...Technology in Accounting Rabbit XACC/210 - Accounting Information Systems 08/18/2013 Gregory Ellis Technology in Accounting Information systems are changing various aspects of the accounting profession by dictating the ways that businesses operate. Before the use of computers, or AIS, accountants had to use hand-written ledgers and spreadsheets to keep track of business records. This old method of accounting took hours of time, cases of paperwork, and cost the businesses extra money. If an employer needed to found out information on payroll or inventory, they would have to shuffle through cases and files of paperwork. The more time it took to do this, the more money the employer lost. The businesses that can quickly process raw data and display the information managers require, gain a competitive advantage over companies that lack to ability to move data efficiently through the organization. Accounting information systems have sped up the time that it takes for an accountant to view or change crucial data. Accounting information systems are used to perform tasks in such areas as payroll, accounts receivable, accounts payable, inventory, and budgeting in real-time. It is important for any accountant to stay current with all of the new technological advances. According to “Bagranoff, N. A., Simkin, M. G., & Norman, C. S.” (2010), “Career opportunities abound for those with a solid foundation in Accounting Information Systems, including traditional...
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...For Companies Both Big and Small Case study Abstract This paper is about the case study of two companies: CPS energy, a Texas- based company and Lloyd’s construction, a Minnesota based company. To put it briefly, these companies, at the time had a problem with implementing new technology at the office. They encountered resistance from employees. And compared to their competitors, they were not productive enough and were far behind in terms of efficiency. Relating to this I have prepared why people resist change and proposed some effective strategies to deal with them. The paper gives a detail understanding of the two company’s situation and how they could also have solved it. Introduction Technology is truly a boon when you know about it and use it. But it becomes a curse when you can’t. That is the bitter truth about technology. And sadly one of the very prominent reason some business fail is because of lack of investment in technology (Bower & Christensen, 1995). This specially happens among companies which have their history and reputation in the society while using their traditional methods or equipments. This case study is the same. CPS energy is a Texas-based, energy providing company owned by the municipal of the region. A decade ago, they had roughly 4000 workforce, providing its services to the community and riding the road to riches (Markas, 2013). Their customers and workforce were satisfied. But from a different perspective, it was very clear that...
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...devices to be added into our lifestyle. For example, touchscreen devices like iPod, iPad, Samsung Tab and etc are used to check emails, surf the Internet, connect with people, either for work purpose or personal purpose, and also used in education purposes in pre-school and colleges. Anderson mentioned this in his research in 1999, “The computer has become recognized tool in education of young children, particularly where it is used to promote problem-solving skills and social interactions amongst children” However in Romeo’s report, it has been said that computers play an important role and are important in young children’s lives, National Association for the Education of Young Children’s (NAEYC) had positioned a statement on the use of technology in education lives by young children in year 1996. The NAEYC suggested that young children be provided with opportunities...
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...of the internet and why is it important to the m-commerce technology? 8 second rule: a webpage has to be loaded completely in less than 8 seconds in order not to bother internet users who feel frustration while they are waiting Application to the m-commerce technology: since it is a new technology and we will see that users have many concerns about it, phone service providers need to offer fast connection Especially since the current technology isn’t stable and reliable enough, especially in big western cities where it is most important Question 2: Why might it be useful to m-commerce providers to have records of their users’ purchase histories? Through the use of cookies during online navigation, users are “customizing” their use of the internet which allows them to have quicker and easier navigation (automatically fulfilled) This also allows providers to get a lot of information about customers Three main purposes of having records: * Customer Relationship Management * Targeted advertising * Geographic localization Question 3: What is the biggest concern most cell phone users have about using m-commerce services? What are some other concerns? * Unsafe electronic payments * Improper use of personal data * Data gathering as a liability for users * Privacy violations Question 4: Why are technology advances such as pseudowires and MPLS technology important to increasing backhaul capacity? Try to research these technologies using outside sources...
