Management Information System Reflective Journal (semester 2)

Mis reflective journal

            Based on my subject “management information system”, I have gained a lot of knowledge throughout the assignment. In this assignment, every group is required to pick any system in the world and talk about through a video. In this case, my group has chosen a system which is “expert system”. Expert system is known as a piece of software that is programmed by using artificial intelligence techniques. This expert system has the use of databases of knowledge to offer advice or make decisions in such areas in a business or organization. For example, when an employee decides to choose a large product, this expert system would tell and show the employee about the cons and pros of the product. In other words, it would also show the benefit or lost if the product is being chosen by the employee. There are several advantages and disadvantages that can be obtained in an organization when expert system is being used. In the advantages, an expert system could give an expert advice at any time of the day to the employees in the business. Besides that, expert system makes rational decision on any indecisive situation as in it would show the gain or lost, benefits and the pros and cons of the decision that is made. In addition, this expert system could be used as a training aid for the employees to increase their expertise in the business. On the other hand, there are disadvantages of having an expert system. To do an expert system in an organization, it cost a lot of effort and money to do a good expert system. If it does not cost a lot of money, the expert system would not be successful. Moreover, expert system does not learn from its own mistakes unless the users in the organization would constantly give feedback which is part of their ongoing development. This is to ensure that the expert system would not make any mistakes due to the feedback that is given by the users are updated into the system. Thus, this expert system is not as good as having human expert to handle. Besides all the above, this group assignment could not be done without the corporation of all the other members in the group. Each member has sacrificed some of their time to put in some effort in to producing this expert system into a video presentation. Every member has communicated well to each other in order for the video to go well. There are some issues that we have faced during the progress of this assignment as it is hard to manage a time for all group members to be at a spot to record their voice into the video. Therefore, we have to sacrifice our leisure time on Saturday in order to produce this video. Last but not least, every team member has communicated well and not much problems occurred due to every single step of the video is planned greatly. 

Business Communication Reflective Journal (semester 2)

Business Communication Reflective Journal (semester 2)

            Before me embarking on the assignment, I have expected that we would have to corporate in a group to do this business report. Besides that, I would expect that the group members in my group would give a little corporation in handling this assignment together and not alone. Overall in the progress of the assignment, my expectations were fulfilled. Everyone in the group was giving their fullest attention and able to give a little bit of their time in order to complete this assignment. Every member has done the task given very well and it was handed in time efficiently. Besides that, all of us could communicate to each other very well without any problems occurred. Each member has taken a lot of their time to think out what question to be asked during the interview. Many situations went well such as we are able to communicate smoothly with the owner of the café during the interview. In addition, the journey to the café is quite far and some of us live quite far away but at the end every single member arrived at the café on time. On the other hand, there are some issues that we faced during the progress of this business report assignment. Since every member is quite often busy with the other assignment, it is hard for us to have a solid time meeting to discuss about this assignment. Based on the sentence before, we have overcome the situation by sacrificing our free time on Saturday in order for everyone to be at the interview. Another problem that I have occurred is I do not know very well about the mandarin language where else my other group members are good at it. Correspondingly, since I am not good at my mandarin language, my other members would explain it to me after they have communicated with the owner. Thus, this will give me a better understanding and not to let me felt myself to be left out. Based on my opinion, this group assignment went very well. In fact, I do believe that every member in my group have shown their best potential as task given to each member was not a problem. Thus, I would do anything differently due to it was well as planned. In this assignment, I have learned a lot such as teamwork is one of the most important things that have to be learned by every group member. Furthermore, every member in the group has to sacrifice a little bit of time in their life to sit down and discuss about the assignment. This is to ensure that everything was planned out in order to counter less problems. Last but not least, every member must have good communication towards each other to understand each other on which task is given to the right person to do.

(475 words)

Accounting Reflective Journal 3 (Ng Choon Hung, 0310205)

          With final exam approaching, I am preparing myself all the type of accounts such as balance sheet, income statement and many more. I have my lecture notes that is very useful. Not only had that but I also have my accounting lab to help me in which area that I have problems with. In my opinion, I believe that this module does not need any improvements. The lectures and tutors are good and kind. They are easy to approach without any fears.

Management Reflective Journal (Ng Choon Hung, 0310205)

Management Reflective Journal (Ng Choon Hung, 0310205)

                     On my first day of lecture, I expect that I am going to learn how to manage a business as in how the things goes around in an company. Yes, my expectation was correct. Management is defined as the process of dealing with or controlling things or people. There are many things that are being introduced to everyone on the first day of lecture. I was getting excited with the module since the beginning of the semester. This is because I am going to major in international business and marketing which this module is important for me. After 12 weeks, I am happy with the module. I have gained a lot of information by learning management. In most of the topic, there is the use of function of management that is P, O, L, C which stands for planning, organizing, leading and control. This four-function management is the basic information that everyone should know in order to proceed to the next topic of the module. Without the basics, I could not continue to the next topic because most of the chapters are related to this four-functions. Our assignment given to us is a little difficult but there is some help of lecture notes and consultations to improve our assignment content. In our assignment, we also have applied some component of these functions in our report that is leading. In our assignment, there is motivation and leadership is applied into our report. This is because in every company have leading function around the company. Besides that, I was satisfied about the module because I have learned a lot of things about management that I could apply in the future. In my opinion, I believe that introduction to management is very important for our working life. This is because we must apply the concept of planning in our daily life. Hence, we could plan out what we should do throughout the day. This is to ensure that we would not counter any problems throughout the day. For example, if an individual is given a task assignment to do and he/she did not plan further ahead to complete the assignment. Thus, this will make he/she have no time or may be even rushing on completing his assignment. Without he/she planning, he would not have time for the task given to him. With rushing doing an assignment, he/she may be completing the assignment not correctly as in messy, not correctly arranged, not enough content and many more. This is why we should plan from the beginning in order to avoid all the problems and able to complete our task perfectly. Not only had that but it will be easier for us if we have plan our things. Hence, management may very useful and a great help in our daily life in the future. 

