Business Systems Analysis The Two Technologies - 275 Words

Business Systems Analysis: The Two Technologies (Research Paper Sample) Content: Business Systems AnalysisNameInstitutionTable of Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc505881869 \h 3Problem Statement1 PAGEREF _Toc505881870 \h 3Two Technologies PAGEREF _Toc505881871 \h 3Objectives PAGEREF _Toc505881872 \h 3Project Description4Technology Requirements PAGEREF _Toc505881874 \h 4Competitors and Technology PAGEREF _Toc505881875 \h 4Technology One: Big Data and Knowledge Management PAGEREF _Toc505881876 \h 4Technology Two: Business Analytics and Business Intelligence Solutions PAGEREF _Toc505881877 \h 5Technology Benefit PAGEREF _Toc505881878 \h 5Technology Solutions6Technology Two6Recommendations PAGEREF _Toc505881881 \h 6Technology Solution PAGEREF _Toc505881882 \h 6Overall Benefit PAGEREF _Toc505881883 \h 6Basic Security Considerations PAGEREF _Toc505881884 \h 6Security Features PAGEREF _Toc505881885 \h 6Third-Party Vendors6Internal Safeguards6References7Business Systems AnalysisIntroductionThe Problem StatementThe business environme nt is dynamic and requires that the business owners make the necessary changes to their mode of management in order to achieve the set objectives and goals. The Small Brick-and-Mortar company has been struggling with revenue generation in the wake of new technologies introduced in the industry. The business owner wishes to generate more revenues through e-commerce. However, certain changes to the business and the system of management must be take place in order for the owner to implement the new system to generate more revenues. This would require an introduction of two technologies into the system to solve the problem at hand.The Two TechnologiesThe business requires a new approach to business information management that will update the database and information pertaining to its mode of business. Further, the business will require a system that will conduct online transactions such as payments, sales, and inventory. Therefore, the two technologies that would solve the problems abov e are the big data management technology and business analytics and intelligent solutions.Business RequirementsObjectivesThe aim of the project is to achieve the following: * Provide business reports for efficient operations * Digitize organizations data by managing records and data. * Efficient management of the contemporary brick-and-mortar operations.Project DescriptionThe business needs to automate its systems to enhance data management and online marketing. This will ensure efficient management of data and information that will ease the monitoring process and managing all its operations through the system functionalities. It is important to implement this system automation because it improves the overall business management and operations particularly in record keeping, online marketing, and decision-making process (Paul, Cadle Yeates, 2017).Technology RequirementsIn order for the new technologies to be effective to produce the desired results, brick-and-motor must ensure it c ollaborates all business intelligence, which enhances problem-solving. The technology will also require knowledgeable staff to implement and manage the new system will be essential for effective operations. Moreover, the system requires big space to store big data into the already automated system and the new data repository.Competitors and TechnologyThere are two main competitors in the industry; namely, Macys and Zappos. The Zippos uses the two technologies above to create connections with clients during online marketing operations. On the contrary, The Macys use the same technologies to analyze data that has been collected from the field to enhance its decision-making process.Technology One: Big Data and KnowledgeThe Zippos Inc. employs this technology to manage its operations as well as storing huge information collected from the field for further reference. The information is resourceful in the decision-making process, managing and storing the information concerning clients adv ertisements.Technology Two: Business Analytics and Business Intelligence SolutionsMacys employ this technology for evaluating the general activities of the business through generating intelligent solutions to its problems. The technology enhances advertisements for the company as one of the primary aspects of its functions.Technology BenefitsThe Big Data and Knowledge Management Technology benefits the company by enhancing data storage in the database, which records the various business transactions. Laudon and Traver (2018) understand that the use of data helps in the problem-solving process and planning for artificial intelligence in the future of analysis. Therefore, the business and the owner benefit from the technology by increasing the savings and cooperations.Technology SolutionsBig Data and KnowledgeThe business will improve its knowledge management because of the automated processes involved in business transactions.Business Analytics and Business Intelligence SolutionsThe business will benefit from the analysis of business with artificial intelligence to generate solutions to problems facing the company. The technology will fill the gaps and enlighten the owners regarding strategies that meet the consumer and busi...