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...disruptive innovation. Firstly I will write about what dualism is, why it is important and how to achieve it. I will continue with describing difficulties, which may occur on a company’s path towards it, namely overshooting and inability to recognize the start of a new industry cycle. Further on, I will go deeper in the reasons, why incumbents fail to recognize the new entrants on the market, specifically “attack from below” and other discontinuous patterns of change. In the end I will describe some of the responses taken by established companies to disruptive technologies. In today’s world when competition is such a big factor, organizations must face the paradoxical challenges of "dualism" to be able to compete in long term. Dualism means being able of functioning efficiently today while innovating effectively for tomorrow. To compete in the long term, every corporation must understand and manage both sets of concerns simultaneously. (Paap, Katz, 2004) If the companies do not manage to face the challenges of dualism, they make themselves potential victims of disruptive technologies. Hence, achieving dualism means successfully surviving disruptive technologies. The first step a company has to make towards that is recognising them, but why it is so difficult for incumbents to recognise disruptive technologies? A limitation companies face in process of achieving dualism is overlooking the emergence of new markets. In fact, even though managers spend a lot of time trying...
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...that mankind has developed society and created a better world. We could say that technology is the sum total of instrumentally useful culturally-transmissible information. Technology is a word used to collectively describe or portray the advancements, abilities, creations, undertakings, views, and knowledge of a singular group of persons: we as human-kind. When there is talk about the relationships between technology and humanity, it is evident that we have to deal with the interrelations between some very complex phenomena. Technology, science, society or systems of societies, and systems of rights of a universal nature. The discovery and development of a large number of powerful energy sources-coal, petroleum, electricity etc. have enabled humanity to conquer the barriers of nature. All this has facilitates the growth of fast modes of transport, which in turn has transformed the world into a global village. In the “old days”, we used phones for talking to each other. That was it. Not for texting. Not for browsing the web. And not for playing Angry Birds (a nightmare, I know). In the past, technology was a bonus, not a necessity. We did not rely on technology to get from point A to point B. We did not rely on technology to tell us the phone number of the local bar. And we surely didn’t rely on technology for entertainment. Today, however, this is far from true. We absolutely need technology. Without it, our society would crumble at its’ feet, where it stands right now...
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...Lyndsey Kessler English 4A 24th Nov. 2014 Mrs. Nills Biomedical Technology: Today’s Experiments Tomorrow’s Medicine I am sure you have heard of mammograms and MRIs, but did you know that they are a part of biomedical technology? Biomedical technology is any medical imaging device or a medical practice that involves biology or technology. Some people do not believe in biomedical technology because they say it had not been proven safe or effective, but it has already saved lives. This is why biomedical technology should be used in medical practices My first reason is that biomedical technology could help save many lives. This technology has the potential to cure many diseases, one example is that scientists have found that stem cells can become a wide variety of specialized cells, this could help cure Alzheimer’s. They also have the potential to help people that are paralyzed. Biomedical technology has already found ways to detect and cure many life threatening diseases. With mammograms and MRIs doctors can detect breast cancer along with other diseases much faster than they have been able to in the past. This could potentially help cure those who are diagnosed. My second reason is that biomedical technology can increase treatment options. Since mammograms and MRIs help detect diseases sooner there are many different ways to treat these diseases some of which may not be as severe. For example instead of doing radiation for cancer right away you could undergo surgery to...
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...54: Traditional and New Media, considering the statement that “technologies are simply tools” answer the following questions or prompts. A) Explain how that statement relates to the key words describing new media: manipulate, converge, and instant. To better understand the connection, consider that taking a class online is not a different class, it’s simply offered in a different format—a format that uses technology to aid in teaching the course. The statement “technologies are simply tools” from 21st Century Communication: A Reference Handbook: Chapter 54: Traditional and New Media relates to the new media terms manipulate, converge and instant very literally. As new forms of technology emerge, they become tools providing new was to manipulate, converge and instantly transmit different forms of media. New technology has allowed media to be manipulated in a multitude of ways since its previous renditions. A CD is much easier to burn and create than it was to make an analog disk. Media can be digitized thanks to new technologies and through that manipulation can be presented differently. In the same breath as the physical forms and presentation of media have been able to be manipulated so has the types of media that can be presented. Convergence represents the changing of one type of media to another. One of the ways the principle of convergence manifests itself is through digital telephone calls. This practice has become so common because of new technologies that it’s offered...
