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Business modelling is a vast arena of research and practice, which
is gaining increasing important in the rapid development of
e-commerce, globalization, and in particular, the movement toward
global e-business. The ability to utilize advanced computing
technology to model, analyse and simulate various aspects of
ever-changing businesses has made a significant impact on the way
businesses are designed and run these days. With the current global
e-business and e-commerce initiatives, it has become important that
all businesses carefully validate their business objectives,
requirements, and strategies through a careful process of formal
business modelling. It is important for effective enterprise
decision making to have clear, concise business models that allow
the extraction of critical value from business processes and
specify the rules to be globally enforced. Particularly in
e-business specifications, the need to be unambiguous, accurate,
and complete becomes even greater, because there may be no human
mediator or agent to rely on in complex or unforeseen situations.
Business Modelling: Multidisciplinary Approaches - Economics,
Operational, and Information Systems Perspectives, arranged in
three parts, brings scholarly perspectives from various disciplines
to bear on some of the critical aspects of business modeling. The
first part (chapters 1-8) focuses on business modelling
fundamentals and starts with a series of economics and operations
research perspectives. The second part (chapters 9-19) concentrates
on modelling in electronic businesses and focuses on Management
Information Systems and Decision Support Systems. The third part
(chapters 20-22) centers on multidisciplinary business modelling
progress, in particular on the seminal work of Professor Andrew B.
Whinston.
Business modelling is a vast arena of research and practice, which
is gaining increasing important in the rapid development of
e-commerce, globalization, and in particular, the movement toward
global e-business. The ability to utilize advanced computing
technology to model, analyse and simulate various aspects of
ever-changing businesses has made a significant impact on the way
businesses are designed and run these days. With the current global
e-business and e-commerce initiatives, it has become important that
all businesses carefully validate their business objectives,
requirements, and strategies through a careful process of formal
business modelling. It is important for effective enterprise
decision making to have clear, concise business models that allow
the extraction of critical value from business processes and
specify the rules to be globally enforced. Particularly in
e-business specifications, the need to be unambiguous, accurate,
and complete becomes even greater, because there may be no human
mediator or agent to rely on in complex or unforeseen situations.
Business Modelling: Multidisciplinary Approaches - Economics,
Operational, and Information Systems Perspectives, arranged in
three parts, brings scholarly perspectives from various disciplines
to bear on some of the critical aspects of business modeling. The
first part (chapters 1-8) focuses on business modelling
fundamentals and starts with a series of economics and operations
research perspectives. The second part (chapters 9-19) concentrates
on modelling in electronic businesses and focuses on Management
Information Systems and Decision Support Systems. The third part
(chapters 20-22) centers on multidisciplinary business modelling
progress, in particular on the seminal work of Professor Andrew B.
Whinston.
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