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What Is a Global Capital Market?

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  What Is a Global Capital Market?     Global Capital Market A global capital market is the interlinking of various investment exchanges around the world that enable individuals and entities to buy and sell financial securities on an international level. The interlinking of these various exchanges results in the emergence of an informal, but never-the-less structured global capital market. Spurred by the decoupling of exchange controls and foregoing of adjustable peg exchange rates from individual capital markets, in addition to technological advances that have facilitated the movement of capital around the world, investors have increasingly sought investments in multiple currencies. While equities still lag behind, other investments, such as bonds, currencies and foreign exchanges, are all interlinked and highly visible in international trading. Yet to reach full maturity, the market is growing and integrating at a steady pace as investors continually shift inv...

Features of Systems Approach:

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  Features of Systems Approach: (i) A system consists of interacting elements. It is set of inter-related and inter-dependent parts arranged in a manner that produces a unified whole. (ii) The various sub-systems should be studied in their inter-relationships rather, than in isolation from each other. (iii) An organizational system has a boundary that determines which parts are internal and which are external. (iv) System does not exist in a vacuum. It receives information, material and energy from other systems as inputs. These inputs undergo a transformation process within a system and leave the system as output to other systems. (v) An organisation is a dynamic system as it is responsive to its environment. It is vulnerable to change in its environment. In the systems approach, attention is paid towards the overall effectiveness of the system rather than the effectiveness of the sub-systems. The interdependence of the sub-systems is taken into account. The idea of sy...

Systems Approach

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    Systems Approach Systems approach is based on the generalization that everything is inter-related and inter­dependent. A system is composed of related and dependent element which when in interaction, forms a unitary whole. A system is simply an assemblage or combination of things or parts forming a complex whole. One its most important characteristic is that it is composed of hierarchy of sub-systems. That is the parts forming the major system and so on. For example, the world can be considered-to be a system in which various national economies are sub-systems. In turn, each national economy is composed of its various industries, each industry is composed of firms’ and of course a firm can be considered a system composed of sub-systems said  as production, marketing, finance, accounting and so on. MIS Defined …. “It is a system using formalized procedures to provide management at all levels in all functions with appropriate levels of information, based on da...

The Traditional Systems Development Life Cycle

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   The Traditional Systems Development Life Cycle System development life cycle (SDLC), a system development method traditionally used to carry out large-scale information technology projects. There are 6 phases of the SDLC, namely: ·       System Investigation Early stage of the traditional SDLC is a system investigation. System investigation describes the various business issues or business opportunity, by using a feasibility study. It depends on Go/No Go decision. The SDLC is upper case tool for organization and basic business need. Feasibility study, analyze which of the three the best solution according to their business problems, three the solution is as follows: 1.   Do not do anything, and keep using the existing system, without any change. 2.   Modify or develop a system that is already running. 3.   Building a new system. There are three (3) types of feasibility study, namely: Technical feasibility, determine...