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    Term Exam Essay Part

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    Cristine Jewel Corpuz
    Data and business logic are intangible assets that are valuable to organizations. Data represents facts and statistics collected by a business, while business logic represents the intellectual thinking behind important decisions. Both data and business logic have their own existence and structure, and are represented by relational models and decision models. Though invisible, modeling data and business logic makes the assets easier to preserve, store, manage and use to efficiently drive business decisions. This modeling of intangible assets also helps minimize issues while allowing for changes, achieving optimal integrity of the assets.

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    Term Exam Essay Part

    Uploaded by

    Cristine Jewel Corpuz
    258 views1 page
    Data and business logic are intangible assets that are valuable to organizations. Data represents facts and statistics collected by a business, while business logic represents the intellectual thinking behind important decisions. Both data and business logic have their own existence and structure, and are represented by relational models and decision models. Though invisible, modeling data and business logic makes the assets easier to preserve, store, manage and use to efficiently drive business decisions. This modeling of intangible assets also helps minimize issues while allowing for changes, achieving optimal integrity of the assets.

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    TERM EXAM ESSAY PART

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    Data and business logic are intangible assets that are valuable to organizations. Data represents facts and statistics collected by a business, while business logic represents the intellectual thinking behind important decisions. Both data and business logic have their own existence and structure, and are represented by relational models and decision models. Though invisible, modeling data and business logic makes the assets easier to preserve, store, manage and use to efficiently drive business decisions. This modeling of intangible assets also helps minimize issues while allowing for changes, achieving optimal integrity of the assets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    258 views1 page

    Term Exam Essay Part

    Uploaded by

    Cristine Jewel Corpuz
    Data and business logic are intangible assets that are valuable to organizations. Data represents facts and statistics collected by a business, while business logic represents the intellectual thinking behind important decisions. Both data and business logic have their own existence and structure, and are represented by relational models and decision models. Though invisible, modeling data and business logic makes the assets easier to preserve, store, manage and use to efficiently drive business decisions. This modeling of intangible assets also helps minimize issues while allowing for changes, achieving optimal integrity of the assets.

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    © All Rights Reserved
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    of 1

    Data and Business Logic are Intangible Asset

    Data includes detailed facts or a set of attributes and the model of which is called the Relational
    Model. In business, data is the plain facts and statistics collected during its operation. Business logic
    itself, on the other hand, is intellectual in nature since it represents business thinking about the way
    important decisions are to be made. It has its own existence, independent of how it is executed. A
    unique representation of which is the Decision Model.

    Both data and business logic are seemed to be intangible because they are not physical in
    nature. They are assets without physical substance but have contributions to the operation of every
    organization. These two assets are part of the organization’s intellectual property and are fundamentally
    different from each other because the two models exhibit different native structures and guiding
    principles. For data and business logic to become tangible, business thinking must be translated into a
    visible, communicable form.

    Making data and business logic intangible is beneficial because they both aims to organize
    seemingly intangible assets with simplicity and with a declarative nature unbiased by other
    considerations, particularly technology and usage constraints. Aside from that, by minimizing update
    anomalies in their content and by easily accommodating change, data and business logic can achieve
    optimal integrity. Both are valuable organizational asset that would remain elusive without such
    representation. Despite being invisible, these two modeled assets are much easier to preserve, store,
    and manage which efficiently drive the business’s decisions.

    Maturity

    The above-mentioned quote by Henri Bergson implies that everything that exists change. The
    uncertainties brought about by these constant changes can significantly impact the business which
    requires them to adapt, innovate and transform. Change is a key in achieving an organizational goal for
    there can be no progress without it. Adaptability to change is a must in a business, acknowledging the
    need to grow drives them to transform for the better. Also, the success of an organization is driven by its
    ability to recognize significant challenges and immediately identify the strategic imperatives necessary
    to address them. Accomplishing the goal of an organization requires innovation through organizational
    thinking, creating, and sharing new kinds of business knowledge, identifying best practices and improve
    process execution. By redefining and testing new Decision Model, business goes on creating itself
    endlessly which is implicitly expected when an organization experience maturity. Change is inevitable
    and being able to cope up with these changes and learning on how to take advantage of them will drive
    a business to attain sustainability and growth.

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