#REDIRECT [[IT Sourcing (Information Technology Sourcing)]]
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#REDIRECT [[IT Sourcing (Information Technology Sourcing)]]
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...ng of goods and services in a digital environment. It was developed by the IT Governance Institute (ITGI) in collaboration with leading practitioners and
...improve the efficiency and effectiveness of their procurement activities. It consists of six capability levels that outline the key components of succes
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...hilosophy where an organization utilizes several vendors for each product. It is a strategic management tool to increase competition in order to lower pr
...me form of partnership sourcing. In the procurement literature partnership sourcing is said to have the following advantages over competitive supply(Lamming an
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...and potential disruptions to the supply chain. Companies that adopt single sourcing need to weigh the benefits and risks carefully to ensure the strategy align
== Benefits of Single Sourcing ==
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...ng power structures, even while occasionally producing content critical of it and the elites.<ref>[https://massmediang.com/journalism-lap-dog-watchdog-gu
*[[IT Strategy (Information Technology Strategy)]]
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'''Multiple Sourcing''' is a procurement strategy used by businesses and organizations to acquir
...chain resilience, flexibility, and performance. The main roles of multiple sourcing are:
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...-management-for-strategic-planning What is Stakeholder Engagement & Why is it Important?]</ref>
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...ptability, allowing tailoring to specific organizational needs, and making it applicable across diverse enterprises, from startups to global corporations
*[[IT Strategy (Information Technology Strategy)]]
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...ier or group of suppliers to provide goods or services to an organization. It is an important part of procurement and supply chain management, as the qua
*[[Strategic Sourcing]]
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...tion that handles the management and integration of multi-source partners. It handles the complexity of multiple-provider service delivery by making solu
*[[IT Strategy (Information Technology Strategy)]]
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...ay have considered outsourcing your infrastructure, but you're unsure what it would mean for your business.
Infrastructure Outsourcing includes outsourcing IT Services such as service desk capabilities, data center outsourcing, networ
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...ffectiveness of subliminal advertising, with some research suggesting that it may be able to influence consumer behavior, while other research has found
...use of subliminal advertising is generally considered to be unethical, as it relies on manipulating consumers' subconscious thoughts and emotions withou
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...7)? [https://blog.orionhealth.com/what-is-hl7-and-why-does-healthcare-need-it/ Orion Health]</ref>
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...nt among both data and service-oriented architecture (SOA) offerings since it is the single reference point for all information needed by the organizatio
...that make up a particular issue to be understood and communicated clearly. It is structured to be cross-enterprise in scope. FSDM provides a framework fo
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...n that describes the likelihood of different outcomes or events occurring. It is used in statistics and probability theory to model the randomness or unc
*[[IT Strategy (Information Technology Strategy)]]
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...siness unit objectives and strategies by maximizing resource productivity. It deals with a relatively restricted plan that provides the objectives for a
*[[IT Strategy (Information Technology Strategy)]]
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...manual intervention. When something is processed using STP, it means that it is automatically processed from start to finish without the need for a pers
...erent industries and contexts, such as banking, insurance, and healthcare. It is often used to speed up the processing of transactions and reduce the ris
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...organized in a logical, organized way and is easy to process and analyze. It typically includes information that is organized in tables, charts, or othe
Structured data analysis involves organizing the data in a way that makes it easy to understand and draw conclusions from, and using statistical and ana
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*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Governance]]
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...e purpose of price is to facilitate the exchange of goods and services, as it allows buyers and sellers to agree on the value of a product or service.
*[[IT Strategic Plan (Information Technology Strategic Plan)|IT Strategic Plan]]
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...roducts or services. Identifying the primary customer is important because it allows the business to tailor its offerings to the needs and preferences of
It is important to note that a business may have multiple customer segments, e
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...materials as they flow through the supply chain. SCV is important because it helps companies to manage their supply chain more effectively, by providing
...d monitoring of goods and materials as they move through the supply chain. It may also involve the use of sensors and other tracking devices to collect d
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...l defense and any damages or settlements that may be awarded in a lawsuit. It helps to protect professionals from the financial burden of defending again
...afeguard their financial interests and reputation in the event of a claim. It is important for professionals to carefully consider their insurance needs
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...move goods and materials, and the demand patterns and needs of customers. It may also involve the use of technology, such as enterprise resource plannin
...n can be a key differentiator for a company, as it can help to ensure that it is able to meet the needs of its customers in a timely and cost-effective m
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In order to achieve strategic synergy, it is important for the entities involved to align their goals and objectives
*[[IT Strategy (Information Technology Strategy)]]
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...e a specific asset or security, typically at a predetermined price, before it is offered to others. Subscription rights are often granted to existing sha
...to maintain their ownership percentage in the company, rather than seeing it diluted by the new shares being issued.
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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*[[IT Strategy (Information Technology Strategy)]]
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...ive''' is the driving force behind a company's desire to generate profits. It is the desire to make money and achieve financial success. Companies that o
The profit motive is a key factor in the functioning of a market economy. It provides a financial incentive for companies to produce and sell goods and
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...a well-known or widely-used term in the field of technology or computing. It appears to be a concept that combines geospatial data with virtual machine
Based on these definitions, it seems that GeoVMM could refer to a hypothetical concept that combines geosp
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...a [[network]] that spans a metropolitan area, such as a city or a region. It is typically used to connect devices that are located within a single metro
*[[IT Strategy (Information Technology Strategy)]]
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...Gantt chart''' is a type of bar chart that illustrates a project schedule. It is commonly used in project management to show the progress of tasks over t
...ration and dependencies, and how the work is progressing over time, making it a powerful tool for project planning, scheduling, and tracking.
