Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781337516945
Author: STAIR
Publisher: Cengage
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Chapter 11.2, Problem 1CTQ
Program Plan Intro

Strategic planning:

  • It denotes a process that helps managers identify desired outcomes as well as formulate plans to achieve objectives.
  • It uses the capabilities and resources that are available.
  • The changing nature of organization and surroundings should be considered.
  • It provides a framework and a direction that is clearly defined for guiding decision making at all levels.
  •  It ensures most effective usage by focusing resources based on priorities.
  • It enables organization to be proactive and take advantage of opportunities as well as trends.
  • It enables all units to work together towards common goal.
  • It provides measures to evaluate performances.
  • It improves communication among the organization.

Role of a business liaison person:

  • The business liaison denotes a link of communication between two business entities.
  • It denotes a professional who performs duties of maintaining relationships, exchanging information as well as promoting operations.
  • In the given case, it acts as entity between business and distribution organization.
  • The business liaison is responsible for strategic implementation of solutions.
  • It improves business efficiency while meeting corporate business goals.

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5. RetailItem ClassWrite a class named RetailItem that holds data about an item in a retail store. The class should store the following data in attributes: item description, units in inventory, and price. Once you have written the class, write a program that creates three RetailItem objects and stores the following data in them: Description    Units in Inventory    PriceItem #1    Jacket    12    59.95Item #2    Designer Jeans    40    34.95Item #3    Shirt    20    24.95
Find the Error: class Information:     def __init__(self, name, address, age, phone_number):         self.__name = name         self.__address = address         self.__age = age         self.__phone_number = phone_number   def main():     my_info = Information('John Doe','111 My Street', \                                '555-555-1281')

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Principles of Information Systems (MindTap Course List)

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