Utilitarianism And Its Effect On Health Benefits - 1124 Words

Happiness and pleasure, which I will use interchangeably, make up an important part of Utilitarianism. Utilitarianism is based on the idea that an action is either extrinsically or intrinsically good. An action is extrinsically good if and only if it is good as a means, or that its effects are good. One way to determine if something has extrinsic or intrinsic value is to compare two identical worlds, one with the feature in question and one without. If the world with the feature is superior, then the feature has intrinsic value. If the worlds are equal, the feature has extrinsic value because its true value comes from something it causes. For example, chocolate has extrinsic value. I get happiness from chocolate because I like the taste and dark chocolate has health benefits. Moreover, both of those effects are also extrinsically good because the taste of chocolate is pleasing and its health benefits lead to a higher level of happiness. Any goodness that comes from the choco late comes from the happiness that its taste and health benefits create. Mill believes that the only intrinsic good is pleasure. One would prefer a world with more pleasure to an identical world with little pleasure. Pleasure does not have any other effects. Something has intrinsic value because it is good in and of itself, regardless of its effects. In his essay, Utilitarianism, Mill states, â€Å"actions are right in proportion as they tend to promote happiness, wrong as they tend to produce theShow MoreRelatedFracking : A Ethical Issue By Using The Act Utilitarianism Approach1151 Words   |  5 Pagesanalyzing the benefits and drawbacks of fracking, this paper attempts to address this ethical issue by using the act-utilitarianism approach. The first reason for using this approach, instead of Respect for Persons and Virtue Ethics, is because utilitarianism strongly supports the impartiality feature. Impartiality is paramount in this fracking case because there are lots of both direct and indirect stakeholders at stake. Local residents around fracking sites suffer from increasing health risk, whileRead MoreEvaluation of a Business Code of Ethics Essay1369 Words   |  6 Pagessupplemental services related to the core business (First Energy Corp, 2007). The following paragraph will delve deeper into the ethical make-up of Firs t Energy. First Energy seems to portray a utilitarianism type of ethical system. Utilitarianism strives to obtain the highest positive effects, which include morals and financial maximization, and minimize any negative outcomes (Reference for Business, 2011). This ethical system portrays itself best from the company’s website. First Energy’sRead MoreThe Oregon Health Services Commission1647 Words   |  7 PagesThe Oregon Health Services Commission addressed budget cuts in 1990 by proposing a list of Medicaid services. The list was ranked by priority, based on a cost-effectiveness analysis. Access to particular services became limited, but coverage was increased from 67% to 100% of the poverty line1. Much protest broke out in regards to how the treatments were prioritized on the list. Some of the dissatisfaction was of preceding events, such as the death of 7-year old Coby Howard following funding cutsRead MoreImportance Of Living A Good Life1566 Words   |  7 Pagesout of control. Many life gurus also supported these views that good life is the name of awareness about the small things that are present around us and extracting happiness from them. I find a large number of supporters for utilitarianism ethical approach. It is about the effect of the consequences that people get when they are trying to live a happy life. Most people think that luxury life and money are the two most important constituents of leading a healthy life. That means if someone is doingRead MoreEthical Dilemmas : Ethical Dilemma1255 Words   |  6 Pagesall of these dilemmas. The two ethical principles used in addressing ethical dilemmas presented in this paper include; utilitarianism ethical theories and Kantianism. First, utilitarianism is based on a person’s ability to predict or foresee the consequences of a particular action. There are two types of utilitarianism, act utilitarianism and rule utilitarianism. Utilitarianism uses the fact that this theory is based on foreseeing unseen consequences of a particular action. It advocates that theRead MoreThe Ethical Problems of Gambling Essay example883 Words   |  4 Pagesgambling can be harmful to yourself and that harm can spread to your friends and family. Gambling can pose problems by inflicting mental and financial harm on a person endowed with the constant need to gamble. There is another way that gambling can effect a person in a negative manner and it includes the physical harm gambling can cause. Gambling is often associated with alcohol consumption especially alcohol