Local Labor Market Effects of Import Competition - Free samples

Question: Depict about the Local Labor Market Effects of Import Competition. Answer: Macroeconomics is that part of financial aspects that reviews the conduct of the total economy. Exercises and themes, for example, swelling, joblessness and total national output are concentrated in the hypothesis of macroeconomics. The writer basically dissects the article named as Wage Rise as U.S. Joblessness Rate Falls Below five percent. The article was distributed by Nelson D. Schwartz in February 2016. Joblessness is a circumstance of joblessness where the workers don't have any wellspring of pay for a specific timeframe. The primary worry of the article is to examine whether the ascent in compensation lessens joblessness in the economy particularly in America. The ascent in the wages that is compensation that laborers get for the work they do prompted a fall in the joblessness rate in America (Schwartz, 2016). The joblessness rate in America is tumbling from 2013 and is right now beneath five percent as indicated by work department of insights. The fundamental explanation behind ascent in compensation in America is that organizations need to hold the representatives that are proficient. The market of America is productive in spite of financial exercises, for example, unsettling influences in securities exchange, slow market of china and dangers because of developing business sector. The work advertise is developing in spite of disturbance in monetary market (Schwartz, 2016). The productivity wage hypothesis can be utilized to portray such situation where the organizations are prepared to pay higher wages to hold the accomplished workers. The financing cost is probably going to increment in next monetary year in view of the descending weight on costs from solid dollar and moderate pace of employing (Weiss, 2014). The lowest pay permitted by law is the pay that the businesses need to pay the representatives and can't pay not as much as that. The ascent in the base wages additionally one of the variables that prompted an ascent in the compensation of workers. The fundamental dread of the corporate in America is that ascent in wages could diminish the overall revenue as the expense of creation would rise. The economy of America is probably going to have remains impact of downturn due to the ascent in salary, business and home estimations (Low Pay Commission, 2013). Slow development of chinas showcase, breakdown of oil costs and decline in deals are a portion of the financial exercises that are probably going to influence the economy. Fall in the costs of oil drove numerous specialists jobless as some of vitality ventures couldn't keep up the benefit level. The pay rate was increasing and the oil costs were falling because of which the expense of creation was high (David et al., 2013). The recuperation of the American market started in 2009 and its greatest accomplishment was ascend in wages and fall in joblessness. The measure of occupation creation has fallen. Be that as it may, occasional and repetitive joblessness do exists where the laborers are laid off because of changes in monetary exercises. For instance an ascent in the cost of oil can prompt joblessness as the organizations can't cop up with the expense. Figure: joblessness rate in America (Source: Schwartz, 2016). The legislature of America should expand the pay rate very little as it will at that point lead to joblessness. As the expense of creation rises the makers will quit recruiting the representatives. This will prompt an ascent in joblessness. So as to take care of the issue of joblessness administration of America should open more employments for the young people of the nation. Government ought to likewise focus on giving preparing and improvement and contribute on instruction with the goal that businesses doesn't need to reconsider before recruiting the representatives. References David, H., Dorn, D., Hanson, G. H. (2013). The China disorder: Local work advertise impacts of import rivalry in the United States.The American Economic Review,103(6), 2121-2168. Low Pay Commission. (2013).National Minimum Wage: Low Pay Commission Report 2013(Vol. 8565). The Stationery Office. Schwartz, N. (2016). Wages Rise as U.S. Joblessness Rate Falls Below 5%. Nytimes.com. Recovered 20 July 2016, from https://www.nytimes.com/2016/02/06/business/economy/occupations report-joblessness january-took care of intrigue rates.html?_r=0 Weiss, A. (2014).Efficiency wages: Models of joblessness, cutbacks, and pay scattering. Princeton University Press.

