(4)Business execution organization
In Japanese stock companies, the highest decision-making body is the
“stockholders’ meeting” and the person in charge of business execution is
the “representative director,” who as well as representing the company in
the outside world, is the person with the highest managerial responsibility.
In America, the business execution organization is categorized as follows.
●CEO (Chief Executive Officer)
The “CEO” is responsible for management as the company’s representative.
●COO (Chief Operating Officer)
Under the CEO, the “COO” is responsible for business operation.
●CIO (Chief Information Officer)
The “CIO” has the highest responsibility concerning information.
●CFO (Chief Financial Officer)
The “CFO” is responsible for financial affairs such as procurement of funds
and financial administration.
Reference
Data Warehouse
A “data warehouse” is a large amount of
data from a database used for day-today operations that has been organized,
retrieved, and stored. The stored data is
analyzed and used in decision-making.
Reference
Data Mart
A “data mart” is data that has been retrieved from a data warehouse for a
specific purpose.
Reference
Data Mining
“Data mining” refers to obtaining new
information by analyzing large amounts
of data stored in data warehouses. It is
used to find correlations between multiple items such as “men who buy Product A on Sunday also buy B at the same
time.”
69
3
Use of office tools
Instead of using full-scale business systems, commercial office tools (software packages) can be utilized in business strategies.
Office tools include spreadsheet software and database software. Using
these software, it is possible to analyze large quantities of data efficiently
by creating tables and graphs, and sampling and sorting the data.
Recently, systems such as data warehouses and data marts are also being
used in order to apply data stored in databases to business strategies.
●Word processing software
“Word processing software” has a variety of functions, such as document creation, editing, and printing, which allow easy-to-read documents
to be composed and printed.
●Spreadsheet software
“Spreadsheet software” has a variety of functions such as table creation,
graph creation, and data analysis, etc.