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Business systems planning (BSP) is a method of analyzing, defining and designing the information architecture of organizations. It was introduced by IBM for internal use only in 1981, [1] although initial work on BSP began during the early 1970s.
In systems engineering, information systems and software engineering, the systems development life cycle (SDLC), also referred to as the application development life cycle, is a process for planning, creating, testing, and deploying an information system. [1] The SDLC concept applies to a range of hardware and software configurations, as a ...
A management information system (MIS) is an information system [1] used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context. In other words, it serves, as the functions of controlling, planning, decision making ...
Commercial law covers the following legal areas : This broad area of law covers many topics, from forming new companies, drafting business contracts, employment processes, corporate mergers, consumer rights to commercial litigation. It also provides a comprehensive legal framework that supports the operations of businesses regardless of their size.
The Information Technology Management Reform Act of 1996 is a United States federal law, designed to improve the way the federal government acquires, uses and disposes information technology (IT).
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1][2][3][4] It is also "any activity or enterprise entered into for profit." [5] A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. [citation needed] The taxation ...
Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. [5] The definition of legal compliance, especially in the context of corporate legal departments, has recently been expanded to include understanding and adhering to ethical codes within entire professions, as well.
Business administration. Enterprise legal management ( ELM) is a practice management strategy of corporate legal departments, insurance claims departments, and government legal and contract management departments. ELM developed during the 1990s in response to increase corporate demands for accountability, transparency, and predictability.