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The Strategy Of Improving Informational Systems Through Economic Applications

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  • Emilia VASILE

    (Athenaeum University, Bucharest, RomaniaAuthor-Name: Danut-Octavian SIMION
    Athenaeum University, Bucharest, Romania)

Abstract

The paper presents the strategy of improving informational systems in economic applications. The architecture of the information system is the generic solution for the data processing processes of data integration and processing. The company’s global IT system breaks down into subsystems, each of which covers a distinct field of activity. In turn, each subsystem breaks down into applications, each of which covers a distinct activity within the domain. In defining the architecture of the information system there are three strategies that have crystallized over time. The downward strategy: top-down goes from the principle of complex computer system decomposition to components with lower complexity, the upward strategy: bottom up promotes the initiative at every level of management (accounting, commercial, production, etc.) without a framework solution and a defined architecture for the global IT system at the organization level and the mixed strategythat is a combination of downward strategy with bottom-up strategy taking their strengths into account. The best stategy includes a mixed of the standard strategies and an important role plays the economic applications that includes algorithms that improve the business logic.

Suggested Citation

  • Emilia VASILE, 2018. "The Strategy Of Improving Informational Systems Through Economic Applications," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 52(4), pages 9-21, December.
    • Handle: RePEc:ath:journl:v:52:y:2018:i:4:p:9-21
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    References listed on IDEAS

    as
    1. A. Michael Spence, 1975. "The Economics of Internal Organization: An Introduction," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 163-172, Spring.
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    More about this item

    Keywords

    business strategies; business environment; programing algorithms; information systems; business alternatives; business logic;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C87 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Econometric Software

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