consumption that is excessive in nature. Gambling is also associated with smoking. SmokingRead MoreThe Oregon Health Services Commission1535 Words   |  7 PagesThe Oregon Health Services Commission addressed budget cuts in 1990 by proposing services for Medicaid services in order of priority based on a cost-effectiveness analysis. Access to particular services became limited, but coverage was increased from 67% to 100% of the poverty line1. Much protest broke out in regards to how the treatments were prioritized on the list. Some of the notable results of the draft were prioritization of minor over serious services and the death of 7-year old Coby HowardRead MoreShould New Zealand Allow Genetically Modified Food? Essay1570 Words   |  7 Pageswith other various beneficial effects (Thomas et al, 2003). Many countries globally have already exercised the use of genetic engineering, however due to the strict regulations in New Zealand, commercial growth is prohibited. It is important to appreciate, u nderstand and think of the dilemma that New Zealand faces in this situation, should New Zealand allow genetically modified food crops to be grown commercially? To answer this question the theory of Utilitarianism and Deontology will be appliedRead MoreModule 3 Questions Essay1299 Words   |  6 Pagesremedies.† (Netto, Health-Asia: Ethics in Outsourcing Drug Trials Questioned). Testing drugs in foreign countries would prove to be unethical in the eyes of utilitarianism. In the theory of Act utilitarianism we should always do an action that generates the greatest happiness for whoever is affected by the act. In act utilitarianism, one must consider all consequences of a single action and then act if and only if that action maximizes good for all affected. This type of utilitarianism only has us answerRead MoreEssay on Does Utilitarianism Lead to Extreme Self Sacrifice?900 Words   |  4 Pagesprincipal of utility is to maximize the happiness in ones self by using benefits mi susing the harms. It acts as to produce advantage, pleasure, good or happiness and the greatest net balance of benefits over harms for all affected impartially. In Utilitarianism, J.S. Mill was trying to show that actions and institutions should increase the overall amount of happiness in the world, and stressed the importance of utilitarianism as the first principle in ethics. Happiness should be judged, not only

The Dodd Frank Wall Street Reform And Consumer Protection Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed to redesign numerous areas of the US regulatory system and to protect consumers against mortgage companies, banks, and other entities that were gambling and taking excessive risks with the consumers’ financial assets7. The act promised to restore America and create new jobs for those who had lost everything during the financial crisis of 2008. When the crisis occurred, Wall Street â€Å"did not have the tools to break apart or wind down a failing financial firm without putting the American taxpayer and the entire financial system at risk,† and Washington did not have the power to oversee and limit the risk-taking behavior that was taking place at the time7. The act is composed of sixteen titles, each one can be considered a powerful law individually; however, the act comprised them all together to have a major impact on the economy. Some of the main provisions of the Dodd-Frank Act removed the burden imposed on the taxpayers and are now holding Wall Street accountable for any firm that fails in the future7. In addition, the Volcker Rule has been implemented, in essence this rule prohibits banking institutions to do other activities unconnected to assisting their customers; this provision separates â€Å"proprietary trading† (which includes the banks being â€Å"allowed to own, invest, or sponsor hedge funds, private equity funds, or proprietary trading operations for their own profit†) from the activity of bankingShow MoreRelatedDodd Frank Wall Street Reform And Consumer Protection Act2017 Words   |  9 PagesDodd Frank Wall Street Reform and Consumer Protection Act Passed under the Obama Administration in 2010, the Dodd Frank Wall Street Reform and Consumer Protection Act was designed in response to the Subprime Mortgage Crisis of 2008 which was caused in part by a gradual easing of financial regulations over the past several decades. The goal of the legislation is â€Å"to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end tooRead MoreThe Dodd Frank Wall Street Reform And Consumer Protection Act Essay1486 Words   |  6 PagesA magnified outlook on The Dodd Frank Wall Street Reform and Consumer Protection Act. The united states is currently the proprietor of nearly nineteen trillion dollars in debt, and that number continues to increase to by 2.53 billion per day. With close to three hundred million people in the united states each shared citizen’s debt would be around