Sunday, February 23, 2020

System Development Plan for The Fitness Centre Case Study

System Development Plan for The Fitness Centre - Case Study Example For example, according to one definition, an information system is an organized collection, storage, and presentation system of data and other knowledge for decision making, progress reporting, and for planning and evaluation of programs. It can be either manual or computerized, or a combination of both. In the light of the above introduction of the information system given above, it would be suffice to say that the purpose of this system is to design an information system that not only stores the concerned information, but also organize it, manage it and disseminates it in such a manner that it helps in the effective decision making in the organization and in achieving the organizational objectives. Here the term 'concerned information' refers to the information that is supposed to be used by this information system, which is the data related various fitness activities from the dimension of the members, fitness consultants etc. It is the goal of the fitness centre to be innovative in practice, excellent in service and first choice for the customers. There were days when it was considered that computers are required for NASA. However, now it is a well accepted fact that the use of information technology is required for any business process, in order to make it effective and gain competitive edge over others. The propose system will be able to facilitate all the stakeholders of the system. This means that on one hand, this system will help the users to keep a record of their activities related to the fitness centre, moreover, it will also help them to access the information directly and easily and doing so with least cost, in terms of time and money. Looking from another perspective, this will also help the management and the organization in a number of ways. For example, the finance and budgeting and planning department will be able to forecast demand and supply for next period and thus, make their plans ac cordingly in the light of the meaningful data provided by the information system. Likewise, the marketing department will be able to develop the marketing strategies in the light of the trends analyzed from the data provided by the information system. In this way, other departments will also be able to utilize the data provided by this system to achieve their own departmental goals, which will ultimately result in the achievement of the organizational goals. In this way, we expect for this system too, what an effective information system should be, in the light of abovementioned discussion. Thus, we expect this system to provide the organization a competitive edge over others, since the information system for the fitness centres is relatively newer concept in the industry and the organization can get the first move advantage. ROLES IN THE PROJECT: The Fitness Centre is required to develop a project team to work for this project from the beginning to the end. It is however possible, in fact required, that the composition of such project team needs to be changed as the project progresses. Such project team would be the cross functional team comprising of stakeholders from

Friday, February 7, 2020

Money laundering and the use of abusive tax havens may be Essay

Money laundering and the use of abusive tax havens may be - Essay Example (Scott-Jyont, 2002). Examples of money laundering may be seen in the activities of individuals like Sani Abacha and Raul Salinas. Sani Abacha was the late dictator of Nigeria, who was able to divert $1.6 billion of the Nigerian tax payers’ money that was looted from them into large banks in the U.K. and Switzerland, where the large volumes of money that exchange hands almost on a daily basis, make it difficult if not downright impossible, to discover the exact sources of such funds that are placed into the banks by account holders (Scott-Jyont, 2002). Similarly, in the case of Raul Salinas, being the brother of the ex-President of Mexico allowed him the opportunity to loot large amounts of cash, which he then transferred into different countries and banks in order to appropriate the money for himself by obscuring the source, i.e, the Mexican taxpayers’ money. Simser (2006) has carried out a study, the purpose of which was to look into money laundering in general and then specifically examine the issue of money laundering in the context of the Philippines. The author points out that where money laundering is concerned, the Philippines was not formerly a compliant jurisdiction, and initial measures that were taken against money laundering in the Philippines were rejected by the international community. The measures that were finally approved as measures to effectively counter money laundering were (a) setting up a financial intelligence unit (b) strict regulation of financial intermediaries and (c) the provision of criminal and remedial measures, including the use of forfeiture based upon a civil, non conviction mode (Simser, 2006). The author concludes that these provisions have been approved but implementing them is likely to be a challenging prospect in the predominantly corruption ridden atmosphere that characterizes the Philippines. One of the major reasons why individuals or companies seek to hide