An industrialized economy has two approaches. Market-Driven and Product-driven.
Market-driven consist of goods and services. Goods include: Raw materials and other types of production; Services include: bulk trade and other services.
Product-driven consist of production and service-driven industries. A product-driven industry aims to manage supplies and make products available for sale. Product-driven businesses are expensive and needs a variety of services to manage supplies.
The industry has two categories; primary industry, which deals with the whole establishment and secondary industry that deals within the business.
Biotechnology and Nanotechnology are developing industries. The informative industry is rising as technology becomes universal and information are stored on hard drives.
“Product” is intertwined with real objects.
“Service” is attributed to abstract objects during the time, at the mark of sales, afterward or as an aiding service.
“Duration of sale” is an agreement between, purchaser and seller. It is not when proceeds are met. Proceeds are met and made in line with the principles of accounting which deems fit in the services rendered over time.
A commodity is a similar good that is compatible with other good of its kind with little or no added value to its price. Several commodities are unrefined. Services also serve as commodities.
Product-driven businesses have distribution and aiding services. Distribution services involve making plans for the conveyance of goods, willing to sell, discipline and gifts. Aiding services are overhauling, sanitation and upkeep.
Although services are vague, their impacts are not. Transportation services convey people, sanitation services get rid of stains, and overhauling services get items to function properly.
The product-driven and service-driven businesses provide services that collect inwards, outward services, and telephone calls to potential customers.
This is simply defined as all types of products and services.
Service-driven firms are becoming suppliers of “product-oriented” and “service-oriented” services. They are artificial products that act like real items. Technology plays a very important role in the distribution process.
As technology grows, service-oriented goods become universal and bring clarity to abstract goods. New database firms will develop.
Agreements are contractual or non-contractual between buyers and sellers.
Consumable goods are sold for exchange within a certain time. Durable goods are sold with a report stating the warranty and maintenance of items.
Service-oriented goods and services are sold with a report indicating when and what was delivered with instructions for complaints.
Negotiators attend to real and abstract goods because the total cost of ownership consists of both.
Ready made goods are consumables and durables.
Consumables are goods for consumption. Examples are clothing, food, health care, household supplies and office items.
Durable goods last for a long time. Examples are furniture and houses.
Facilities are the end products of construction work and are made up of durable goods.
BYOD policy allows staff members to carry their privately owned mobile devices to the organization, and to connect those devices to confidential company data and operations. This is called IT consumerization.
BYOD was popularized in 2009 by Intel.
With the fast growth in mobile devices, it is expected that in the next five years, the overall number of devices will be about 10 billion. Since the private mobile devices are a part of our lives, staff members prefer to utilize their devices for every purpose.
BYOD is executing a key role in the market:
These are the following measures to consider:
Using Encryption: Workers should utilize the right encryption before keeping and sending data via the internet.
Mobile Phone Safety: Do not download unknown apps.
By adopting a BYOD policy and accepting methods that are expandable, organizations fair better in dealing with an unforeseen threat to their secured businesses caused by their staff’s devices. The beginning of the right measures and continuous trials will assist organizations to be more intelligent and prepare their staffs for future threats by their personal devices.
Finally, every security gap begins and ends with the staff members. Training staffs on good security traditions yield positive results as it is the perfect way to develop efficiently use of BYOD.
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