sixty-one thousand dollars. (debt calculator website). In 2008 at the end of the George bush administration the country was said to be in the worst economicRead MoreThe Dodd-Frank Wall Street Reform and Consumer Protection Act1561 Words   |  7 PagesThe Dodd-Frank Wall Street Reform and Consumer Protection Act brought the most significant changes to financial regulation in the United States since the reform that followed the Great Depression. It made changes in the American financial regulatory environment that affect all federal financial regulatory agencies and almost every part of the nation’s financial services industry. Like Glass-Steagall, the legislation passed after the Great Depression, it sought to regulate the financial markets andRead MoreTheu.s. Dodd Frank Wall Street Reform And Consumer Protection Act930 Words   |  4 Pagesthe Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law in July of 2010 sparked bitter controversy. Appropriately argued by American Banker’s Capitol Hill reporter Victoria Finkle, Dodd-Frank is viewed as either a â€Å"landmark law that reined in the biggest banks† or an â€Å"economy-crippling overreach that burdened small institutions.† The Act intends to tighten financial regulation in the U.S., hoping to prevent the repeat of another financial crisis. Impetus for Dodd-FrankRead MoreAnalysis Of The Dodd Frank Wall Street Reform And Consumer Protection Act844 Words   |  4 PagesThe Consumer Financial Protection Bureau (CFPB) came about as a result of the Dodd–Frank Wall Street Reform and Consumer Protection Act. CFPB merged many responsibilities of several federal agencies to their central regulatory body. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was put in place to help promote financial stabi lity for American borrowers and impose accountability and regulation of financial institutions. In 2007, interest rates went up and the value of homesRead MoreIs Home Financing Being Effected By The Dodd Frank Wall Street Reform And Consumer Protection Act Of 2010?1340 Words   |  6 Pagesthe Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010? Brian R. Morris Ohio University â€Æ' Abstract The question in this research proposal addresses how home financing may be effected by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The research will examine the pros and cons of this act. It will also examine major changes since 2010 that affect the home financing process emphasizing new government rules and regulations which resulted from this Act. InRead MoreFederal Regulation Of The United States On The Volatility Of Stock Returns1702 Words   |  7 Pagessavings associations, securities firms and insurance companies. Moreover, I compare the volatility dependence of stock returns for these segments with the introduction of new federal regulation, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010 (Dodd-Frank Act). Regulation of financial markets is very significant for investors in the stock markets, policy-makers, practitioners, and academicians who explore the topic very rigorously. This paper contributes to the fieldRead MoreThe Global Financial Crisis of 2008: Can Dodd-Frank Help? The Financial Crisis of 2008 became an2900 Words   |  12 PagesThe Global Financial Crisis of 2008: Can Dodd-Frank Help? The Financial Crisis of 2008 became an experience that the American people will not forget any time very soon. The country took a direct hit to the financial sector during the crisis due to several changes that had taken place. Banks and financial investment companies were two of the many types of businesses that suffered. The consumers began to be fearful when it came to working with banks and financial investment companies. As a resultRead MoreLowering The Liquidity Of The Federal Reserve1262 Words   |  6 Pageson large financial institutions whose failure would have had devastating impacts on the entire economy. The initial authorized TARP budget of $700 billion was later reduced to $475 billion as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, referred to as the Dodd-Frank Act and authority to make new financial commitments under TARP ended in 2010 (Department of Treasury, n.d.). Of the five program areas, the majority of the TARP money was spent stabilizing banking institutionsRead MoreDodd-Frank Research Paper8381 Words   |  34 PagesDodd-Frank: A Guide to Financial Reform Elizabeth Ables, Stefanie Gaines, Angela Howell, Samantha Johnston, and Christina Wright This paper is submitted in partial fulfillment of the requirements for Business Ethics and Legal Environment BUS 5933.49 Texas Woman’s University School of Management H. Guy Smith, J.D. December 8, 2012 Table of Contents The Great Recession of 2008 and the Dawn of Dodd-Frank †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 The History of Financial Reform in the United States †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..

