also be part of society. When a company improves the status of the society in which ...

The economy of the world is dynamic; therefore for any enterprise to survive in it, changes must be implemented from time to time so as to remain relevant. An example is when the enterprise resource planning software had to be changed so as to tract all processes and minimize fraud within the organization. As is in other telecommunication companies, the software systems in place were many and the employees were unwilling to learn and accept the new system. The recipients of some of the outputs of the previous enterprise resource planning software were also not comfortable with it because ...

1) What do the terms "program planning" and "delivery and outcome management" mean to you in the context of strategic planning?
Program planning involves identification of program need and capacity. It also involves planning for resource allocation and use and also preparing to respond to critical issues. In order to have the information required for program planning, a long term strategic planning process needs to be undertaken. Program planning is a very vital aspect in an organization’s financial status as it helps in giving a detail schedule of activities. (Mintzberg 2005)

Delivery management is an approach for ensuring the success ...

Best buy enterprise has had minimal innovation activities over the past few years; the company's financial position is declining, revenue fell by 4.7% from two years ago and 2.4% since last year for a total loss of 1.32 billion or 3.36 per share. Cash flow is down 2.6 billion due to charges in the closure of stores in the UK, China, and Turkey, also, the reopening on 50 stores in China. Profit is down by 1.7 billion with a year-on-year growth of negative 361. This report will cover a situational analysis of potential causes of the company's revenue, cash ...

Martin Health System is a healthcare center founded by three medical practitioners, namely Van William Burns, Walter F. Davey, and Julian D. Parker in 1939, in Stuart, Florida. It was originally based on the principle that all patients should have access to medical care and treatment irrespective of their racial or financial background. Originally, it consisted of a facility that had twenty-three bed, ten workers, and three physicians, which has now expanded into one MediCenter, three hospitals, a free-standing Emergency Center, as well as, many outpatient clinics. It is a non-profit community based healthcare organization that provides preventive and ...

Introduction

Knowledge management for years has been a significant concept to many organizations. The effects of the concept are far reaching such that they help to be more competent thus becoming significantly effective participants in the global knowledge economy. The concept also enables organizations to be more competitive as knowledge leaders while also gifting an organization to be a competitive knowledge-driven entity. Knowledge management in hindsight enhances the ability of any organization to adapt, solve emerging problems, to survive destabilizing factors such as staff turnover and also to evolve in the bid to meet new business requirements. The concept, in ...

Question #1

The difference in depth is the use of multiple defense mechanisms in a layered format to protect internal systems, data, and users on a network infrastructure. The defense-in-depth strategy is required to use multiple defense systems that act in a fail-safe manner. The defense-in-depth strategy consists of security policies that protect both the business and employee information. The policies are a set of rules, compliance, and enforcement and provide authorization levels for various network activities. Some of the layers of a defense-in-depth strategy consist of authorization layer, ...

Doing business internationally presents new opportunities for growth and profitability. It may seem very attractive; however, it is also associated with several risks and challenges. There are key issues that must be addressed to be successful in doing business globally.
One issue that confronts a company that wishes to do business in the global market place is the country differences. Some of the differences include legal issues, language barriers, political issues and cultural differences. Before entering a new market, it is important to know the trade laws and regulations in place, the taxes and import duties imposed, intellectual property ...

Incident Report Planning

Incident Response Planning
Technological advancement can be beneficial to organizations, as it provides fast and easier way of dealing with every day operations. However, due to the same advancement of technologies, there are scenarios that can put the organization to circumstances that may breach essential information of the organization. Additionally, it can cause firewall breaches, malware, or virus outbreaks, and other internal cyber-attacks. These events call for the need of incident response (IR), as it is encompasses essential protocols that will address the occurrence of any security breach. The goal of this study is to present the significance of ...

Introduction

Graham and Harvey surveyed about 4,440 firms chief finance officers, and only 392 reviews came back. Large enterprises rely primarily on present value methods, capital structure and capital asset pricing models whereas small businesses likely use the payback period technique (Graham 12). Companies are more concerned about sustaining financial flexibility, healthy credit rating, stock appreciation, and EPS (earnings per share) dilution, especially when the entities are issuing equity. Little evidence was also found that organizational executives have a great concern about asymmetric information, personal taxes, free cash flows, and asset substitution. There is also some support for trade ...

Results and Literature Review

Slavec & Prodan (2012) found out that the strength of an entrepreneur’s social links is a significant factor in financing choice. The bigger the strong-tie network, the less the need for seeking finances to offset debts as the strong ties the entrepreneur has will enable him or her assemble the necessary financial resources. A majority of the respondents indicated that they have strong social ties with family members, financial institutions, accountants and friends whom they play an important role in supplementing the start-up and working capital of their business. This is in line with Slavec & Prodan’s research on ...

Initial discussion (completed):

After reading Barnes and Smith, what are your thoughts on whether Corporations have a responsibility to society beyond maximizing profit? Do you agree with Peter Drucker that if corporations are to continue to enjoy success managers must step beyond self-interested behavior and assume responsibility for the public good? Or, do you agree with Milton Friedman, that spending shareholder's property against their wishes is immoral? Support your conclusions with outside references and resources.

