Features and Functions of Information Systems

Features and Functions of Information Systems In this assignment I am going to describe the features and functions of an information system and demonstrate my knowledge in information systems and ability to use the skills necessary to produce management information (information to aid in decision making) I am required to know the features and functions of information systems and to be able to use IT tools to produce management information. In this assignment I am to use my own client. I am required to write a report for my client that uses some theoretical knowledge and spreadsheets from my client. In the assignment I must describe the features and functions of information system and explain the one I am using in my spreadsheet and why am I using it. I am to produce information from my clients system access and manipulate the data to present it in suitable formats to support organisational decision making. Describe the features and functions of information systems (P4) Features and functions of information systems (IS) There are various features of an information system and each of them has a specific function. Data is the most essential element in an information system. Raw details and figures of the company is known as data which is processed to make information. All the data have to be stored in the information system and processed in an accurate way. Data without being processed is of no purpose and use. Once it is processed it is called information which can then be used for required purposes in the system for gaining commercial advantage. The data which is obtained has to be reliable as the whole system will get corrupted if it comes from an unknown and devious source. The data has to be up to date and timely as there are updates and modernisation which happens frequently. For instance, Data can be about various things such as figures of the age groups, addresses and gender of clients. In an IS to obtain and capture data, it has to be collected from people. People can manipulate as well as help in making information for the system. For instance if data has to be collected about the number of cars people bought in a month it has to be collected from people. They are the main interpretation of information and chose what data to be entered into the system. For instance a person from the banking department can choose what all information to display in there IS. The same way there are different organisation which presents information depending on how it will benefit their company. A person can even be part of the information system if they are trained well to use the system accurately. People even play as the client and all data is collected from them for the flow of information. This data captured is then used for processing information which would help the organisation to know about the sales and finance of the company and analyse to improvise its systems. In an information system hardware is the computers used to store and collect information. Hardware is another essential feature of an information system for its functioning. The hardware should have large storage space to store the vast amount of data input into the system.   For small companies PCS can be enough but for larger companies they have to collect information from other sources so need to have internet access. So servers are connected to the system so that it provides internet for sharing information online via email. For safety purposes so that only the employees of the organisation can have access to the information servers such as intranet can also be used. So the hardware which would be used should be compatible to connect to the internet and transformation of data into information. The hardware used should even be easily accessible and up to date for functioning without any disruption to the IS. To build an information system a software have to be used. Along with the hardware the software is also essential as the main processing of data into information takes place in the software. Depending on the quires of the users the information has to be processed. The software used should have common features for building the system with causing minimum errors in the system. The software has to be compatible of processing vast amount of data. For instance any Microsoft program can be used to build a software, preferably Microsoft excel is used for financial stats and figures. In information system telecommunications play a vital role for the transfer of data and information using internet/intranet. It acts as the distribution of data from people to different organisations for the required queries. Mostly organisations prefer using intranet for more safety so that only the employees of the company can have access of the information being processed. As the information is on the internet it has to be shared on a reliable source. Apart from all the features of an information system it even has large amounts of functions. One function of the information system is the input. It is divided into two sub-parts. The function of the first part is that the input of detailed data is stored, processed and creates the base from the information system. The second sub- part of the input is that the user must also tell what kind of analyses they want from the IS. The input allows users to specify what they want from the output and analyse what must be done to make any changes. Sometimes this second sub function is hidden from the users and not always available. The second function is known as Storage handles all the data that is inputted into the information system. Everything stored is always in the highest detailed level so that it is accurate and easily accessible. There should be regular backups done so that in case of any error/virus, all the data stored is not lost. They should always be stored in different locations to avoid getting damaged by natural calamities. This storage has an impact on the original data storage as well as the backup data storage. The third function is processing which converts data into information. A simple process would be adding up all the products sold by a company by a variable such as the location, time and date of the store. Select information to support a business decision-making process (P6) In this part of the assignment I created quotes for a car insurance company called P.B Services Ltd. I created them by entering random peoples names, addresses, gender, cars bought, and ages, what kind of insurance they bought, if there is another driver who would use the vehicle and if they would receive any no claims discount or not. After I entered data I filed a quote for each person. Then the software which I used created quotes for their overall car insurance.   I did the same for around fifteen people. The prices differed for each person because the data entered was different. This information which I selected and created can be used for gaining commercial advantage as well as decision making. If this information collected is analysed the company would know how much insurance is paid by each person and how they could improve their service by adding any extra service and increasing the cost. This information would even be helpful to know the statistics and figures of the company.