The Search For Morality Essay Research Paper free essay sample

The Search For Morality Essay, Research Paper The Search For Morality In The Adventures of Huckleberry Finn the sentiment is expressed that society is deaf and blind to morality. Mark Twain exposes a civilisation filled with hatred and lip service, ignorance and unfairness, all through the eyes of an waxy young person known as Huckleberry Finn. Through his escapades Huck discovers his ain scruples, and capacity for trueness and friendly relationship. He plays a unsafe game filled with life-altering determinations that determine who he is as a individual in the universe. The game Huck plays on occasion gets him into a rare moral quandary. He has to take between go againsting the full codification of societal, spiritual, and conventional behaviour, which the universe has taught him, and bewraying the individual whom he loves most in his life. Huck s ailing scruples prompts him to compose a missive, reding Miss Watson that her slave, Jim, is in Mr. We will write a custom essay sample on The Search For Morality Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Phelp s ownership. After composing the missive he says, I felt good and all washed clean of wickedness for the first clip I had of all time so in my life, and I knowed I could pray now. But I didn t do it straight off but laid the paper down and put at that place thinking-thinking how good it was all this happened so, and how close I come to being lost and traveling to hell ( Twain ) . This is merely one case where Huck shows assuring marks of interrupting free from the closed-minded upbringing that has been instilled upon him. Huck s escapades are a kind of right of transition to maturity. He discovers new ways of thought, moving, and life that he would neer hold gotten to even see if he were non exposed to them in the existent universe. As Huck matures, his values evolve from a selfish, loner attitude to a loyal and reliable friend. When a job does originate for either Huck, Jim, or even freshly found friends along the river, the one time egoistic, nescient, immature male child uses his moral judgement to make what is right. Most amusing is the battle Huck has with his scruples in respect to bondage. His scruples tells him, the manner it has been instructed, that to assist the runaway slave, Jim, to get away is an tremendous discourtesy. Not to advert that Jim belonged to Miss Watson, who had ever treated both he and Huck really good. Huck feels that helping in stealing Miss Watson s belongings will no uncertainty carry him to the bad topographic point. Huck s deep fondness for Jim finally induces him to go against his scruples and R isk ageless penalty by assisting his friend, and break ones back, Jim to get away. The whole survey of Huck’s moral nature is every bit serious as it is diverting, his confusion of incorrect as right and his unnatural mendacity, traceable to his preparation from babyhood, is a remarkable part to the probe of human nature ( Hartford ) . Couple writes The Adventures of Huckleberry Finn in the best manner that a narrative is written, by stating it. This book is an eyewitness history through Huck s eyes. He lets the reader enjoy the narrative unaccompanied by guideposts or waies on how he or she should understand it and net income by it. Life teaches its lessons by deduction, non by didactic sermon ; and literature is at its best when it is an imitation of life and non an alibi for direction ( Perry ) . The Adventures of Huckleberry Finn is literature at its best. Mark Twain merely gives the reader a enjoyable approach of age, escapade on the Mississippi with a runaway slave. In his foreword he even instructs his readers to merely bask the narrative and non to look for a moral. In making so, Twain really intrigues the reader and motivates them to happen their ain significance in what he has written. It is about as if he uses rearward psychological science on his readers. By stating them to pay no attending to any moral or ethical values presented in the book, these subjects become more evident and built-in than if Twain had non mentioned them at all. Regardless of whether Mark Twain thought his audience should happen a moral in The Adventures of Huckleberry Finn or non, there are some cosmopolitan truths that shine brilliantly throughout the novel. The moral of the book, though it is non scrawled across every page, teaches the necessity of manfulness and selflessness ( Atlanta ) . Besides, as stated in the quotation mark to which this response replies, Twain presented hateful lip service and ignorance in his fictional society in hopes of originating stronger ethical and moral values in our existent being. Plants Cited Perry, T. S. Rev. of The Adventures of Huckleberry Finn, by Mark Twain. The Century Illustrated Monthly Magazine. May 1885: The Hartford Courant. Rev. of The Adventures of Huckleberry Finn, by Mark Twain. February 1885: 20 The Atlanta Constitution. Rev. of The Adventures of Huckleberry Finn, by Mark Twain. May 1885: 26 Couple, Mark. The Adventures of Huckleberry Finn. New York:

Information systems (IS) development

