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q what are the features of pure capitalism1 the capitalist system is also called free enterprise economy and market economy 2 private ownership 3 no
q write a note on classification of business objectives1 economic objectives - functions of customer segment - innovations - optimum use of resources
q explain the advantages and disadvantages of partnershipadvantages of partnership firm 1 easy formation a partnership firm can be formed without any
q economic feasibility analysisfeasibility analysis - the feasibility analysis carefully examine economic operational technical scheduling legal and
the system analyst must understand the existing problems and strengths and weaknesses of the existing system other activities comprise identifying
q write a short note on information system analysisans system analysis is the analysis of the trouble that the organization will try to solve with an
q describe about total quality managementtotal quality management is a wider management approach than quality control tqm many utilize a variety of
q write short note on improving business qualitiesans one of the strategic business worth of information technology is its role in making major
q illustrate steps in business reengineeringreengineering experts have summarized five major steps for reengineering business processes1 develop the
goals of business process reengineering- the goals of business processreengineering is as follows -a to reduce timeb to reduce costc for customer
q describes the reengineering business processone of the most significant implementations of competitive strategies is business process reengineering
breaking structural barriers- it is useful for a firm to break structural barriers that inhibit its operations or limit its drive for competitive
q describe breaking cost business barriersit is as well helpful for a business to gain strategic reductions in operations costs using intranets as
q describe breaking geographic business barriersseveral companies today operate from several locations and have customers or suppliers at distant
q what is breaking time barrierscomputers as well as telecommunication networks break time barriers the major capabilities of it are to shorten the
information system as well allows a firm to develop a strategic information base that is able to provide information to support the firms competitive
q raising barriers to entry using information systemby investment in information technology a firm could as well erect barriers to entry that would
investment in information technology can permit a business to lock in customers and suppliers by building valuable new relationships with them
q improving business processes using information systeminvestment in it information technology could enable a firm to cut costs improve quality and
q use of information system in businessthe utilization of information system has been increasing day by day it assists to give a competitive
q competitive strategies for information systembusiness is capable to develop competitive strategies to counter the action of the competitive forces
q use of private networks in companiesseveral companies are building private networks to link their customers employees and suppliers together these
with the data so determined hindustan food wanted to know if the difference in the sales was due to the difference in flavors and what affect the
q what do you mean by casual labour and what are the rules for their recruitment and benefits admissible to them after they attain temporary
q conflicts in profit versus value maximization principle1 conflict between departmental goal and firm goal there are several departments in affirm