Tuesday, March 17, 2020
Free Essays on International Marketing
Chupa Chups Vending: ââ¬Å"Choose Your Own Flavorâ⬠For the past 5 years Andrew Lewis had been employed by the confectionary company Chupa Chups S.A., based in their Barcelona headquarters as area manager responsible for commercial and marketing activity in European markets. After 6 years of marketing experience with multinational consumer goods companies Andrew Lewis left Chupa Chups due to internal reorganization. Andrew still had many good friends at the company and had been asked to stay on as a marketing director for a subsidiary but declined for personal reasons. Directly after leaving Chupa Chups Andrew was asked to join a large Catalan alcoholic beverage company. The firm is a leader in their industry and has significant international sales. The job was based in Barcelona (now his primary/only residence) and would focus on international marketing. Three weeks before he was offered the job with the beverage company, Andrew entered discussions with a small Spanish manufacturing company named Discapa. Discapa manufactures vending equipment, and had just recently introduced a new lollipop vending machine, which was marketed in collaboration with Chupa Chups. Discapa wanted Andrew to be a freelance agent heading commercialization of the lollipop machine. Chupa Chups S.A. is a Spanish confectionery company founded in 1958 by Enric Bernat. Bernat researched the fact that 2/3 of all candy was consumed by children under the age of 16. Those children were getting messy and their parents were having a difficult time giving them candy. Bernat created a universal treat comparable to, ââ¬Å"eating a sweet with a fork.â⬠Bernat expanded his organization internationally throughout the 1970ââ¬â¢s with great success. By 2001 Bernat had taken Chupa Chups to some 125 countries! Two partners in Calaf, a small town outside of Barcelona, founded Discapa in 1992. The company was established to manufacture and sell vending machines. The... Free Essays on International Marketing Free Essays on International Marketing Chupa Chups Vending: ââ¬Å"Choose Your Own Flavorâ⬠For the past 5 years Andrew Lewis had been employed by the confectionary company Chupa Chups S.A., based in their Barcelona headquarters as area manager responsible for commercial and marketing activity in European markets. After 6 years of marketing experience with multinational consumer goods companies Andrew Lewis left Chupa Chups due to internal reorganization. Andrew still had many good friends at the company and had been asked to stay on as a marketing director for a subsidiary but declined for personal reasons. Directly after leaving Chupa Chups Andrew was asked to join a large Catalan alcoholic beverage company. The firm is a leader in their industry and has significant international sales. The job was based in Barcelona (now his primary/only residence) and would focus on international marketing. Three weeks before he was offered the job with the beverage company, Andrew entered discussions with a small Spanish manufacturing company named Discapa. Discapa manufactures vending equipment, and had just recently introduced a new lollipop vending machine, which was marketed in collaboration with Chupa Chups. Discapa wanted Andrew to be a freelance agent heading commercialization of the lollipop machine. Chupa Chups S.A. is a Spanish confectionery company founded in 1958 by Enric Bernat. Bernat researched the fact that 2/3 of all candy was consumed by children under the age of 16. Those children were getting messy and their parents were having a difficult time giving them candy. Bernat created a universal treat comparable to, ââ¬Å"eating a sweet with a fork.â⬠Bernat expanded his organization internationally throughout the 1970ââ¬â¢s with great success. By 2001 Bernat had taken Chupa Chups to some 125 countries! Two partners in Calaf, a small town outside of Barcelona, founded Discapa in 1992. The company was established to manufacture and sell vending machines. The...