Influence Of Millennials On Modern Day Workplace - Free Essay Example

Sample details Pages: 1 Words: 296 Downloads: 3 Date added: 2019/08/16 Category Sociology Essay Level High school Tags: Millennials Essay Did you like this example? Research Ways in Which Millennials Are Influencing Software Engineering and Modern Day Workplace Research method by which 20 to 28 year olds are impacting programming building and the edge of working environment. Now days people using technologies and applications too much to make their work easy and faster. For any technology, we have to make one software to run that application (Nguyen 2016). Currently, operators are scanning for a specific part of connectedness. In today’s time, applications and advancement empowerment are tracking your activities, your work and what various people are doing. More relationships are looking they can exploit the possibility of success, which is determined by the advances, the Fitbit. Standard assembly room sessions and walking social affair can be aggravated by health following applications. Operator or manager can make a good relationship with boss or organization. You can take the advantage from both sides. We can keep our health good and also, we can make a business deal without staying inside the office (Nguyen 2016). Don’t waste time! Our writers will create an original "Influence Of Millennials On Modern Day Workplace" essay for you Create order Researchers propose that school graduates have seen the move of an unpreventable, ever-present availability and access to get, send, and get data through various gadgets like remote PC, telephone, and front line handheld gaming devices at point and wherever, more than ever. (Chelliah and Clarke 2011). Now days, millennials are more connected via social networking website such as Instagram, Facebook, Twitter etc. According to recent survey 96% millennials use at least one social networking site. (Childs, Gingrich, and Piller 2010). References Gibson, L., Sodeman, A.W. (2014). Millennials and technology: Addressing the communication gap in education and practice. Organization Development Journal, 32(4), 63. Retrieved from https://www.researchgate.net/publication/268224500_Millennials_and_Technology_Addressing_the_Communication_Gap_in_Education_and_Practice. Nguyen, D. (2016). How millennials are changing workplace culture. Retrieved from https://www.digitalistmag.com/future-of-work/2016/08/31/millennials-changing-workplace-culture-04430597.

Nine Parts of Desire Essay - 1370 Words

There are many political, religious, and cultural factors that shape the lives of Islamic women many of them are completely different than factors in the lives of American women. Islam is one of the world’s fastest growing religions; however, Brooks argues that â€Å"Islam’s holiest texts have been misused to justify the repression of women, and how male pride and power have warped the original message of this once liberating faith.† The book also shows these factors have slowly been taking away women’s rights, rather than furthering them. The specific topic of this book is the oppression of women. Its overall purpose is to understand the women behind the veils and why the Muslim women take up the hijab. The purpose is also to show how†¦show more content†¦The major primary source she uses is the Koran that was transmitted by God through the prophet Muhammad. Brooks also uses the story of Khomeini and the story of the queen as biographical and historical accounts. An important biographical account is the one about Faezeh Hashemi and what she did for the women’s Olympics and sporting events. Brooks uses the sources to bring the thesis together and to help get her point across about the oppression of Islamic women and the pride and power of their male figures. An Islamic law states that women are not to commit adultery, but their husband can have more than one wife. When Brooks learned the story of Rehab and Mohamed and how Mohamed left Rehab for Fatima, it really opened her eyes on how different the treatment of married women of the Islamic world. She also learned how a woman was confined to the house unless escorted by a male figure, but a man could go about what he does every day. As Brooks was trying to check into the hotel, the clerk said she couldn’t because she was not with a male figure and so she was kicked out of the hotel. Brooks’ tone was different at many points in the book. When she found out that she saw how the women had to be covered up all of the time, I could sense a little rage in her voice. When she was listening to the story of Rehab and Mohamed she had aShow MoreRelatedSuccess Is The End Of Success844 Words   |  4 Pagesmind of the individual. I believe success comes when a person desires to achieve the goal he or she is striving for. In my opinion, happiness is the end result of true success. If I put my mind into being the greatest cross country runner in De Queen, then I will do whatever it takes to attain that goal. Whether is for a sport or for school, I try to accomplish the goal I set out for myself. Even in the most difficult challenges, my desire to achieve the goal I make for myself overcomes any obstacleRead MoreJapan s Forced Constitution Causes Major Conflicts1365 Words   |  6 Pagescontroversial subjects in Japan for decades. 