An Analysis of Plenty by Isabelle Dixon

Dixon's poem Plenty shows the relationship between a mother and her five daughters which, on a wider horizon could be taken as a relationship between adults and children. The poet starts by telling us that they used to run ‘riot' and this was more than the mother could cope with. We are not told whether the behaviour was meant to annoy the mother or it was just a normal prank played and enjoyed by children. The situation in stanza is not a pleasant one as the poet gives us a grim picture of the situation they had to cope with.Water was a rare commodity and because of that they could not afford the luxury of filling the ‘old enamel a tub' which we are told was ‘age-stained' and rusty. The reason for that is given in stanza two where the poet explains that there was persistent drought and dams were dry and ‘windmills stalled. ‘ The most interesting thing about the description here is that she compares her mother's smile to the stalled windmill and the dry dam. One gets the impression that even though the mother was smiling it lacked the warmth of a genuine smile.We are also made to understand that such a smile almost always came when she had done something wrong. She continues to tell us that her mother smiling at their faults was a ploy to keep them from being chaotic or mischievous. What we learn from this is that the mother did not do anything to scold the children perhaps because she knew shouting and ranting was not going to work. We are told that this situation was on-going. Added to all this was the fact the mother had to worry about how to provide the bare necessities of life for her children and ensure that there was food on the table.  Read also Critical appreciation of the poem â€Å"Old Ladies’ Home†.It was not a cheerful situation because ‘each month was weeks too long. ‘ This gives me the impression that the mother had to the hard work of ensuring whatever little money she had could be suffic ient for the month but this was not the case. ‘Her mouth laid clamped hard on this' shows us that the mother did not talk this aspect of her worries. She did not want the children to worry because she was worrying about how she was going to feed them. The first four stanzas paint a grim picture and describe a period of want when everything, including water, was in short supply.However, even though the situation was grim the mother made sure she bore everything in silence and concentrated on how to make her children happy. By not scolding them unnecessarily and by being gentle with in times of misbehaviour she was able to cope. Stanza five begins with a litany of the pranks the poet and her sisters used to play. They ‘skipped chores' and when the mother was not near they indulged in the ‘lovely sin' of filling the bath beyond the recommended limit given by their mother. However, stanza five is also a discovery for the poet.She tells us that as children they did not understand why their mother had to impose those water restrictions or why she had to bother about every little prank they played. ‘We thought her mean' is enough to tell us that she has realized this. Stanza seven echoes the title of the poem as we are told how water is no longer in short supply. The poet can afford to stay in the bath for as long as she wishes and can fill the tub to the brim if she so wishes. The ‘now' at the beginning of the stanza tells us that the poet's situation has changed.Unlike the past she is no a ‘sybarite' and devotes herself to luxury. It is as if she is saying making up for all the luxury she lost in childhood. The metaphor ‘The shower's a hot cascade' describes vividly the poet's feeling. She is comparing the shower to water fountain and not only that it is hot. She can even afford to leave the heating on. The last stanza begins with a feeling of nostalgia. The poet misses her sisters who, we can confidently say, are no longer staying with their mother. They have all moved on and perhaps enjoying the luxury of a filled bath tub.She even misses her mother's smile. Unlike in the past the mother's smile is full of mirth because the ‘lean dry times' are over. We get the impression that their mother's suffering was due to their long childhood and now that they are able to fend for themselves most of the problems have gone. The mother is now happy and does not have to worry about a month which was ‘weeks too long. ‘ A casual reading of the poem will make the reader think it is a reminiscence of someone's childhood experiences. But underneath this surface lies the themes and messages the poet puts across.We learn that patience can help us deal with a lot of life's everyday problems. Instead of adults taking their frustrations onto their children they should learn to cope with these frustrations. We also learn from the mother's reactions to the children's behaviour that children must be allowed to be children and occasionally brought onto the straight path when necessary. The mother did not do anything that would have driven the children away from home. She did not blame the children for the fact that she could not afford a luxurious for herself and the children.What she did is what every parent should learn: she accepted her responsibility as a parent and understood that the children did not negotiate with her to come into the world. Her responsibility was to provide the physical, biological and emotional needs of her children. It is also good that poet later realised the mother was not being mean after all. This is also a very important message for the youth of today. They should understand that every parent wants the best for their children and even though they may see some of the decisions taken by adults as harsh in the long run it is for their own benefit.

Exploring Deeper Into The Life Of Pontius Pilate - 736 Words

TABLE OF CONTENTS INTRODUCTION OF PONTIUS PILATE PONTIUS PILATE’S CULT ASSOCIATION ACCOMPLISHMENTS OF PONTIUS PILATE WEAKNESSES OF PONTIUS PILATE STRENGHTHS OF PONTIUS PILATE SCHOLARLY VERDICTS OF PILATE LESSONS FOR LIFE DEATH OF PONTIUS PILATE CONCLUSION BIBLIOGRAPHY This paper will explore deeper into the life of Pontius Pilate and examine his weaknesses, strengths, and accomplishments. INTRODUCTION OF PONTIUS PILATE Pontius Pilate served as the prefect of Judaea from 26 to 36 A.D. his exact birth is not known, neither is it known what he looked like. However, his reign correspond with the time that John the Baptist and Jesus were active. POINTIUS PILATES CULT ASSOCIATION 1. Coinage: 2. Pilate’s Inscription: 3. Shields: ACCOMPLISHMENTS OF PONTIUS PILATE Pilate had deliberately and strategically kept Joseph Caiaphas on his team due to the fact that he knew how to get along with the Roman overseer. Pilate chief responsibility as governor was the Judaea military which reveals their agenda to retain particular territories and bring the people of it firmly under the Roman control. Other roles included: 1. Collection of Taxes: (Acts 5:37 Luke 2:2) 2. Overseer of the Building Projects: 3. Maintaining Law and Order- Pilate had the supreme judicial authority within his province PONTIUS PILATE’ ASSOCIATION WITH HEROD And Herod and Pilate became friends with each other that very day, for before this they had been at enmity with each other. (Luke 23:12) INCIDENTS

