Social Networking, E Commerce, Information Systems, It...

The purpose of this report is to understand the following topics which are Social networking, E commerce, information systems, IT risk management and how they have influenced the modern day business organizations in terms of Promoting their business through social networks, how important to have a risk management plan in an organization, and how Ecommerce has become essential part of the business, also The value of information system is for the people of the modern world. Introduction Social Networks:- What are social networks? Social networking is a plat form, online service or a website which focuses on connecting people who shares common interests and ideas. For an example people who shares common interests, activities back grounds etc. And further the social networks has made much easier to keep in touch with your loved once around the globe. Geocities is rated as the very first social network to launch in the internet in 1994. Since then social networking sites such as Facebook, Instagram, Tumbler, tweeter has become more popular around the world. (Forbes, 2012) Why are social networks important to modern business? Social networks have become an essential part of a business in this modern world today. It help the organizations to network, interact with customers and team members and also to promote the business. (Able.com, 2013) E-Commerce:- What is Ecommerce? E-commerce is a commercial transaction that involves transfer of information across the internet. ItShow MoreRelatedEssay on Final Project2965 Words   |  12 PagesApplications and Social Networking Graded Assignments: Project Project Project Title Transforming to an E-Business Model Purpose This project provides you an opportunity to assume a specific role in a business situation. You then apply the competencies gained in this course to develop a solution for a business problem related to an organization’s transformation to an e-business model. Learning Objectives and Outcomes You will be able to: Gain an overall understanding of an e-business transformationRead MoreSecurity and Payment Issues Faced by e-commerce Business in the Hospitality Industry978 Words   |  4 Pagesviolations and cyber-attacks to e-commerce systems especially in the hospitality industry. â€Å"In 2011, Trustwave SpiderLabs conducted 42 percent more data breach investigations than in the previous year. More than 85 percent of these data breaches occurred in the food and beverage, retail and hospitality industries.† (Savitz Percoco, 2012). It seems logical that any business would understand that building a secure business is important to long term success. (Vacca, 2012). E-commerce as a catalyst has ledRead MoreWhy Personal Information Is Risky On The Internet And The Situation Of Information Security1422 Words   |  6 Pagesdatabase management tools† (http://www.pcmag.com). Not only the development strategy of the government and enterprises, but also threaten citizens’ personal information security. There are significant issues increases rapidly due to this environment such as transfer , reproduction and abuse of personal information. Therefore, it provides convenience to criminal who wants to steal personal information of other people for benefit reason or other reasons. This essay aims to introduce the risks to personalRead MoreCmgt 554 Entire Course ( Week 1-6 ) Complete Course1596 Words   |  7 PagesCommunity Hospital Virtual Organization Prepare a 1,400-2,450 word paper including the following: †¢ Identify how data is transmitted within the hospital and externally. †¢ Identify and describe the OSI layers directly involved. †¢ Relate this information to the OSI model. Identify the various protocols that are available for use, and provide a recommended standard that should be used for the hospital. Use outside research to show how these standards have been used in similar companies to explainRead MoreThe Growing Relevance And Role Of Web Based Technologies1547 Words   |  7 PagesSocial Media Today The growing relevance and role of web-based technologies in supporting â€Å"firm operations† is widely acknowledged both by practitioners and academics (Hanafizadeh, Hanafizadeh, Khodabakhshi, 2010). The explosion of social media across the globe has impacted personal and professional communications and has opened up a variety of opportunities for interaction with communities, regions and businesses across the world. Businesses now, and more importantly in the future, are nowRead MoreElectronic Payment Social Commerce Essay1413 Words   |  6 Pagesi.e. organizations that conduct their business solely online (Turban E. , Lee, King, McKay, Marshall, 2008), and for this reason e-payment is assumed to be the sole means of payment. (Snellman, Vesala, Humphrey, 2001) Defines e-payments as any payment service that makes use of information and communications technologies including Integrated Circuit (IC) cards, cryptography and telecommunications. However, in this study, e-payment refers to all electronic transactions as payment for goods andRead MoreThe Challenges of E-Commerce1403 Words   |  6 PagesThe Challenges of E-Commerce MKT552 The Challenges