Identifying and minimizing enterprise risks, both internal and external, is essential for risk management and business growth. Internal risks involve the company’s business model, employee theft, and working conditions, while external risks include new legislation and natural disasters. Contingency plans should be developed to transfer production to other facilities or outsource to partner companies. The […]
USS Enterprise is the oldest active ship in the US Navy fleet and the world’s first nuclear-powered aircraft carrier. It has seen action in conflicts such as the Cuban Missile Crisis and the Vietnam War. The ship is set to be decommissioned in 2014 and replaced by USS Gerald R. Ford in 2015. USS Enterprise […]
Business mobility refers to the use of technology to enable companies to conduct business without being limited to a single location. This includes the use of portable devices and real-time electronic communications. While it offers benefits such as lower operating costs and greater access to talent, outsourcing technical or customer support to foreign locations can […]
Enterprise risk management (ERM) is the process of identifying risks and opportunities within a company. It involves creating a strategic plan, assessing the likelihood of success, and creating a response plan. The Sarbanes-Oxley Act requires US companies to have an ERM system in place, and frameworks have been developed by the CAS and COSO. ERM […]
Enterprise architecture is a blueprint for making a company more efficient by guiding all parts towards the same goals. It is generally a form of IT governance and management, with a focus on software and hardware issues. An example is a service-oriented architecture that guides how enterprise software communicates with other programs. Companies use consultants […]
Enterprise Feedback Management (EFM) is a software-based approach to creating and managing surveys that involves authorizations and permissions throughout the process. It aims to collect information about customer satisfaction and provides tools to analyze the results, making it a cost-effective approach to customer surveys. Enterprise Feedback Management (EFM) is the collective term used to identify […]
Free enterprise is a concept that promotes a free market economy without government regulation. Adam Smith’s book, The Wealth of Nations, discusses the “invisible hand of the market” and how it regulates the market for maximum efficiency. However, some argue that government regulation is necessary to prevent abuse of market freedom and side effects such […]
Enterprise architecture planning is a business strategy that identifies processes to support business goals. It has four phases: initiation, assessing current status, defining goals, and developing a roadmap. Enterprise architecture planning is a business strategy that helps identify the processes or architectures that ultimately support the operation of a business and move the enterprise closer […]
Enterprise project management involves managing all data related to an organization’s projects, with a focus on supporting all projects. Key components include developing a project portfolio, managing complex computer networks, and utilizing employees who work on multiple projects. Effective enterprise project management also involves efficient use of labor. Enterprise project management is the process of […]
Enterprise network management involves creating a system to control a company’s internal computer network. Options include LAN, VPN, and intranet, with each having advantages and disadvantages. Larger companies may benefit more from VPNs, while intranets offer the greatest security but are more expensive. Enterprise network management is the method by which a company creates a […]
Adaptive Server Enterprise is a proprietary relational database management system used by enterprise-class systems, including banks and financial institutions. It was first released in 1987 for UNIX and is now available on multiple operating systems. It is considered the first true client-server relational database management system and has two main processes for storing and modifying […]
Enterprise architecture is a technique that captures an organization’s technical requirements using models. An enterprise architecture framework is a set of templates and tools that help engineers create useful software. The framework includes guidelines for software and technical resources, and new technology requires approval from executives. The goal is to create standards and manage technology […]
Large companies use software for accounting, payroll, sales, and inventory management. Enterprise application integration (EAI) integrates these applications into a single point of access. Healthcare is an industry that uses EAI. Commercial software products are designed for EAI, and there are different approaches to implementing it. Data integration is best suited for companies with similar […]
The enterprise services bus (ESB) is a software program that delivers modular services to consumers over the internet. It shares and routes messages between computer systems, providing a standard platform for businesses to securely share services across networks. ESBs vary in price and complexity, with small buses available for start-ups. ESBs use message-oriented middleware (MOM) […]
Enterprise storage is large-scale data storage for corporations, government agencies, and large organizations. They require custom systems to store large amounts of data, quick access, and high fault tolerance. They may need a dedicated storage area network and costs can vary. Enterprise storage is large-scale data storage designed for critical business and organizational functions. Corporations, […]
An enterprise architect can help a company improve operations and productivity by focusing on information technology, data analysis, and workforce structure. They may implement new systems, train team members, and analyze data to optimize efficiency. When a company wants to improve its operations and optimize productivity or labor resources, it can hire an enterprise architect […]
Adaptive enterprises have a close balance between supply and demand, resulting in resource efficiency. They rely on routine deliveries and quick distribution of finished products to reduce taxes and storage costs. They can also make rapid adjustments to meet market demands. Sometimes referred to as an adaptive organization, the adaptive enterprise is any organization where […]
A corporate group is a collection of related companies treated as a single entity for legal, accounting, or tax purposes. The group consists of a parent company and subsidiaries, with each company retaining its legal status as a separate entity. The treatment of the group as an entity is authorized by law for financial reporting, […]
Enterprise project management involves managing data related to all projects an organization is pursuing. It includes developing a portfolio of projects, managing complex computer networks, and using employees who focus on multiple projects simultaneously. Efficient use of labor is also important. Enterprise project management is the process of managing all data related to projects that […]
To become a corporate services manager, earn an undergraduate degree in business, economics, psychology, sociology, or a related field, and gain leadership experience. Technical experience is required, and a postgraduate degree may be beneficial. Responsibilities may include HR tasks, recruitment, training, and overseeing operational processes. A corporate services manager usually sits behind a director, who […]
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