Answered: Being a business consultant, identify…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

A team of young IT students wants to exploit the situation of Corona Pandemic and want to launch a company which will manage Digital Currencies in Pakistan. They registered their company as “Vmoney4U”. The goals of the company are to combine different digital currencies in the local market and make one point solution for everyone. Few of their friends and family member also join their group to give their expertise in Law, cyber security, finance, accounts, human resource management and marketing. They wish to get a system which integrates their functions and help them develop the application and its promotion.

Being a business consultant, identify the needs of the organization?
Being a functional consultant, identify the functions required for the system?

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