Sunday, March 1, 2020
The top 5 retail jobs for 2018
The top 5 retail jobs for 2018 If youââ¬â¢re thinking about working in retail, it can be a great choice with lots of different ways to achieve your goals. Retail is one of the most versatile industries, with a constant, churning demand to meet ever-growing sales and customer needs. Itââ¬â¢s also an industry where you can start laying out a career path that takes you up through the management level, or get that ââ¬Å"right nowâ⬠job while you figure out what your longer-term career plans are. Itââ¬â¢s also a field thatââ¬â¢s growing and diversifying quickly due to changes in technology and e-commerce, making it a broader field than ever before. Letââ¬â¢s look at some of the fastest-growing job opportunities in retail for the new year.1. Sales AssociateThink of this job as ââ¬Å"retail classic,â⬠especially if youââ¬â¢re just starting out. Sales associates are basically the boots on the ground in the retail industry, working out on the floor in brick-and-mortar stores to make sure that shelves are stocked, customers are being helped, sales are being made, and operations are running smoothly. Itââ¬â¢s typically an hourly job, worked in shifts set by the storeââ¬â¢s management. Working as a sales associate can mean working nights, weekends, and holidays, depending on the type of store.Working as a retail sales associate can be a major experience-builder, especially if youââ¬â¢re thinking about branching out into a more advanced career in the retail field.What youââ¬â¢ll need: Thereââ¬â¢s no official education level needed to become a sales associate, but some companies prefer high school graduates (or equivalent). Sales associates should have good organizational skills, trustworthiness, solid math skills, and excellent customer service skills- not to mention the patience it takes to help customers of all kinds. Most stores provide on-the-job training for new employees.How much they make: According to the U.S. Bureau of Labor Statistics (BLS), sales as sociates make a median annual salary of $22,900 per year, or $11.01 per hour. This can vary depending on experience and seniority.For more on how to snag retail associate jobs:6 Job Skills You Need to Be a Sales AssociateHow to Write a Perfect Sales Associate Resume (Examples Included)2. Retail ManagerIf youââ¬â¢ve got some retail experience under your belt already, 2018 is a great time to start thinking about moving up into the managerial level. Retail managers are often responsible for managing teams of associates, or an entire store. Their day-to-day responsibilities may include scheduling staff, interviewing and hiring new staff, training employees, overseeing daily operations, monitoring sales and transactions, providing customer service as necessary, overseeing stocking and inventory, and opening and closing the store. Managers are also ambassadors for the storeââ¬â¢s branding and corporate interests as well, making sure the store and the staff are operating within compa ny policies and working toward company goals.Itââ¬â¢s a leadership job that requires a good deal of maturity and responsibility, particularly when it comes to handling store finances and making personnel decisions.What youââ¬â¢ll need: A high school diploma (or equivalent) at a minimum, and experience working in retail. Many stores hire and promote from within. Strong customer service skills are a must, but administrative skills are essential too, particularly organization, accounting, and both written and verbal communication.How much they make: According to PayScale.com, retail store managers make a median annual salary of $45,191, or $14.56 per hour.For more on how to snag retail management jobs:How to write a retail management resume (with examples)Retail Management: Your complete guide to starting your career3. Customer Service RepresentativeSometimes called ââ¬Å"customer careâ⬠or ââ¬Å"customer successâ⬠associates, these retail professionals are responsibl e for making sure customers are informed and happy with their purchases. In a brick-and-mortar store, that might mean manning a desk that handles returns and customer questions or issues. Otherwise, customer service associates may work remotely in call centers, fielding calls, emails, social media queries, or other types of outreach from customers. Customer service associates may be responsible for troubleshooting orders or shipment issues, processing returns or refunds, giving customers information about their product or the store, or providing technical support. In a world where customer feedback can be swift and harsh on social media, customer service professionals need to be more proactive and helpful than ever. Itââ¬â¢s also a field that grows immensely, as the retail experience continues to expand from traditional stores to digital storefronts.What youââ¬â¢ll need: A high school diploma (or equivalent) at a minimum and stellar customer service skills. Customer service as sociates are often the ones dealing with irate or unhappy customers, so strong people skills are a crucial part of the job. Customer service associates should also be tech-savvy, since they may be working with customers in a variety of different communication formats, from multi-line phones to computer chat apps.How much they make: According to the BLS, customer service representatives make a median annual salary of $32,300 per year, or $15.53 per hour.For more on how to snag customer service jobs:Develop a solid career in customer