Jearence Meets the World of Business

Chapter 12: Management Information System Management Information System (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service or a business-wide strategy. Management Information Systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making. 

Sales analysis- company sales requires that the data be disaggregated by product line. Sales of each product must be studied by comparing them to industry sales. The analysis involves four steps. First, the past sales pattern reveals growth rate and degree of instability. Second, company sales are compared with industry. Third, the impact of economic trends and cycles is incorporated. Finally, corporate strategies indicate if past patterns will remain or change

CHAPTER 11

• Local Area NetworkWorkstation, such as a Unix workstation, RISC workstation or engineering workstation, is a high-end microcomputer designed for technical or scientific applications. Workstations are intended primarily to be used by one person at a time, although they are commonly connected to a local area network and run multi user operating system.
• Bus -A network structure in the form of a multipoint electrical circuit. The original 802.3 local area networks (LANs), commonly referred to as Ethernets, employed thick coaxial cable specified in 10Base5.The network was in the form of a physical bus topology, as illustrated in Figure B-5. All devices connected to the cable, and communicated over a single, shared channel on a shared electrical circuit
• Physical Layer- is the first level in the seven-layer OSI model of computer networking. It translates communications requests from the Data Link Layer into hardware-specific operations to affect transmission or reception of electronic signals. It is a fundamental layer upon which all higher level functions in a network are based. However, due to the plethora of available hardware technologies with widely varying characteristics, this is perhaps the most complex layer in the OSI architecture. The implementation of this layer is often termed PHY.
• Data Link Layer- is Layer 2 of the seven-layer OSI model. It responds to service requests from the Network Layer and issues service requests to the Physical Layer. It is the protocol layer which transfers data between adjacent network nodes in a wide area network or between nodes on the same local area network segment.
• Network Layer- is Layer 3 (of seven) in the OSI Model of networking. The Network Layer responds to service requests from the Transport Layer and issues service requests to the Data Link Layer. It provides the functional and procedural means of transferring variable length data sequences from a source to a destination via one or more networks while maintaining the quality of service, and error control functions.
  
• Transport Layer- is a group of methods and protocols within a layered architecture of network components, within which it is responsible for encapsulating application data blocks into datagram (packets) suitable for transfer to the network infrastructure for transmission to the destination host, or managing the reverse transaction by abstracting network datagram and delivering them to an application. Such protocols are also referred to as “transport protocols.
• Session Layer is level five of the seven levels OSI Model. It responds to service requests from the Presentation Layer and issues service requests to the Transport layer. It provides the mechanism for opening, closing and managing a session between end-user application processes, i.e. a semi-permanent dialogue. Communication sessions consist of requests and responses that occur between applications. Session Layers are commonly used in application environments that make use of remote procedure calls (RPCs).
• Presentation Layer- is the sixth level of the seven layers OSI Model. It responds to service requests from the Application Layer and issues service requests to the Session Layer. It is responsible for the delivery and formatting of information to the application layer for further processing or display. It relieves the application layer of concern regarding syntactical differences in data representation within the end-user system
• Application Layer- is the seventh level of the seven-layer OSI Model, and the top layer of the TCP/IP model. It interfaces directly to and performs common application services for the application processes; it also issues requests to the Presentation Layer (OSI).

NETWORK PLANNING

• Network planning-is an iterative process, encompassing topological design, network synthesis, and network realization, and is aimed at ensuring that a new network or service meets the needs of the subscriber and operator.^[1] The process can be tailored according to each new network or service.^[2]This is an extremely important process which must be performed before the establishment of a new telecommunications network or service.

• Capacity planning- is the process of determining the production capacity needed by an organization to meet changing demands for its products.^[1] In the context of capacity planning, “capacity” is the maximum amount of work that an organization is capable of completing in a given period of time.

•  Staffing Plan- defines the required human resources needed to deliver the desired project deliverables. It involves the selection and assignment of a Project Team. The Staffing Plan must provide the appropriate skill sets to manage the project and to perform the tasks that produce the specified project deliverables. It also needs to provide for any additional non-labor resources such as tools, equipment, or processes used by the project team.