of E-Commerce Today’s business managers face many challenges when migrating a traditional ‘brick and mortar’ company to that which is now known as the evolutionary ‘click and mortar’ business model – that is, a business that operates in the Internet market space. To stand boldly in the face of challenges presented by the networked economy, firms must develop competencies that enable not only high performance market interactivity and adaptiveRead MoreAdvantages And Disadvantages Of Mobile Technology Essay1447 Words   |  6 PagesIntroduction ‘The centre of gravity in information technology has shifted away from the desktop and laptop computer and into the palm of your hands’ (Schwartz, 2010). The remarkable development of technology in the past decade has elevated the standards of e-commerce in the contemporary market. E-commerce has expanded from the conventional methods of electronic transactions through hardware computers into more dynamic and expedient system of mobile commerce through portable devices. Mobile computingRead MoreCase Analysis : Manager, And Operator Of A Local Golf Course And Pro Shop Essay1702 Words   |  7 Pagescan best expand his business through an e-commerce website. Mr. Kirby’s goal is to integrate the site into all aspects of the golf course and pro shop by selling merchandise and offering online scheduling of tee times. Approximately 71% of all shopper’s shop online looking to get a better deal and nearly 80% of the U.S. population has made an online purchase. E-commerce factored to be 7.5% of all retail in the country for the fourth quarter of 2015. (E-commerce Statistics All Retailers Should KnowRead MoreRelevant Types Of E B usiness Models1701 Words   |  7 Pagestypes of e-Business models In this case analysis, we use the term e-Business as a broader definition of e-Commerce (EC), not just solely describing the buying and selling of goods and services, but conducting all kinds of business online such as servicing customer, collaborating with business partners, delivering e-learning, and conducting electronic transactions within an organisation. This has to be stated since in some sources, the terms EC and e-Business are considered equivalent. E-Commerce have

Case Study-General Mills Inc. - 3110 Words

Genera2013 Case Study 1: General Mills Inc. Understanding Financial Statements Group 5 Summary This case overall probes into 3 basic financial statements of the company and management’s view as well as auditors comments on it. It teaches about how business ethics and corporate governance works. Case study encouraged us to closely probe into each statements and line items and make us understand it. Few highlighted learning’s are preparation of common-size financial statements, understanding of footnotes, eye opening fact about use of estimates in preparation of financial statement, etc. Overall it was good exercise accomplished with great team efforts. Concepts a. General Mills is one of the largest food companies in the†¦show more content†¦Boards of directors use financial statement to review and supervise the performance of management. Employees, of course, are potential users of financial statements as well. Employees can also be investors, so they need financial reports of the company to decide if it would be worthwhile to invest in the company. Also, companies pay bonuses, promote, and demote employees sometimes based on the company s net income, which is reported on the income statement. (Users of Financial Statements, ref) e. General Mills Inc. selected the independent registered public accounting firm KPMG LLP to conduct an external audit. The first letter from KPMG discusses their review of General Mills Inc. management report on the internal controls over financial reporting as of May 28, 2006. The general responsibilities of General Mills internal controls were listed, as well as the duties and the ethical standards external auditors (KPMG) are held to. The audit reviewed the processes involved with reporting accurate financial information, in addition to verifying that all information was prepared in accordance with the generally accepted accounting principles. The second letter from KPMG discusses the audit report on the consolidated financial statements and related financial statement schedule. In the same way as the first letter, KPMG briefly reiterated the responsibility of theShow MoreRelatedGeneral Mills Inc. Understanding Financial Statements Essay1733 Words   |  7 PagesIntroduction The case study General Mills Inc. - Understanding Financial Statements focuses on the most basic idea of finance analysis. This case is a brief look into the language that is used in the finance world and a start to interaction with auditors. In this case, KPMG LLP, the public accounting firm that was auditing their statements, had sent two opinion letters. The first letter was ensuring that both parties were aware that General Mills had internal control over financial reportingRead MoreAccounting Case Study on General Mills1465 Words   |  6 PagesAccounting Case Study on General Mills General Mills, Inc. Financial Accounting Case Study Module 1: A. General Mills Consolidated Statements of Earnings: 1. The recorded sale amount of almost $8 billion is not the actual amount of cash collected. The amount of $8 billion includes cash and credit sales. 