Strategic planning is a Series of processes in which an organization (including government agencies, health care, education, military, and nonprofits) selects and arranges its businesses or services to keep the organization strong and able to handle unexpected events. Strategic planning involves environmental scanning and prediction (of long term goals, competitors and even how to achieve a competitive advantage), or SWOT analysis.
SWOT analysis is an assumption, based on the scanning and review of the political, social, economic, and technical environment of the organization. SWOT analysis basically scans an environment (its location, potential customers, etc) and predicts how the organization will be affected based on its outside forces. When performing a SWOT …show more content…
Paying close attention to its profit margin, competitors, and even politics.
They impact ma these processes are related because they are all needed in order to run a successful organization managements use of IT resources’ because it sets a standard, or a platform to use the IT resources. (Information Technology for management, CH 1).
4. Describe the functions of database technology, the differences between centralized and
Distributed database architecture, how data quality impacts performance, and the role of
A master reference file in creating accurate and consistent data across the enterprise.
In Chapter three, Turban discusses four types of database technologies:
1. Databases -store data gathered from business applications, transaction processing systems, and sensors.
2. Data warehouses- collects data from multiple databases and data silos; then organizes them for complex analysis, to gain more knowledge, and to use in their decision process.
3. Data marts-a small-smaller versions of data
SWOT analysis is an assumption, based on the scanning and review of the political, social, economic, and technical environment of the organization. SWOT analysis basically scans an environment (its location, potential customers, etc) and predicts how the organization will be affected based on its outside forces. When performing a SWOT …show more content…
Paying close attention to its profit margin, competitors, and even politics.
They impact ma these processes are related because they are all needed in order to run a successful organization managements use of IT resources’ because it sets a standard, or a platform to use the IT resources. (Information Technology for management, CH 1).
4. Describe the functions of database technology, the differences between centralized and
Distributed database architecture, how data quality impacts performance, and the role of
A master reference file in creating accurate and consistent data across the enterprise.
In Chapter three, Turban discusses four types of database technologies:
1. Databases -store data gathered from business applications, transaction processing systems, and sensors.
2. Data warehouses- collects data from multiple databases and data silos; then organizes them for complex analysis, to gain more knowledge, and to use in their decision process.
3. Data marts-a small-smaller versions of data