From the brutally competitive economy of the opening years of the 21st century, two areas of corporate emphasis have emerged. The first is a fundamentally new character of business innovation.The second is a powerfully new focus on the carryover business issues from the expansive economy of the 1990s and the early 21st century. One example [...]
management
Objectives of Financial Reporting
Financial reporting refers to external financial reporting by business enterprises. Financial reporting includes financial statements & other means of communicating information that relates to the information provided by the accounting system, information about an enterprise’s resources, obligations, earnings etc. Management personnel may be required to communicate information to those outside the enterprise by means of [...]
Ethics for IT Professionals
The following is the Code of Ethics for IT professionals formulated by the Computer Society of India (CSI): 1. As regards his ORGANIZATION an IT professional should : Act with integrity in carrying out the lawful policy and instructions of his organization and uphold its image and reputation Plan, establish and review objectives and tasks [...]
Ethics
Ethics is built on values, which are common to the organization and its employees with regard to what is right, fair and good. Everyone must understand and appreciate this concept. The harmony between organizational and employee ethics is the building block for employee commitment to organizational goals. You must know the sense of rightness, fairness [...]
ROLES IN AN ORGANIZATION
There are several roles available in the IT industry , as illustrated However , in real-life situations, one may not often get a clear-cut role or clearly defined activities for that role. Roles often have a focus and supplementary or additional objectives. For example, a marketing executive may focus on sales, but may also have [...]
UNDERSTANDING ORGANIZATIONS
One of the first things that you must do on joining a new organization is to learn about the various aspects of the organization. In fact, it is advisable to find out details about an organization before you join, or even before you attend the interview. Understanding an organization would give you an idea of [...]
Availability Management
Understanding availability management is an essential requirement for IS/IT in almost all companies today. Availability management practice involves the following efforts: Problem detection This need requires IT to be constantly monitoring systems for advance warnings of system failure. You use whatever tools you can obtain to monitor systems and focus on all the possible points [...]