Information system Essay Example | Topics and Well Written Essays - 2000 words

Information system - Essay Example tions that means they have to as well somehow facilitate all remote office workers and team members, internationally, to work together on the similar shared files as well as data at the same time. However, in view of the fact that business data file sizes and data storage needs are augmenting every year, as well as the well-organized sharing of files all through distributed business enterprises over the wide area network (WAN) has turned out to be an exceptional task. Additionally, the difficulty is that gigabytes of data can be shared over a local area network (LAN) through standard file server technology, they cannot be shared all trough remote offices linked over the WAN. On the other hand, standard file server protocols offer unacceptably slow response times to open and write files over the WAN in addition to this forces remote office IT managers to build a number of unappealing alternatives. Thus, in this scenario IT managers and network users have to either live with reduced pr oductivity because of poor network performance at remote offices or they have to make use of replication systems that waste business network storage as well as slow down worldwide collaboration (Dorairajan; Nash; Forouzan and Fegan). Dorairajan (2004) stated that a new class of product recognized as wide-area file services (WAFS) has demonstrated extraordinary outcomes in resolving the problem of remote office sharing and collaboration intended for distributed organizations and businesses like that Oliyday Hotels. Additionally, the wide-area file services (WAFS) allow corporations with remote offices to make use of the WAN to share files like if it were a virtual LAN, facilitating real-time, read/write access to shared business files in addition to assure the coherency and consistency of the entire business file data (Dorairajan; Forouzan and Fegan). In addition, the majority of the successful WAFS systems tackle inherent WAN file sharing problems through a multi-layered technology

Issue or crisis Essay Example | Topics and Well Written Essays - 1000 words

Issue or crisis - Essay Example In fact, analysts such as Essen (2008) consider it a complete failure of the economic system to check and control the investments made by banks that are supposed to be under government regulations. The finance sector is one of the heaviest regulated sectors of the economy yet the present situation has come to a point where investors and finance gurus are calling it the â€Å"worst financial crisis since the Great Depression (Essen, 2008, Pg. 1)†. Of course the full impact of the crisis may only be understood years after the crisis is over but for the moment it is obvious that the basic cause of the crisis was the high risk action of many different banks who loaned out huge amounts of cash to borrowers without the proper risk scrutiny required. In particular, subprime mortgage lending which was done by American banks in recent times made them focus on short term profits, quarterly sales figures and short sighted goals rather than stable business practices that could have given them real returns (Essen, 2008). To fully understand the current crisis, the background must be examined and that shows a story of greed and what is called by Clendenning (2008) as the casino mentality of American banks. During a time of economic health, housing sellers and mortgage brokers suggested and recommended to buyers that they get into mortgages which required little or no cash towards a down payment. Further, these mortgages and loans were given out without a proper examination of the credit risks associated with the loans. Instead of reducing the risks undertaken by banks, these measures only served to expose them more. The crisis might have been minimized had the banks stopped there but the same debts were sold, traded and bartered as high risk investments to several international investors with the expectations of high returns. However, the high returns did not come and the banks