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...INFORMATION TECHNOLOGY AND CRIME: AN ANALYSIS 1.Introduction In the era of technology all activities are being conducted with the help of technology in all over the world. Now it is considered that ‘information is power’ and so the widely used term ‘information’ is combined with ‘technology’ that encompasses the term ‘information technology’. Information technology generally means processing and distribution of data using computer hardware and software, telecommunications and digital electronics. So the common medium of information technology is computer, internet, and mostly used cellular phone. This system helps us take the optimum benefit from this ‘Global Ocean of knowledge’ that much our every day needs. The strength of internet in which everybody’s knowledge is open for use by everybody within a global village for better living standards. On the other hand crime is a social and economic phenomenon and is as old as the human society has become a legal concept and has the sanction of the law. So in combination the term of information technology and crime if positive relation then makes a definition that information technological crime is those facts which is made by digital way getting economical and social benefit illegally and legally prohibited by law, on the other hand if opposite relation then make definition is a method if reducing crime by digital way in the digital era. From the view of positive technology stimulates not only a free trade and economic...
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...Answer: TRUE Diff: 2 Page Ref: 5 AACSB: Information technology CASE: Comprehension Learning Objective: 1 - How are information systems transforming business, and what is their relationship to globalization? 2) A business model describes how a company produces, delivers, and sells a product or service to create wealth. Answer: TRUE Diff: 1 Page Ref: 11 AACSB: Application of knowledge CASE: Comprehension Learning Objective: 2 - Why are information systems so essential for running and managing a business today? 3) Information systems consists of all the hardware and software that a firm needs to use in order to achieve its business objectives. Answer: FALSE Diff: 2 Page Ref: 13 AACSB: Information technology CASE: Comprehension Learning Objective: 3 - What exactly is an information system? How does it work? What are its people, organizational, and technology components? 4) An extranet is a private intranet extended to authorized users outside the organization. Answer: TRUE Diff: 1 Page Ref: 17 AACSB: Information technology CASE: Comprehension Learning Objective: 3 - What exactly is an information system? How does it work? What are its people, organizational, and technology components? 5) Information systems literacy describes the behavioral approach to information systems, while computer literacy describes the technical approach. Answer: FALSE Diff: 1 Page Ref: 15 AACSB: Information technology CASE: Comprehension Learning Objective: 3 - What exactly...
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...town close to Sheffield which is called Rotherham it’s a small town which can only hold a few thousands. I am aged 25 and I have recently met this Gentlemen aged 27 I have fell in love with him he was is so sweet to me and kind and I have always trusted him for the past few years he’s been miserable please tell me how to make him love me again? Imad Says: Take advantage of new technology; text and send e-cards. With so many of us pressed for time, why not use technology to “keep in touch” during the day. A compliment, an affection or a quick “Hello, You are being thought of” via text can spark anyone’s day. E-cards are fast, and convenient. There are many sites that allow you to send them for free. You can find any type of sentiment from cute and funny, to serious and romantic or teasingly sexy. The bonus is that you can include a personal message along with it if you’d like. Hold hands, hug and give quick kisses often. Nothing is as good for the soul and the emotional health of a person as the human touch. As teenagers, we hold hands, give quick kisses as hello and goodbye and cuddle as we sit close. Why not keep that sense of youth no matter how old we are or how long we have been have together as a couple? Holding hands keeps a connection and closeness, no matter what we are doing. An enthusiastic hug uplifts us; a quick kiss says “glad to see you”. You must convince your husband to take you for a date often this is a good thing for you and him it makes a relationship fresh...