2. Sales increased each year from 2000 to 2002. The difference between the year 2000 and 2001 was a 5.35% increase (5,450-5,173/5,173 = .0535). The difference between the year 2001 and 2002Read MoreUtilitarianism and Omelas Applying John Stuart Mills Utilitarianism to Ursula Le Guins The Ones Who Walk Away from Omelas1220 Words   |  4 Pagesargument, the reasons in which a follower of John Stuart Mill s Utilitarianism would disagree with the events taking place in Ursula Le Guin s The One s Who Walk Away from Omelas. The creed which accepts as the foundation of morals, Utility, or the Greatest Happiness Principle, holds that actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness (Mill 55). This is how Mill first presents the idea of Utilitarianism. If it promotesRead MoreThe Issue Of Marriage Equality1393 Words   |  6 Pageschurches to marry homosexual couples, they can force state governments to recognize the legal aspects of non-traditional marriages. As of March 2015, a total of thirty-seven states legally recognize married gay couples, according to Freedom to Marry, Inc., a leading promoter of marriage equality. The United States Constitution states that issues such as marriage are to be handled individually on a state-by-state basis, but this poses a fundamental problem. If a marriage is recognized in one state butRead MoreGeneral Mills Case3749 Words   |  15 Pages1998 General Mills studied areas of potential growth and value creation for their company which lead to small acquisitions of other firms. Looking to further grow their company, in December 2000, management of General Mills made a recommendation to its shareholders that they authorize the creation of more shares of common stock and approve a proposal for the company to acquire Pillsbury Company, a producer of baked goods, from Diageo PLC. Company Information General Mills General Mills is oneRead MoreAnalysis Of The Internship Experience At Apg International, Inc.1353 Words   |  6 Pages APG International, Inc. is an internationally renowned specialty glazing and building enclosure organization with specialist personnel recruited from around the world. The company has offices in Europe, Asia and the Middle East with vendors and suppliers spread across the globe. The internship experience at APG International, Inc. has been an enlightening two month period that has provided me with an opportunity to learn above and beyond the syllabus, reinforce my existing knowledge, shape my thoughtRead MoreReaction Paper on: Is Management Really an Essential Ingredient for Success?1215 Words   |  5 Pagesmuch of it is traditional exaggeration? Is it a fact or fiction? Objectives: The main objective of the case study is to provide a suitable answer for the questions discussed above. By the end of the reaction paper it has to be established whether, management is important for organizational success or not. We will also try to analyze if there are any exceptions to what we establish or not. Study Questions: * What management really is? * In what ways, management affects a business? * Is thereRead MoreThe Role Of Women Judges On International Courts And Tribunals962 Words   |  4 Pageslitigation practice, and a law clerk to United States Federal District Judge Gerald Bruce Lee, in the Eastern District of Virginia. She has served as a legal advisor or consultant to Latin American states in three cases before the International Court of Justice, and has advised petitioners in cases before the Inter-American Commission on Human Rights, including a news organization and relatives of victims of a 1994 terrorist bombing in Argentina. Professor Grossman is co-chair of the American SocietyRead MoreCase Question2035 Words   |  9 PagesWarren E. Buffett, 2005 Case Questions: 1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement? Specifically, what does the $2.17-billion gain in Berkshire’s market value of equity imply about the intrinsic value of PacifiCorp? Based on the multiples for comparable regulated utilities, what is the range of possible values for PacifiCorp? What questions might you have about this range? Assess the bid forRead MoreCase Question2051 Words   |  9 PagesWarren E. Buffett, 2005 Case Questions: 1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement? Specifically, what does the $2.17-billion gain in Berkshire’s market value of equity imply about the intrinsic value of PacifiCorp? Based on the multiples for comparable regulated utilities, what is the range of possible values for PacifiCorp? What questions might you have about this range? Assess the bid for

Book Summary Free Essays