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Once reading Freud I noticed that for him the reasons for human sufferings would be derived from three basic factors: the external world, the relationships (especially the loving ones), and the body. For some time now, I have been interested in issues related to body, desire and subjectivity. Body as the place of sexuality, the individual thoughts and desires. Foucault in his book Power / knowledge arguesRead MoreAnalysis Of The Bell Jar A Streetcar Named Desire And Hamlet 1324 Words   |  6 PagesCompare and contrast the imagery of death and decay in the opening sections of ‘The Bell Jar’, ‘A Streetcar Named Desire’ and ‘Hamlet’. Sylvia Plath’s 1963 novel ‘The Bell Jar’, Tennessee Williams’ 1947 play ‘A Streetcar Named Desire’ and William Shakespeare’s 1603 play ‘Hamlet’, share many similarities, albeit there are also differences, in the way in which the themes of death and decay are presented. 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Business Law Public Responsibilit And Ethic â€Myassignmenthelp.Com

Question: Discuss About The Business Law Public Responsibilit And Ethics? Answer: Introducation Ethical issues have been the major concern of the organisations in the present time. The business organisations basically face complex situations and struggle to avoid ethical issues. The immediate need of the present situation is to maintain a strict code of conduct and avoid ethical issues. The diverse culture of the business organisation and in the process of their decision-making, compliance governance the ethical issues are identified. The major concern of the business organisation is to follow the strict principles and code of conduct based on the ethics. The management of the organisation requires identifying the facts related to the ethical dilemmas and these issues are required to be assessed in order to define a different course of action so that the companies will not face any difficulties in the process of their governance(Heskett, 2011). The organisation will find the root cause of the issue and will make strategies to resolve the issues. Thus it is imperative to say that appropriate decisions based on the ethical code will help the employees and the management of the organisation to work in a transparent way. The ethical issues will be resolved and the culture of the company will be based on the values and beliefs that will help all the stakeholders to gain benefits. The present report is all about the impact of unethical practices made by Rajaratnam and The Galleon Group. The unethical practices made by Rajaratnam is related to the inside trading that gathered the information of the leading companies across the world. The allegation was on Rajaratnam for collecting the inside information bribing the employee of Intel Corporation. The inside trading affected some important companies like IBM, Hilton Hotel, and Google. The immoral way of gathering information caused a huge damage to the companies and on the other hand, Rajaratnam could manage to gather $ 64 billion(Jennings, 2013). The pre-planned unethical activities brought a short-term success to Rajaratnam and his company but in the long run, he lost his credential in the market and he was convicted of the conspiracy of collecting the inside information. He was sentenced to jail and was fined. The unlawful act of Rajaratnam forced the regulators of the law and executives and the governance to remain vigilant to all the activities in the organisations. The unlawful activities also affected on the trust of the customers, the employees and of all the stakeholders of the company(Mittelstadt, B, 2017). The unethical behaviour of Rajaratnam was an alarm for the trading companies and they remain alert in the process of their business. Analysis of the unethical activities of Rajaratnam The inside trading incident is an eye opener for all the business organisations that deal in trading activities. Rajaratnam and his Galleon Group is the example of unethical practices occurred in the companies. The conspiracy of getting rich with a short period of time brought the audacity of greed in the minds of the group of people those who are involved in the inside trading(academia.edu, 2017). The greed of accessing the secret information of the investors and selling the information for personal and financial benefits considered as the most unethical activity conducted by Rajaratnam and his coworkers. Rajaratnam could manage to earn $64 billion for the inside trading and later he was convicted on all eleven charges. The unethical success story of Rajaratnam brought huge loss to the leading companies like Intel, IBM, and Google. The non-public information of the companies was made public and with the access of the information, the companies could make illegal practices(chegg.com, 2017). The objectives of Rajaratnam to exploit the information of the insider before the information is made public in order to trade ahead of the announcements made in public on the earning, forecast, merger spinoff. This was an illegal practice to disclose