I agree that any organizations and corporation’s responsibility is not limited to increasing its product line and merchandises and maximizing profit only, but also to the society ...

In Depth Audience Analysis

According to the community profile of the Springfield, Illinois Chamber of Commerce, there are two distinct sets of major stakeholders which the Chamber of Commerce wishes to court with their data. First, there are business interests who may wish to perform business in the city of Springfield; to that end, the Chamber of Commerce provides substantial information on demographics, career opportunities, preferred business listings and an index of advertisers to indicate the city’s ability to accommodate a number of business needs, as well as other businesses to network with upon arriving in Springfield. The other group of stakeholders are ...

Technological efficiency is one of the most important activities that associated with an organization, as it has the ability and tendency to assist the company to attain its long term objectives. The essence of technological efficiency is necessary for an entity because it has a direct linkage with the bottom line of the organization. This is the main thing, why organizations always emphasize to strengthen their information technology department in a perfect manner. There is a case study that associated with this assignment. The case study is all about Challenge of IT management in the Global Business Context written by Dube and ...

Universal healthcare is a contentious topic in the United States. On one side, people argue the benefits of a single-payer system where individuals are covered by the government as the ultimate insurer. On the other side of the debate are those that argue that the government mustn’t intervene in the healthcare marketplace at any cost. Healthcare consumes approximately 16% of the American GDP. This is due to a number of factors including: the high costs associated with long term advanced treatments such as dialysis and chemotherapy, as well as the fact that physicians earn more in the United States than in ...

Effect on Reducing Deficits and Stabilizing Prices

In a recent opinion editorial, American literary theorist, legal scholar, and public intellectual Stanley Fish decided to use a definition for neoliberalism provided by political thinker and writer Paul Treanor (2009). Fish stated that Treanor holds that neoliberalism is a philosophy where the existence and operation the market are valued separate from the production of goods and services, to the point of deliberately not justifying the market by its goods and services production. This creates an ethic based on the operation the market alone, and this resulting ethic is asserted as being capable of acting as a guide for all human action, substituting ...

Management Fundamentals

Executive Summary
Organizational change is a transition process from the current state to a future aspired state in a company. In business enterprises, organizational change is extremely significant as firms have to mould and adjust themselves to suit existing changes in market, technology, economic, political and other external factors. Effective change management is a mixture of science and art. Expert practitioners of change management are those who strike a balance between rational information by driving certain approaches having extreme insight of emotional drivers. Change management is to have thorough knowledge about the requirements of a particular business venture and accordingly using accurate mechanisms for ...

Introduction

Christopher Columbus is the most prominent explorer. He was born in Italy in the year of 1451. Christopher discovered the sea at fourteen and experienced shipwreck at fifteen. Columbus established his family in Portugal with a wealthy woman who later passed on in 1480 immediately after their first son Diego. Columbus later on took his son to Spain
Columbus was one of the knowledgeable men who shared in the theory that the world was round. Columbus voyages were influenced by the prevailing contests over the world map. Most of the contestants over the map of the earth made erroneous ...

Application of Framework of COSO and Enterprise Risk Management to Petters Group Worldwide/Petters Company Inc. case

Petters Group Worldwide / Petters Company Inc. was a fraudulent Minnesotan investment company that was transformed to one of the greatest Ponzi schemes by its then C.E.O, Tom Petters. The scandal cost about $3.65 billion. This was mainly conducted through the sales of promissory notes to willing investors. In 1988 the company began a general brokerage business which traded, with outrageous discounts, close out and bankrupt company merchandises. The company would sell these merchandises to dominant retailers in the market like Wall Mart. The payments were made to a lock box account with a requirement for manufacturers or the source of goods to ...

Jewish Passover Seder: Communication

Invitation to a Jewish Passover Seder poses numerous communication challenges due to the real and perceived differences in religious beliefs, cultures, rituals and other aspects of religious and cultural differences. In this regard, such invitation requires a substantial deal of planning in order to come up with a strategy to avoid the communication barriers that result from cultural differences. Preparing to attend a religious or cultural event for a different cultural group other than one’s own involves learning as much as possible about the other culture, and identifying the expected behavior when interacting with members of the other culture.
As a Christian attending a ...

Challenge 1

In this challenge, the mobile consumer market and the enterprise market for the smart phones shall be used. In the consumer market, a mobile manufacturer sells the products to the consumers directly without involving any other party. But in the enterprise market, the manufacturer sells the products to other businesses who in turn sell the same product to the consumers. The best marketing mix for the smart phones in a consumer market is the four ‘Cs’ model. But the marketing mix for the sales of smart phones in a business to business market is the 4 p model.

The four Cs marketing mix ...

ERP (Enterprise Resource Planning) is one of the core software elements in most logistics information systems. It contains current and historic data, necessary for performance initiation and monitoring. In addition to Supply Chain transactions, such as order and inventory management and transportation, ERP facilitates financial and human resource activities. In order to promote supply chain integration, modern ERP systems include two more elements: Supply Chain Planning and Customer Relationship Management.

The most often quoted rationales for implementation of ERP systems are integration, consistency and economies of scale. Integration is usually facilitated by an ERP system both internally (within the ...