Peter the Great's Reformation Essay Example | Topics and Well Written Essays - 500 words

Subside the Great's Reformation - Essay Example Subside founded state wide reorganization from military positions to facial hair tax collection, all of which westernized Russia. These westernizing reconstructions constrained Russia modernize, and reception of European culture whether the individuals loved it or not. Diminish the Great's most critical changes to the state were the enhancements to the Russian military and furthermore the development of the Russian business. All through his rule, Peter the Great's aggressive westernizing reconstruction of the Russian military and industry changed Russian into a solid and very much regarded European force to the detriment of the nations working serfs. After the devastating thrashing against the Swedish at the Battle of Narva, Peter the Great acknowledged he needed to change the Russian military they needed to have a potential for success against the European forces. Despite the fact that Peter's military was exceptionally huge the troopers were in adequately prepared and deficiently prepared (Hosking). Dwindles officials and warriors were not familiar with facing the European style conflicts including open field. Diminish realized that in the event that he needed match the European forces he expected to show his officials western military strategies, modernize the weaponry for the troopers, and raise assets to apply these changes. Diminish likewise received European style garbs for his military to communicate convention and conflict toward the Western forces. With this huge, formal, progressed, and instructed armed force, Russia could securely ensure its recently procured lands, challenge European powers, for example, Sweden.

How to Choose the Best Online Paper Writing Service

How to Choose the Best Online Paper Writing ServiceFor people who want to perform effective online paper writing, it's important to consider choosing the best online paper writing service. This article will provide you with some important information that can help you in your choice.The first thing that you need to think about when you are looking for the best online paper writing service is the number of freelance writers available. This should be a major factor because the higher the number of writers the better the service. Make sure that you do not only look at the number of writers but also look at the quality of writers who are available to help you.The next thing that you need to consider is the requirements of the contract and the agreement of the paper writing service. The terms of agreement should include all the details of writing services that will be provided to you. Also, the online paper writing service should give you all the necessary details and instructions to make your job easier.The next thing that you need to get is some basic editing skills to make your writing work. There are so many people who create amazing articles and papers, but the problem lies in the fact that they cannot finish the paper. You should be able to edit the paper properly and get your desired information on paper. Editors who can edit the papers should be available in your paper writing service.The next important step that you need to consider is how fast you need the papers. It's always better to get the papers finished fast because the more time you waste writing, the less chance you have of getting people to read your material. Therefore, it's important to get your papers finished as soon as possible.The next thing that you need to consider is the quantity of papers that you need to get done. Again, the more paper you need, the less you should spend on hiring the freelancers. Remember that hiring an expert would mean spending a lot of money and time for you.The fin al step that you need to consider is the payment scheme. Some companies offer the customers with the option of paying in advance or else they offer the regular payments. The best way to find out whether you can take up the service of the best online paper writing service is to check whether you can pay in advance or not.Overall, the best online paper writing service should meet all the requirements of the customer. All the above mentioned factors should be considered and then you should have a clear idea about the papers that you can write.

