The number of business organizations and firms present globally is very high. The firms that maintain the pace with the technological changes can only win the race of the huge competition that is prevailing in the present times. Hotel industry has also been affected by these changes and as a result there has been a decision taken by ten hotels. They have decided to work and function as a single unit and have launched their initiative by the name of StayTogether. Market demands that were being expected by the individual hotels were not being met because of the increase in competition. The decision to act and function as one unit was therefore taken to lower down the market pressures. The document has been written in the form of a business report for StayTogether to highlight some of the issues and suggestions related with the business.
Information Technology (IT) is an important concept that is used and is present in the current times. Another important term that is equally important and is in use is the Information System (IS). The components and meaning of IT and IS is different from each other but these terms are believed to have the same meaning.
Information System (IS) is defined as the term that deals with the attributes and properties of the information as its quality and the availability for the users and customers. Information is the asset that is used, exchanged and modified in the organizations. As a result, there are many processes and operations that are executed on the information, for example, information storage in the database, information processing and management of the information. The issues that come up and are observed in these operations and tasks are termed as the issues that are related with IS. Problems and loopholes in the information architecture in terms of the communication is also included in this category (El-Awad, 2017).
Information Technology (IT) revolves and associates with the technical details and infrastructure that is developed. Presence of technologies in the business organizations and industries such as StayTogether hotel chain is no less. Technologies also keep on evolving and changing that leads to the creation of some other technical background and there are specific issues that emerge with each one of them. There are issues around compatibility that are seen between one technical component and the other (Bruni, 2014).
StayTogether will be comprised of the customers, staff members, management resources, suppliers etc. The access to the site will be given to many users from any of these groups and categories. It may bring in the attack related with the breaching of information. The information may be handled incorrectly and inadequately which may affect confidentiality of the same.
Because of providing the access to so many users and entities, the malicious users may modify the contents in one of the information copies. Because of this the overall integrity of the information may be violated. There may be alterations made that are not required or asked for (Chasserio, 2014).
The web site may suffer longer period of downtime because of the attacks that are targeted on its availability.
The various issues related with IS have been listed and explained above. These issues may have low impact, medium impact or may also have extremely severe impact as well. The customers will feel cheated as they will not understand the reason for the attack or the owner of the attack. They will soon get disengaged with the hotel chain and will join hands with some other chain in the area or the region. This will lead to many losses and it will become very difficult to rise and maintain the same position in the market all over again as the competition will only increase in the times to come.
These IT issues may have low impact, medium impact or may also have extremely severe impact as well. The customers will feel cheated as they will not understand the reason for the attack or the owner of the attack. They will soon get disengaged with the hotel chain and will join hands with some other chain in the area or the region. This will lead to many losses and it will become very difficult to rise and maintain the same position in the market all over again as the competition will only increase in the times to come (Fengel, 2014).
StayTogether is a hotel chain that is present and has been set up in the times when the competition between the organizations is very high. There cannot be activities that may be followed wherein one strategy or policy is created and the same is followed for the entire lifetime. It will be necessary to explore new vistas so that more customers join in and get engaged with the hotel chain.
Market in the present times is an endless platform that is filled with a lot many opportunities and abilities. It is required that the opportunities that are available are explored and analyzed so that the strategies may be created to gain advantages out of them. Some of the opportunities that StayTogether may explore and work in to are listed below.
There are many changes and transformations that are happening and are taking place at each step. These changes and transformations have led to the change in the process through which the business is carried out. StayTogether will be required to make a dynamic and regular pace with these changes so that the organization is always a front runner in the race of competition between the similar agencies and organizations.
Ten hotels have decided to work and function as a single unit and have launched their initiative by the name of StayTogether. Market demands that were being expected by the individual hotels were not being met because of the increase in competition. The decision to act and function as one unit was therefore taken to lower down the market pressures. There are many of the information technology and information system issues that are related with the organization. These issues may have low impact, medium impact or may also have extremely severe impact as well. The customers will feel cheated as they will not understand the reason for the attack or the owner of the attack. They will soon get disengaged with the hotel chain and will join hands with some other chain in the area or the region. This will lead to many losses and it will become very difficult to rise and maintain the same position in the market all over again as the competition will only increase in the times to come. These issues shall be tactfully handled and there shall be strategies that may be developed to make sure that the new customers and existing customers connect and engage with the hotel chain. It shall also look for the new opportunities that are present in the business area.
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