Accounting Reflective Journal 2 (Ng Choon Hung, 0310205)

            In my mid-semester test, I was satisfied with my result which is 99 percent. This is because i have the help with my lecture notes. Not only that but by doing the tutorials every week, I have gained a lot of knowledge about the topics. With the knowledge, i apply it on my test. Although, i have face some difficulties which is the time given is short and i have to rush for it to complete. But with the help of lecture notes and weekly tutorials, i am able to do the test confidently without any doubts. 

QUANTITATIVE METHOD REFLECTIVE JOURNAL (Ng Choon Hung, 0310205)

            Quantitative method is part of my subjects in this semester. Quantitative method is one of my favourite subjects. In this semester, we are supposed to form a group of 4. This is because we were given a group assignment. In this group assignment, we were given 2 questions to complete. While we were working together, we encountered some problems as in we don’t know which formula to apply or how to calculate the equation using a calculator. But although we have problems, we have lecture notes to help us solve some problems. We not only have lecture notes but we also have lecture recap about some topics that we are not clear about. We are considered lucky that we have lecture recap for us to see again about a topic that we don’t know well. In my group, we separate the questions to all the 4 of us. This is to ensure that everyone has participated in the assignment. We all did the assignment together. I was doing question 1, part A. Any problem that we occur, we would discuss with each other about the question. Besides that, i have learned about excel while doing my question. In question 1 part A, all the answers could be obtained by doing the Microsoft excel. In the Microsoft excel, i used the data analysis to find mean, median, mode and standard deviation. Not only that but I could also find the inter quartile range which is third quartile minus the first quartile. Furthermore, I learned how to find the coefficient of variation which is standard deviation divide the mean. Most of the equation needs the mean and standard deviation of the data. All the information is in the table from the data analysis. The part that we have the most problems is question 1 part B. This is because we took a large amount of time figuring out how to get the summary output. But at the end, we found it through excel. Question 2 is not difficult for us. We have done it using the probability formula and some common sense. There are many things to do in the assignment with insufficient time because we have started it late. This is because there are many more assignments given to us in the other subject where all of us are in different group. Overall, my group have given some of their time to complete this assignment. We put in a lot of effort in order to complete this assignment as much as we could. Therefore, my group have been trying their best to complete the work as fast as possible. However, i have gained a lot of knowledge by doing this assignment as in how to use Microsoft excel, which formula to apply in order to get the answer. With this knowledge, I could apply it in the future when i am working in a company. 

Microeconomics Reflective Journal (0310205) Section 05

            Based on my degree major in International Business and Marketing first year, I have gain a lot of knowledge by learning microeconomics in this first semester. Microeconomics is part of economies that study the behavior of every individual. Microeconomics could teach us on making decisions that could affect the demand and supply of goods and services in which could determine the price. Not only that but it also determine the quantity of supply and quantity of demand. In opportunity cost, it is one way to measure the cost of something. Any decision that is made is allocation capital likewise. Opportunity cost is very important in understanding microeconomics. Besides opportunity cost, we also learned about demand and supply. Demand and supply is the basic knowledge that we should learn in order to proceed to another topic. If the price increases, the quantity supply will also increase. Third topic I learn is price elasticity. Elasticity of demand is to show the elasticity of quantity demanded for a good or service to change its price. There is also price ceiling in microeconomics. It is about government that makes it illegal for people to charge a higher level than a specific price. This is so that everyone could afford it in a reasonable price. I also learn about equilibrium. Equilibrium is when the two curves meet at a point. Equilibrium can show us a lot of information as in it could affect the quantity demand and supply. Not only that, I also have gain knowledge from learning short-run and long-run. This two is very important and can be used in the future in a company. A short-run is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied. Long-run is a period of time in which the quantities of all inputs can be varied. This can be helpful for a company to choose a short-run or long-run in doing a project. My biggest challenge that i have occurred during this semester is assignments given in the module. In Assignments, it is not easy to do but with the help of lecture notes and consultation, i could do it confidently. Even though it is hard, I still could finish it on time and hand it up before the due date and time.  In conclusion, I have learned a lot and gain knowledge from learning microeconomics from this semester. All the information that I have gain may be useful to me. Based on microeconomics that I have learned, it might help me to solve some of my economic problems in the future. Even when after I graduate a degree, when I enter a company, I would have at least an economic background for me to apply in the company. This may be an advantage for me to show that I not only have business and marketing but I also have some economics background to solve problems occurred.