Lecture 2. THE RESEARCH PROCESS: AN OVERVIEW BUSINESS RESEARCH ETHICS DEFINITION OF RESEARCH • Business research is a systematic and objective process of gathering‚ recording‚ and analyzing data for making business decisions • Business research is the application of the scientific method in searching for the truth about business phenomena PURPOSE OF RESEARCH • Business research generates necessary qualitative and quantitative information for managerial
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An example of a business process: Credit card approval in a bank. An applicant submits an application. The application is reviewed first to make sure that the form has been completed properly. If not‚ it is returned for completion. The complete form goes through a verification of information. This is done by ordering a report from a credit company and calling references. Once the information is verified‚ an evaluation is done. Then‚ a decision (yes or no) is made. If the decision is negative
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software processes? a. Specification – defining what the system should do; b. Design and implementation – defining the organization of the system and implementing the system; c. Validation – checking that it does what the customer wants; d. Evolution – changing the system in response to changing customer needs. 2. List the 3 generic process models that are used in software engineering? ← The waterfall model ▪ Plan-driven
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Supply Network Design The Supply Network Perspective: A supply network perspective means setting an operation in the context of all the operations with which it interacts‚ some of which are its suppliers and its customers. Materials‚ parts‚ other information‚ ideas and sometimes people all flow through the network of customer-supplier relationships formed by all these operations. On its supply side an operation has its suppliers of parts‚ or information‚ or services. These suppliers themselves
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Singapore Institute of Materials Management (SIMM) (DSCM08/15) Purchasing Management Individual Assignment Done by Rachel Chan Soon Chee Submit to Lecturer: Max Ee by 20th May 2009 Table of Contents Introduction 1 Chapter 1 Part 1 Standardization of Containerization 1.Common type of container 2-4
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Case study on re engineering it means change management.. Re engineering is like you need change in manpower behavior‚ thinking culture of company‚etc. Business Process Reengineering is the analysis and design of workflows and processes within an organization. A business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering is the basis for many recent developments in management. The cross-functional team‚ for example‚ has become popular because
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from operations management research. It provides guidelines and a roadmap for operations management researchers wishing to design‚ develop and conduct case-based research. Case research in operations management 195 Introduction Case research has consistently been one of the most powerful research methods in operations management‚ particularly in the development of new theory. This is particularly true in today’s environment. To cope with the growing frequency and magnitude of changes in technology
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The normalization process is used by database developers to design databases in which it is easy to organize and manage data while ensuring the accuracy of data throughout the database. The advantages and disadvantages of both normalization and denormalization of a database are discussed‚ as well as data integrity versus performance issues that pertain to normalization. The highlights of this hour include * What normalization is * Benefits of normalization * Advantages of denormalization
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a U.S. company. Technology has been a major force in the change of the marketplace. Social media has become an increasing role in business organizations and eventually will influence supply chains because they have a strong impact on the customers demand. The new CEO of SAB‚ Susan Weber‚ will have to embrace the new technology and keep up with it because it will be key to success. A good technique to organizational consolidation is collaborating. Companies can make easy changes without spending extra
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The Policy Process: Part 1 Gail House HSC/455 Health Care Policy: The Past and the Future February 11‚ 2013 Bette Sorrento In the business world or political‚ policy making is never an easy task. Policy making process goes through five different stages before an idea is implemented and then it is either altered or solidified to become an enacted policy. The system policy-makers use provides checks and balances that keep those in leadership roles from possessing
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