the insiders information for the financial benefits. Rajaratnam exploited the information of the customers with the help of his secret executives and that enabled him to capture a huge network of information. He seduced the trust of the people and betrayed them. His business model was based on cheating. The court could find the mechanism of fraud made by Rajaratnam and his team members(community.cengage.com, 2017). They swapped the secret information and recruited corporate insiders for providing them information. Rajaratnam plotted to exploit the information and he avoided any suspicions from the regulators. The unethical practice of Rajaratnam proved that his practices were illegal. The financial institutions require to remain alert to the fraudulent practices and avoid the unethical activities in the business organisation. The investors who focused on the market research should not involve in this unethical practices. The customers are also very vigilant now and they are keeping eye on the growth and development of the trading market. The regulators are very capable enough to find out the unethical activities. Wall Street is prepared against the illegal investors(community.cengage.com, 2017). The responsibilities of the bankers brokers to enrich themselves are required. Thus the reformation is required to avoid unethical practices. There is also a need of maintaining authentic timestamps by the traders in order to provide information of the traders. Establishing relationships in the corporate world the financial groups get the advantage over the average investor. The hedge funds get non-public information about the organisations, trend in the market the conti nuing events of the potential market. These financial groups recruit consultants in order to get more information(cqpress.com, 2011). These financial groups take the help of outside experts and pay them for the inside information on the stocks and the impact of share pricing on the financial performance or the performance of the products. The secret activities were very difficult to identify by the regulators. The unethical inside trading brought horrible experience to the leading financial institutions. The reputed companies, advisory board, banks etc. take care of revising the rules and regulations the compliance standards in order to avoid any kind of issue in the future(dailykos.com, 2011). This has been found that mistakes in the governance cause intolerable problems to the financial institutions. The need of revising the trading rules had been very important and the strict regulations were required to make against the discloser of the non-public information. The insider crime has brought a change in the governance pattern. The government has become very vigilant and is looking into the activities of the financial institutions. The wiretaps will remain available to the commission of Security and Exchange. The incident also makes people alert to deal with the information that has financial value. This act proves that greed is not good. The business organisations have potential customers. These organisations collect the data of the information for the business purpose. In order to capture the data of the customers and use them as per the need of the organisation, there are various techniques used by the companies. For the trading companies, it is important to keep the track record of the investors or the customers(epic.org, 2010). Basically, companies collect information through the phone calls, meetings with the clients and even though the text message. These are the techniques used by the companies. These are the common mode of collecting information of the customers used by the companies while dealing with the customers. In these process, there is also a chance of the leak of the information(governanceforstakeholders.com, 2017). The gatherer of the information can mishandle the information and take the advantage of it. Rajaratnam followed a different kind of method to gather the information of the customers. The information collected by the companies about the clients or the customers was gathered by Rajaratnam and his company by hiring the employee of the organisation. This kind of gathering information is called inside trading. In this process, the employee of the organisation provides information to the conspirator so that the information will be passed to him or her and then the information will be used for directing the process of the trading on the way that the conspirator wants(icsi.edu, 2014). This activity is treated as the most unethical practice and the illegal people are involved in this process of cheating people. In this unethical process, there is urgent need of the attention of the regulators, investors, and executives. The executive of the business organisation requires seeing the development of the processes of the organisation. The executive of the company should not involve his or her relatives in the process of the business(icsi.in, 2010). The executive should give more attention to the communication process so that the business organisation will find the more involvement of the executive in the activities. The executive should not involve the friends