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Green Computing In Practice: Benefits And Implications

Green computing is the study and practice of using computing resources efficiently. The goals are similar to green chemistry; that is reduce the use of hazardous materials, maximize energy efficiency during the product's lifetime, and promote recyclability or biodegradability of defunct products and factory waste. Taking into consideration the popular use of information technology industry, it has to lead a revolution of sorts by turning green in a manner no industry has ever done before. It is worth emphasizing that this “green technology” should not be just about sound bytes to impress activists but concrete action and organizational policy. Opportunities lie in green technology like never before in history and organizations are seeing it as a way to create new profit centers while trying to help the environmental cause. The plan towards green IT should include new electronic products and services with optimum efficiency and all possible options towards energy savings. ... Read Full Article

Knowledge Management Solutions - The IT Contribution

Managing an organization’s knowledge more effectively and exploiting it in the marketplace is the latest pursuit of those seeking competitive advantage. The interest in knowledge management has surged during the last few years, with a growing number of publications, conferences and investment in knowledge management initiatives. ... Read Full Article

Exploring Parameters To Measure Efficacy Of Information Technology (It) Enabled Supply Chain

Supply Chain Management is a wide concept as it has been using as a tool to maximizing the organizational profits. Proper working of all the nodes within the supply chain, requires proper execution, sharing and exchange of information among all the nodes. Almost every supply chain practicing organization is using information technology as a means to communicate, share and exchange the information throughout the supply chain. This requires parameters to review test IT enabled Supply chain periodically to ensure its efficacy. This study aimed to identify the parameters to measure the efficacy of IT enable supply chain. The parameters were explored and conceptualized on the basis of literature reviews and empirically tested in manufacturing sector of India and final parameters are identified. ... Read Full Article

Data Mining: An Effective Technique To Study Consumer Buying Behavior

In the industrial scenario the degree of success of the any Organization and the Manager’s job is measured by the ratio of Outputs to Inputs. Thus, this ratio becomes the indication of Organization’s Productivity. Hence, all managerial/administrative activities revolve around decision making. The manager is first and foremost a decision maker. As Managers have considered ‘Decision Making’ a pure art, a talent required for long period of the time through experience. A variety of individual styles could be used in analyzing a problem and finally solving successfully managerial problems. These managerial styles are often based on Creativity, Judgment, Intuition and experience rather than on systematic quantitative methods based on a scientific way. But in today’s situation business and its dynamics are rapidly changing and have become more complex than ever before. These changes in business world has wider impact on the managerial decision making process. Due to this situation, today decision making is more complicated than it was in the past. It is more difficult to make decisions for several reasons. Harbridge House (a Boston Firm) has conducted a survey, and ranked Clear-cut decisions needed as the most important of 10 management practices. As the trends are changing, it is very difficult to rely upon trial and error approach to management, in case of decision is unstructured and semi-structured decision making situations. Managers must learn sophisticated, new tools and techniques. Using these technological tools such as Data Mining, its mostly hot- cake in today’s managerial decision process. ... Read Full Article

Comparatively Study Of Real Organization & Virtual Organization

The Invention of Internet & web technology has given Birth to so many new concepts in Business one of such example is emergence of virtual Banking. Virtual banking is one of the latest emerging trends on the Indian Banking Scenario. Usage of Virtual banking, though present in India was rest restricted to foreign banks. Today most of public sectors banks branches in metros and cities, have computerized front office operations (customer transaction) and their back office operation and information management system are also increasingly getting computerized and integrated. However, it may be noted that the traditional ‘brick and mortar’ banking with manual system does continue to prevail in most banks’ rural branches in urban areas too, most of the urban co-operative banks continue to use the manual system of banking. The article studies the comparatively Study of real banking & virtual banking in India and its role in fostering relationships with customers and giving them more value. The proposed study includes the evolution need and relevant, forces driving, merits and demerits of real banking and virtual banking. This work will include the comparative study of virtual banking and real (Traditional Banking) banking. Results have shown that virtual corporation (banking) can produce financial rewards for the organization. ... Read Full Article

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