Essential Information Systems & Business Technology Concepts
World Wide Web
The World Wide Web is a service provided by the internet that uses universally accepted standards for storing, retrieving, formatting, and displaying information in a page format.
Enterprise Applications
Enterprise applications are systems that span functional areas, focus on executing business processes across the business firm, and include all levels of management.
Key Corporate Assets
Key corporate assets are managed through digital means. In a digital firm, any piece of information
Read MoreCost Accounting Essentials: Benefits, Challenges, and Key Concepts
Limitations of Cost Accounting
Lack of Uniformity
Cost accounting is not an exact science; therefore, there is a lack of uniformity in costing procedures and practices. Cost accountants may compute costs using different bases. It is possible that two equally competent cost accountants may obtain different results from the same information provided to them.
Costly System
The development of a cost accounting system requires technical personnel and expert accountants. Firms need to pay more to their employees.
Project Management Essentials: Success & Pitfalls
Project Management Foundations
An interdependent set of activities geared towards a specific purpose and with a set duration.
Achieving Project Success
Successfully completing a project means meeting objectives within technical specifications, cost, and time constraints.
A set of goal-oriented projects is called a program, and a set of programs forms a plan.
Key Project Dimensions
Technical Aspects
- Applying the expertise of each work area, adhering to the work methods and requirements (know-how) that each
Achieving Excellence in Service Quality and Customer Satisfaction
The Core of Service Excellence: Reliability and Quality Dimensions
Service reliability is paramount, representing the performance of accurate and dependable service – it is the heart of excellence in service. When a company provides careless service, fails to avoid possible mistakes, or neglects to fulfill promises made to attract customers, it erodes customer confidence in its capabilities and undermines its chances of gaining a reputation for service excellence. From the customer’s viewpoint,
Read MoreTechnological Strategy & Organizational Innovation
Technological Functions
Technological Surveillance Outcomes
- Technology update.
- New technological opportunities: new products, new processes, technological alliances.
Technological Surveillance Tools
- Patent analysis
- Bibliometrics/Scientometrics
- Reverse engineering
- Technological benchmarking
- Internet
- Technologist networks
- Industry/technology/trade fairs or meetings
- User workshops
- Creativity sessions
- Technology forecast sessions
The Strategy
Technological Choice
- Current technological situation analysis: formulate technological
Optical Fiber & Telecom Network Fundamentals
Optical Transmission Systems
Optical Fibers: Types, Numerical Aperture, and Structure
Optical fibers are fundamental components in transmission systems. They are categorized into two main types:
- Single-Mode (SM) Fibers:
- Offer the highest transmission rate (up to 1 Gbps/km).
- Are generally more expensive.
- Support distances up to 100 km.
- Are excited only by laser diodes.
- Support only one mode of light propagation without reflections.
- Multi-Mode (MM) Fibers:
- Are less expensive.
- Offer easier connection.
- Have a high