serviceTop 10 Skills You Need for a Career in Customer ServiceYour Complete Guide to the Best Customer Service JobsThe top 12 hottest customer service jobs4. Online MerchandiserThis is a job that takes advantage of the e-commerce boom. Rather than working in a traditional store, youââ¬â¢d be working within a digital storefront to make sure that products are organized and displayed in a way to maximize ease and appeal to a customer. In a brick-and-morta r store, this job would mean organizing displays for maximum eye-catching and attention. In an online store, this role includes ensuring that product pages are organized in a logical, easy-to-read way; maximizing SEO and keyword searches to ensure that products are showing up in customer searches; and ensuring that product descriptions and necessary information are complete and readily available. Merchandisers may also coordinate sales and promotions, ensuring that customers are aware of the sales and that there is clear information on the site.What youââ¬â¢ll need: A high school diploma (or equivalent) at a minimum, though many companies prefer further education in business or merchandising. Data analysis skills are also a key element of the job, as youââ¬â¢d be making sure that the siteââ¬â¢s offerings line up with customer needs and behavior.How much they make: According to PayScale.com, online merchandisers make a median annual salary of $56,839.For more on how to snag merchandising jobs:Top Opportunities in the Online Retail Revolution5. Warehouse AssociateTagged by Forbes as earning one of the fastest-growing salaries, warehouse associates are another job that is fueled by the up-and-up-and-up growth in the e-commerce sector. The goods that people are ordering online have to live somewhere before theyââ¬â¢re shipped, and warehouse associates are the ones receiving, processing, tracking, and shipping these products behind the scenes.Warehouse associates are typically responsible for tracking inventory, getting shipments ready to go out, processing incoming and outgoing shipments, and moving merchandise from one place to another. Itââ¬â¢s a very hands-on kind of job- think forklift, not cubicle. It also may not be a 9-to-5 kind of gig, given the need to ship products fast after a purchase is made. Warehouse work often includes shifts at odd hours, as well as on weekends and holidays to make sure that orders are going out on schedule. If youà ¢â¬â¢re interested in a job that can prepare you for a career in logistics as well as retail, this is a great place to start.What youââ¬â¢ll need: Most companies require a high school diploma (or equivalent). Youââ¬â¢ll also need to be in good physical shape, with the stamina to work on your feet and lift heavy objects.How much they make: According to PayScale.com, warehouse associates make a median annual salary of $31,311, or $12.69 per hour.For more on how to snag warehouse associate jobs:6 top retail jobs this holiday season and how to get themTop Opportunities in the Online Retail RevolutionIf you want to work in a versatile, ever-developing field, itââ¬â¢s hard to go wrong with retail. Itââ¬â¢s not always an easy job (what job working with the public is ever easy?), but if youââ¬â¢ve got a knack for customer service and an interest in business, itââ¬â¢s a field that will continue to grow in 2018.
Friday, February 14, 2020
Llustrate how property and motor vehicle insurance impact your Speech or Presentation
Llustrate how property and motor vehicle insurance impact your financial resources - Speech or Presentation Example Consequently, establishing this fact enables an individual to choose an apposite venture that suites his/her risk orientation. Evidently, the above couple requires a low risk venture. However, such investment has minimal returns. Appraising of a ventureââ¬â¢s risks constitutes budgeting of investments. Diverse investments have differing risks. Thus, it is essential to manage risk associated with the each venture. For an investor to optimize benefits emanating from funds committed, it is indispensable to manage the investments as they progress (Stone, 2011). Secondly, an investment strategy ought to stipulate the relevant undertakings required to ensure realization of the venture objectives. Accordingly, Mr. and Mrs. Garner should budget their finances appropriately. This ensures they have enough net revenue that will finance the venture they seek to undertake to support retirement and college for their sibling (Besley & Brigham, 2007). Thirdly, budgeting will permit the couple to establish an investment strategy. This policy will avail prior familiarity to the couple on suitable investments. Mr. and Mrs. Garner will realize the apt strategy they require to institute to have adequate finances to invest. Mr. and Mrs. Garner should choose a venture that extends over a prolonged period. The couple seeks to invest in a plan that will finance their departure from employment. Such an investment will require budgeting to enable the couple to avail funds at apt durations. The couple ought to enrol into a retirement fund. The scheme subtract the funds required to fund the plan prior to the member receives the salary. Consequently, the couple will not default payment of the investment subscription. Budgeting is critical in investment planning since it enables the financier to avail funds timely. Finally, an investment strategy should adopt a means to appraisal of ventures. As such, the couple can monitor the progress of the venture.