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...oor decision-making. To help mitigate the effects of the planning fallacy, it is important to carefully consider all available information and to seek in
*[[IT Strategy (Information Technology Strategy)]]
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...vice will depend on the specific requirements of the system or application it is being used for.
*[[IT Strategy (Information Technology Strategy)]]
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...ual employees or teams, rather than being centrally managed by a dedicated IT department. Spreadmarts are often used to track and organize data for a spe
...a useful tool for managing and organizing data within an organization, but it is important to carefully consider the potential drawbacks and to implement
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...nagement''' is the process of managing and maintaining a computer network. It includes a wide range of activities, such as configuring and installing net
...as it helps to ensure that a network is running smoothly and efficiently. It is a critical function in today's connected world, as most businesses and o
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...tation and decision-making to test the feasibility of an idea or proposal. It involves creating a simplified or exaggerated version of the idea or propos
...or proposal. By creating a simplified or exaggerated version of the idea, it can be easier to see the potential flaws or weaknesses and to identify ways
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...defining and modeling the various components and processes of the system. It can also be used in the analysis and design of other types of systems, such
*[[IT Strategy (Information Technology Strategy)]]
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...that the various components of a system are working together as intended. It is typically performed after the individual components of the system have b
...multiple sources, or that have been customized or configured in some way. It involves testing the interfaces and interactions between the components of
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...on. It is an important aspect of software development and maintenance, and it involves a range of processes and tools that are used to manage the various
...f a software system and the changes that have been made to it, and to make it easier to manage and update the system as needed.
2 KB (228 words) - 18:11, 8 March 2024
...ication''' is a theory that explains how people engage with media content. It suggests that people use media as a form of play, and that they seek out me
...o the Play Theory of Mass Communication, people are drawn to media because it provides them with an opportunity to play, and to engage in activities that
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== Definition of Strategic Sourcing ==
...Sourcing [https://www.ariba.com/solutions/business-needs/what-is-strategic-sourcing SAP]</ref>
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...ased protocol that is designed to transmit email messages between servers. It uses a series of commands and responses to send and receive messages. When
...and clients. However, it does have some limitations, such as the fact that it does not support the transmission of binary files or non-text data. For thi
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...ess of organizing, storing, and managing data about data, or [[metadata]]. It involves the creation, maintenance, and use of metadata to improve the unde
Metadata is defined as data that describes and contextualizes other data. It provides information about the characteristics, content, and context of dat
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...return received by shareholders of a company over a given period of time. It takes into account both the appreciation in the value of the company's stoc
...ial performance of the company and the returns generated for shareholders. It is often used by investors to compare the performance of different companie
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...levant when deciding whether to continue investing in a project or abandon it. The decision to continue investing should be based on the expected future
*[[IT Strategy (Information Technology Strategy)]]
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...'' is a protocol for interfacing interactive programs with a [[web server. It is a variation of the CGI (Common Gateway Interface) protocol that is desig
...and it can be used with any web server that supports the FastCGI protocol. It is often used in conjunction with web servers such as Apache and Nginx to p
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...o provides tools for project management, communication, and collaboration. It can be used on its own, or as part of the Microsoft 365 suite of applicatio
SharePoint is designed to be flexible and customizable, so it can be used in a variety of different ways. Some common use cases for Share
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...e process that organizations go through as they grow and evolve over time. It is a framework that helps organizations understand the different stages of
...isions that are appropriate for the stage of development that they are in. It can also help organizations identify potential challenges and opportunities
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...ithout a means of locating or retrieving the resource or information about it, these are Uniform Resource Names (URNs). The web technologies that use URI
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Sourcing (Information Technology Sourcing)]]
*[[IT Operating Model]]
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...confined to a small geographic area, such as a single building or office. It is typically used to connect computers, printers, and other devices within
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...system can be attributed to different sources of uncertainty in the input. It is a way of understanding how sensitive the output of a model is to changes
...contexts, such as financial modeling, risk analysis, and decision-making. It can help identify key drivers of uncertainty and inform decision-makers abo
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...anizing the use of time in order to achieve specific goals and objectives. It involves setting priorities, allocating time to specific tasks, and adjusti
*[[IT Strategy (Information Technology Strategy)]]
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...a company's core business operations, expressed as a percentage of sales. It is calculated by dividing the operating profit (also known as operating inc
...ts to consider when evaluating a company's financial performance. However, it is important to consider other financial measures as well, as operating pro
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...to think about what they are doing and may need to concentrate to perform it correctly.
...the skill and can perform it automatically, without having to think about it.
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...''' measures the cash generated by a company's normal business operations. It is calculated by adding up all the cash inflows and subtracting all the cas
...s it shows its ability to generate cash from its core business activities. It is used to evaluate the company's performance, as well as to forecast futur
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...to prevent unauthorized parties from intercepting and reading the data as it is transmitted between two devices.
...fies the certificate and, if it is valid, generates a secret key and sends it to the server encrypted using the server's public key. The server decrypts
2 KB (241 words) - 16:21, 8 March 2024
...ch of a customer's spending is allocated to a particular company or brand. It is calculated by dividing the amount a customer spends with a particular co
*[[IT Strategy (Information Technology Strategy)]]
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...ject Model (DOM)''' is a programming interface for HTML and XML documents. It represents the structure of a document as a tree-like object, with each ele
...and interactive web pages. It is supported by all modern web browsers, and it is an essential tool for building web-based applications and services.
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...safety testing and certification for a wide range of products and systems. It was founded in 1894 and is headquartered in Northbrook, Illinois.
