(C4) Measuring the Success of Strategic Initiatives


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(C13) Creating Collaborative Partnership Through E-Business

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 E-commerce is the buying and selling of goods and services over the Internet. E-commerce refers to online transactions only. E-business is the conducting of business on the Internet, not only buying and selling, but also serving customers and collaborating with business partners. E-shops is a version of a retail store where customers can shop at any hour of the day without leaving their home or office. For example, Zara, Mango, Maybelline and Adidas. E-malls consists of a number of e-shops, it serves as a gateway. For example, Lazada, Trivago and Fashion Valet. An online auction is a place where buyers and sellers come together to auction items and prices are determined dynamically.
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(C10) Extending the Organization - Supply Chain Management

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What is Supply Chain Management (SCM)? Supply chain management (SCM) is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. Supply chain activities cover everything from product development, sourcing, production, and logistics, as well as the information systems needed to coordinate these activities. The concept of Supply Chain Management (SCM) is based on two core ideas:  The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain. The second idea is that while supply chains have existed for a long time, most organizations have only paid attention to what was happening within their “four walls.” Few businesses understood, much
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(C5) Organizational Structures That Support Strategic Initiatives

IT Roles and Responsibilities Chief Information Officer (CIO) - oversees all uses of IT - responsible for ensures the strategic alignment of IT with business goals and objective Chief Technology Officer (CTO) - responsible for ensuring the throughput, speed, accuracy, availability and reliability of IT Chief Security Officer (CSO) - responsible for ensuring the security of IT systems Chief Privacy Officer (CPO) - responsible for ensuring the ethical and legal use of information Chief Knowledge Officer (CKO) - responsible for collecting, maintaining, and distributing the organization’s knowledge Ethics -the principles and standards that guide our behaviour towards other people Issues affected by technology advances : - Intellectual property Intangible creative work that is embodied in physical form - Copyright Legal protection afforded an expression of an idea, such as song, video game and some types of proprietary document - F
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