Unit_1_assignment_kassandra_favre

Unit 1 assignment Kassandra Favre Purdue Global University 11/21/2023

Strengt hs Weaknes ses Opportunit ies Threat s Being near a high school has its perks since it will keep a young presence in the facility. It is located in a decent location on the main street. Keeping the building well maintained is a must for the long run of the business. Having the same staff is always a bonus seems to make people feel a sense of welcoming. The fact that it is not within walking distance of the train may make it more difficult. The locker rooms being small could pose an issue depending on how many subscriptions the business allows at any given time. Offering more classes would help bring in some business. Having to purchase a 6- month membership without the possibility of maybe getting at least a day pass to try it out seems a little harsh and could make some people not want to give it a try. Social media such as Tik Tok, Twitter, Instagram, and Facebook would poses a plethora of opportunity. It not only would give you a wider reach it would help you get those who live in the city and just do not know you are here. Also being close to the local high school having social media would attract attention from those close as well. Being on main street is an advantage with setting signs up outside maybe even hosting an event giving everyone with or without a membership access to attend. Mainly the pool on the other end of town would attract some potential clients. Having to take a bus because it is not within walking distance could also pose a threat to business. Not being on social media holds a huge threat mainly because no one knows the place exists. Including a juice/coffee bar is a fantastic idea. Having the There could be things the competitor is doing such as social media. Host an event on a day that would normally be a slow traffic day. Open to the public Lack of coverage of these events or deals would be negative

An Executive Information System (ESS) is a type of dedicated management information system for the highest-level executives. An ESS gathers and analyzes data from several different sources to generate immediate reports and dashboards. This helps executives observe and see the key performance indicators, identify trends, and this in turn allows them to make informed decisions in a timely manner. For example, the CEO of a company could use an ESS to monitor sales figures, analyze market share data, and evaluate the efficacy of marketing promotions. ( Leidner, 93/94). A Decision Support System (DSS) is an information system that helps managers to make more informed decisions. A DSS system uses complex analytical models to assess large amounts of data from numerous sources and organize it in an important way. DSS has interactive interfaces that allow users to discover different scenarios, perform "what-if" analysis, and gauge the potential outcomes for numerous alternatives. For example, a financial manager may use a DSS to evaluate the different investment options based on the different assumptions. ( Andry, 2023). A Management Information Systems (MIS) is a computerized system that collects, processes, stores, and distributes information required by managers. MIS provides regular reports and summaries taken from structured data along with being collected from various operational systems. MIS supports management functions such as planning, organizing, controlling, and decision-making. It does this by providing accurate information in a timely manner. An example of MIS would be something such as an inventory management system. One that generates regular reports on stock levels, reorder points, and supplier performance. ( Elrod , 2022).

A Transaction Processing System (TPS) is a computer-based system that shows detailed information about day-to-day business transactions. These include sales orders, payments, and inventory updates. TPS verifying and logging transactions in real-time, ensures accuracy, entirety, and timeliness of data. It supports essential business functions such as order processing, billing, and payroll processing and is critical for organizations. For example, a store such as Marshall’s point-of-sale system that records sales transactions and updates inventory levels can be considered a TPS. ( Takahara , 2005). Artificial Intelligence (AI) are machines simulating human intelligence. AI simulates human intelligence to enable the machines to perform tasks that require some intelligence. Expert Systems are a subset of AI that solves multi-step problems or could possibly provide expert advice in specific areas. AI is mimicking the human decision-making process. For example, a medical diagnosis system could use AI along with skilled system technologies to analyze the patient’s symptoms and medical history. Then it could research all the sources available to suggest any potential diagnoses along with treatment options constructed by cases that were similar. (SR, 2023).