An analysis of 7-Eleven’s Strategic Business and Information Systems Needs. Q1. Evaluate 7-Eleven’s competitive advantage using the Michael Porter’s Five Forces model. The 7-ELEVEN convenience store concept was created in 1927 by the Southland Corporation which‚ at that time‚ operated mainly as an ice‚ milk‚ and eggs retailer. By 1946‚ the Southland Corporation introduced a new convenience service that involved prolonging the opening time from 7 a.m. to 11 p.m. This was how the legendary 7-ELEVEN
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resources? A) Information‚ people‚ information technology B) Information‚ information technology‚ people C) People‚ information‚ information technology D) None of the above Feedback: People‚ information‚ and information technology (in that order of priority) are inextricable linked. 2 INCORRECT Which information culture allows employees to use information as a means of exercising influence or power over others.? A) Information-functional culture B) Information-sharing culture C) Information-inquiring
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general chores but he was still looking for something more. He was the first European explorer to reach the Philippine archipelago and brought it to European attention. WHAT: Ferdinand Magellan’s Expedition WHERE: On the island of Homonhon‚ Philippines WHEN: On March 16‚ 1521 WHY: He wanted to see the world and find out what there was to explore : If Magellan could reach the Moluccas from the West‚ Spain’s wealth would exceed all other countries : Christianity HOW: In 1506 he went
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Strategic Objective Summary Ed Mathewson BUS/475-INTEGRATED BUSINESS TOPICS 3/23/15 Nels Holmgren Balanced Scorecard Targets Strategic Objectives Measurements Year 1 Year 2 Year 3 Metric Financial Improve profits Return on investment capital 3% 5% 7% The market will allow us to determine our marketing sharing results. There should be an increase of 2% each year for our marketing sharing. Improve profit margin 2% 4% 6% Increase market sharing Market sharing bottom
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Business objectives are the ends that an organisation sets out to achieve. A business creates plans to enable it to achieve these ends. The objectives‚ and plans that an organisation creates are determined by balancing the requirements of the various stakeholders in the organisation. The stakeholders are those individuals and groups that are affected by and have an interest in how the business is run and what it achieves. Every business has a range of stakeholders‚ including: The objectives that
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Information Systems in Business Functions | ….. | | | January 04 - 2011 | | Cebu Institute of Technology – University CCS 311 Management Information Systems G01 Reaction Paper #3 * RESEARCH ON THE TOPIC Accounting - The purpose of accounting is to track every financial transaction within a company‚ from dollar to multimillion dollar purchases‚ from salaries to benefits‚ to sales of every item. At the year’s end‚ the company cannot present a picture of its Financial
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What are the objectives of business? Every business enterprise has certain objectives which regulate and generate its activities. Objectives are needed in every area where performance and results directly affect survival and prosperity of a business. Various objectives of business may be classified into four broad categories as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business
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Is the iPad a disruptive technology? The purpose of this report – “Is the iPad a disruptive technology?” – is to research and study about the technological developments in Information Systems‚ such as‚ the iPad and if it’s a disrupting technology that changes the world or not. Apple introduced the iPad in 2010‚ selling 300‚000 on the first day of release and approximately 3 million in 80 days. Given that the features of the iPad were similar to the iPhone’s‚ Apple envisioned for this device to
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Based on what you know about high-tech companies‚ what are some likely strategic objectives for HITEK? Given these‚ what should be the objectives of HITEK’S HR department? Do you think these are the objectives that guide the behaviors of Isabel Rains? Explain. As per my knowledge about my high-tech companies the most likely strategic objectives for HITEK are continued industry issues ‚supply chain‚ challenges of prices‚ short product life cycles‚ mass customization ‚ globalization ‚strategic market
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Benefits of information system for business After several years of turbulence of internet stocks and the resulting failure of many companies‚ it is easy to understand the impact of information system in daily life. Yet‚ everyday we read article about IT technology helping the growth of the business. They are many advantages that most people agreed: they create value largely or exclusively through the gathering‚ synthesizing and distribution of information‚ they formulate strategy in ways that make
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