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What is the difference between engineering economics decisions and design decisions?

Starting a new business requires many decisions. List five examples of decisions that might be assisted by engineering economics analysis


What is a brief analysis?

pick out key aspects of the design brief and analyse it in detail


What is an economic analysis?

economic analysis is a analysis of current economic and financial status ,if iam going to make one project that will contribute on the welfare of our nation means economic analysis will help us to select and design the project for example government use eonomic analysis for detrminig the finantial status of our nation


Who said that the social responsibility of business is a fundamentally subversive doctrine and that the one social responsibility of business is to use its resources and engage in activities design?

milton friedman


What are the four main activities of the management?

The main four activities of the management process are: Design (including modelling the management process) Execution (running the process) Monitoring (checking for problems) Optimisation (making the process better) BPM (business process management) is an integrated collection of critical software technologies that enables the control and management of business processes. BPM emphasizes business user involvement in the entire business process improvement life cycle, from design through implementation, deployment, monitoring and ongoing optimization. Instead of reducing relience on employees, BPM - Business Process Management software emphasizes the added value of employee activity coordidantion and making their business activities tranparent and auditable Business Process Management enables business stakeholders to monitor all interactions between human, system and information resources and optimise behavior to get the most out of dynamic market events and improve business performance outcomes.

Related Questions

Determination of database requirements is part of this process?

System Analysis.


What is waterfalls?

Waterfall is a sequential design approach used in software development which includes requirements analysis, design, implementation, testing, integration and maintenance.


What is meant by the term business systems analysis?

Business systems analysis refers to analyzing of the specifics and design of business applications. This is done in order to develop detailed functional, system, and program specifications.


What is waterfall aproach?

Waterfall is a sequential design approach used in software development which includes requirements analysis, design, implementation, testing, integration and maintenance.


System design vs system analysis?

System design and system analysis are both important stages in the development of a software system, but they focus on different aspects of the process. System analysis is the process of studying and understanding the existing system and its requirements, including its functions, inputs, outputs, and user needs. System analysts work closely with stakeholders to gather and document requirements, create use cases, and develop models of the current system. System design, on the other hand, is the process of creating a new system or modifying an existing system to meet the requirements identified during the analysis stage. System designers use the requirements gathered during the analysis stage to create a detailed design of the new or modified system, including its architecture, components, and interfaces. In summary, system analysis is focused on understanding the existing system and its requirements, while system design is focused on creating a new system or modifying an existing system to meet those requirements. Both are important stages in the development of a software system, and they often overlap and inform one another. Effective system analysis and design can lead to the development of a high-quality software system that meets the needs of its users.


Design in terms of system design analysis?

system analysis and design


Stages of system analysis?

The stages of system analysis are scope definition, problem analysis, requirements analysis, logical design and decision analysis. System analysis is defined as the study of sets of a system to find ways of improving its efficiency.


Define test documentation in system analysis and design?

what is systems documentation in system analysis and design? what is systems documentation in system analysis and design? Systems Analysis and Design: Mary Pozo Answered: Practitioners of systems analysis are often called up to dissect systems that have grown haphazardly to determine the current components of the system. In business, for example, if a retail business is using an old POS system, a consultant analyst could recommend updating to a better system like Microsoft Dynamics NAV (business management solution) or MS Retail Management Solution.


What are some of the requirements of being a Web CEO?

Some requirements of being a Web CEO include basic business and financial skills, website design, website management, and experience with managing a business in different locations (as a website-based business or a business with physical stores)


What are the six phases of database design in computer science?

What are the six phases of database design? Discuss each phase.Database design phases are:1. Requirements collection and analysis.2. Conceptual design.3. Logical design (data model mapping).4. Physical design.


What has the author Robert Condon written?

Robert Condon has written: 'Data processing systems analysis and design' -- subject(s): Business, Data processing, System analysis


What does phase II of management information systems development entail?

Phase II identifies the requirements for the systems. It includes systems analysis, user requirements, necessary hardware and software, and a conceptional design for the system.