Solution to IT 430 (E.Commerce)

Answer:

Yes, I agree with the statement” In strategy assessment phase, you can learn from your mistakes and do your future planning”. In case your EC project has been a failure, you can identity the problems and try to remove them. Some of the corrective measures can be to property train your web team, establish or review your security or privacy policy, review or reassess your web design content, reconsider your marketing plan etc. For the strategy assessment, you can conduct surveys, collect information and receive feedback from different groups of people so that you have solid input from people coming from a variety of background. Sometimes, you have to entirety give up a particular strategy you followed and formulate a new strategy or set of strategies in light of the company’s main objective or its mission.
Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ) and PEST analysis(Political, Economic, Social, and Technological analysis) or STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors) and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal)
Strategic planning is the formal consideration of an organization's future course. All strategic planning deals with at least one of three key questions:
"What do we do?"
"For whom do we do it?"
"How do we excel?"
In business strategic planning, the third question is better phrased "How can we beat or avoid competition?".
In many organizations, this is viewed as a process for determining where an organization is going over the next year or more -typically 3 to 5 years, although some extend their vision to 20 years
In order to determine where it is going, the organization needs to know exactly where it stands, then determine where it wants to go and how it will get there. The resulting document is called the "strategic plan".It is also true that strategic planning may be a tool for effectively plotting the direction of a company; however, strategic planning itself cannot foretell exactly how the market will evolve and what issues will surface in the coming days in order to plan your organizational strategy. Therefore, strategic innovation and tinkering with the 'strategic plan' have to be a cornerstone strategy for an organization to survive the turbulent business climate. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program.
There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's environment, size of the organization, expertise of planners, etc. For example, there are a variety of strategic planning models, including goals-based, issues-based, organic, scenario (some would assert that scenario planning is more a technique than model), etc. Goals-based planning is probably the most common and starts with focus on the organization's mission (and vision and/or values), goals to work toward the mission, strategies to achieve the goals, and action planning (who will do what and by when). Issues-based strategic planning often starts by examining issues facing the organization, strategies to address those issues, and action plans. Organic strategic planning might start by articulating the organization's vision and values and then action plans to achieve the vision while adhering to those values. Some planners prefer a particular approach to planning, eg, appreciative inquiry. Some plans are scoped to one year, many to three years, and some to five to ten years into the future. Some plans include only top-level information and no action plans. Some plans are five to eight pages long, while others can be considerably longer.

Solution to STA 630 (Research Meathods)

Question No. Correct Option

1 D
2 A
3 A
4 D
5 C
6 B
7 D
8 B
9 D
10 A
11 A
12 C
13 A
14 A
15 C
16 D
17 C
18 C
19 C
20 B

Solution to MGT 201 (F.M)

1 C
2 C
3 C
4 B
5 B
6 B
7 B
8 B
9 C
10 A
11 D
12 D
13 C
14 B
15 C
16 D
17 B
18 D
19 D
20 C

Solution to CS 507

System DesignIntroductionSystem Design maybe defined as “A problem solving technique that re-assembles asystem’s components back into a complete system. This may involve adding,changing deleting pieces relative to the original system” or alternatively as “theprocess or art of defining the hardware and software architecture, components,modules, interfaces, and data for a computer system to satisfy specifiedrequirements.”ComponentsThe major components of system design are:• Designing usable and complete input• Designing well defined and usable output with flexibility to redefine presentation ofoutputs in any form.• Designing file or database• Designing user interface (input screen as it would be seen by the user)Designing file or databaseThis serves following purposes:• Data accessibility is ensured to the user is ensured as and when required.• Data consistency – data updates in master file will automatically update the datain the whole system.• Data is efficiently processed & stored.• Data integrity that is Correctness of data is ensured. This does not mean thatincorrectamounts entered into the computer will be automatically corrected by because thecomputer only records what is entered but if there is an error in entering pre-definedparameters these would be corrected or thrown up as an error. Further, the dataprocessed according to the pre-defined procedures every time around without anychange unless an error has been caused to the program handling the data.Designing user interfaceThe design of what the user sees on the screen, that is, the interface, while enteringdata should be such that the user is familiar with. The information should be enteredin a logical sequence e.g., if a user wants to add an employee to the employee’smaster file, the information may be entered in the following sequence:• Employee ID, which can either be• Generated automatically by the system, or• Entered manually by the user• Name• Address• Contact information• Next of kin• Grade• Designation• Salary Details