Racism And Prejudice By Claudia Rankine - 889 Words

Citizen (2014), by Claudia Rankine, is a book that explores racism and prejudice that is happening in the United States. Rankine incorporates personal encounters, reactions, reflections, writing and art pieces, historical events, and the media to prove the point that racism is still very prominent to this day. For a majority of the book, Rankine writes short pieces about her personal encounters that deals with some form of racism, whether it happened to her or if she witnessed racism happening to other people. Within those short pieces, Rankine refers to herself as â€Å"you,† because she wants her readers to see what racism looks like in her shoes, even if the readers have not personally been affected by racism. Throughout the book, Rankine includes several symbols that are important to her that shows the audience that those symbols may be small, but they have a huge impact on how people perceive them. Some of the symbols that Claudia Rankine uses throughout Citizen is the co lor line, complexion of skin tone, and angry. What are the significance of each? When racism was more common in the United States, there was blunt segregation happening before people’s eyes. White people lived in areas with more opportunities, and better living arrangements, whereas black people were forced to live in lesser more ghetto parts of town. Although, the color line is not as prominently visible, there are still insistences that have occurred to this today that proves the color line is notShow MoreRelatedAnalysis Of The Book Living Color By Claudia Rankine903 Words   |  4 PagesCitizen (2014), by Claudia Rankine, is a book that explores racism and prejudice that is happening in the United States. Rankine incorporates personal encounters, reactions, reflections, writing and art pieces, historical events, and the media to prove the point that racism is still very prominent to this day. For a majority of the book, Rankine writes short pieces about her personal encounters that deals with some form of racism, whether it happened to her or if she witnessed racism happening to otherRead MoreIn Claudia Rankine’S Citizen: An American Lyric, Many Themes1170 Words   |  5 PagesIn Claudia Rankine’s Citizen: An American Lyric, many themes come together to show the intricate and fragile lives of black people within the racist construct of America. Anything from the game of tennis filled with bad calls to the outright brutality of police violence against blacks is represented by Citizen. Rankine creates a narrative of the everyday lives of blacks through not only her own experiences but the experiences of others. Citizen: An American Lyric by Claudia Rankine seeks to bringRead MoreRacial Profiling And Discrimination By Claudia Rankine s Citizen : An American Lyric Essay1366 Words   |  6 PagesRacial profiling and discrimination is an underlining theme in Claudia Rankine’s Citizen: An American Lyric. The author uses everyday encounters to expose the harsh reality African American people live. Rankineâ€℠¢s perspective on racism is applicable to years dating from 1860 and to present day occurrences. Discrimination against African Americans is a continuing problem. Although slavery does not exist today, African Americans continually grieve the agony their ancestors faced throughout the CivilRead MoreRace As A Category Of Difference Essay2145 Words   |  9 Pagesof each other with opposing traits and attributes. Claudia Rankine touches on the linguistic associations in relation to â€Å"blackness† and â€Å"whiteness† trough her writings in her book Citizen. Citizen is a circuitous and personal descent into past experiences that truly illuminate racial discrimination in America. Rankine’s book explores the racism and prejudice that are prevalent in the United States. Through her use of vernacular and diction, Rankine advocates the lifestyle of a mostly Caucasian countryRead MoreSummary Of The Ruminant Animal Essay1259 Words   |  6 PagesSegregation is prohi bited. How far has American society progressed in the subject of racism? Claudia Rankine’s Citizen offers a look into the problems that persist today through a compilation of stories and images. She uses facts and literal explanations along with multiple forms of symbolism to express numerous flaws still happening today. Focusing only on one symbol used in the lyric, the ruminant animal, Rankine portrays the American culture’s habit of pressuring people to repress their afflictionsRead MoreAnalysis Of Claudia Rankines Citizen736 Words   |  3 Pagespoints out â€Å"We are facing the loss of our generation†¦gay men lost to AIDS. What kind of witness will you bear? What truth telling are you brave enough to utter and endure the consequences of your unpopular message?† (Dixon 73-74). Furthermore, Claudia Rankine in her book Citizen describes different forms of oppression. She emphasizes that one can be considered an American only when s/he adheres to the category standards and silently agrees to the marginalization and represses anger. In her lyrics sheRead MoreRacial Racism : Black And White Americans1484 Words   |  6 PagesThere are many layers to American racism. I will break it down to 3 layers and explain the consequences these types of racism have. The first lay is historical racism. Historical racism is what most stereotypes what racism is suppose to be. In this category you would think of things such as lynching, the enslaved people working the fields, use of the word nigger, segregation and Jim Crow laws but that isn’t even the start of it. The first step to successfully enslave a people is to â€Å"keep the mind

