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Day 1 Activity 1 : What type of business will i start  

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Day 1 Activity 1 : What type of business will i start  

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1.Write a narrative in the space given below on the type of business you want to start.
Ans : i will opt for Partnership

2.Explain your choice clearly.
the business i want to venture in is not exactly my field I specialize in which is logistics and me as a developer partnering with someone whos in Logistics field will be good for me since we will

3.Use any other source from the internet to do research

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Every great business starts with a good business idea

Planning your business idea is essential. This requires:

Knowledge

Connecting the dots

Testing the idea

Good timing

WordPress is an online, open source website creation tool

WordPress can be used to create and host a website

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Day 2 Activity 1 : Brainstorming Business Fundamentals

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Day 2 Activity 1 : Brainstorming Business Fundamentals

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Q-Company objectives.
Ans:
*Focus on overall strategy
* Focus on goal
*Focus on the time frame and skill sets available
*Performance appraisal

Q-determine whether these are smart.
Ans:
*Their objectives are smart because they are specific, measurable, attainable, Realistic and Timely.

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Day 2 Activity 2 Research on a business that has had a change of objectives.

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Day 2 Activity 2 Research on a business that has had a change of objectives.

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1.What brought about the change in objectives new management or new shareholders.
Ans : New management- because they started investing in charities through their foundation.

2.When the changes were brought up how did the company compare in terms of financial performance than before the changes
Ans :The company's finances changed because they were on the top list of the most performing company in the country at the stock market (JSE)

3.Were the new objectives SMART? Even smarter than the previous ones?
Ans Yes, that was seen through their finances, and HQ even increased their annual budget and salaries of the employees were increased by a certain percentage.

4.How did the employees of the company feel? How were the employees affected by these changes?
Ans: The employees of the company were, because they had incentives and salary increments as well, which made a huge impact in their lives.

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Business Environment is external factors affecting the growth or failing of the company

1. The business environment is static in nature.
Ans: Static nature is not a feature of business environment.

2.The business environment includes factors external as well as internal to a business firm.
Ans : Connotes external forces, factors and institutions that are beyond the control of the business

3. The changes in the business environment are quite predictable.
Ans :The changes in the business environment are unpredictable. It is very difficult to predict the exact nature of future happenings and the changes in the economic and social environment.

4.The business environment helps the firm to identify the opportunities for the business.
Ans: Business environment helps to identify the individual strengths and weaknesses in view of the technological and global developments.

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Day 3 Activity 2 : Non economic environment 

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Day 3 Activity 2 : Non economic environment 

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11. Economic Policies: All business activities and operations are directly influenced by the economic policies framed by the government from time to time.

Exim policy means Export-Import Policy

2.

2.1 Demand for new clothes increases during festive session. Social Environment
2.2 A computer has an outdated typewriter. Technological Environment
2.3 Coca-Cola is now being freely sold in the South African market. legal environment
2.4 Sugar factories are being set up where sugarcane is grown abundantly. Natural environment
2.5 Availability of skilled labor in a particular region. Demographic Environment

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1. Economic environment; -  The economic environment includes economic conditions, economic policies and economic systems of the country.

2. Non-economic environment; - comprises social, political, legal, technological, demographic and the natural environments.

Economic Policies: All business activities and operations are directly influenced by the economic policies framed by the government from time to time. which include exim policies which is export Policies

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Day 4 Activity 1 - Brainstorming More Business Fundamentals

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Day 4 Activity 1 - Brainstorming More Business Fundamentals

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• What are the PURPOSES of computer applications in business?
Ans: information systems will help obtain and sustain competitive advantages.

• What are the FUNCTIONS of computer applications in business?
Ans: Its function is to relay information in the business, e.g use raw data to produce meaning full information

• What is the EFFECT of IT on business systems?
Ans: have paramount position in helping businesses/organizations to obtain and sustain competitive advantages.
business strategy, and organizational strategy to achieve maximum competitive advantages.

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1. Based on the reading you have done on systems and information systems, comment on the following questions:
 Outline the major roles IT plays in business?
To improve the effectiveness and efficiency.
 How would you use business apps in your business?
To get my business more exposed out there also apps can work as an aid for me to capture data/information from my clients and customers
2. Then, working on your own business idea, answer the following additional questions:
 What kind of applications could help your business grow? Social media Applications
 What do you think are the benefits of having strong information technology system for a business?
This will makes things easy and also there wont a need to have too much stuff members since most of the job is aided by the applications

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Information systems, if successfully implanted, have paramount position in helping businesses/organizations to obtain and sustain competitive advantages.

Taking technologies out of their context is meaningless and sometime dangerous.

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Grant Proposal Week 1 Intimidiate to HTML and CSS