...electronic products, building materials and systems, and medical devices. It tests products to ensure that they meet the relevant safety standards and i
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...nd the evaluation phase involves testing and refining the system to ensure it meets the user needs and goals.
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...ompanies with complex infrastructures or a diverse range of products since it helps them manage their customer data more effectively.
*[[IT Strategy (Information Technology Strategy)]]
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...s is the operating system used on Apple's line of iPhone and iPad devices. It is known for its user-friendly interface and integration with other Apple p
...g system developed by Microsoft, and is used on a small number of devices. It is known for its integration with other Microsoft products and services.
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...opular operating system used on personal computers in the 1980s and 1990s. It was a command-line-based system, which means that users had to enter comman
...ore advanced operating systems such as Windows, macOS, and Linux. However, it continues to be used in some specialized applications and is still of histo
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...ld be encoded and transmitted in emails and other electronic messages, and it allows users to send and receive multimedia content in a way that is compat
...es. MIME specifies how this content should be encoded and transmitted, and it defines a set of standardized file types and encoding methods that are used
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...d Time-bound. It is a method that is used to set goals and objectives, and it helps to ensure that the goals are clear, achievable, and measurable.
...iety of contexts, including business, education, and personal development. It is designed to help people set goals that are realistic and achievable, and
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...that organizations face when choosing their structure and operating model. It is often used as a tool for assessing the strengths and weaknesses of diffe
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*[[IT Strategy (Information Technology Strategy)]]
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...it is intended to improve the efficiency of subsequent searches by making it more likely that the node will be accessed again in the future.
...s are accessed, they are moved closer to the root of the tree, which makes it more likely that they will be accessed again in the future. This can help t
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...approach used to bring about social and behavioral change in a community. It involves the identification of individuals or groups who have succeeded in
...olutions to their problems, rather than relying on external interventions. It also promotes community participation and ownership of the change process,
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...e GDP is the single most important indicator to capture economic activity, it falls short of providing a suitable measure of people's material well-being
*[[IT Strategy (Information Technology Strategy)]]
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...is used to analyze systems that are subject to randomness or uncertainty. It involves the use of mathematical models to represent the probability of dif
...f fields, including finance, insurance, engineering, and natural sciences. It can be used to forecast future events, assess risk, optimize decision makin
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...o understand its overall design and how its components are interconnected. It also allows for easier management and maintenance of the system, as well as
*[[IT Strategy (Information Technology Strategy)]]
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...ned and allocated among multiple clients through a self-service interface. It’s a straightforward way to scale out workloads that experience unexpected
*[[IT Strategy (Information Technology Strategy)]]
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...financial ratio that measures the profitability of a company's net assets. It is calculated by dividing the company's net income by its net assets and ex
...an also be useful for comparing the performance of a company over time, as it shows whether the company is becoming more or less efficient at generating
2 KB (256 words) - 18:48, 8 March 2024
...concept that represents the average outcome of a probability distribution. It is calculated by multiplying the value of each possible outcome by its prob
...ey you can expect to get if you draw a marble from the bag multiple times. It does not mean that you will always get exactly $10 – you may get more or
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...points may be underrepresented in the media or in other public forums, and it has implications for the way in which public opinion is formed and expresse
...silence is a key concept in the field of communication and psychology, and it is an important factor to consider when studying the way in which public op
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...from taking advantage of multiple distribution channels. It can also make it more difficult for customers to purchase the company's products, especially
...ntrol over their distribution channels and build a strong brand image, but it may not be the best choice for every company.
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However, it is important for investors to carefully consider the terms and risks associ
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...s a systematic approach to the analysis and design of information systems. It is a model-driven method that emphasizes the importance of structured plann
#Testing and implementation: This stage involves testing the system to ensure it meets the requirements and implementing the system in the production enviro
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...ratio that measures the profitability of a company's capital investments. It is calculated by dividing the company's operating profit by its invested ca
...an also be useful for comparing the performance of a company over time, as it shows whether the company is becoming more or less efficient at generating
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...its external entities, such as other systems, users, and the environment. It is a useful tool for understanding the context in which a system operates a
...tify the key stakeholders and external factors that may affect the system. It is often used as a starting point for more detailed system modeling and des
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...ework for understanding the process of [[collaboration]] in virtual teams. It was developed by Mary L. Markus and S. Min Soh in their 1997 paper "Virtual
...ts that virtual teams go through a series of stages as they work together. It is a useful framework for understanding the challenges and opportunities of
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...lps to isolate the effect of its operating performance on its bottom line. It is often used in conjunction with other financial metrics, such as return o
...-GAAP (generally accepted accounting principles) measure, which means that it is not necessarily calculated in the same way as the net income reported on
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...pital investments. It is similar to return on capital employed (ROCE), but it is calculated slightly differently.
...ts total capital. Total capital includes both debt and equity capital, and it is sometimes referred to as "book value." After-tax operating profit is the
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...ratio that measures the profitability of a company's capital investments. It is calculated by dividing the company's operating profit by its capital emp
...an also be useful for comparing the performance of a company over time, as it shows whether the company is becoming more or less efficient at generating
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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#Why: why did the situation or event happen, or what is the reason for it.