Saturday, February 1, 2020
Disability in the Workplace Research Paper Example | Topics and Well Written Essays - 2000 words
Disability in the Workplace - Research Paper Example People living with disabilities have been cited as the most disadvantaged in employment and this paper focuses on discrimination against people with disabilities in the workplace. The legislation against this form of discrimination, particularly the Americans with Disabilities Act, ADA would be evaluated and compared to its revised version referred to as the ADA Amendments Act, ADAAA which sought to clarify contentious issues in its predecessor. Treatment of people unfairly in particular respects amounts to discrimination and would happen because of peopleââ¬â¢s prejudiced or stereotypical beliefs about other persons based on their attributes or personal characteristics. Chou and Choi further define workplace discrimination as the variation in treatment pegged on an individualââ¬â¢s characteristics ââ¬Å"which impairs or nulliï ¬ es fairness of treatment or opportunity in the workplaceâ⬠(1052). Repa (253) gives examples of illegal discrimination as discriminations based on race, skin color, religious beliefs and nationality. Robin (2) points out at sexual harassment as a rampant form of discrimination especially in workplaces. Other recent forms of discrimination considered to be illegal include discrimination based on oneââ¬â¢s HIV/AIDS status, pregnancy, being divorced, lesbian or gay. Some other forms of workplace discrimination prohibited by the Americans with Disabilities Act include discrimination ba sed on mental or physical disability, job applicantââ¬â¢s present and past medical conditions and creation of worksites that pose physical barriers to movement of the physically handicapped (Goodman-Delahunty & Foote 27). Treating everyone equally also amounts to discrimination. However, there are exemptions for discrimination such that they do not amount to being illegal, but only if for a specific purpose. These exemptions allow for employers to recruit from a particular race, sex or age when these
Friday, January 24, 2020
Aristotles Political Virtues Essay -- Aristotle Politics Philosophy E
Aristotle's Political Virtues ABSTRACT: This paper argues that Aristotle conceives happiness not primarily as an exercise of virtue in private or with friends, but as the exercise of virtue in governing an ideal state. The best states are knit together so tightly that the interests of one person are the same as the interests of all. Hence, a person who acts for his or her own good must also act for the good of all fellow citizens. It follows that discussions of Aristotleââ¬â¢s altruism and egoism are misconceived. Why does Aristotle think that the good life must be lived in a state (polis)? It is usually supposed that the state serves to provide the security and stability that individuals need for virtuous acts.(1) Though it is also recognized that participating in the governing of the state could play some important, or even necessary, role in a good life, the predominant view is that happiness is mostly pursued individually or with friends.(2) Such private pursuits seem to R. G. Mulgan a bulwark protecting individual ends from subordination to those of the state.(3) The idea that happiness is a private pursuit is implicit in the contrast, formerly drawn often, between the egoism of ancient ethicists and the properly moral analyses of modern philosophers.(4) Recent writers have attacked this contrast, pointing to the importance Aristotle accords concern for others in friendship (philia) and the centrality of friendship in happiness.(5) Yet they, too, presume that happiness is mainly a private pursuit, for they imagine that concern for others manifests itself when the other's interest conflicts with one's ownââ¬âas if, even among friends, personal interests must conflict and the person who furthers the interests of his friend doe... ...rtues promotes the common interest. To conclude, the good life must be lived in a state because it is the life of virtue and virtue, or at least moral virtue, is best exercised in governing the state.(17) Aristotle claims that the polis exists by nature because, among other reasons, a person is not self-sufficient outside of it (Pol. I.2.1253a25-29).(18) What he means is hardly clear in its context; but if the foregoing analysis is correct, a person can realize his nature in the ideal polis because, in governing it, he exercises, to greatest possible degree, the human virtues. NOTES (1) R. G. Mulgan, Aristotle's Political Theory: An Introduction for Students of Political Theory (Oxford: Clarendon Press, 1987), p. 7. Mulgan would be right if he were thinking exclusively of philosophical pursuits. My concern here will be with the realization of moral virtues.