Selection and Recruitment - 5933 Words

EMPLOYMENT RECRUITMENT AND DEVELOPMENT CRITICAL LITERATURE REVIEW CRITICALLY EVALUATE VARIOUS SCREENING AND SELECTION METHODS AND RECOMMEND A SCREENING AND SELECTION PROGRAMME FOR YOUR DEPARTMENT This paper will critically evaluate and explore the key tools and techniques that are used in selection and recruitment process by the organizations. Organizations have infact, a vast range of tools to consider in screening and selecting a workforce. This paper will analyze the theoretical principles behind the relevant screening and selection method and then apply the theories to the Jandal Air Call Centre. The first section of this paper defines and describes the key concepts of validity, predictive validity, utility and reliability†¦show more content†¦Predictive validity is the ability of a measure to predict future job performance (Schmidt Hunter, 1998). Low validity refers to validity in the range of about 0.00 to 0.15. Moderate validity corresponds to validity in the range of about 0.16 to 0.30 and high validity is 0.31 and above (Heneman Judge, 2006). The Validity and Utility of Selection Methods Schmidt and Hunter (1998) pointed out that the most important element of any personnel assessment method is predictive validity, which is the ability to predict future job performance, job-related learning and other criteria. According to Schmidt Hunter (1998), the predictive validity coefficient is directly proportional to the practical economic value which is also called utility of the assessment method. The research on personnel psychology conducted within 85years revealed that the validity of measures of 19 different selection methods are used in decision making on hiring, training and development assignments. However, some of these procedures work well and some do not work well. Determinants of Practical Value (Utility) of Selection Methods Validity of a hiring model and the variability of job performance are the determinants of its practical value which is the utility Schmidt and Hunter, (1998). Furthermore, it says that at one extreme, if the variability is zero, then all applicants would have the same level ofShow MoreRelatedRecruitment, Selection, And Selection Essay1685 Words   |  7 PagesThe topics I am going to discuss in this assignment are Recruitment and Selection. According to Foot and Hook (2011:161), ‘’Recruitment is commonly referred to as the attraction phase (e.g. Murphy, 2008b) and can be further defined as all activities directed towards locating potential employees, stimulating the interests of potential applicants and attracting applications from suitable candidates’’. Torrington et al (2014) propose selection as referring ‘to the methods used to decide which applicantRead MoreRecruitment and Selection2206 Words   |  9 PagesRecruitment and Selection In the competitive business environment nowadays, companies need to present themselves as serious players with edges in various aspects, one most important of which is quality of their workforce. The quality of an organization’s workforce ,to some degree, determines how far it can go and this kind of quality depends mostly on an essential element in an organization’s operation, which is human resource management (Martin, J. 2008). Human resource management refers to theRead MoreRecruitment and Selection1797 Words   |  8 PagesIn recruitment advertising is the means by which job opportunities are made known to the public through the use of media, local and national newspapers, notice boards and recruitment fairs. Advertising is a form of communication for marketing and is used to encourage, persuade or manipulate an audience to continue or take some new action. Recruitment involves actively soliciting applications from potential employees (Taylor 2005). Advertising ha s proven to be relevant as a recruitment strategy andRead MoreRecruitment and Selection2534 Words   |  11 PagesRecruitment Strategies Introduction Recruitment strategies in an organisation are intended to identify suitable employees who fit well for the business (Ahmad Schroeder, 2002). It is a very complex process that needs to be carried out correctly and if not; can incur substantial costs for the business. (Pets, 1997) acknowledges this and highlights that due to the upsurge in competitive pressure, HR managers are constantly looking for ways to develop and sustain performance within theRead MoreRecruitment and Selection2557 Words   |  11 PagesIntroduction 2 Literature review 3 Company Profile 4 Objectives 5 Recruitment and Selection 6 Conclusions 7 Bibliographies INTRODUCTION The study is on recruitment and selection of human resource which is the movable asset of the company. In today s rapidly changing business