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Sweden’s main focus is to have an increase in the information technology in order to have a stronger digital economy. Everyday life in Sweden is based completely on technology. Starting from waking up in the morning to sleeping at night every single activity by citizens involves technology. Transportation, medical, banking, educational sector all are concerned with having maximum technology so that best quality service can be provided to the citizens of the country. This is being done so that maximum number of people can be facilitated and the services provided would be equal for everyone. In this manner the quality of service being provided has also improved.
This shows that the society has moved towards modernization along with innovation and good. The country has been changing and this can been shown in a manner that the three major sectors (individual, business and government) are benefitting from this shift to digital economy. The change can be seen in a example that at the grocery store in Sweden the shop keeper is selling medicine without prescription. All the customer need is their bank card and identity number in order to purchase the medicine. People in Sweden are working on everything through the touch screen from seeking advices of health experts to purchasing products everything is done through touch screens. The list of examples keep growing as Sweden is a digital economy and most of the things are now digital.
The government is overwhelmed by the performance of this system as it has been providing services to people in medical sector that people are benefitting from it. This system is also helping them in banking, parking lots, paying bills, education facilities that there has been a boom in these sectors. Due to this the government is now having goals to export the medical system to different countries to gain from this system. By
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“Increasing effectiveness will increase revenue by making the organization more competitive. Increasing efficiency will, of course, reduce costs, but this must never be done at the expense of effectiveness” - this is the philosophical basis for operations management (Galloway, 1993, p.
Activities in an organization can be divided into operations and projects. Whilst operations are ongoing, repetitive and continuous activities in any organization for example finance, accounting, and production. As a consequence, all the efforts of the organization are channeled towards maintenance of operations so as to maintain quality and remain competitive in a globalised environment (Tandoc, 2010:78).
This responsibility goes to the company’s staff or managers who are trustworthy employees, authenticated to use the information system. Computer specialists can be called any time if a bug is identified, or when the server goes down, or when a query hangs the system, but there is no need to permanently leave the system in their hands.
In whichever case the operations classification will offer the alteration of positive inputs, such as resources and employment, into firm outputs, any of products or services. Therefore, the operations purpose can be eminent from the other major purposeful divisions of an organisation, for instance marketing, finance, human resources, and accounting, which are not as much of very important for the organisations accomplishment but which are in smaller amount straightly associated to the organisation 's day-to-day recreation of its chief business.
Customer reactions and complains are handled within the shortest time possible and avoid out-competition from rival firms.
Carphone Warehouse is a profit making organizations, which require concise decision making
The article also defines the financial risk management, where it asserts that the financial risk management is focussed on the risks that can be easily managed with the help of traded financial instruments. The author of
This latest technology application in security operations is having a deep impact on procedures and policies, weapons systems, and how officers execute their daily security duties (Manjoo 1). The changes also come with cost