relatives during the business process of the organisation. The companies should encourage people to avoid exposing the inside information. The employees of the organisation should not be involved in the unethical practices. The investors are required to be very vigilant. The unethical practice can be avoided by the investors once they see it. They must raise their voice when they find that inside trading is occurring in the organisation(ifc.org.wps.wcm, 2017). The inside trading will bring huge financial loss to them and they may withdraw from the organisation. There is also a need for reporting the concerned legal authorities regarding the inside trading and the damages that cause due to the inside trading. The role of regulators is very important here to protect people from the inside trading. The regulators should keep eye on the operations of the organisation and should see that the code of conduct is adequately maintained by the companies(ijsses.org, 2017). The regulators are required to restrain people to indulge in the unethical practices so that the companies will suffer at the end. Rajaratnam and his team made a wrong practice and hired people to give them inside information of the customers. The inside information was used by Rajaratnam for his personal use and the profits amounted $ 64 billion. Thus it is evident that the medium of extracting inside information by Rajaratnam was an unethical activity. The companies collect the data of the customers for the internal use so that they can develop the services and products as per the need of the customers. Thus the companies keep the information of their customers secret so that other companies cannot get the idea about the movement of the customers(justice.gc.ca, 2017). Thus the sharing of the confidential information of the organisation will be treated as an unethical activity and the companies should constraint themselves from doing this illegal activity. The sharing of the information is always the risk for the companies. The implication of the sharing of the information and basically the inside information is very dangerous. Due to the disclosure of the information of the investors, the financial activities are monitored and the information collected by the company can immediately make predict about the intention of the investors(justice.gc.ca, 2017). The investors will lose their profits. The decision of trading a stock is also affected by this. The persons involved in the illegal practice will take the advantage of the inside trading. The executive and the regulators will also similar problems to regulate the activities. There is no specific mode to identify the people those who are involved in the inside trading. The unethical practice has only become public when the corruption is identified(law.upenn.edu, 2017). Thus for the regulators, it is very difficult to identify the culprits those who are supplying the secret data to other. It is also a matter of fact that the inside information changes the decision of the investors. While trading a stock the investor is monitored in this process. Thus the prediction of the analyst will trouble the company as well as the whole trading of stocks. The legal body does not allow the business organisation to do wrong practices. The case of Rajaratnam gives the insight to study about the illegal practices made by the organisations. Rajaratnam could manage to get the insider information by hiring the employees of the different companies. The activities of Rajaratnam are called illegal. Rajaratnam could hire the number of the analyst to make market research and predict the market(kaloramapartners.com, 2012). The analyst can help Rajaratnam. But the illegal way of getting the information brought huge loss to the credibility of the company in the market. Rajaratnam got a short-term benefit but he lost hard-earned reputations. He was convicted and sentenced to jail for his illegal activities. The implication of the unethical activities is very wrong. Rajaratnam could manage to earn more credibility in the market if he has opted the ethical principles. The experience he had earned while working in Needham Co would help him to make more financial analysis and his company could also earn more benefits(justice.gc.ca, 2017). The act of Rajaratnam states that the non-public information should not be given to others by those who access it. It is always correct to gather the information of the customers but passing the information for benefits is a crime. This is definitely against the legal process. Thus the implication of disclosing non-public information is an unethical act. The inside trading may give short-term benefits to the person. But it is true that the ability of the company will fall down in the long-term process as it remains involved in the inside trading. Thus the individuals involved in inside trading should be given punishment. The ill effect of inside trading is that the investors will not focus on investing in the potential market and they will detach themselves from the market. There is also another chance of ill effects. The investors will focus on the secured way of trading and will procure only the bonds of the government. Thus it