...ing questions is commonly used in journalism, research, and investigation. It helps to gather comprehensive information about a topic, and ensure that no
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...s a financial ratio that measures the profitability of a company's assets. It is calculated by dividing the company's net income by its total assets and
...an also be useful for comparing the performance of a company over time, as it shows whether the company is becoming more or less efficient at generating
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...a distribution of additional shares of stock to shareholders of a company. It is a way for a company to return value to its shareholders without actually
When a company declares a stock dividend, it will issue a certain number of additional shares of stock to each sharehold
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...control of the company, they can better manage it and increase its value. It can be done through a merger or acquisition, where the investor acquires a
...esponsibilities of managing a public company and its assets. Additionally, it also carries the risk of misalignment of incentives between the investors,
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...nancial services, where the consequences of system failures can be severe. It allows systems to continue operating and serving their purpose, rather than
*[[IT Strategy (Information Technology Strategy)]]
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...ng the flow of goods from the point of origin to the point of consumption. It includes all the activities and systems required to move a product from the
Effective physical distribution is critical to the success of a company, as it can impact the cost, speed, and reliability of the product's delivery to cu
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...H)''' is a network protocol used to securely connect to a remote computer. It allows users to remotely log in to another computer over a network and exec
...making it more secure than other methods of remote access such as Telnet. It is commonly used to access servers and other devices over the internet, as
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*'''Supplier Evaluation:''' Businesses sourcing materials from suppliers can use Shore's Classification to compare and eval
*[[IT Strategy (Information Technology Strategy)]]
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...of a company's profitability that takes into account all of its expenses. It is calculated by dividing net income by total revenue. A higher net profit
...easures how efficiently a company is using its assets to generate profits. It is calculated by dividing net income by total assets. A high ROA indicates
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...al ratio that measures the profitability of a company's marketing efforts. It is calculated by dividing the company's marketing-generated profit by its m
...fit that can be directly attributed to the company's marketing activities. It is calculated by subtracting the company's marketing expenses from the reve
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...ess of a company from the perspective of its shareholders. In other words, it is a focus on maximizing the value of the company's shares for its sharehol
...way of increasing shareholder value. When a company buys back its shares, it reduces the number of outstanding shares, which can increase the value of t
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...erstand, and manage one's own emotions, as well as the emotions of others. It is a key factor in personal and professional success and is increasingly re
...manage their own emotions and relationships, and to make better decisions. It is also a key factor in leadership, as leaders with high emotional intellig
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...urve was first introduced by the Boston Consulting Group in the 1960s, and it has since been used in a variety of industries to analyze the cost and effi
*[[IT Strategy (Information Technology Strategy)]]
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...ratio that measures the profitability of a company's shareholders' equity. It is calculated by dividing the company's net income by its shareholder equit
...ty is the portion of a company's assets that is owned by its shareholders. It is calculated as the difference between the company's total assets and its
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...cruiting, hiring, training, and managing the employees of an organization. It involves a range of activities, including developing and implementing polic
...roles, and that they are motivated and supported to perform at their best. It also plays a key role in building a positive and productive work culture, w
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...provide a complete solution for describing and implementing web services. It was intended to provide a high-level description of the choreography, which
...ge (WS-CDL). One reason for this was the language's complexity, which made it difficult to use and understand. Additionally, there were concerns about WS
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...emic risk is an important concept in finance and investment management, as it highlights the importance of diversification and risk management at the ind
*[[IT Strategy (Information Technology Strategy)]]
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...s and drawbacks. One of the main criticisms of portfolio insurance is that it can be expensive, particularly during times of market volatility when the c
...sider the costs and limitations of portfolio insurance before implementing it in their investment strategy.
2 KB (293 words) - 15:20, 12 March 2024
One of the main benefits of enterprise search is that it can help organizations to save time and increase productivity by allowing e
Another benefit of enterprise search is that it can help organizations to improve their data governance and compliance effo
2 KB (290 words) - 15:33, 8 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...from taking advantage of multiple distribution channels. It can also make it more difficult for customers to purchase the company's products, especially
...ir distribution channels and ensure high-quality service to customers, but it may not be the best choice for every company.
2 KB (277 words) - 18:13, 8 March 2024
...sentation of the objects and their relationships within a software system. It defines the structure and behavior of objects, their attributes, and their
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...ome a widely accepted approach to marketing, with many businesses adopting it as a key strategy for success.
*[[IT Strategy (Information Technology Strategy)]]
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...using a communication protocol. It consists of a header and a payload, and it is used to transmit information between devices in a structured and standar
...control information. The payload is the actual data being transmitted, and it can contain a wide range of information, depending on the application and t
2 KB (287 words) - 15:22, 12 March 2024
One of the benefits of franchising for the franchisor is that it allows the company to expand rapidly by leveraging the capital and expertis
...l that allows for rapid expansion and an established brand and system, but it also involves a certain level of control and ownership trade-offs for both
2 KB (298 words) - 17:51, 8 March 2024
An IT ecosystem is "the network of organizations that drives the creation and del
*In successful technology ecosystems it is easy to connect to or build upon the core solution in order to expand th
2 KB (302 words) - 19:41, 18 March 2024
..., including military strategy, sports psychology, and business management. It has been studied extensively in psychology and decision making research, an
...ic planning, and personal decision making. To avoid paralysis by analysis, it is important to maintain a balance between gathering information and taking
2 KB (277 words) - 15:48, 8 March 2024
...lustrate that, on paper, the company is insolvent, but in practical terms, it can still function as a business. <ref>Definition: What is Technical Bankru
...t enough to cover its debts, the company can continue operating as long as it can keep up with its current debt payments.
