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Strategic alignment of IT resources – A case study in Grocery industry (Part 1)

Strategic Alignment of IT Resources Grocery Industry Kathleen Chan, Deepesh Joseph, Raymond Jones, Paul Walleck   Introduction  To investigate how and why grocery companies are aligning their information and communication resources (ICT?s) (hardware, software, networks, databases, service offerings, processes, and portal layers) around a focal strategy.  Grocery Industry Introduction • NAICS 445110: Supermarkets and Other Grocery…

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Is there a more effective strategy for helping developing countries increase the computer and information literacy of their children?

Intel’s Maloney’s words – “It’s about the Web more than anything. I have young kids …….. doesn’t have access to the Web is overwhelming” – is very striking. OLPC efforts might be an answer to this concern. Strategy and plan alone doesn’t work when we are talking about reforming developing nations, cost effective infrastructure is…

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“Cognitive Dissonance” and how to ease it

Cognitive dissonance is an insecure feeling, or lingering doubts, consumers sometimes have after making large purchases. One way to reduce Cognitive dissonance (CD) is to introduce full money back guarantee on dissatisfaction within a stated time period, say 2-3 weeks after purchase. Another way to reduce CD is by allowing product evaluations where the user…

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Accounting Vs Financial Management

Accounting can be considered as an information system that provides various tools to summarize financial performance or economic activities of an individual, family, organization or any other entity. The reports generated from an accounting system, aids the interested individuals, management, owners and creditors to make intelligent decisions in allocating resources. Financial management is the discipline…

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Spend Money or Lose It

Viscione’s article (as in Refernce section) pictures out how important is designing and implementing a continuously improving budget process, for any business firm to survive. He warns all business firms either small or big to build its budgeting system right from the beginning of first year of its inception. He suggests many helpful hints that…