will seriously affect the ability of the market. It is always important to make an investigation before making any trading activity. This is a fact that punishment to Rajaratnam is an evidence of illegal practice made by the fund managers and investors. The sharing of non-public information is considered as an illegal activity. The secret investigation will alert those who remain involved in passing the non-public information to others for their personal gain. The secret investigation is also giving the regulators and the policymakers a warning to keep vigilant eyes on the movement of the fund managers(justice.gc.ca, 2017). Rajaratnam is an example of the damage of the companies like IBM and Google. The financial gain of Rajaratnam brought huge loss to the companies. This investigation will help the organisations to remain alert and not to disclose the information which is very much secret in nature. The case of Rajaratnam also provided an example of punishment for illegal work. The fund managers will never take steps to pass the information on the status of their organisation depends on it. Once the company is exposed the possibility of growth of the company is impossible(kaloramapartners.com, 2012). The incident of Rajaratnam can give benefits over the competitors in the market. But this benefits cannot stay for a long period of time. The stock market and trading require associating with day to day analysis. The company should employ people to work for the organisation other than involved in the inside trading. The illegal practice will spoil the credibility of the company in the market. This is important for the managers the investors to take appropriate decisions and they should avoid any wrong practice(community.cengage.com, 2017). They should understand the survival of the business does not depend on the inside trading. The wrong practice will bring a fatal consequence for the organisations. The unethical activities of the fund managers and the investors will bring loss to the customers and the company will lose its credibility in the market. Later the survival of the company will be impossible in the future. This has been evident from the case study. Conclusion The case study on inside trading is an example of unethical activity. The act of Rajaratnam has brought a very negative impact on the stock market. The trade is affected for the inside trading. The unethical activities of Rajaratnam remain responsible for the threat in the trading of stock. The customers get to know about the ill effects of the inside trading. Thus it is very important to stop the unethical practice so that other fund managers and the investors will not involve in the wrong practice. The regulators are required to see that no fund manager or the company is involved in sharing the non-public information of the company. Thus it is important to avoid any illegal activity. The fund manager should know that it is not important to disclose the inside information of the customers. The information which does not affect the organisation or which has no harm can only be disclosed. The people those who are involved in accessing the information of the companies should not try to get benefits out of it. The case study shows that Rajaratnams benefits were for a very short period of time. He brought a huge loss to him individually and also to his company. The case of Rajaratnam is a warning for every fund managers not to involve in wrong practices. Rajaratnam could use his rich experiencein the business instead of getting involved in the illegal practices. The adequate knowledge he has earned working in his previous company could help him to make an analysis of the market. The help of another analyst could also help his to make more market research. This would help him to predict the market and get more benefits. As a successful analyst, he has a great reputation. But the motif of getting immediate befits caused a huge loss to him. Thus it is very much important for every fund manager to remainloyal to the organisation and should not try to disclose the information of the company. The non-public information should not be disclosed at any cost. References academia.edu, 2017. ETHICAL ORIENTATION AND PERSONAL BENEFIT IN INSIDER .... [Online] Available at: www.academia.edu/.../ETHICAL_ORIENTATION_AND_PERSONAL_BENEFIT_IN. [Accessed 17 09 2017]. chegg.com, 2017. If It's Legal. It's Ethical; And Besides, Ever... - Chegg. [Online] Available at: www.chegg.com ... operations management questions and answers [Accessed 17 09 2017]. community.cengage.com, 2017. An error occurred. - Cengage Resource Center. [Online] Available at: community.cengage.com/GECResource2/info/b/bus_law?pi3030=5...pi3529... [Accessed 17 09 2017]. cqpress.com, 2011. Business Ethics: CQR. [Online] Available at: library.cqpress.com/cqresearcher/document.php?id=cqresrre2011050600 [Accessed 16 09 2017]. dailykos.com, 2011. There's Privilege, There's Insiders, and Then There's the Goldman .. [Online] Available at: https://www.dailykos.com/story/2011/8/26/1010707/- [Accessed 17 09 2017]. epic.org, 2010. EPIC FCCvATT Brief_0.99 - Electronic Privacy Information Center. 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