Introduction In the recent years, there has been emphasis on business approaches. The idea has highlighted need for a mechanism to elicit, represent and validate the requirements that would focus on co-development activities that aim at enhancing alignment between support technical systems and business processes (Vasilecas, 1983).Advertising We will write a custom report sample on Information systems (IS) development specifically for you for only $16.05 $11/page Learn More After several studies and researches, experts and scholars brought the idea of systems development as a solution to the business problem. In systems development, the key challenge encountered during domain experts’ engagement is to articulate, agree and validate the systems. The challenge is usually common in the early requirements’ phase where multiple parties from different organization’s divisions need to come to a consensus of the intended systems (Vacilecas, 1 983). Decisions made at this level should focus on the effects of the economic and technical feasibility of the project. The professionals in information systems should not only focus on the functionality and non-functionality of the intended systems but should also focus on the organizational needs and contexts (Vacilecas, 1983). In the development of the information systems, the first stage is to describe and model the real problem that provides the need for the system. The modelling process gives way to facilitate the analyst-client communication. This process is therefore mainly used to bring the analyst and stockholders on the agreement of the intended systems as agreed during their engagements. This paper examines information systems, enterprise resource planning, different information systems, development approaches or methods and their illustration with diagrams, the intended retail industry with clarification of the reasons for the industry and finally the conclusion of the report (Vacilecas, 1983). Information Systems An information system is a combination of integrated information technology and people, who support, manage and make decisions (Reynolds Stair, 2011). Its purpose is to enhance communication or interactions between people, data, technology and process. The term does not, therefore, refer to software and technology used in communication in an organization but also includes people who interact and support the technology.Advertising Looking for report on other technology? Let's see if we can help you! Get your first paper with 15% OFF Learn More In business, an information system mainly focuses on the end use of the information technology (Lang, Wojtkowski, Wojtkowski, 2009). It, therefore, serves the end users in a business. It works to process information in a business through capturing, storing, transmitting, manipulating, retrieving and displaying information. The system thus acts to inter-relate data and activity syste ms. Information system consists of computers, people, procedures/instructions, and stored facts. The IS may be categorized into four parts depending on the intended purpose. These categories are the management information systems, transaction-processing systems, executive information systems and decision support system (Lang, Wojtkowski Wojtkowski, 2009). Enterprise Resource Planning An enterprise resource planning is a system that integrates the internal and external business or organizational information (Reynolds Stair, 2011). It interconnects all the divisions of an organization and the external sources of information to the business or organization. In an organization, the enterprise planning system interconnects the finance department, human resource department and operations. In addition, the ERP systems also ensure that there is an interconnection in a certain department (Reynolds Stair, 2011). On other hand, the enterprise resource planning facilitates the communication between the business and its stakeholders. It runs on a variety of network and hardware configurations that employ database as a storage for the information. The enterprise resource planning system has the following characteristics: it operates in real time through integrated system that do not rely on a periodic updates, supports all applications by use of a common database, a consistent look and simple installations of the systems. The installation of enterprise resource planning system does not require elaborate information technology department, as application and data integration are usually simple. It comprises the transaction database, management portal, external access, management of documents, messaging, and management of workflow, search, report customization and business intelligence system (Reynolds Stair, 2011). Information System (IS) Development Methods/Approaches The information system methodology refers to framework used in the development of the systems. System de velopment starts with understanding and analyzing the problem (Lang, Wojtkowski Wojtkowski, 2009). This gives the idea of the system required to solve the problem.Advertising We will write a custom report sample on Information systems (IS) development specifically for you for only $16.05 $11/page Learn More In system development, both the stakeholders and the system analysis engage in several instances to articulate, agree and