environment, organizations have to respond quickly to requirements for people. Hence, it is important to have a well-defined recruitment policy in place, which can be executed effectively to get the best fitsRead MoreRecruitment And Selection Process For Recruitment1847 Words   |  8 PagesRecruitment is the process which aims to choose suitable candidates for a particular position at the right time. Selection is a process which aims to assess and appoint individuals (Bratton and Gold, 2012). Recruitment and selection processes are integrated activities (Newell, 2014).In the pursuit of developing the business and greatly surpassing other companies in the human resource management sector, it is necessary for the company to enhance recruitment and selection ability through differentRead MoreRecruitment and Selection2281 Words   |  10 Pa gesappropriate recruitment and selection methods? Discuss how process of interviewing can be improved in organisation to strengthen the validity and reliability of the method. In the era of globalisation and fast changing business conditions, organisations are looking for effective management and employee recruitment and selection. The current situation demands a complete strategic approach to HRM. Therefore it is important to look at the traditional methods and modern approach in the recruitment and selectionRead Morerecruitment and selection process1124 Words   |  5 Pagesproposal on RECRUITMENT AND SELECTION PROCESS OF MOE (Ministry of Education) By Benafsha Musafirzada Supervised By Nisar Khan Sir موØ ³Ã˜ ³Ã›â‚¬ Ø ªÃ˜ ­Ã˜ µÃ›Å'Ù„Ø §Ã˜ ª Ø ¹Ã˜ §Ã™â€žÃ›Å' Ø ±Ãš ¼Ã˜ § RANA Institute of Higher Studies 2014 RECRUITMENT AND SELECTION PROCESS OF MOE (Ministry of Education) INTRODUCTION 1.1 Background of the Study This project is titled as study of Recruitment and Selection Process of MOE. In this project the readers will come to know about the process of Recruitment and SelectionRead MoreRecruitment and Selection Essay771 Words   |  4 PagesThere are four major types of legislation that affect recruitment and selection in a non-unionized workplace within Alberta. Those types of legislation being: †¢ Constitutional law †¢ Human Rights law †¢ Employment Equity legislation and †¢ Labour law/employment standards and related legislation Constitutional law as a whole is the supreme law of Canada and has precedence over all other legal means; it consists of a series of Acts and orders passed since 1867 by the BritishRead MoreThe Recruitment And Selection Process Essay1696 Words   |  7 PagesOne reason why the recruitment and selection process is important is because the future success of the salesforce, as well as the firm, all depends on the recruitment of staff that is highly and rightly qualified for certain positions within the firm. The stage of recruitment and selection is very necessary because for example, it would be very costly and effect the firm negatively if someone is recruited and they don’t possess the necessary skills and qualifications for the jobs. The competence

The Relevance of the Literature of Renaissance In the...

The Relevance of the Literature of Renaissance In the Twenty-First Century In many ways the age of Renaissance was similar to the times we live in. It was the beginning of the modern era which saw a revolution in almost every aspect of life: living became prosperous for the average people, a new money-based economy was being built. Geniuses were producing scientific inventions which were improving the quality of life. The printing press created a media revolution. It was the epoch of an immense increase in knowledge of the world, the time of far-reaching voyages of exploration leading to India, the New World, Far East and Egypt - ‘to seek new worlds for gold, for praise, for glory’, as Sir Walter†¦show more content†¦Why does Macbeth decide to murder Duncan and why is he not satisfied with his high social position? Because his problem is that he is too ambitious. He wants to become king and he refers to that yearning as ambition: I have no spur To prick the sides of my intent, but only Vaulting ambition, which oerleaps itself And falls on the other. Macbeth is fascinated with the idea of being a king but he is also aware of the disastrous price he will have to pay. He suffers a powerful tension between his desire and his moral sense. But once his imagination shows him the possibility, he is not able to shrug the desire off. It is one of Lady Macbeth’s functions to keep this vision alive, when she taunts him to act in response to his desires and urges him to be more of a man. She cannot be blamed for his actions though, as he freely chooses to kill Duncan, and even before committing the crime he knows what consequences this deed will bring. At the same time, he cannot live with what he has done and remain the same person. The killing is continued, bringing even greater suffering on Macbeth as he tries to remove the moral distress. We witness his gradual dehumanization when he continues to murder in order to get peace of mind, but instead he loses everything life has to offer: To-morrow, and to-morrow, and to-morrow, Creeps in thisShow MoreRelatedCrictical Examination of the Main