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WEEK 12 - Chapter 9

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  E-business and E-commerce has taking off at the speed of lightning.   E-commerce refers to the buying and selling of products online.   There are different types – depending what and where the   end product is (B2C, B2B, C2C, B2E ) Commerce mechanisms include catalogues, electronic auctions, e-store fronts, e-marketplaces etc.   we are no quite happy to browse and look, because we can by electronically as well - while E-business is the activities across the board that takes place including procurement, monetary transactions, websites, applications etc. There are a number of ethical and legal issues in e-business.   Privacy and job losses are two major ethical issues – buyer’s information is stored and is available through tracking.   How does it add to job losses.   Legal issues specific to E-commerce are internet fraud, uniqueness of Domain names and Cybersquatting that goes along with domain names.   Also taxes and other fees – spen...

WEEK 11 - Chapter 8

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The social nature of human behaviour is evident in the development o social computing.  These technologies combine social behaviour and digital information.  These technologies are based on 2.0 tools and sites. Web 1.0 was the earliest version focusing on reading data (think HTML).  Web 2.0 involved more people generating the content and focuses on participation and contribution creating the social platform via technologies such as JavaScript/AJAX.  The contents is dynamic and fuelled by mobile devices Web 3.0 will be reading, writing, and executing, still a way ahead though, but think (NLP and IoT).  It will be used for blockchain gamed and metaverses Fundamental function of these social platforms is social commerce – delivering commerce activity to end users, allowing them to participate in online markets and communities. We all love our online shipping, which has increased after COVID – people suddenly realised there is no harm in doing it. REFERENCES G...

WEEK 10 - Chapter 6

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  This chapter deals with ethics and privacy of information.  We share so much on the WWW, we would want to and assume that it is used ethically and responsibly. Ethics refer to the principle of right or wrong.  The framework of our decisions is based on 4 widely used standards called approaches – utilitarian, rights, fairness and common good.  In the corporate environment, many companies have developed their own set of ethics.  Most Codes of Ethics includes doctrines such as responsibility, accountability and liability Issues the ensue are related to privacy, accuracy, accessibility and who owns the data. Threats to our privacy in a company is covered with a policy and code in the company – guidelines as to how and what to share. It is also protected by Law – through the Privacy Act 1988.  Not only the local government, but some companies operate across the world.  There are files moving across borders that also need to be protected REFERENCES Gra...

WEEK 9 - Chapter 5

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  Business Intelligence is a category to applications, technologies and processes used by a company to gather, store, access and analyse their data to support their managerial decision making.   Most famous is Excel. Input and use of the data differs, depending on hierarchical level in the organisation.   Manager’s input and use differently than say lower level clerks – who only input data. Data warehouses and data marts are used in BI tools to analyse the data.   Vendors create programs for businesses to use.   Some of the applications are limited for smaller companies that do not have the cashflow to buy into the large programs with all the benefits. Some BI applications analyse data through Online capabilities (OLAP) – which is breaking down data into smaller pieces for greater details. Data mining is searching for the information to help support decision making, and identify trends and patterns, which can be visualised on dashboards to give a quick o...

WEEK 6 - Chapter 4

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  Three fundamental principles of a network are important – they do not operate in isolation; exchange of the data is an advantage to the user and the exchange is not limited to any geographical distance.   The network is the system that connects all the computers and devices, so that information can be shared.   It can be on a small (local area network) or large scale (Wide area Network) depending on geographical location of the company assets.   The fundamental of the network is the way the signals are transmitted in a network – either analogue(waves) or digital (Pulses) has to travel through the communication channel, which could be a cable or be broadcasted. The internet is the “network” connecting all networks.   It isn’t a single entity, connected by   electronic, wireless, and optical networking  technologies to disseminate data to users. This data is accessible by the user through different network applications such as discovery, commu...

WEEK 5 - Chapter 3

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Challenges exist in companies due to the amount of data created, and continue growing - emails, spreadsheets, forms etc. Including where they are stored and what they are used for.  Companies have to employ strategies to manage the data, for legal and logistic reasons.   Approaches:    Data Governance - formal processes in the business are designed to handle data in a certain way - such as the Master data management, master data is the core data of the business Data base approach – these are the files of yester year, management of the data created in the company, one set of software connects all the files, so there is a connection between them.  This is based on entity – relationship modelling Data base management systems are the programs used to analyse the relationship between the data Warehouses and data marts which are the queries that run to extract the information efficiently and effectively REFERENCES Gray, H. I. (2014). Managment Information ...

WEEK 4 – Chapter 2

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  Learning Objectives •         I dentify effective IT responses to different kinds of business pressures. •         Describe the strategies that organisations typically adopt to counter Porter’s five competitive forces. •         Describe the characteristics of effective business-IT alignment. Business pressures are generated by the market, technology and society, as depicted in the following diagram: Each major pressure consists of some subdivisions. Globalisation of the market includes changing workforce, and the development of more knowledgeable customers. Pressures related to technology include innovation and and or uselessness of a program.  this includes overload of information, Pressures from society could ne social (Greenpeace) , political (government regulation) or legal (ethical issues) Companies respond to the various pressures with strategies that may vary depending on ...