validate the problems of the business and further make a decision of the system to be used (Vacilecas, 1983). During these approaches, they involve a specialist who gives them advice and guidelines that are required to solve their problem and the most appropriate system to their problems. However, after the identification of the problem and requirements’ specifications, development of the system follows, which may be done in various approaches. These approaches include: System Development Life Cycle The software developmen t life cycle is a process that involves phases, the first phase being the analysis. The aim of the analysis is to identify the problem that needs a system. It starts by bringing drown the system into various situation analysis that focuses on the problem, goal analysis that evaluates the objectives set for the system, user analysis that defines the requirements of the user from the system and need analysis that evaluates and defines the needs of the system. In requirement analysis, the client’s team and provider should give detail and accurate specifications in order to elaborate on the requirements (Newcomb Ulrich, 2010). The second phase is design, which involves intensive functions and operations that describe the details of the requirements. The phase documents requirement is to have a clear understanding of the business layouts, rules and process diagrams. Further, in this phase the developers describe the desired features of the systems in sufficient detail in respect to the requirements from the user. This stage fully describes the new system to apply (Lang, Wojtkowski Wojtkowski, 2009). The third phase is on implementation where after the system design, the real code of the system is written. The developer takes systematic instruction procedure from the design phase to write a code. The fourth phase is on testing where at this stage, the software is brought to the real environment (Reynolds Stair, 2011). The software is installed and tested to assert its functionality where the code of the software is tested on various levels to ensure that the software meets all the requirements of the business. The testing of defect, system integration, user acceptance, automation and performance take place at this very stage.Advertising Looking for report on other technology? Let's see if we can help you! Get your first paper with 15% OFF Learn More If the software test is successful, the software goes to the final stage of its evaluation. At this phase the software is now already present in the information system. Evaluation of the system serves to the purpose of solving various business problems (Reynolds Stair, 2011). If it succeeds then the business adopts and maintains the system. Prototyping In prototyping, the initial stage is finding the problem that makes the business require a system (Newcomb Ulrich, 2010). After realizing and analysis of the problem, the developer comes up with the initial software that is brought to the real environment. The system is then usually released to the user who interacts with it to provide the feedback on the system. After the feedback, the developer analyzes it so that he/she could incorporate the requirements into the feedback in engineering the second version (Newcomb Ulrich, 2010). The second version then follows the same process of evaluation until the system meets the expected r equirements and performance. Application Software Package Application software refers to software that has been in use in business for several decades. The software is meant for commercial purposes and the client can acquire them from the developers at certain costs. This solves the business problems without developing internal software for the business (Lang, Wojtkowski Wojtkowski, 2009). In this approach, the initial stage turns out to be problem identification in the business and its analysis accordingly. After the analysis, the business parties, owners and the stakeholder, give their requirements on the system to adopt to solve their problems. The software analyst or experts after it do analysis of the requirements and evaluate them to find the best software in the market that can meet the needs. The analyst advises the business on the best software that meets their requirements and problem (Lang, Wojtkowski Wojtkowski, 2009). He/she purchases the software on behalf of the bu siness that they bring to test and give feedback. If the software does not meet the requirements and performance, the users give the feedback, for an adoption of the second software. The process repeats until the software is adopted that meets the required performance and specifications (Lang, Wojtkowski Wojtkowski, 2009). End User Software Development In this model, after the identification of the problem, the stakeholders discuss the requirements of the system intended to solve the problem. The role of designing the software passes to users who develop the system intended. The end users analyze the requirements and the specifications of the required system, so that they can start the design. After design, the end user writes the real code using fourth generation software tools (4GL) (Newcomb Ulrich, 2010). After that, the written software proceeds to