Business concepts

Of these, the academic environment seems to concentrate on the first two, technical and business. To be sure, for students in technical curricula, exposure to business concepts and training often is minimal. The other two areas, quality tools and people skills, are seldom formally addressed. 

One is that there may be significant replication of information between the components in a distributed system, for both performance and reliability reasons. A component generally works with others (including people) to support a particular business-level action (or use case), an object generally represents a business concept. These two process-biased and object-biased views give rise to separate tiers in many designs. 

Components with different views and representations of a business concept can be related to the common business model with retrievals (see Sections 1.8.3 and 1.8.5). 

The point of this pattern is to separate business components from others. Wrap legacy systems behind a layer of objects representing the business concepts. Transition from custom infrastructure solutions to standardized middleware, enabling integration and extension of disparate systems in a way that is shielded from technology changes. 

The concept of Chemical Leasing is based on the preventive idea of Cleaner Production and represents an important aspect of UNIDO s SIRM approach. It is a shift from the traditional business concept that focuses on a... 

The place to start with any new business idea is to conduct a preliminary evaluation. This is called exploring the business concept. The purpose of this preliminary exploration is to determine if the idea merits the development of a complete business plan. As with other planning processes, business planning is a not a trivial undertaking. For this reason, it is advisable to be sure that the concept is one that is reasonable prior to investing time and energy into developing the business plan. 

Having conducted the preliminary exploration of the business concept, it is probably prudent to seek the advice of others before moving forward with the complete business planning process. Here, Ted may consider discussing the idea with key stakeholders in the organization, including the individual or individuals who will make the ultimate decision to more forward with the concept. For example, Ted should broach... 

As with other types of planning, the initial step of business planning is to define the business or service proposed. After exploring the business concept (see above), Ted likely already will have developed a clear idea of the business proposal. To formalize a definition of the business, he should develop a specific statement of the purpose of the program. This statement is also called a mission statement and was discussed in Chapter 3. The mission will crystallize the aims of the program and help to steer the direction taken in other steps of the planning process. 

Conduct a literature search to identify articles that maybe pertinent to the business proposal described in the scenario. How many articles did you find, and how useful are they to understanding the business concept ... 

Engineering/Business concepts. Although engineering considerations dominate the lower levels of the Process Operations Hierarchy, business concepts emerge at the higher levels. Therefore, a variety of... 

The term supply chain is not new. ft is fundamental to military strategy. ft was the difference between winning and losing in the Napoleonic wars and the Battle of the Bulge in World War ff. The application of supply chain practices as a fundamental business process is newer. First coined in 1982 to be used as an overarching business concept, it is now 30 years old. Over the last three decades, it has morphed in definition. ... 

If Dell s new business concept is analyzed with respect to its supply chain processes, it provides some practical evidence for the framework outlined above ... 

In the design phase, the firm defines its business concepts and any constraints that could interfere with execution. From the segmentation analysis, the highest category-targeted customers become candidates for... 

Another popular business concept today is reengineering (see, for example. Hammer and Champy 1993). The business management process is a major element of this philosophy. A major difference between reengineering and the quahty philosophies is scale. Continuous improvement achieves change incrementally reengineering achieves change in large, comprehensive process modifications. 

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