A Debate that is related to Microeconomics Essay

A Debate that is related to Microeconomics - Essay Example It is important for economies to determine whether such ventures as minimizing IT will mean reduced operational costs and increased profits (which forms the core aim of all businesses) (Hubbard and Anthony, 377). Those who see IT as obsolete and replaceable say that the fact that almost all companies have embraced IT has removed the competitive edge it offers as a result of this ubiquity and is no longer important. IT, according to them, is therefore no longer a tool that a business can use as a tool for competition in the markets to advance itself above the rest. They therefore see it fit that companies that are wise and that have studied the times begin to swiftly reduce their spending on IT and focus on other ideas and innovations that can lead to originality and therefore serve as strength of a particular business against all the other market competitors. IT to them has simply become too old and basic and therefore expendable (Gravelle and Ray, 312). On the other hand, there are equally those who have vehemently argued against such claims of IT obsolescence. They state that IT comes with a plethora of benefits both to the consumer and the business itself. According to these proponents of IT, IT is irreplaceable in linking businesses and its consumers through the click of a button, a phone call or even email just to mention a few, while also offering a relatively easy source of information on the market trends, needs and preferences. It enables a company improve on service delivery and gain competitive advantage over others if superiorly utilized. IT also enables fast and efficient money transactions that are vital in the smooth running of any business set up, failure to which many businesses have crumbled prematurely (Hubbard and Anthony, 411). In my opinion therefore, IT remains important in businesses as it saves time and offers an

Methedology in postgraduate education in UL Essay

Methedology in postgraduate education in UL - Essay Example ciples of accounting for postgraduates, human resource management, economics, business risk management and marketing (University of Limerick, Centre for Teaching and Learning, 2014). A student applying for any of these courses undergoes regular application process which involves online registration and submission of required details as prescribed by the university regulatory board. The learning process once admitted into the university comes in two folds. A postgraduate may apply for online learning described as O’Del (Open, Distance and Electronic Learning). In this platform, a student obtains all the course requirements and lectures online but merge at the end of the semester to fulfill the course requirement by taking final exams (Ebel, Mohr & Commission of the European Communities 2009, p. 77). On the other end, one may decide to leverage on the side of full time learning process, attending to lecture physically, submitting assignments one on one and not electronically or online. However, at the end of the learning period, the students merge for a common exams and evaluation based of syllabus coverage. Other than the theories taught in class, postgraduate students will undertake a two weeks training even study trip or business simulation program every semester. This is meant to enhance the student’s knowledge on writing dissertations which will eventually see them graduate from UL. The university operates of full time calendar with short interval holidays between the terms calendars. Each semester runs for a period of three months with one month holiday until the completion of the degree