Executive Summary Essay Example | Topics and Well Written Essays - 500 words - 11

Executive Summary - Essay Example SAP Business One is a fully integrated business management solution that boosts functionality across all departments. First, ProCons is a master value-added reseller of business solutions across the MENA region, which reinforces Al Jassim Group reputation. It is a global partner and a world leader in IT solutions with offices in Beirut, Dubai, KSA, Qatar, and Kuwait. ProCons consists of a team of experienced multi-lingual consultants that can swiftly implement the solution. Secondly, Karani Mohamed Farooq, group finance manager states that the group has been using an accounting system for years and that the upgrade of the powerful tool will support the group’s organic growth. In addition, the new system will support across boarder business as planned by the group. Thirdly, although the group had many options to choose from, they chose ProCons SAP Business One model because it promised data reliability, integrity, scalability, dependency, user friendliness, and back up support. I would evaluate my system and establish if it will enable the company to compete effectively with the beefed up competition form my competitors. I would establish specific areas that have a problem and compare different systems that can suit this area. This evaluation will also enable the company to determine if there is need for a complete change of the entire system or just part of the system. Consultations with an IT expert can help analyse the current position of the company’s competitive edge and the need for a new system. Later, the company will need to examine its current financial status to establish if it can afford a new system if there is need for one. If I were in charge of this change, I would make sure that the company is not just getting a reliable system but one with the customer in mind. That is, a survey needed to precede this implementation to accommodate most royal customer’s views. This may include a system that will allow them to make a saving for their

Macroeconomics- methods of Economic growth for Singapore and Hong Kong Essay

Macroeconomics- methods of Economic growth for Singapore and Hong Kong - Essay Example The prices of goods offered by the economy have determination in a free price system (McEachern, 2012). The nations should look for the products and services that people are interested and focus on building them. Today, large nations that control the world’s trade depend on market economy since it is where they control and participate in both exports and exports. Singapore and Hong Kong are some of the new nations that have come of age and adopting the market economy to not only increase their competitiveness but also give it an economic advantage. Additionally, taxation laws are another way both Hong Kong and Singapore can use to encourage economic growth. If the economies do not give enough tax, they will not be able to supply the infrastructure and services they need to keep existing businesses or attract new ones. Investment in infrastructure and human capital – safe and modern infrastructure guarantees investments in the country. Any country with a high number of investors leads to more exports from the country. Better investments, thus result in the growth of the economy of the nations (McEachern, 2012). The roads in Singapore and Hong Kong are of high quality thus offer quick and efficient transport system for the goods and services. Besides, improved infrastructures attract investors and reduce the cost of production. Availability of cheap electricity and enhanced road network is paramount to opening interior areas as they have potential when reach. Some of the newly industrialized nations managed to reach the stage because of the developed infrastructure. Similarly, availability of human capital is vital is any economy because it determines the input required towards higher production. For instance, any nation that wants to attract investors must ensure that it provides personnel that assist in the daily running of the institutions as well as firms that have been