Features Renaissance Humanism1817 Words   |  8 Pagesthe thoughts and general lives of the people. One of such periods is the renaissance humanism. The renaissance humanism is a term used to designate a period in history that is so spectacular and significant owing to its evolutionary of features. Renaissance here serves as an adjective to the word humanism; not any other type of humanism but the humanism of the renaissance period. This period falls from 14th to 16th century AD. The Church is and shall always be a society within a society. The relatednessRead MoreThe Lost Generation Analysis1251 Words   |  6 PagesPart 1 â€Å"American Literature and Fiction of the Lost Generation (1900-1929)† The â€Å"Lost Generation†, in the field of literature, refers to a group of, American writers who, came of age, while the country was in the throes of WW1. The term was coined by Gertrude Stein and popularized by, Ernest Hemingway, (Figure 1) and is meant to refer to the fact that the values it inherited, held little relevance in the postwar world, (Encyclopà ¦dia Britannica). Figure 1 Ernest Hemingway shown at hisRead MoreEssay about Cultural Awareness the Country of Italy1983 Words   |  8 PagesItaly has a rich history at about 600 BC the Etruscans established thriving small cities in and around northern and central Italy; this would lay the foundation for what was to come much later. At around 260 BC, the first of what would be three major wars, called the Punic War took place between a ferocious sworn enemy the city-state of Carthage, which was located in what, is today parts of Tunisia, Algeria, Libya, Morocco, Spain, Portugal, Gibraltar, Italy, France, and Malta. Carthage was powerfulRead MoreThe United States : Paragon Of Postmodernism Or Prematurely1769 Words   |  8 PagesUnited States. The movements for this time were heavily influenced by the writings and ideas expounded upon by earlier Americans. Many authors, during the Harlem Renaissance of the 1920’s especially, greatly impacted later authors. Langston Hughes was one such author that was heavily influenced by the mindset during the Harlem Renaissance and the issues people of color faced pre-Civil Rights movement. The poem Harlem, from his 1951 poem collection Montage of a Dream Deferred, demonstrates how surplusRead MoreOnline Degree Programs: The Only Option for Busy Adult Learners2684 Words   |  11 PagesOnline instruction is referred to as teaching and learning that is mediated by a computer (Jones, 1997). Although the motivation for enrollment and retention in an online program for adult students is discussed in the literature review, the types of instruction may vary from simple correspondence or asynchronous communication through electronic mail, chat rooms for classroom discussion, and video-taped classes. Online programs and virtual universities are an answer to adult students who are veryRead MoreEssay about Summary of History of Graphic Design by Meggs14945 Words   |  60 Pagescaves, including the Lascaux caves in Southern France. - Early pictures were made for survival and for utilitarian and ritualistic purposes. - Petroglyphs are carved or scratched signs on rock. - These images became symbols for what would be the first spokenlanguage. - Cuneiform – Wedged shaped writing, created in 3000BC. Started as pictographs. - With the discovery of cuneiform, there was a knowledge explosion, where libraries were organized filling with tablets about religion, mathematicsRead More The Bildungsroman Genre Essay4241 Words   |  17 Pagesnovels explored people’s emotions and the process of maturing. The bildungsroman is a class of novel that arouse in German literature but later became a worldwide genre. It deals with the theme of someone’s growth as a person from childhood to maturity. The relevance of such a genre is clear if one notices that much of the most significant fiction in the last two centuries has taken this form and, therefore, constitute part of the history of the novel in the world. Great Expectations (1860-1861)Read MoreHistory of Transgender9448 Words   |  38 Pages‘third sex’ categories. 3 Some specifics of gender transitions. 5 Part I: Sexology begins. Transgender Identities before the 19th century 7 The early 19th century: Enters forensic psychiatry 7 The late nineteenth century: Inverts turn to Experts. Enters sexology and the empirical case history. 8 Part II: Early 20th century The rise of Psychoanalysis and its denial of transgender identities Developments in Medical technology. 10 Psycho-analysis’ erasure ofRead More A Theological Perspective of the Clash of Civilizations Essay7154 Words   |  29 Pagesdevelopments than any alternative paradigm.†8 Indeed, there are alternative paradigms that compete with Huntington’s civilizational model in an attempt to explain what is going on in our world today. So, before I elaborate on Huntington’s proposal, let me first sketch four other ways thoughtful observers understand the dynamics of contemporary global politics. The â€Å"End of History,† One World, Euphoria, and Harmony Model One widely held perspective was that the end of the Cold War meant the end of significantRead More Emotional intelligence: The rapprochement of reason and emotion5515 Words   |  23 Pagesvalidity and relevance of emotional intelligence (where did those refs go). The modern interest in emotional intelligence stems from a dialectic in the field of human abilities research that resonates with the same tones as that of the centuries long reason vs. emotion debate. The conflict between reason and emotion The tension between exclusively cognitive views of what it means to be intelligent and broader ones that include a positive role for the emotions can be traced back many centuries. For centuries

