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nt of the effective human resource and sphosticated technology establshment is simlimy intended for taking a better competetive edge or is also aimed at improving the business, operations managemnt, business managnet and corporate processes handling. This paper will analyze and assess the answer of this question. This paper will also outline differetnt aspects of information technology implementation regarding the corporate business opertions enhancment or simply taking a better competetive edge.
Data are collection of unprocessed facts demonstrating events occurring in firms or the physical environment prior to they have been structured and organized into a structure that people can identify and make use of these facts. Data can include text, numbers, images and videos. On the other hand, information refers to data that have been processed or transformed into a form that is valuable and functional to human beings (Shelly, Cashman, & Vermaat, 2005, p. 6; Norton, 2001, p. 4; Laudon & Laudon, 1999, p. 7). Oz Effy (2008) states that decision making and problem solving both require information. Decision making is vital part of everyone’ life, as people perform theirs tasks, play games, communicate or do anything they need information. In a corporation gathering the accurate information efficiently, storing properly so that it could be utilized and manipulated when needed, also making use of it to assist the firm or individuals to accomplish personal or business objectives. Therefore, the main intention of information technology implementation is to facilitate and support the above mentioned areas. We can utilize and apply these understanding and information for getting the success in all the areas. In a corporation an information system (IS) encompasses hardware, data, telecommunications, activities, software, and workers. Oz Effy (2008) mentioned that, an increasing number of ISs are modules of a huge enterprise system, like ERP or SCM system (Oz, 2008; Laudon &
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These logistics functions also include; sourcing and procurement, customer service, production planning, packaging, scheduling and also assembly. Logistics management is a vital part of the entire planning levels and execution, and also strategic, tactical and operation.
By operating under this scheme, business firms can offer its customers products of exquisite quality without inflating its price. But before expounding on global value chain, the term value chain should first be clearly defined.
The term value chain was first coined and defined by Michael Porter, in his Competitive Advantage book.
This paper analyses how the Porter five force strategies, the porter’s value chain strategy and the Wiseman theory could be aligned with information to achieve objectives.
The Porter’s five force strategy can be
vement of the firm’s position in the global market but also with the ability of the firm to survive under severe pressures – like in the case of current financial crisis. Information systems are commonly used as a tool for the achievement of the above targets (Yolles, 2009,
This ensures that the most productive people are brought to the front and appreciated accordingly. In most other workplaces, all people earn equal salaries whether they work equally or not.
On the downside, the worker’s pays are not
The entry of a business firm in the overseas market can be anticipated to face certain critical situations due to varied market conditions and thus deliberate activities needs to be performed. Firms entering in the overseas market are
Its customer base is enormous and well over 27 million individuals are registered as Tesco Clubcard holders. Due to intense competition in the grocery market, Tesco mainly competes on price wars in order to provide more value to its customers. Tesco faces competition from
By using a technology in its early stage can enable one to establish new markets but can also become vulnerable to unforeseen risks. The key lies in choosing the correct time to enter the market. The disruptive technology can change the structure of an industry by replacing traditional values with new values.
The outcome of this is the reduction in the profit in the industry.
Information system is very important to the organization in the following ways; the objective strategies of any firm always drive the information system strategy in the
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