Marks and Spencer is one of the leading retail organizations in UK which sell stylish, quality and great value clothing and home products , also quality food. They are one of the most popular brand among people not only in UK but globally. They have more than 600 stores in UK and constantly increasing many more around the world. It was founded when in 1884, Michael Marks opened a stall at Leeds Kirkgate Market. In 1901, its first registered store was located at Derby street, Manchester. By 1924 they started expanding and the head office moved from Manchester to London. Implementation of new policies and maintenance of services and value kept on adding to the success of Marks and Spencer. In 1998, it became the first retailer to earn a profit of £1 billion. The organisation commonly called as M&S has always followed the principles of Quality, Value, Service, Innovation Continue reading
Business Information Systems
Different Types of Information Systems Used in Different Levels of Management
Information system means by which people and organizations utilize technologies, collect, store use and distribute information. Good information system is used to provide important information for decision making. The information technology may be used for the processing, storing or distribution of data. These technologies collectively include information technology and data. It is an organized combination of people, hardware, software, communications networks, and data resources that stores and retrieves, transform and disseminate information in an organization. Very main functions of information systems is systems analysis and design, that is to say, analyzing a customer’s business condition (or trouble), with deference towards information processing, and designing and implementing an suitable–generally computerized–solution to the difficulty. Information systems professionals who focus in this part are known as systems analysts. The procedure begins with a complete determination of the client’s information needs and business processes. The result normally involves various programming, in addition to the Continue reading
What is Enterprise Architecture (EA)?
The Evolution of Enterprise Architecture (EA) Enterprise Architecture evolution began as an idea in 1980 and was embodied in John Zachman’s early EA framework. Thus, informing the reference to John Zachman, as the father of EA. The evolution of Enterprise architecture was to address the increasing complexity of IT systems and difficulty of delivering business value using those systems. Enterprise architecture is characterized by a framework that supports the alignment of business and IT strategy. It was first defined in 1992 by Zachman and Sowa, resulting in its reference as the Zachman framework. It was then referred to as Information System Architecture but later changed in reference, to enterprise architecture in 1996 when Clinger-Cohen Act of the U.S. government directed all federal agencies to implement a holistic approach to incorporate IT to their business goals. Interest in adopting Enterprise architecture has increased as a result, as both government and private Continue reading
Case Study: Hospital Management System (HMS)
XO Hospital Management System XO Infotech Ltd. has developed a core package — Hospital Management System that addresses all major functional areas of Hospital. The development environment ensures that XO HMS has the portability and connectivity to run on virtually all standard hardware platforms, with stringent data security and easy recovery in case of a system failure. XO HMS provides the benefits of streamlined operations, enhanced administration and control, improved response to patient care, cost control, and increased profitability. Some of the Subsystem Modules in XO HMS: Reception: The reception module handles various enquiries about the patient’s admission and discharge details, bed census, and the patient’s movements within the hospital. The system can also handle fixed-cost package deals for patients as well as Doctor Consultation and Scheduling, Doctor Consultancy Fees and Time Allocation. OPD, IPD Registration and Admission: This module helps in registering information about patients and handling both IPD Continue reading
Different Information Systems in Business
Information systems refer to the way in which information is gathered, customized, analyzed, shared and reported. Each information systems are invented to support these requirements of business to enable managers to take sound decisions to achieve business objectives and goals. They often overlaps each other with respect to functions they provide like gathering, comparing, analyzing, integrating different software applications and reporting. Each kind of information system supports this by varying degree of effectiveness. They all require costs, time, training to use hardware/software and changes to be adopted, to implement the system. 1. Executive Information Systems (EIS) Executive information system supports the top level management in taking strategic business decisions by providing information to executives. Executives can directly extract information from database of the EIS without any need to being reported. It gathers both internal and external information to support executives in achieving strategic objectives and goals. The features of Continue reading
Sentiment Analysis (Opinion Mining) – An Overview
With the proliferation of opinionated content on the web, this particular application of natural language processing – Sentiment Analysis (Opinion Mining) is used to determine the sentiment of the given speech or text is gaining more popularity. In layman’s term sentiment analysis aims at identifying and classifying spoken words or written text as positive, negative or neutral. What is Sentiment Analysis? In the field of Natural language processing, sentiment analysis also known as opinion mining is task of classifying a given text as positive, negative or neutral based on the opinion or subjectivity of the text. Sentiment analysis can be considered a sub filed of text classification which involves classifying a text in to predefined categories. Sentiment analysis can be used to evaluate the attitude of the people about a topic, comments of Facebook posts, tweets, product review, political agenda, review sites, etc. Once important characteristics of sentiments and opinions Continue reading