Thursday, January 16, 2020
South-North Division in Korea
South-North Division in Korea Korea is an East Asian country, which is surrounded by the sea on three sides, but unfortunately divided into two parts-South Korea and North Korea. Korea is bordered by China on the north and by the navigable Yalu and Tumen Rivers, both of which flow from Paektusan, the highest point in Korea at 9,000 feet (Weightman 360). Korea has four seasons and a monsoon climate with warm, humid summers and cold, dry winters. Continuous rains from June to July are a phenomenon. South and North Korea has many differences by geological patterns.North Korea is influenced by continental extremes, the south is warmed by the Japan Current. Moreover, South Koreaââ¬â¢s terrain is mostly mountainous. Lowlands is located in the west and southeast, so agriculture is intensive with rice, vegetables, fruit, and other types of market gardening. However, North Korea has only about a sixth of mountains for cropping and few coastal lowlands for rice, corn, wheat, and soybeans. T herefore, they have a food sufficient problem. In Korea, the most important event in history is Korean War. The Korean War between South and North Korea broke out on June 25, 1950, in which at least 2. million persons lost their lives. The North Korean Army invaded across the 38th parallel in the morning. The Korean citizens did not realize that the war broke out because by that time, there were a lot of skirmishes between the South and North Army. Before the Korean War erupted, Korea was split into political, ideologically entities due to the influence of the United States and the Union of Soviet Socialist Republics. This research paper shows how the United States and the Union of Soviet Socialist Republics affected the Korean War and why the Korean War erupted.Moreover, it will be how South Korea has developed an economy and what is likely to happen in the future. The origins of the Korean War are not as simple as people might think. It is strongly connected by not only causes and effects but also nationsââ¬â¢ understandings. The Yalta Conference of 1945 was the second of three conference held between the three Allied superpowers during the Second World War era (Perekop). The Yalta Conference was about how to reform the world after winning the Second World War. One of the issues in this conference was about the Korean Peninsulaââ¬â¢s trusteeship.Many countries were involved in Korea. Especially, when Soviet planned the war against Japan. The U. S also dropped an a-bomb on Hiroshima where the headquarters of the Japanese Army was in. Later, the Soviet declared the war against Japan and the army was planning to invade Japan through the Korean Peninsula, so they encamped at the northern part of Korea. Finally, Japan surrendered on August 15th. The U. S Army was placed in the southern part of Korea to discuss the trusteeship. So the northern part of Korea was occupied by the Soviets and the southern part of Korea was occupied by the U. S.At a conference in Moscow in December, the foreign ministers of the Soviet Union and Britain, and the U. S. Secretary of State met and discussed a five-year trusteeship for Korea (The Korean War). During those years, North Korea had absorbed the Communist ideology. Kim Il-Sung wanted to unite Korea, so he chose to invade South Korea. It wouldnââ¬â¢t take long for the conflict to come to a head between North and South Korea. Indeed, the Korean War erupted in 1950 when North Korea invaded South Korea. The war had been broken out in Ong-Jin Peninsula and started to spread out as time passed. The U. S almost immediately entered the battle.Truman told his daughter, Margaret, that ââ¬Å"We are going to fight. â⬠(The Korean War) The countryside quickly transformed into a practical wasteland. During the Korean War, Northern troops conquered Seoul, which is the capital city, for three days. South Koreaââ¬â¢s defense line receded to the Nakdong River. The U. N decided to cooperate with South Korea and the war started to have the effect of becoming a world war. Douglas MacArthur, the commanding general of the United Nations forces in Korea, launched his