Book Summary Beginning chapter one with citing one of the ten commandments, â€Å"Thou shall not steal,† Wayne Grudem sets the stage of what is about to come; a black and white analysis on how having business success does not necessarily make you fall short of being a â€Å"good† Christian. As a well-known, very credible Christian theologist, one may wonder why Grudem would venture out to right a book solely about business. â€Å"Business for the Glory of God,† looks at business ownership, profitability, money, competition, and borrowing and lending, just to name a few topics. We will write a custom essay sample on Book Summary or any similar topic only for you Order Now This essay will take a look at a few of the controversial topics, and share insight of why they may or may not be feasible arguments for why business is, â€Å"a gift from God. † When Grudem speaks of the commandment that states, â€Å"Thou shall not steal,† he uses this as evidence that by stealing, one must have their own possessions, and if we did not have possessions, this commandment would make no sense. This is a reasonable assumption, therefore it can be a good way to begin discussing how ownership is not so bad; on the contrary, if Grudem is unable to offer clear, factual information, his credibility may waiver. Chapter one continues with Grudem’s discussion of how ownership is not synonymic for greed, and if one is selfless and realizes that God is the real business owner, he has not sinned. The points that Grudem makes are quite valid, and are very simple, and to the point; the issue with this, is that these may seem like simple subjects, however the responses are more analytical than what is given. When speaking of ownership, the only viewpoint is one attempting to prove that business ownership is not a sinful act; without overcoming specific objections that this may be a sinful act. While the writer makes valid arguments, he tends to only cater to what he believes, instead of being philosophical on the subject. This can lead to the reader questioning the content being read, and frankly can lead to distrust in the content overall. A similar argument would be, â€Å"The world was created in six days overall, because the Bible said so. † Though this may be feasible to someone who acknowledges that the Bible is accurate, it is not a proper argument for those who look for a deeper understanding of the matter. Chapter four’s focus is commercial transactions; the beginning of the chapter reads, â€Å"Buying and selling are fundamentally good and provide many opportunities for glorifying God, but also many temptations to sin. † On the topic of buying and selling, Grudem discusses how selfish motives can easily lead to a sinful nature. When a business or individual is making a profit from their company, and they do not share the profits accordingly with their partners, they have encountered a sinful nature. Also, when a business begins focusing on their profits only, they have â€Å"idolized† money, and forgotten their original business promises. Grudem speaks of many good points on how buying and selling is essentially trading, so that we can get what we need. This is obviously what makes our economy, and allows us to provide for our families accordingly. Unfortunately, an unaddressed concern would be price gouging. For a typical, middle class American, there are a lot of products and services that are necessary that are outrageously expensive due to circumstances. One example of an unethical, non-Christian business practice would be pricing generators at a higher price due to power outages. This is unfair to the consumer who needs the product, and demonstrates the seller’s greed. Profits allow businesses to succeed; if there was no money earned for one’s labor, a business would be unsuccessful. Reasoning as to why profits are not against what Christianity stands for, is because if we make something and sell it for a higher price, we are generally selling the value that we have added to a product. Mass merchandisers, such as Wal-Mart, have the ability to sell items at low prices, because they can financially order items in very large quantities. The discounts that they receive on their merchandise are evidential to the buyer, who chooses to buy their items because they are the cheapest. It becomes a pattern; and being that consumers are primarily focused on the cost point, Wal-Mart has become somewhat of a monopoly. There is no physical value added to purchasing things from Wal-Mart, but there is value in saving a dollar or two. Due to the fact that privately owned supermarkets barely stand a chance against a mass merchandiser, â€Å"mom and pop† places are forced to close, with the inability to compete. Though price is a consumer’s primary concern, if there were lower costs of living, small businesses would have a lower overhead cost, and would not be forced to raise their prices for consumers. This is not insinuating that mass merchandisers are being sinful with their low prices; this simply demonstrates how the government’s involvement in protecting small businesses can drive the economy. In chapter eight, Grudem discusses competition; this is probably one of the most controversial subjects surrounding one’s idea that businesses are synonymous with greed and corruption. Competition can be defined from several different view points, and can be either positive or negative. One example of friendly competition would be a children’s basketball game. Children are encouraged to be aggressive, and to win, however, they realize that the game is to be played fairly, and friendly. Teams know