2 KB (281 words) - 16:11, 8 March 2024
...'s financial health, revenue and profit trends, and management efficiency. It also includes studying the company's management, board of directors, and bu
...by evaluating the fundamental economic and financial factors of a company. It is used by investors and portfolio managers to make informed decisions abou
2 KB (256 words) - 18:32, 8 March 2024
...ns ownership of the asset and is responsible for maintaining and repairing it. The lessee is responsible for paying a regular lease payment to the lessor
*[[IT Strategy (Information Technology Strategy)]]
2 KB (290 words) - 18:31, 11 March 2024
...that they have adequate coverage for their specific risks and liabilities. It is also important to take proactive steps to manage and mitigate environmen
*[[IT Strategy (Information Technology Strategy)]]
2 KB (267 words) - 15:34, 8 March 2024
...the use of technology to automate and streamline the procurement process. It involves the use of electronic systems and tools to manage the procurement
...electronic purchase orders, electronic invoicing, and electronic payment. It can be used in both the public and private sectors, and can be implemented
2 KB (281 words) - 13:54, 8 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
2 KB (279 words) - 10:44, 13 March 2024
...mber of the group taking turns suggesting ideas or solutions to a problem. It is a structured approach to brainstorming that helps to ensure that all mem
...generate as many ideas or solutions as possible in a short period of time. It is often used to identify potential solutions to a problem or to generate c
2 KB (279 words) - 18:51, 8 March 2024
...ons where there is a clear chain of command and a clear division of labor. It can be effective in situations where there is a need for quick decision-mak
...to a lack of innovation and a lack of ownership of decisions. In addition, it can lead to a lack of transparency and accountability, as decisions are mad
2 KB (286 words) - 16:07, 8 March 2024
...t the idea is feasible, viable and applicable in practice. In other words, it shows whether the software product or its separate function is suitable for
...finance projections and how much the service costs to maintain and market. It is an excellent way for a business to evaluate itself internally and at pro
2 KB (298 words) - 15:22, 12 March 2024
...revenue is an important measure of an organization's financial health, as it provides insight into the overall profitability of the organization. A high
*[[IT Strategy (Information Technology Strategy)]]
2 KB (283 words) - 18:03, 8 March 2024
...ial norms to persuade people. For example, a restaurant may advertise that it is "the most popular in town."
*[[IT Strategy (Information Technology Strategy)]]
2 KB (289 words) - 15:14, 12 March 2024
Equivalence partitioning is a useful testing technique because it can help reduce the number of test cases that need to be executed, while st
...ndary value analysis, to provide a more comprehensive approach to testing. It is a widely used testing technique in software development, and is recommen
2 KB (304 words) - 15:34, 8 March 2024
One of the main benefits of enterprise workflow is that it can help organizations to eliminate manual processes, reducing the risk of
...low can help organizations to gain visibility into their processes, making it easier to identify bottlenecks, inefficiencies, and areas for improvement.
2 KB (286 words) - 15:33, 8 March 2024
...continuous learning and improvement within an organization, which enables it to be more adaptive, innovative, and successful in the long term. They enco
*[[IT Strategy (Information Technology Strategy)]]
2 KB (296 words) - 17:35, 8 March 2024
...compensation plan used by companies to reward and motivate key employees. It is a non-cash benefit that provides employees with the economic benefits of
One advantage of a phantom stock plan is that it can provide employees with a sense of ownership and a stake in the company'
2 KB (310 words) - 15:14, 12 March 2024
...ts, revenue centers help to ensure that the organization has the resources it needs to invest in future growth and development.
...enters help to ensure the financial success of the organization and enable it to invest in future growth and development.
2 KB (276 words) - 18:49, 8 March 2024
...eam development''' refer to the various stages that a team goes through as it forms, matures, and ultimately becomes effective. There are several differe
...: In the performing stage, the team is fully functional and effective, and it is able to work together seamlessly to achieve its goals. At this stage, te
2 KB (344 words) - 18:16, 8 March 2024
...ent actions. When the media fails to question or challenge the government, it can lead to a lack of accountability and transparency, and can ultimately u
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...dditional information in the context of decision-making under uncertainty. It measures the maximum amount a decision-maker would be willing to pay for ob
...hem in deciding whether to invest resources in gathering that information. It is essential to note that perfect information is often unattainable in prac
3 KB (360 words) - 15:38, 8 March 2024
[[Chief Information Officer (CIO)|CIO]] Wiki is a dictionary and glossary of IT Management (information technology management) terms and concepts designed
...use often these wiki's are corporate click bait written by SEO experts not IT practitioners. CIO Wiki set out to remedy these issues.
2 KB (275 words) - 12:00, 20 February 2024
...he process of managing and organizing data storage within an organization. It involves coordinating the allocation, protection, and retrieval of data sto
...l-managed storage systems can improve the performance of an organization's IT systems and applications, leading to faster access to data and better overa
2 KB (289 words) - 17:57, 8 March 2024
...phasizes innovation, creativity, and risk-taking within the public sector. It involves applying entrepreneurial principles to government operations, in o
...data analytics and other advanced technologies to inform decision-making. It can also involve the creation of new programs or initiatives to address eme
2 KB (299 words) - 15:33, 8 March 2024
OCL is an important tool for specifying the behavior of UML models, as it allows users to define precise and formal constraints and expressions that
*[[IT Strategy (Information Technology Strategy)]]
2 KB (343 words) - 18:04, 8 March 2024
...ny has consistently incurred losses or has paid out more in dividends than it has earned in profits. A retained earnings deficit can be a sign of financi
...es of funding. However, if a company's retained earnings become too large, it may be seen as hoarding profits and not returning enough value to its share
2 KB (291 words) - 16:01, 8 March 2024
...ems and seeks to overcome them by using a more flexible, modular approach. It is a response to the growing need for ERP systems that can handle complex,
...anizations can more easily adapt to changing business requirements, reduce IT costs, and improve overall performance.
