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What is aligning compensation strategy with HR strategy and business strategy?
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
What are Fundamental roles if information systems in business?
•Support of business processes and operations. •Support of decision making by employees and managers. •Support of strategies for competitive advantage.
What are the Advantages and disadvantages of an integrative strategy?
The advantages are that everything will be working together. The disadvantage is sometimes there will be miscommunications with everything going on.
Describe the purpose and types of business and administration support?
Describe the purpose and types of business and support?
How many types of information system in business organization?
Information systems differ in their business needs. Also depending upon different levels in organization information systems differ. Three major information systems areTransaction processing systemsManagement information systemsDecision support systemsThe information needs are different at different organizational levels. Accordingly the information can be categorized as: strategic information, managerial information and operational information.Strategic information is the information needed by top most management for decision making. For example the trends in revenues earned by the organization are required by the top management for setting the policies of the organization. This information is not required by the lower levels in the organization. The information systems that provide these kinds of information are known as Decision Support Systems.
What is aligning compensation strategy with HR strategy and business strategy?
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
What is kpmg business strategy?
Effective Information Technology (IT) Strategy and Governance can help organizations ensure that their information systems deliver value: that the unique risks inherent in technology are managed through appropriate corporate governance; and that technology is used to support them in meeting their compliance requirements. KPMG's advisers help business to define, plan and implement integrated IT based around technological architecturen for the enterprise, which aims at best supporting the business strategy. Using a modular, business-oriented methodology and set of tools, KPMG helps business to transform its existing information management environment to achieve the desired business vision through a realistic and feasible information strategy plan.
How does the organizational strategy drive the IT strategy?
Since most businesses rely on technology in almost every aspect the IT strategy is there to support all of the business strategies at the point of the dependency.
What is Strategic level information systems?
Strategic level information systems are designed to support strategic decision-making by top-level management. They focus on long-term goals and objectives of the organization and help in aligning information technology with overall business strategy. These systems typically include executive support systems and business intelligence tools to provide insights for strategic planning and resource allocation.
Why are the marketing research and information systems important to an organizations planning and development of strategy?
Marketing research and information systems support and expand the planning and development strategies of a business. They are the backbone that supports the decisions that are made about the direction the company is going.
Information technology is a strategic weapon or a survival tool?
Information systems are strategic to the extent that they support a firm's business strategy . Most internet based business models used the Internet and its own information systems to support its strategy in several ways. In my opinion, IT can be said to be both a strategic weapon and a survival tool depending on the context. Opinions are highly contextual and can differ depending on the situation. In case of brick-and-mortar companies having an online presence maybe an extension of their business strategy, but for companies like Amazon and e-Bay, which entirely depend on the internet for survival, IT/IS is a critical core competency for sustained competitive advantage. A well established internet strategy built into the overall business strategy will provide competitive advantage and this can be illustrated through the success stories of Amazon, e-Bay, Yahoo,& Google. Information technology has been extensively used by online businesses to leverage intangible, complementary human and business resources such as flexible culture, strategic planning-IT integration, and supplier relationships resulting in sustainable competitive advantage and business agility.
A description of an information system?
this is which a system that support to share information in a business or an organization.
What are Fundamental roles if information systems in business?
•Support of business processes and operations. •Support of decision making by employees and managers. •Support of strategies for competitive advantage.
What are the major advantages and disadvantages of an integrative strategy?
One major advantage to having an integrative strategy is the fact that the entire business will be able to support the organization when necessary. One disadvantage to having an integrative strategy is problems with coordination.
Where can one learn more about a business support network?
One may learn more about a business support network online. Companies that offer further information on business support networks include Cisco and Network Solutions.
Can a business process is reengineered without the support of information technology Explain?
Without IT, business processes can reengineered but with bottleneck.
What is role of finance department in the development of Business?
Management challenges to identify the requirements for the system. -Select the right software vendor for developing the system. -Communicate the benefits to the information systems users so they can adopt the change and support company strategy. -Justify information system investment. -Objectives for developing the system.