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... Objectives: After reading this chapter, you will be able to: 1. Explain why information systems are so important today for business and management. 2. Evaluate the role of information systems in today’s competitive business environment. 3. Assess the impact of the Internet and Internet technology on business and government. 4. Define an information system from both a technical and business perspective and distinguish between computer literacy and information systems literacy. 5. Identify the major management challenges to building and using information systems. Discussion Questions: 1. Why is it important to understand the difference between computer literacy and information literacy? 2. Discuss the three elements of an information system (hardware, software and persware) that managers must consider. Which of the three do you consider the most important? 3. What are some of the new roles information systems are playing in organizations? 4. Discuss the changes in the business environment brought about by technology in the last five years. Use Table 1-1 and your own personal experiences to formulate your answer. Managing the Digital Firm Computers are changing every aspect of our lives from entertainment to shopping, from the work we do and where we do it, to how we communicate with friends and relatives. Even though we are still hearing negative news about the dot-com bubble from the late 1990s through 2001, the death of the Internet...
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... Professor Robert .H. Hacker Lessons Learnt: The Innovator’s Dilemma One would think channeling huge resources into research, making as few mistakes as possible and managing better would keep a company head and shoulders ahead of its competition, a pacesetter in its industry and thereby guarantee its future; but history suggests this is not always the case. As consumers and on lookers, we usually do not know the reason for the demise of these heavyweights, we guess and ponder and speculate but the innovator’s dilemma has succeeded in removing the veil from our eyes. It take us into the inner workings of industries, makes a very plausible case for technological change as a big factor in the survival of a company, why it would seem logical for a startup to outpace and outlive its predecessor with deep pockets. It presents a different perspective to common knowledge of what it takes to excel as an organization, an archetype to deal with technological change and most importantly for me, what to concentrate on as a potential entrepreneur, possible advantages a startup can have and slip ups by huge predecessors I can leverage upon. Below are...
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...Elia Aguirre December 4, 2013 Is technology good or bad for the world? Technology has changed a lot through out time, affecting everyone around it. I do agree that there are many positive things that technology has done to us, but the negative overcome them. Technology can create but is also able to destroy. In this essay I will analyze some of the effects that technology has in the world today. The more advanced technology get the less control humans have over it. Technology cause many students to be distracted in class, because of it most teenagers are more worried about texting in class or playing an online game than what the teacher is actually saying. America is ranked very low in Education even tough they often say how important it is for them. Could the problem be technology? In an algebra class for example, all students mostly do is learn how to use a calculator properly. Half of the students could not do any of the problems without using one. Therefore the students are just unable to think on their own. Many say that technology will affect our education system in a positive way, while Jefrey R. Young writes, “The: result: Students say technology actually makes some of their professors less effective than they would be if they stuck to a lecture at the chalkboard.” This shows how it even affects the teachers, since they are so worried in figuring out how to work Microsoft, or some spending so much time online they loose focus on their students. It is harder for parents...
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...knowledge The domain of science Applying knowledge. The domain of technology. There are two basic issues about knowledge: Source: Betz (2011) Prepared by Chi-Yo Huang, Ph.D. 1 Prepared by Chi-Yo Huang, Ph.D. 3 Contents Introduction (2) Introduction Timeline of Science, Technology, and Industrialization Innovation Process Technology and Wealth Technical Savvy and Financial Savvy Technical Personnel and Business Personnel 2 There is a difference between technology and scientific technology Technologies are the "how" to do something E.g. 天工開物 Science is the "why" of something. So scientific technologies are both the how and why something can be done in nature. Science understands nature. Scientific technology manipulates nature. (Scientific technology: the technology invented upon a science base of knowledge that explains why the technology work) Prepared by Chi-Yo Huang, Ph.D. Prepared by Chi-Yo Huang, Ph.D. 4 Introduction (3) Introduction (5) The basis for our modern age, characterized by So many new technologies and Rapid technological progress, The study of these (science to technology to economy) connections is is the science base of modern technologies (or scientific technology). The focus of the topic of technological innovation. The field of management of technology (MOT) studies the principles of innovation, Describing the general...
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