2 KB (296 words) - 12:54, 12 March 2024
...d effectiveness of the government's procurement and commercial activities. It was established in 2000 and was merged with the Efficiency and Reform Group
...project management methodology, the development of the ITIL framework for IT service management, and the development of the Gateway Review process for a
2 KB (308 words) - 18:26, 8 March 2024
...ply chain management to analyze the [[purchasing]] portfolio of a company. It was developed by Peter Kraljic in 1983 and is based on the idea that a comp
...es and develop strategies for managing their relationships with suppliers. It can also help companies identify cost savings and risk management opportuni
4 KB (500 words) - 15:39, 20 July 2023
...also take the company private, delist it from the stock exchange, and take it in a new direction, that would not be accepted by public market shareholder
...undervalued companies, and improve their financial performance and growth. It is also used as a way to acquire companies with strong market position, but
2 KB (327 words) - 17:37, 8 March 2024
...ion from a sample of data. This is particularly useful in situations where it is not feasible or practical to obtain data from the entire population.
Another advantage of using empirical process is that it can be used to estimate the distribution of any function of the data, not j
2 KB (357 words) - 14:09, 8 March 2024
...t-oriented programming]] and [[Relational Database|relational databases]]. It involves mapping object-oriented concepts to the underlying relational data
...columns, simplifying the process of interacting with databases and making it easier to maintain and update the database schema.
2 KB (305 words) - 18:10, 11 March 2024
...at measures the price of a stock relative to its earnings per share (EPS). It is calculated by dividing the market price per share of a stock by its earn
...ompany's growth rate, risk level, and industry average P/E ratio. As such, it is important to consider these factors when evaluating the P/E ratio of a c
2 KB (358 words) - 16:00, 8 March 2024
...person helps build the very best interdisciplinary teams within a company. It, in turn, leads to a stronger, more efficient and potentially groundbreakin
*[[IT Strategy (Information Technology Strategy)]]
2 KB (339 words) - 16:10, 8 March 2024
...lection, analysis, interpretation, presentation, and organization of data. It involves using statistical techniques to collect and summarize data and to
...s involves the summarization and presentation of data in a meaningful way. It includes techniques such as calculating the mean, median, and mode of a set
2 KB (349 words) - 17:58, 8 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
2 KB (327 words) - 15:55, 8 March 2024
...ements for cryptographic modules used by federal agencies and contractors. It includes requirements for the design, testing, and implementation of encryp
*[[IT Strategy (Information Technology Strategy)]]
2 KB (328 words) - 15:39, 8 March 2024
...e design]] to represent complex information in a visual and intuitive way. It provides a way to represent business objects, relationships, and constraint
...opular technique in software engineering, with many organizations adopting it as a standard approach to database design and development.
2 KB (320 words) - 18:11, 11 March 2024
...ancial information and promote global consistency in accounting standards. It provides guidance and education to the public and plays an important role i
*[[IT Strategy (Information Technology Strategy)]]
2 KB (324 words) - 16:23, 8 March 2024
...R&D can also help to improve the competitiveness of a company by allowing it to stay ahead of competitors in terms of technology and innovation.
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
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...specifies the design of a system for a particular platform or technology. It is an implementation of the Platform Independent Model (PIM), which is a te
...lueprint for how a software system will be built on a particular platform. It contains information about the hardware, software, and operating system tha
2 KB (359 words) - 15:15, 12 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
2 KB (321 words) - 16:23, 8 March 2024
One advantage of using EBIT as a financial metric is that it allows investors and analysts to better understand the underlying profitabi
...ay not provide a complete picture of a company's financial performance, as it does not take into account factors such as capital expenditures, changes in
2 KB (329 words) - 13:55, 8 March 2024
...ividual components or parts of a system and determining how they interact. It may also involve using tools and techniques to analyze and optimize the per
...de using modular design in engineering and product development, separating IT systems into discrete components for management and optimization purposes,
3 KB (352 words) - 22:09, 7 March 2024
...an a company uses to make its products or services available to customers. It includes decisions about which channels or intermediaries to use, such as d
The importance of distribution cannot be overstated, as it plays a key role in the success of a product or service. A well-designed di
3 KB (369 words) - 13:43, 8 March 2024
...ad to a decline in the organization's stock price or credit rating, making it more difficult to raise capital or obtain financing.
*[[IT Strategy (Information Technology Strategy)]]
2 KB (320 words) - 18:49, 8 March 2024
...ble for designing, building, and financing the project, and then operating it for a specified period of time. Another common form is build-operate-transf
*[[IT Strategy (Information Technology Strategy)]]
3 KB (335 words) - 15:23, 12 March 2024
It is important to note that hertz only measures the frequency of a wave or os
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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One advantage of an ODS is that it can improve the quality and consistency of operational data by integrating
...ddition, an ODS may require ongoing maintenance and updates to ensure that it remains current and relevant.
2 KB (363 words) - 12:43, 12 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
3 KB (351 words) - 18:07, 8 March 2024
...gement technique used to visualize activities and their interdependencies. It is also known as the Activity on Node (AON) method, as activities are repre
The PDM is used in the planning and scheduling phase of project management. It allows project managers to create a visual representation of the project, w
3 KB (377 words) - 15:21, 12 March 2024
...execution. It is a critical function in modern marketing organizations as it helps to optimize marketing performance, drive accountability, and measure
*[[IT Strategy (Information Technology Strategy)]]
3 KB (336 words) - 16:47, 11 March 2024
...w data flows within an organization, and how it is processed and stored by IT systems. The framework is based on the principles of Systems Thinking, whic
...necks, inefficiencies, and risks, and develop strategies to optimize their IT systems and processes.