ambitious attack and landed at Inchââ¬â¢on on September 15, and the course of the war changed abruptly.Many parts in North Korea were taken by South Korea. After that, two high-ranking representatives from North Korea asked China to send troops into Korea. Then, China intervened in the Korean War to help North Korea, so the Soviet Union and China supported North Korea with arms, tanks, military supplies, fuel, foodstuffs, and medicine. In the case of South Korea, according to South Korea- a Country Study, with fifteen member-nations of the United Nations, had contributed armed forces and medical units to South Korea. On July 27th 1953, after the true treaty, North and South Korea are in a truce on paper along the hostile parallel line.As a result of the war, lots of massacres were made and the left-right wingââ¬â¢s confl ict has become worse. In South Korea, the Korean-American Mutual Defensive Treaty was made. The enmity between South and North Korea got worse, as well as the inequality in social status. Then the U. S started to compete with the Soviets, which became known as the Cold War and focus was on preventing communization. After the Korean War, the Korean economy was very poor, and nobody thought that Korea could develop the economy as now. However, the Korean government made some plans to develop the economy.They started five-Year plans. Park Chung Hee utilized a unique method of series of five economic plans to rapidly develop an economy. The first Five-Year Economic Development Plan began in 1962. This plan consisted of initial steps toward the building of a self-sufficient industrial structure that was neither consumption oriented nor over-dependent on oil (South Korea-Economic Plans). The second Five-Year Economic Development Plan (1967- 71) started with rapidly building import-substit ution industries, including steel, machinery, and chemical industries.The third Five-Year Economic Development Plan (1972-76) developed the chemical industry and the economy stable. Before starting the fourth Five Economic Development Plan, The Korean President said, ââ¬Å"The fourth Five-Year Economic Development Plan (1977-81) will foster the development of industries designed to compete effectively in the world's industrial export marketsâ⬠(Cho-Sun 20). These major strategic industries consisted of technology-intensive and skilled labor-intensive industries such as machinery, electronics, and shipbuilding (South Korea-Economic Plans).The fifth Five-Year Economic and Social Development Plan (1982-86) concentrate on devote to building high-technology products on the world market. The sixth Five-Year Economic and Social Development Plan (1987-91) to a large extent continued to emphasize the goals of the previous plan. The goal of the seventh Five-Year Economic and Social Deve lopment Plan (1992-96), formulated in 1989, was to develop high-technology fields, such as microelectronics, new materials, fine chemicals, bioengineering, optics, and aerospace.Government and industry would work together to build high-technology facilities in seven provincial cities to better balance the geographic distribution of industry throughout South Korea (South Korea-Economic Plans). These Five Year plans had increased wealth and strengthen political stability. Moreover, these plans lead South Korea to become Asiaââ¬â¢s fourth largest economy and the worldââ¬â¢s 12th largest economy. Also, South Korea is a member of the United Nations, WTO, and OECD. I found that geographic patterns by researching Five Year Economic plans.The effect of Five year Economic plans is to preserve geographical inequities. Korea has been developed rapidly. Especially there are many rapid developments from metropolitan areas which are centered in Seoul to Kyoung-nam. Because of this developme nt, inconsistent development has been occurred and financial development was inevitably centered in port towns. This phenomenon led young people in the rural areas move to metropolitan areas. Now a days, the rural areas contains a disproportionate number of young middle-class families.Therefore, income inequality by geographical areas is getting worse. According to Korea