• Performance Monitoring- includes analyzing response times for a given level of traffic to anticipate the effect of potential changes in network performances.
  

Business is everyone’s opportunity and could be establish anytime, anywhere you want. There is no requirement about the degree of an individual who will try to engage in business rather he/she must have enough capital. And even other famous actresses or actors establish their own business because they want to ensure that even if they are not in a world of showbiz they have another career.

There are also ordinary people who have succeed in terms of business that inspire others or encourage them to engage in business. We, Filipinos are also one of the business minded thats why it contributes a good outcome to our economy. We also have the means to compete to other countries and we because of our ability we could make our own products.

Through the use of the modern technology, the internet, businessmen could easily confront his client and provide his service to the consumer in an easily way. For this reason, much business use of the Internet is not only for making money rather it is to find information, improve communications and provide information-most of the same reasons that individuals use the internet.

Business leaders increasing investments. Not only are the business leaders John Gokongwei Jr., with his expanding Cebu Pacific Air and Robinsons Land; Henry Sy with his SM malls, tourism and banks; Lucio Tan with his factories and new Eton realty ventures; the Zobel Ayalas with their Ayala Land and BPI; and Manny Villar of housing developer Vista Land increasing their long-term investments, other, younger entrepreneurs are also investing in large-scale and more long-term ventures.

Business leaders expect real growth to continue in the economy, with a boom in consumer spending from a population already pushing past 90 million people and nearly 10 percent pumping in foreign exchange as overseas Filipino workers (OFWs).

One example is TKC Steel, a quiet new back-door listing on the Philippine Stock Exchange controlled by media-shy, low-key industrialist and former iBank founder Ben Tiu. TKC has already attained its 2007 targets and is upgrading facilities with expectations of higher profits. Tiu declined to give an interview, but confirmed that their projects will bring good news to the Philippine economy, which now also needs more manufacturing.

Named after his late father, the industrialist Tiu Ka Cho, TKC Steel now owns the massive 50-hectare Zhangzhou Stronghold Steelworks Limited in Zhangzhou City, just 15 minutes away from Xiamen City in Fujian province, south China. It manufactures giant steel pipes for export and for the booming infrastructure requirements of China. What is most significant, Ben Tiu said that TKC Steel owns Philippine steel mills that will soon be modernized to become the first-ever integrated steel mill in the Philippines, with estimated investments of P8 billion, to be located either on their existing vast properties in Cagayan de Oro City or Iligan City.

As an expression of unshakable confidence in Asia’s future at a time when the US economy seems to be faltering, the Tiu family has recently launched their Sterling Bank of Asia and will invest in more high-end tourism ventures such as the tearing down of the old Gilarmi Apartments along Makati’s Ayala Avenue to give way to their 62-story Discovery Premium project.

Once ASEAN’s economic laggard due mainly to selfish political conflicts, the Philippines seems to have no way to go now but up in economic expansion and steady development. With no more life-and-death political pressures for survival, President Arroyo hopefully will vigorously set the national direction of focusing all our energies and resources on enhancing Philippine global competitiveness, inviting more foreign investors to put their money here (beyond fast-buck stock market speculation), and really strengthen economic reforms!

Nowadays, almost businessmen use Internet as a medium of communication through their clients. Through these tools the transactions between consumers and producers would be easily and fast. But some of them don’t know how to use it that’s why they used the very slowly traditions of sending letters.Because of this reasons the two partners are became idle and getting bored in changing their products. Actually it could give more advantages on part of everyone.We are living on a modern technology thats why we need to go with the flow in order for us to be globally competitive.

Example of this is the E-commerce, which takes place between an individual and online business. Managing customer information is a crucial part of an e-commerce operation. More sophisticated packages maintain a great deal of customer data, including where people go in the site, and make this information available in the form of analytical reports. A nice feature to look for in an e-commerce package is the ability to use the customer’s information to customize the page contents to their tastes.

We can build you an online store or e-commerce website that will be customized to suit your specific needs and requirements. We put together a complete e-commerce solution with a custom design and back end online store. An e-commerce website & online store is the perfect solution for your business if you want to sell goods and services online. We can input date into your e-commerce website and ensure that it is optimized for the search engines, meaning more exposure and more sales.