the next stage, the evaluation stage. If the software meets the requirements, functionality and specification required by the bus iness is sustained otherwise it goes back to the previous stages until it meets the required specifications. Outsourcing of the Software In this approach, an enterprise identifies its problems and specifies its requirements that are absorbed by a software consultant. After the evaluation of the problems and requirements, the consultant does an investigation of a vendor who experienced the same problem in the past and had the same and similar software requirements. He/she advises the enterprise to buy software and evaluate its performance to meet the system specification. If the software meets the specification, then the company fully adopts the system, otherwise it goes to the consultant to identify alternative software until they find software that meets their specifications (Lang, Wojtkowski Wojtkowski 2009). Retail Industry Retail industry refers to an economic sector owned by individuals and/or companies that deal in distribution and selling of finished products to consumers (Segel, 2008). The business owners must interact with their consumers who are the end-users, store, record and retrieve data and they thus need an information system. The best option in the retail industry would be the pharmaceutical sub retail. Several pharmaceuticals all over the world use information system software. This gives a benefit of having software for adoption by the enterprise. In addition, there are several consultants and software developers in the field of pharmaceutical that will expose me to various and numerous skills, experience as well as competence. Further more, pharmaceutical industry does not require complicated systems that will give an advantage in development of the systems. Pharmaceuticals, on the other hand, do not require many stakeholders during their decision-making. This enhances quick agreement on requirements that make it simple to deal with the industry (Segel, 2008). It further gives a benefit of not so many end-users using the information syste ms that make it simple in the evaluation and testing of the systems. In system development the main challenge is the agreement on the requirement and in the pharmaceutical industry agreement, the challenges are simply solved out. Further, the existence of software in market that is applicable in the industry gives several approaches to put in place during the development of the software. This gives an advantage of having software that has been in operation that gives in its turn an assurance of sustenance in the enterprise. In addition, in the pharmaceutical, the availability of fewer end-users that use the system gives a benefit of the systems which do not develop major problems and this makes the work as a consultant, less demanding. Approach Chosen As a consultant, I would like to choose to use outsourcing of the software as my approach to enterprise system development. Currently, there are several enterprises with the same kind of operations almost in every field. The use of the approach would save me as a consultant time spent in the coding of the design into software. Outsourcing as an approach exposes me to several software in use in the field of my enterprise that would help me in making the right choice. This is according to the relationship between the problem to be solved and the problems solved by the software in the firm from which the software is being sourced. Further, the application of the software by the other vendor who is the owner gives me an opportunity to interact with the software in its application by the vendor to find out whether it meets the requirements and specification to solve the problems associated with the adopting enterprise or not Conclusion To sum it up, it should be highlighted that the Information system is important to any enterprise whether it is large or small. The IS functionality in the right manner gives an enterprise the ability to meet its functions and goals. Any business must store data, and communicate with it s end user. The approach used during system development should, therefore, be in a position to help an enterprise to acquire an information system that meets its specifications. This gives the enterprise the ability to meet its goals. Thus, it is important for any enterprise to choose the right methodology while acquiring the IS. References Lang, M., Wojtkowski, G. Wojtkowski, W. (2009). Information systems development: challenges in practice, theory and education. New York: Springer Science Business Media, LLC. Newcomb, P., Ulrich, W. (2010). Information systems transformation: Architecture-driven modernization case. Burlington: Morgan Kaufmann Publishers. Reynolds, G. Stair, R. (2011) Principles of information systems. Boston: Cengage Learning. Segel, R. (2008). Retail business kit for dummies. Indiana: Wiley Publishing Inc. Vasilecas, O. (2005). Information systems development: advances in theory, practice  and education. New York: Springer Science Business Media, LLC. This report on Information systems (IS) development was written and submitted by user Braelynn Rose to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.