that at the end of the year, the best teams â€Å"win†, and are awarded accordingly, which is another motivator for friendly competition. Competition takes place through all business standpoints, and sometimes goes without notice. In my workplace, there is friendly competition amongst employees who are selling phones. Being that our pay is based on what we sell, this friendly competition can turn ugly very quickly; it just depends on your mindset. Being a Christian, I do not participate in unethical behavior that can hinder someone else, or me. I always make an attempt to treat each associate fairly, and I refrain from using foul or negative language. The unfortunate part is that not all associates will feel the same way about this, and this can lead to a tense environment, and ultimately employee remorse. This example demonstrates the positive and negative aspects of competition from a Christian viewpoint. Throughout his very short, theological book, Grudem tends to make a black and white analysis of topics pertaining to business. Throughout my reading, I found that his points were very valid; however, they could be contradicted very easily. To a common reader who may not have much knowledge on Christian theology, it would be feasible that they search for further explanation. This book would benefit from the author having more of a philosophical mindset, and sharing both views on the matter with conclusive evidence as to why his viewpoint is correct. In this instance, the reader yearns for more information and ultimately, a better argument. The writer begins each chapter with stating that all â€Å"can† lead to sin if you let it, but he does not elaborate enough. For my educational purposes, I found this book very helpful in its attempt to shed light on a commonly overlooked topic in the Christian world. I was able to see Grudem’s points very clearly, and more importantly, I was able to gain information that can help me in my profession. WORKS CITED Grudem, Wayne. Business for the Glory of God: The Bible’s Teaching On the Moral Goodness of Business. Wheaton, IL: Good News Publishers/Crossway Books, 2003 How to cite Book Summary, Papers

Creative Writing The Meadow Essay Example For Students

Creative Writing: The Meadow Essay Creative Writing: The MeadowOn a crisp autumn afternoon, I sat idly under an enormous oak treewatching as a whirlwind whisked across the rolling hills of the meadow. As itpassed by me, the whirlwind scooped up a dormant pile of leaves lying next tothe oak tree. The leaves appeared to come alive twisting, turning, and dancingabout the meadow. They were sporting their new fall colors of red, orange,brown, and yellow. The brittle autumn leaves seemed to be having a party. Asthe party moved out of sight, I began to think about the last time I visited themeadow. The memories of my last visit are vivid with relaxed and peacefulthoughts motivated by the images, scents, and sounds of the meadow. The beauty of the meadow in the summer is unequaled. My memoriescontained many images of this special place. Snow covered mountains extend highabove the heavens; thus, setting the backdrop to the meadow. Wildflowersspeckled the base of the mountain becoming more abundant near the babblingbrook. The brook ran through the middle of the meadow turning, and twistingaround the enormous oak tree. The lush green grass grew around the tree likehair on a dogs back. Birds flew through the radiant blue sky diving forinsects. My thoughts reflect relaxation as my mind focuses on the pleasingimagery. The sounds of the meadow complement the beautiful imagery, and create asense of inner peace and harmony. The soothing sounds drifted across the meadowlike an orchestra playing at Carnegie Hall. The buzzing of the bees feeding onpollen made up the chorus. A woodpecker kept a steady beat as he drilled a holein the oak tree. Birds whistling, and peeping formed the brass section liketrumpets playing an excerpt from the 1812 Overture. All these sounds, and manymore blended together to create a relaxing melody soothing to the ear. The scents that fill a place are often strong components of memories. The scent of the meadow established lasting images in my mind. A breeze thatwafted across the meadow was full of many different scents. The yellowwildflowers smelled like a rich box of dark chocolate fudge: that was presentedas a gift on Christmas Day. The green grass was an odoriferous carpet smellingmostly of mildew. Perhaps, the most pleasant scent associated with the meadowwas that of an approaching storm. I often found solace in the rhythmic noise ofthe raindrops, and the wonderful smell of life giving rain. It was as if thesmells of the meadow were tangible objects seen, felt, and touched. A chill came over me as crisp breeze whisked over the meadow. The sunhad passed behind the snow covered mountains. Small white flakes had startedto come down as I sat under the leafless oak tree. I got up to look around themeadow; now completely covered with a white blanket. It seems that I missedremarkable visit while reminiscing about the past. The imagery, sounds, andscents of the meadow were powerful constituents of my relaxing and therapeuticmemories.