Posts

Showing posts from August, 2022

Database security management to improve organization performance

Image
                    An important requirement of any information management system is to protect data and resources within the computer against unauthorized disclosure ( confidentiality), and unauthorized or improper modifications (integrity), while at the same time ensuring their availability to legitimate users (no denial of service). Ensuring protection, therefore, requires that every access to a system and its resources be controlled and that all and only authorized access can take place.                                                                     In this arti...

Business plan: a key to raise capital

Image
     The primary value of your business plan will be to create a written outline that evaluates all aspects of the economic viability of your business, and the description analysis of your business prospects for some time. No matter whom you approach to raise money for your business, you will need a business plan. Venture capitalists and bankers will refuse to see an entrepreneur who does not have a viable business plan. You may have a brilliant idea, but if it is not outlined in a well-written business plan, no investor will be interested. A well-written plan shows potential investors that the entrepreneur has carefully thought through the business. All investors- bankers, neighbors, friends, or venture capitalists-crave information.   The more information you offer investors about how their money will be used, the more willing they will be to invest in your business. Your plan should be so thoughtful and well-written that the only question it raises in an investo...

Follow-up: real control of production profitability

Image
               Follow-up or expediting is that department of the production-control procedure that regulates the progress of materials parts through the production process.   However, it is the agency charged with the responsibility for the production order after they are dispatched; it is nevertheless closely interrelated with dispatching.             Follow-up indeed serves as a catalytic agent to fuse the various separate and unrelated product activities into the unified whole that means progress. It concerns production with the reporting of production data and the investigating of variances from the predetermined time schedules.     As such, follow-up endeavors to see that the promise is backed up by performance.   More industrial and other purchasers are turning to delivery-performance reports to measure the production reliability of t...