ATAR Notes: Forum
VCE Stuff => VCE Technology => VCE Mathematics/Science/Technology => VCE Subjects + Help => VCE Computing: Data Analytics => Topic started by: billz1508 on November 09, 2009, 12:29:34 pm
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can someone please define the following please?
technical:
Operational:
Economical:
Social:
im not too bad on last two, i just not to clear on first two, all opinion appreciated :) thankyou
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Social factors relate to people and relationships. Technical factors are affected by technology and equipment. Economic factors relate to money. Operational factors relate to procedures
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cheers mate :D.. thankyou alot
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Economic factors also include non-monetary factors; for example, whether implementing a new system will add sufficient value (note, value can take many forms - have a look at Porter's value chain if you're interested) for the cost invested.
Operational factors also include influences of the customer-business interaction, staffing levels / skill sets and stuff like that.