Business Information Systems Through the Application of ICT

Question: Discuss about the Business Information Systems ICT. Answer: Introduction An Information system consists of an organized group of components that collect, organize, store and communicate information. Business information systems are the applications and programs that have been built to enable business digitize business processes, activities as well as outputs through the application of ICT. This report attempts to discuss the importance of information systems to businesses and their challenges to SMEs. The report will also touch on cloud computing, cloud services as well as recommendations to SMEs for implementing successful cloud computing. Necessity of information systems to todays business Operational excellence to achieve high efficiency and productivity levels, businesses ought to utilize information systems on a daily basis. For world-class operations using an information system, an organization ought to adopt proper business practices as well as ensuring that its managers are supportive of their adoption (Laudon and Laudon, 2014). Addition or implementation of new products and services adoption of information systems enable a business to implement and add new products or services eg Apple Inc built iPod through which it was able to distribute and sell music online (Laudon and Laudon, 2014). Promotion of customer and supplier relationship with the business if a business is able to properly understand its customers, it is then able to serve them well. This increases customer loyalty and hence continuous revenues and profits. Also with the supplier, increased engagement with them ensures a continuous supply of important inputs. To attain a reliable relationship with customers and suppliers, an information system would be imperative to include in the business. For example; high-end hotels have adopted the use of computers in to be able to track preferences of their guests such as check-in hour, temperatures in their rooms, favorite foods etc. The information systems are able to generate data which is analyzed by the hotel for targeted advertising (Laudon and Laudon, 2014). Decision making information systems are capable of providing a business with real time data which enables the management to make proper decisions such as to reduce or increase production as well as where to allocate resources depending on performance. Survival - information systems are themselves a necessity for doing business. These include ATMs in banks as well as X-Ray machines in hospitals (Laudon and Laudon, 2014). Trends in the business environment that make information systems essential Growth of cloud computing the emergence and growth of Software as a Service (SaaS) has been one of the major trends in the business environment necessitating the adoption of information systems. Tasks are now being performed by using applications and programs hosted on remote computers Big data this has led to the need for tools specialized in data management and handling. Huge volumes of data are being generated on a daily basis and this includes web traffic, social media as well as emails and documents generated by users or employees. Growth of mobile digital platforms these have emerged to compete with the desktop and personal computers as the next digital frontiers. For example, Apples iPhone and Googles Android devices such as phones, tablets/iPads are capable of downloading a large number of applications which support communication, services that are based on location and collaboration among teams within a business (Laudon and Laudon, 2014). Management challenges Information systems investment this involves organizations trying to obtain business related value from their information systems investment. The management of a business is always faced with the challenge of making proper returns from the information systems they have invested in. Strategic business this challenge involves trying to find out the complementary resources and assets which an organization requires in order to efficiently utilize information systems. Globalization this involves the attempt to understand the requirements of a system in global economic context or environment. Increase and growth of the international trade has led to the need for information systems that can support buying and selling in different countries. Considering the differences in culture especially language and politics, a business is forced to develop or purchase multinational software that consists of transnational processes that may be risky to transmit on international networks. IT Infrastructure investment