Wednesday, March 24, 2010

Out of the Norm


Today in class I liked having a discussion about the case studies. I don't know that much about computers or the industry that surrounds it but it was quite interesting. I didn't know that Microsoft had a product in every category of the industry, that's quite impressive. I like hearing about Apple and how they came about. I never knew that Steve Jobs was the one that really made them what they are today.

Having class discussions are wonderful because they breakup the everyday routine. I hope that next time the discussion will be even better. I think that it may be better because there are handouts instead of using the book. Since I don't know that much about this area of business I like to hear others' perspectives on the different topics.

One thing that I am rather skeptical about is putting everything on the internet. But this afternoon I went to my accounting club meeting and they were talking about that same subject. A firm came in to speak and it was Thomson Reuters and they specialize in accounting software. It was interesting because they had a set of integrated programs that were based on the internet. This wasn't through google or anything like that though. So maybe there is something there but I am still unsure.

7 comments:

  1. This process could cause a lot of security problems as well as bandwidth problems. If they can work out these slight setbacks, there is a lot of good to be found in this. If everything is constantly on the internet, that means businesses can be in constant communication with different branches in different locations. For example, franchises could report their financial statements all in real time with each other and send it off to headquarters, keeping everything in real-time. Pretty neat

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  2. I wasn't aware of Microsoft having a product in every industry either. I do agree with not putting everything on the internet, but to get work done. Sometimes you just have to. For instance, the accounting software.

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  3. One issue to be worked on is security. Bank sites have a lot of your personal information available online, but only them and you can see it, unless somebody figures out your user name and password. I trust my banking site, and I don't even trust banks, but you have to. So I believe it's possible, but there's always a risk. There's a risk in almost everything we do right? The question is if you are willing to take that risk or not. I say limit to what you put online. We'll see what happens.

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  4. It seems like in this worl you can't put enough focuse on security. Being able to get to you information form anywhere is nice, but all it takes is one person to hack in and get all that information. I think that the internet based software would be nice, but i think that a powerful enough flash drive will alllow you to do the same without the high risk factor. you can never been to safe.

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  5. Thomson Reuters has been at a couple of job fairs that I have attended. I never really knew what they did. I kind of figured that they were involved somehow with technology or business but I knew I probably wasn't qualified so I just left them alone. I also like the discussions in class. It mixed up the boring everyday routine of looking at slides. I think interaction is such an intricate part of education. Nobody like to the talked to all the time, you have to involve your audience sometimes too.

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  7. Well like everybody else is saying, there is a risk when you put information on the internet. I'm sure there will always be people out there trying to steal what you put online but like Jimmy said, you have to trust your bank with your information. A note about the banking part, I believe if you have money stolen from your account or if any problems occur where you are out of some money and it had nothing to do with you, the bank will reimburse you up to a certain amount. I think most are around $250,000 but not entirely sure. So even if you do have someone hack into your account and they steal money, you should be okay according to the banks policies depending how much they offer and how much is stolen and what not.

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