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Termenology


Total Cost of Ownership

2011-01-24 15:33:16

TCO is the total investment occurred by an organization to implement, maintain, and utilize for the duration of it’s life cycle.


On-Demand Computing

2011-01-24 15:32:26

On-demand computing is a way through which organization can reduce expenses by basically leasing time/resources to computing their data. A great example of this is when small animation organization pay for time on external super computers to render their animations.


Productivity

2011-01-24 15:30:40

Productivity is measured by the dividing the out performed by the input invested. Productivity measurements can often identify areas in a process, workflow, or efforts that can be better tuned to yield greater results.


Organizational Structures

2011-01-24 15:29:02

Traditional Organizational Structure
Often known as a hierarchical structure, the traditional structure is a layered approach to handling the businesses process and decision-making practices. Authority in decision-making is thinned from top to bottom and often major business decision are made at higher levels. In this structure there is often a bucketed approach in which departments are established to maintain focused areas of the business operations. Recently the popular trend in this ...

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Total Quality Management (TQM)

2011-01-24 15:24:50

When you equate quality to trust, as in all it’s meaning, value, and difficulty to obtain, and simplicity to loose. Quality not only is the level at which a product/service is manufactured/delivered but it is also a perception of both the consumer and supplier by which an organization is ultimately defined. Additionally, quality is the strongly defined by an organizations willingness to stand behind their product/service after the consumer has acquired it. TQM involves managing all of the ...

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Continuous Improvement

2011-01-24 15:20:53

Continuous improvement is the overall approach an organization constantly practices to improve their organization both externally and internally. It is different than e-engineering because it is a process that is driven by an organizations commitment to continuous improvement Organizations implementing a continues improvement strategy are constantly looking for was to improve their processes, refine their services, improve the quality of their products, and increase the success in how they...

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System Re-engineering

2011-01-24 15:19:11

System Re-engineering is the process in which organizations redesign portions of their existing system or, in many cases, their complete system to maintain their competitive edge. Many organizations continuously are re-engineering of their systems and consider a never-ending necessity. This process enables an organization to react to changes in their business model, processes, and rules that enable them to gain efficient results. The benefits in re-engineering often are summed into the ide...

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