Thursday, February 27, 2020
Information strategy Coursework Example | Topics and Well Written Essays - 3000 words
Information strategy - Coursework Example Table of Contents Abstract 2 Introduction 4 Identification and Analysis of Factors Affecting Information Strategy 5 Strategy Formulation 5 Relationship amidst Differentiated Functional Departments and Strategy Level 6 Executors 6 Top Management 7 Middle Management 7 Lower Management and Non-Management 7 Communication 8 Implementation Tactics 8 Commitment 9 Review of Dellââ¬â¢s Approach to Strategic Information System Given the Likely Impact on Global Issues 10 Critical Analysis of Dellââ¬â¢s Application and Benefits of Strategic Information System in Mitigating Global Issues 13 Conclusion and Recommendation 14 References 15 Introduction Strategic Information System (SIS) frames a vital constituent of the operations of any modern day organisation. It is essentially a process for performing a decision- making strategy of the on-going activities of the business. It has been taken into consideration that facilities associated with the application of the strategic information system lays a greater impact upon the individuals, employees and the entire society. With emergence of globalisation, the application of SIS has become an integral part for ensuring sustainability of the organisations operating within this global scenario. Furthermore, by observation the SIS, it is viewed that it is as a channel for gaining opportunities. On the basis of the information based on the application of SIS, it has been ascertained that once an organisation invests on such advanced applications, it becomes difficult for it to turn-back. Such application demands higher investments for effective and optimal usage to gain sustainability (Galliers & Leidner, 2003). In relation to SIS, it has also been ascertained that SIS is different from the normal information systems. It is an advanced form of the information system, which depicts the impact of the information systems as a viable weapon. On further observations, it has been revealed that as the application of the SIS has acceler ated to a greater extent, it has become much cheaper in recent days. SIS has the ability to change the present activities of an organisation. Mainly the information systems introduce the electronic technology within the market, by applying which transaction of products and services becomes easier (Grant & et. al., 2009). This study intends to discuss the identifications along with the analysis of the factors, which mainly affect the information strategy. Moreover, the study also intends to provide a brief description based on a review of an organisationââ¬â¢s i.e. Dellââ¬â¢s approach towards the strategic information system and its impact upon the external issues. With this concern, Dell has been taken under consideration for in-depth analysis of SIS. Identification and Analysis of Factors Affecting Information Strategy Primarily, there arise numerous hurdles during the execution of SIS. By conducting an in-depth analysis, it has been ascertained that SIS implementation is loo ked upon as a dynamic and complex process, which assists in the decision-making of the managers and the employees. In this context, there is requirement to analyse the factors that are responsible for creating a hurdle in effective application of SIS within an organisation (Li & et. al., 2008). The differentiated factors that are responsible for creating a hurdle in effective implementation of SIS have been explicitly discussed hereunder: Strategy
Monday, February 10, 2020
Intenational finance Assignment Example | Topics and Well Written Essays - 500 words
Intenational finance - Assignment Example management) is tasked to handle the resources of another (i.e, the investor). In financial undertakings, the existence of moral hazard comes in many forms, such as where management pays itself excessive compensation out of the funds it manages on behalf of its investor, or where it makes decisions to take on risks that the other has to bear. Where interests of management and investor are not aligned, then there is a potential for moral hazard. From its very definition, moral hazards are inevitable; the key is to keep them under reasonable control, which is the major objective of institutional design. The link between risk-taking and moral hazards runs according to this rationale: if I am faced with the option to take risks that may be potentially rewarding for us both, but you bear the burden of the risk, then I have the incentive to take them. However, if I were to bear the potential loss, then I will act more responsibly and cautiously (Dowd, 2009). The moral hazard lies in taking the risk for which another has to bear the consequence. The recent subprime crisis was replete with instances of moral hazards gone uncontrolled. One was the creation of mortgages to subprime borrowers who had little or no capacity to repay the loan (Brummer, 2008), and then selling this loan to Fannie Mae (the Federal National Mortgage Association) which then securitizes the risk and sells it out as mortgage backed securities (MBS).
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