challenge considering the rapid rate at which information technology is changing, the management is facing challenges in investing in information technology infrastructure which can still support the organizations goals in the face of the rapid changes. It is difficult to create digital infrastructure considering that operations in an organization are handled by different versions of computer hardware and software which may not be compatible. Ethics and security challenge this involves responsibility and control of information systems. The management is faced with the task of ensuring that once the information systems have been installed, they are used in an ethical and responsible manner as well as enabling people to control and understand them. Installation of information systems in an organization have led to new problems pertaining to ethics and security. They include threats to privacy of individuals who interact with the systems such as customers and suppliers. Other problems include intellectual property, health problems that are related to repeated use of computers, cyber crimes as well as loss of jobs. There is a persistent struggle in majority of organizations in trying to maintain security of their information systems. This includes protecting them from access by unauthorized outsiders, ensuring safety of inputs and protecting sending of wrong outputs (Samiappan, 2010). Cloud computing This is the consumption of computing resources over the Internet or remotely instead of building and maintaining computing resources locally (Bigelow, 2016). Types of cloud services Everything as a Service this is provided to all hardware and software users in order to control processes pertaining to their businesses. This includes interaction between customers as well as users or employees of the organization. Infrastructure as a Service this consists of computing infrastructure provided to the users of ZCM and it consists of virtual computing platforms which are networked for ease in access by users. Platform as a Service consists of the operating system and necessary software for success execution of business processes at ZCM. Software as a Service this involves deploying software that users at ZCM would need to use on remote servers instead of local servers. Hardware as a Service this is where ZCM will lease remote hardware for their use. Workplace as a Service ZCM can use this service to organize employee activities by through installation of necessary software required by the ZCM personel Data as a Service this consists of provision to ZCM of a storage space. They can use this space to store or backup large amounts of information imperative to them. Security as a Service Security as a service is provided thus helping their clients to save on the costs of installing and maintaining their own security systems. Therefore, ZCM products utilizing the web can easily be secured with the latest security systems which are up-to-date. (Ganore, 2012) Recommendations for implementing a successful Cloud computing for SMEs First finding out how the cloud service provider keeps data secure for the SME when an SME decides to use a cloud service, it should take upon itself to find out how secure is its data in the cloud. Most of the cloud computing service providers usually have complied with international standards of security including having personnel who are dedicated as well as qualified in security maintenance and troubleshooting. These service providers also have top-of-the-range security devices and procedures that are usually better than an IT departments security measures. Therefore, SME ought to review the security standards employed by the cloud service provider in order to be safe. Deciding on the data to be moved to the cloud this will involve an SME conducting a review internally with the stakeholders in order to identify what data to move to the cloud with respect to the vendors standards related to security and privacy compared to those of the SME. Reviewing the service level agreement the most important consideration to make would be on the guarantees available in the event of service outage. It is advisable to consider using more than one cloud service provider or using a service provider who has the services hosted across multiple regions. Development of a backup and disaster recovery plan data backup and/or redundancy should be well planned in order to ensure data is safeguarded in the event of a disaster. It is advisable to adopt those companies that enable regular export and secure backup in the cloud. Ensuring compliance with available privacy requirements the SME ought to ensure compliance with the regulations pertaining to the data hosted in servers within a country as well as those outside the country. (Galonis, 2011) Conclusion This report provides a discussion on information systems in business and cloud computing among SMEs. Considering that modern customers are tech savvy, it is important for business to shift to digital business practices in order to reap benefits of using information systems among clients who are knowledgeable of their importance and power. 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