University economics professor Kim Seong-hui, ââ¬Å"This is the result of both the wage differences between large and small-medium businesses, and between regular and irregular workers. â⬠So, a lot of young people in the rural areas want to move to metropolitan areas, where the majority of big companies located in, to be rich. Although the worst chapters of the Korean war now over, the bitterness between North and South Korea has continued to rage until this day.This is true despite the issue of cease-fire resolutions by the UN and even despite continued negotiations to reunite the countries. The United State s has been closely involved with South Korea. However, North Korea has become a progressively greater world problem. Fortunately, North Koreaââ¬â¢s most recent disregard for world concern did not turn out to be as disastrous as it could have been. However, Such disregard for world concerns has been characteristic of North Korea since the Korean War.North Korea has planed the nuclear program and spent a lot of money for the military equipment. Unfortunately, it might be predicted that this recent action was just North Koreaââ¬â¢s means of testing the U. S president and his administration to see just what they would do in such a situation. There will undoubtedly be many more tests to come. Even though, South Korea wants to reunify in stages and has tried to talk, these actions of North Korea will threat reunification considerations. Bibliography Cumings, Bruce. The Korean War- A History. â⬠A Modern Library Chronicles Book. 2010. Hickey, Michael. ââ¬Å"The Korean War: The West Confronts Communism, 1950-1953â⬠. The Overlook Press. 1999. Kim, Y. M. ââ¬Å"The Fourth Economic Development Plan. â⬠Cho-Sun. 20 Aug. 1977: 10-11. Shaw, William. ââ¬Å"South Korea: A Country Study. â⬠Washington: GPO for the Library of Congress. Web. 1990. ââ¬Å"South Korea-Economic Plansâ⬠. Mongabay. Web. June. 1990. Weightman, Barbara A. ââ¬Å"Dragons and Tigers : A Geography of South, East and Southeast Asia. â⬠Wiley. 2010.
Wednesday, January 8, 2020
Bsns106 Finance - 1624 Words
BSNS106 Lecture 2 1. What is the distinction between data and information? 2. Describe the four attributes of information quality: Timeliness, Location, Form and Validity. Lecture 3 1. What is business intelligence, and how does it differ from just having information? 2. What is information flow? Describe each of the following directions of information flow ââ¬â â⬠¨horizontal, vertical, incoming/outgoing. 3. Describe each of the steps presented in the slide From Problems to Decisions.... 4. What is information literacy and what are the desirable traits of an information literate â⬠¨person? Lecture 4 1. What is the main advantage of using computer-based information systems over traditionalâ⬠¦show more contentâ⬠¦Client info, competitor sales 3. Briefly describe how the manner in which information is collected and stored will impact on â⬠¨its quality and overall usefulness to an organisation 4. Spreadsheets are an example of ââ¬Å"flat fileâ⬠information storage. What are some of the â⬠¨limitations with this approach? Free from errors and unnecessary duplication Lecture 11 (Lab 5) 1. What is an entity relationship diagram (ERD)? Simple analysis diagrams used for data modelling Attempt to capture an accurate representation of required information Information is identified as distinct things of interest such as objects, people and interactions (transactions) Also show specific associations (relationships) between these things Entities: ââ¬Å"A thing or object of significanceâ⬠Attributes: An individual characteristic of an entity Relationships: Reflect real-world associations between entities 2. What problem are ERDs trying to help solve? 3. Briefly describe the following ERD concepts: a. entities. b. attributes. c. relationships. d. unique identifiers. e. optionality and cardinality. 4. What is the difference between an entity type and an entity instance? 5. How are ERDs ââ¬Å"readâ⬠? Use an example from lectures or labs to explain the concept of â⬠¨Ã¢â¬Å"reading an ERDâ⬠. 6. Consider the following ERD: a. Provide an
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