Computers and information systems have various quality of life impacts such as employment, health risks, equity and access, and rapidity of change (Stair and Reynolds 34). The employment impact shows that many people face the risk of losing their jobs. The demand for skills may also reduce. Health risks such...
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In today’s fast-paced world, ICT has become an integral part of all businesses. Businesses across different sectors leverage ICTs to perform a wide range of processes such as talent management, sales and marketing, customer relationship management, and supply chain management, among others. Firms are increasingly integrating new forms of communication...
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The Emergence of Social Media The emergence of social media and networking has made it easier for people to send and receive information around the world. Through simple posts on Facebook, Instagram, Twitter, and other media platforms, anyone can become aware of various issues existing across the globe. According to Kietzmann...
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a) As the consultant, I would expect a return of not less than 5%, having taken funds from a business which returns or earnings are 4% to invest in a new project. Since the capital for investment has originated from different sources, each of the latter represents a different opportunity cost....
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Information Silos and Their Problems According to Wood, (2010), an information silo is an information management system that is not able to share data with other information management systems in an organization. Information silos are established mainly in situations where the data system is not integrated with other systems. Also, silos...
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Big data refers to the complex information, huge enough not to be processed or managed by the management tools and software used in traditional means. It may represent the vast untapped volumes of the information that are not recognized by the existing warehouse systems and analytical applications. Examples of big...
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The current age of information technology has altered every area of social, political and economic lives of people globally. Groundbreaking innovations render traditional means and methods of conducting affairs obsolete by providing current, fast, easy and user-friendly disruptive technologies. The currency industry is one of the areas impacted by information...
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Century presents an era of intensive technology use in management decisions. Laudon Laudon (2012) assert that technology has become an ingrained part of business decision making as they strive to attain their strategic objectives and consequently acquire competitive advantage. Information systems (IS) are among some of the main...
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A website: The Digital Face of a Business A website is the representative face of a business to the world and is defined as the digital footprint of the organization. It is a digital tool that helps an entity or institution reach a wider customer base who can view the products...
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The Internet of Things (IoT) The internet of things (IoT) describes the network of various physical devices such as home appliances, vehicles, as well as various other home appliances that are equipped with sensors and software that enable connectivity. In return, connectivity allows for connection and the exchange of data, which...
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Importance of Decision-Making Efficiency Decision-making efficiency is a critical determinant of business success (Saaty, 2008). Organizations often encounter challenges in the business environment. These challenges may stem from the external business environment or in some cases from internal systems. It is important for managers to establish the origins of challenges experienced...
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Supply and Demand of Mobile Phones Almost every individual across the globe uses mobile phones services and due to this product has many manufacturers. The primary producers are Samsung and Apple conglomerates which have dominated the contemporary market. There is, therefore, stiff competition in the mobile phone market and every firm...
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