Examples of Planned system in the following topics:
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- Examples of centrally planned systems are communist countries, such as North Korea and Cuba.
- Most other countries today are free market economies, with some aspects of a planned system (such as government owned and allocated healthcare).
- In a planned system, the government exerts control over the allocation and distribution of all or some goods and services.
- Central planning by the government dictates which goods or services are produced, how they are produced, and who will receive them.
- In practice, pure communism is practically nonexistent today, and only a few countries (notably North Korea and Cuba) operate under rigid, centrally planned economic systems.
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- The decisive actions are taken, and additional actions are taken to prevent any adverse consequences from becoming problems and starting both systems (problem analysis and decision making) all over again .
- Planning establishes independent goals.
- Planning converts values to action.
- You think twice about the plan and decide what will help advance your plan best.
- The SYSTEM pyramid explains the key leadership attributes for strategic thinking.
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- A communist economic system is an economic system where, in theory, economic decisions are made by the community as a whole.
- His main goal was to abolish capitalism (an economic system ruled by private ownership).
- Labor is allocated according to state plans: in a command planning economy, there is no choice of profession; when a child is in school (from a very early age), a streaming system allocates people into designated industries.
- Private ownership is not possible: under a command planning system an individual cannot own shares, real estate, or any other form of physical or non-physical asset.
- Explain how a communist economic system is representative of a command planned economy
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- The CIO is responsible for new system development, systems operations, and maintenance of existing systems.
- Even small companies will benefit from taking a relatively short time to develop a formal plan for the information systems function.
- In a very small organization an information systems plan can be developed by one or two individuals.
- The important thing is that resources devoted to developing an information systems plan have knowledge of current and emerging information and communications technologies as well as a solid understanding of the organization's strategic plan.
- plans of individual organizational units developed in support of the organization's plan
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- Economic planning in socialism takes a different form than economic planning in capitalist mixed economies.
- In socialism, planning refers to production of use-value directly (planning of production), while in capitalist mixed economies, planning refers to the design of capital accumulation in order to stabilize or increase the efficiency of its process.
- The command economy is distinguished from economic planning.
- Socialism is an economic system characterized by social ownership, control of the means of production, and cooperative management of the economy.
- A socialist economic system would consist of an organization of production to directly satisfy economic demands and human needs, so that goods and services would be produced directly for use instead of for private profit driven by the accumulation of capital.
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- It should also include expectations for risk within the overall IS security plan.
- As we illustrated in Exhibit 41, an Information System is comprised of two sub-systems, a social subsystem and a technical subsystem.
- If you do decide to move forward with computer-based information systems it is wise to develop a plan first, and make sure you are proceeding in an orderly manner.
- There are three general approaches to developing an IS plan.
- Describe the four components of an information system.
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- Compensation systems usually consist of three categories: "base salary, short-term incentive systems, and long-term incentive systems" (Kulik, 2004).
- Reward systems really affect work performance.
- Stock options and profit-sharing plans are representative long-term reward systems (Kulik, 2004).
- "In a profit-sharing plan, employees are promised a payment beyond base pay that is based on company profits" (Kulik, 2004).
- From Mercer survey, "nearly three-quarters of all the companies surveyed had made major changes to their pay plans in just the past two years" (Pfeffer, Six Dangerous Myths About Pay, 2000).
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- Application of engineering principles to the industrial system of the production
- Factory work to be planned, coordinated, and controlled under expert direction
- Information centralized/controlled in planning department, which increases potential for survillance and controlling the production process
- Expert directions by engineers, factory planning, time and motion studies, standardization, and the intensive division of labors
- Taylor proposed a "neat, understandable world in the factory, an organization of men whose acts would be planned, coordinated, and controlled under continuous expert direction. " Factory production was to become a matter of efficient and scientific management—the planning and administration of workers and machines alike as components of one big machine.
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- Time Rate System: Under this system, the worker is paid by the hour, day, week, or month.
- High Wage Plan: Under this plan, a worker is paid a wage rate that is substantially higher than the rate prevailing in the area or in the industry.
- Differential Piece Work System: This system provides for higher rewards to more efficient workers.
- Taylor Differential Piece Work System Merrick Differential Piece Rate System Combination of Time and Piece Work Gantt Task and Bonus System: The system consists of paying a worker on a time basis if he does not attain the standard and on piece basis (high rate) if he does.
- Emerson's Efficiency System: Under this system, minimum time wages are guaranteed.
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- Information technology refers to the convergence of audio-visual and telephone networks with computer networks through a single cable or link system that unifies signal distribution and management.
- Business organizations utilize management information systems (MIS), which combine the use of information technology, people, and data/information to provide tools used in making decisions .
- Management information systems are distinct from other information systems in that they are designed to be used to analyze and facilitate strategic and operational activities in the organization.
- An MIS supports a business' long-range plans, providing performance analysis reports on areas critical to those plans, with feedback mechanisms that improve guidance for every aspect of the enterprise, including recruitment and training.