2 KB (361 words) - 18:08, 11 March 2024
...-solving]] tool used to identify and address the root causes of a problem. It is a structured approach that breaks down a problem into smaller, more mana
The history of OAT can be traced back to the early 1980s, when it was developed by Dr. Tom Peters and Robert H. Waterman Jr. as part of their
2 KB (378 words) - 18:12, 11 March 2024
...out increasing their debt levels or affecting their debt-to-equity ratios. It can also be used to achieve other financial goals, such as reducing tax lia
...s. However, its use has been controversial, with some critics arguing that it can be used to obscure a company's true financial position and increase the
2 KB (352 words) - 18:13, 11 March 2024
...success. The PIR is an essential part of the project management cycle, as it allows stakeholders to measure the project's success against its original g
...y to provide valuable feedback on the project's success and effectiveness. It enables stakeholders to identify areas of improvement and make changes to t
2 KB (342 words) - 15:18, 12 March 2024
...e event of a merger, acquisition, or other change in control of a company. It is a form of golden parachute, which is a type of severance agreement that
...rity and incentives to stay with the company during a time of uncertainty. It also helps to attract and retain top talent, as these plans are often offer
2 KB (367 words) - 15:11, 12 March 2024
...s refer to a company's unique strengths or competitive advantages that set it apart from its competitors. These capabilities can include specialized skil
...years through research and development. The company's AI expertise enables it to provide cutting-edge solutions to customers in a variety of industries,
3 KB (363 words) - 13:42, 8 March 2024
One advantage of economic integration is that it can lead to increased economic growth and development by facilitating trade
However, one disadvantage of economic integration is that it can lead to uneven distribution of benefits and costs among countries or re
3 KB (380 words) - 13:56, 8 March 2024
One advantage of the E3Value methodology is that it provides a systematic and structured approach to business modeling, which c
However, one disadvantage of the E3Value methodology is that it can be complex and time-consuming to implement, particularly for organizati
3 KB (402 words) - 13:53, 8 March 2024
...ehind this phenomenon is that once a person has made a commitment, even if it's small, they feel a sense of obligation to continue behaving in a consiste
*[[IT Strategy (Information Technology Strategy)]]
3 KB (392 words) - 17:50, 8 March 2024
...ion was made around the same time as the rapid growth of the internet, and it aimed to describe the potential of communication technologies in the future
...t the growth in bandwidth is not solely due to technological advancements. It is also influenced by factors such as infrastructure investments, regulator
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...behavioral aspects of the system, rather than the technical details of how it is implemented.
...e system's requirements that can be used to guide the development process. It is typically created early in the software development life cycle and is us
2 KB (370 words) - 15:15, 12 March 2024
...nformation is data or content with little or no value to the organization. It can include irrelevant files, documents, or emails that do not contribute t
...sification: After identifying ROT information, it is essential to classify it according to the type of ROT (redundant, outdated, or trivial) and determin
3 KB (362 words) - 15:20, 12 March 2024
...ed framework for developing and deploying distributed applications, making it easier for developers to create and maintain applications that work across
However, one disadvantage of DCE is that it can be complex and difficult to implement, requiring specialized expertise
3 KB (352 words) - 13:42, 8 March 2024
Pre-employment screening is important for employers because it helps them make informed decisions about their hiring practices, reduce the
...organizational performance. The cons of pre-employment screening are that it can be costly and time-consuming, and there is a risk of false positives or
2 KB (332 words) - 15:18, 12 March 2024
...ally set a high price for their new product or service and gradually lower it over time. This approach is used to maximize profits during the introductio
...the 1950s, when it was first used in the technology industry. Since then, it has been widely used in various industries, such as fashion, cosmetics, and
2 KB (353 words) - 12:55, 12 March 2024
...ate the value of an investment by discounting the expected cash flows that it will generate in the future. The DCF method is widely used in corporate fin
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...s. In 2003, the Department of Homeland Security (DHS) was established, and it took over the responsibility of coordinating and managing cybersecurity ini
*[[IT Strategy (Information Technology Strategy)]]
3 KB (353 words) - 16:23, 8 March 2024
One advantage of ECA is that it can help to identify potential problems early on in a case, allowing attorn
However, one disadvantage of ECA is that it can be time-consuming and costly to implement, particularly for complex or
2 KB (384 words) - 13:54, 8 March 2024
...a and analytics to inform and improve HR-related decisions and strategies. It involves collecting, analyzing, and interpreting data on various HR-related
...kforce and to make data-driven decisions that can lead to better outcomes. It can help organizations improve employee engagement, retention, and producti
3 KB (367 words) - 15:12, 12 March 2024
#Understand all possible states an object can be in, and how it can transition from one state to another.
*[[IT Strategy (Information Technology Strategy)]]
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...hallenges is the highly competitive nature of the industry, which can make it difficult for businesses to stand out and attract customers. Additionally,
*[[IT Strategy (Information Technology Strategy)]]
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...ms, such as fingerprint recognition, facial recognition, or iris scanning. It is the proportion of unauthorized users who are incorrectly accepted by the
...he system is less likely to mistakenly accept unauthorized users. However, it is important to note that the performance of biometric systems is often eva
3 KB (380 words) - 15:41, 8 March 2024
...f marketing tools that a company uses to achieve its marketing objectives. It is often referred to as the 4Ps or 5Ps, depending on the model being used.
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...may experience as they progress in their personal and professional lives. It offers insights into how personal power evolves and can be used as a tool f
*[[IT Strategy (Information Technology Strategy)]]
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...domain names. The system is also decentralized, which helps to ensure that it remains operational even in the event of a failure or outage in one part of
However, one disadvantage of the DNS is that it is vulnerable to security threats such as DNS spoofing and denial-of-servic
3 KB (439 words) - 13:45, 8 March 2024
One advantage of the theoretical method is that it allows researchers to develop and test ideas systematically, using a rigoro
Another advantage of the theoretical method is that it allows researchers to generate new ideas and hypotheses, which can lead to
3 KB (396 words) - 16:12, 8 March 2024
One advantage of EMM is that it can help individuals and businesses save time and increase productivity by
Another advantage of EMM is that it can help improve the security and confidentiality of email communications.