Solution to MGT 411

Answers:
1 C
2 B
3 A
4 A
5 A
6 B
7 A
8 B
9 B
10 B
11 C
12 C
13 C
14 B
15 A
16 B
17 B
18 A
19 A
20 B

Solution to Business Communication

Question No.1 Write a detailed note on internal and external forms of communication in an organization.Ans: Communication :The word communication the act of or process of giving or exchanging of information, signals, or message as by talk, gesture or writing, technically speaking, in the act communication we make information, opinions, feelings and many more known are understood by others through speech, writing or body movement.Forms of communication:Following are the forms of internal and external communicationA) Internal communicationb) External communication A) Internal communicationThe communication that flows within an organization is called Internal CommunicationI) Downward communicationDownward communication flows from superiors to subordinates like a manager to employees and is used to inform, direct, coordinate, and evaluate employees. Trough these approach employees are not able to communicate their problems.II) Upward communicationUpward communication flows from employees to managers. Upward communication can be used in order to keep managers aware of how employees feel about their jobs, their coworkers, and the organization in general. The organizational culture influences the extent ofUpward communication. A climate of trust, respect, and participative decision-making will encourage considerable upward communication. A highly mechanistic and authoritarian environment will severely limit upward communication in both style and content. Trough these approach employees are motivated and the Organization achieve its goals.Horizontal communicationHorizontal communication is lateral or diagonal message exchange either within work-unit boundaries, involving peers who report to the same supervisor, or across work-unit boundaries, involving individuals who report to different supervisors. It is Take the form of meetings, reports, memos, telephone conversations, and face-to-face discussions. Horizontal communication usually relates to:Task coordination Problem solving Information sharing Conflict resolution Peer support Informal Internal communication Informal Internal communication network has every organization that is supplementary channel. It is an important source of informationDiagonal communication Diagonal communication is communication that cuts across both work areas and organizational levels. a. The increased use of e-mail facilitates diagonal communications. b. Diagonal communication has the potential to create problems if employees don’t keep theirLateral communicationLateral communication takes place among employees on the same organizational level. Ways of internal communicationAmong various ways of communicating within organization are meetings, reports, memos, telephone conversations, and face-to-face discussions. External communicationCommunication that takes place outside the organization is called external communication. The right letter, telephone call, personal conversation and proposal. The organization can bring back and customer and create good reputation in the mind of the customers. Informal External communication:Informal External communication used to learn the customers needs. High-level manager recognize to keep in touch the real world by creating opportunities to talk with customer and get feedback from the customers and the frontline companies.Ways of external communicationExternal communication can be done through the following ways. These are Letters, annual reports, pamphlets and interviews with the news media.Effective communication can help to create good reputation and a positive impact on the success of the individual as well as organization.Question No.2You have studied communication process, barriers of communication in your course; analyze with examples complete process of communicationAnswer:The process of communication have following main componentsa)Context b)Sender / Encoder c)Message d)Medium/Channel:following are the channels of oral and written communicationOral Communication Inside the organization.Outside the Organization Written communication Inside the Organization Outside the Organization e)Receiver / Decoder f)Feedback ANALYSIS: -Communication process is the name of six components working togethernamely context, sender/encoder, message, channel/medium, decoder/receiver and thefeedback. That is explaining in details. I will take ABC a medicine manufacturing company as an example for analysis of its communication process.

Solution to HRM 628

Selected Options:

1 C
2 A
3 A
4 D
5 B
6 B
7 B
8 D
9 A
10 C