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Advanced Methods Of Including Classes And Objects In Application Modules Specific To Business Economic Systems

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  • DănuÅ£-Octavian SIMION

    (Athenaeum University, Bucharest, Romania)

Abstract

The paper presents the advanced methods of including classes and objects in application modules specific to business economic systems. Current systems supported by economic applications are based on modules that define economic flows and are built using interconnected classes and objects to facilitate data exchange. The interfaces specific to classes and objects represent the templates that expose the variables and methods used inside economic applications, thus providing flexibility and efficiency within the modules specific to economic flows. The development of any economic, financial or banking activity cannot be imagined without the use of a strong informational support that ensures the competitive advantage in relation to the other competitors on the market. Information technology offers not only the informational support necessary to run the business in conditions of efficiency, but also solutions for rethinking the way to organize your business in order to maintain competitiveness. Optimizing applications through rewriting means fundamental rethinking and radical redesign of business processes to achieve substantial improvements in terms of costs, quality, decision making speed. This rethinking of the way of doing business is influenced and also finds answers in new IT solutions. The impact of economic applications on the company is felt not only from the external environment but also from within the company. Any organization (company, bank, etc.) assumes the existence of five interdependent elements (components) such as organizational structure, business management and processes, information technology, organization strategy and employees and the culture of the organization. Rethinking the business and adapting the economic applications requires a considerable effort, which supposes the decomposition of modules into classes and objects, the redesign of interfaces and the restoration of functional dependencies for specific business data.

Suggested Citation

  • DănuÅ£-Octavian SIMION, 2023. "Advanced Methods Of Including Classes And Objects In Application Modules Specific To Business Economic Systems," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 67(1), pages 35-43, March.
    • Handle: RePEc:ath:journl:v:67:y:2023:i:1:p:35-43
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    More about this item

    Keywords

    classes and objects for business; advanced interfaces for classes; data from external environment; rewriting business applications; business conditions of efficiency; information technology in applications; organization strategy;
    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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