3 KB (394 words) - 14:01, 8 March 2024
...esource management and has a significant impact on a company's success, as it ensures that the right people with the right skills and experience are brou
#Sourcing: Identifying potential candidates through various channels, such as job boa
4 KB (508 words) - 15:53, 8 March 2024
...s to enable the exchange of data between systems, applications or devices. It is commonly used to connect legacy systems with newer ones, allowing them t
...point integration is to simplify data transfer between two systems, making it easier for businesses to share information and streamline their processes.
3 KB (371 words) - 15:19, 12 March 2024
Enterprise applications play a significant role in the history of IT and business processes, with roots in large mainframe systems of the 1960s.
*[[IT Strategy (Information Technology Strategy)]]
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*[[IT Strategy (Information Technology Strategy)]]
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...e strengths and weaknesses of the case and develop a strategy for managing it.
One advantage of EDA is that it allows attorneys to identify and prioritize key data and documents early on
2 KB (384 words) - 13:55, 8 March 2024
...air market value of an item based on the willingness of buyers to purchase it at various price levels. This can help to ensure that the item is sold at a
However, one disadvantage of a Dutch auction is that it may not always result in the highest possible price for the seller, particu
3 KB (457 words) - 13:49, 8 March 2024
...when a computer program or operating system encounters a severe issue that it cannot recover from or continue to execute. This usually results in the pro
...a program tries to access memory that has not been allocated to it or that it does not have permission to access, a fatal exception can be triggered.
3 KB (396 words) - 15:41, 8 March 2024
One advantage of dynamic dispatch is that it allows for more flexible and extensible code, as new classes can be added t
However, one disadvantage of dynamic dispatch is that it can add additional overhead to a program, as the appropriate method or func
3 KB (410 words) - 13:50, 8 March 2024
...le used in various fields, including business, communication, and writing. It suggests that information, ideas, or concepts presented in threes are more
Importance: The Rule of Three is important because it makes information more memorable, engaging, and easier for the audience to
3 KB (401 words) - 18:51, 8 March 2024
...ach used by companies to adapt and succeed in new markets or environments. It was first proposed by Chris Zook and James Allen in their book "Repeatabili
*[[IT Strategy (Information Technology Strategy)]]
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...s. The DMTF was founded in 1992 and has over 160 member companies from the IT industry, including hardware vendors, software vendors, and service provide
One advantage of the DMTF is that it provides a standardized framework for managing and securing distributed com
3 KB (384 words) - 13:43, 8 March 2024
...taking. Organizations that do not prioritize dynamic capabilities may find it difficult to compete in fast-changing markets or to take advantage of new o
Example: A technology company has strong dynamic capabilities that allow it to stay ahead of its competitors in a rapidly changing industry. The compan
3 KB (391 words) - 13:49, 8 March 2024
One advantage of downsizing is that it can help a business or organization to reduce costs and improve its financi
However, one disadvantage of downsizing is that it can have negative effects on the morale and productivity of remaining emplo
3 KB (408 words) - 13:48, 8 March 2024
...mat: HDML is a simple, text-based language that is easy to read and write. It uses a limited set of tags and attributes to describe the structure and app
...rkup language designed for creating content for handheld devices. Although it has since been replaced by more advanced technologies like WML and, eventua
2 KB (350 words) - 19:44, 8 March 2024
One advantage of using EbXML is that it provides a standardized format for electronic business transactions, which
However, one disadvantage of using EbXML is that it can be complex and requires a high level of technical expertise to implemen
3 KB (388 words) - 13:56, 8 March 2024
*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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...d understanding of what needs to be done, how it needs to be done, and why it needs to be done. An SoR also helps to align the expectations and interests
...nguage readable by someone with no more than an eighth-grade education, or it may not have any validity. Thereby, the SOR protects you from litigation du
4 KB (660 words) - 20:10, 3 January 2023
...subproblems and solving each subproblem once, storing the result and using it as needed in later computations. The method is commonly used in computer sc
One advantage of dynamic programming is that it can lead to more efficient algorithms for solving complex problems, as the
3 KB (413 words) - 13:50, 8 March 2024
...and damages, D&O insurance can help mitigate a lawsuit's financial impact. It can help protect the company's reputation and its directors and officers.
*[[IT Strategy (Information Technology Strategy)]]
3 KB (379 words) - 22:06, 7 March 2024
...aration of instruction and data memory can provide additional security, as it is more difficult for malicious code to modify program instructions when th
*[[IT Strategy (Information Technology Strategy)]]
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...for distribution to its investors, such as shareholders and debt holders. It is an important indicator of a company's financial health and its ability t
...idered an important indicator of a company's financial performance because it shows how much cash a company has available to expand its business, pay dow
3 KB (392 words) - 17:51, 8 March 2024
...oncept used to find the average or midpoint of two given values or points. It is often applied in various disciplines, including [[economics]], [[busines
...plications in various disciplines, including business and economics, where it is used to calculate average prices, costs, and other relevant variables.
3 KB (386 words) - 17:08, 11 March 2024
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...r money. It is an essential part of the supply chain process that involves sourcing and procurement.
Purchasing is vital for various reasons. It ensures the uninterrupted flow of materials for business operations, helps
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*[[IT Strategy (Information Technology Strategy)]]
*[[IT Governance]]
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