L Oreal The World s Largest Cosmetics And Beauty Company

Brand/Organisation: L’Orà ©al Student Name: Kerry Lynne Thompson Student Number: 130285308 Module Code: MKT1002 Degree Programme: BA Hons Marketing and Management Introduction to L’Orà ©al. L Orà ©al is the world s largest cosmetics and beauty company and has been the market leader since 2001. They market 18 brands and are divided into four categories - consumer products, professional products, luxury products, active cosmetics. They operate in many varied distribution circuits in over 130 countries (L’Orà ©al, n.d). (49 words) The External Marketing Environment in which L’Orà ©al Operates In. Political A political challenge for L Orà ©al is the requirement to conform to different government leadership styles in the various countries they operate within. They faced a decline in dermatology from its Galderma brand due to new legislations governing drugs (Euromonitor, 2005). The EU law affects L’Orà ©al, as they are restricted with their use of certain chemicals such as Phthalates, which are carcinogenic (The Rules Governing Cosmetic Products in the European Union). L’Orà ©al is obligated to produce safe products that don’t contain any harmful substances (Sadik, 2013). Also, legislation for advertising has an effect. L’Orà ©al must follow rules set by the Advertising Standards Authority. For example, advertisements cannot be misleading or over-exaggerate the functions of a product (The Control of Misleading Advertisements Regulations 1988). L’Orà ©al faced legal issues with their ElviveShow MoreRelatedCompetitor Analysis : Marketing Planning Process1406 Words   |  6 PagesAny organisation that wishes to succeed in their market, needs to analyse their competitor s strategies. Competitor analysis is a vital part of the marketing planning process. A strong competitor can hinder business success, even lead to business failure. 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My Career Of Psychology Stem From My Personal Experiences...

My Career in Psychology Tabitha N. Edwards Capella University Abstract My vision and goals for my career in psychology stem from my personal experiences as an employee. Specializing in Industrial-Organizational Psychology will allow me to help others avoid the frustrations I have felt and provide them with the support and opportunities I did not have. My vision and goals concentrate on the areas of talent management, change management, coaching, and contributing original research and depend on me earning my master’s degree and then furthering my credentials with a coaching certification. Competencies revolve around theory and research and their application. My background has given me transferrable skills that can be carried into an internship or entry-level job. Effective use of networking will work in my favor in areas where my skills are lacking. 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Major Crime Free Essays

†¢What is the purpose of major crime-reporting programs? What makes a successful crime-reporting program in the United States? The purpose for major crime-reporting programs is to try to improve the methology and to publish the collective data. So by having major crime-reporting programs the law enforcement agencies are able to get information and also collect data to figure out the crime patterns of the nation instead of just one spot. This is hard though because not all of the crimes that end up happening get reported. We will write a custom essay sample on Major Crime or any similar topic only for you Order Now So by this being said not everything can go into the crime-reporting programs. I think the government needs to try to find another way to get these â€Å"smaller† none reported crimes to be reported. What makes a successful crime reporting program in the United States is that most of the crimes do get reported the way that they should, and that the police officers are doing their job to the best of their abilities. I think it could be stepped up a notch and maybe put camaras in the cruisers so the crimes that do not get reported at least have a sign to get reported. †¢How do crime rates relate to arrest rates and clearance rates? Is there a way to improve the correlation between crime rates, arrest rates, and clearance rates in the effort to combat criminal activity? Crime rates are when the number is divided by the total number of crimes that are what they called â€Å"cleared. † This is when the crime is closed, finished or they found the criminal in whatever was going on with the crime. To combat criminal activity the police can gather the information from the UCR (uniform crime report). From what I was reading â€Å" clearance rates is the percentage of crimes that have been closed by arrest, exceptional means, etc. So in my opinion to help improve the correlation between crime rates, arrest rates and clearance rates, is to get all the facts straight. Do not jump from one to the other. Gather all the information that you can, and see what is going on, get cases closed or any old cases if they were closed because in significant evidence see if there is anything that you can do to change the out com e and re-open the close case to get it closed the right way and find out what really happened. http://en. allexperts. com/q/Criminal-Law-916/2010/10/crime-rates. htm How to cite Major Crime, Essay examples

Government and Business Relations for Economy- myassignmenthelp

Question: Discuss about theGovernment and Business Relations for Remote Economy. Answer: The article is in relation to an overview of the industry and trade policy followed in Australia since the time of federation with respect to issues facing a resource based, rich, small and remote economy. The emphasis of the paper is in relation to attempt made in the country form moving away from exporting primary goods through the process of diversification even through exploiting the natural competitive advantage of Australia. The paper analyzes the growth and fall, efforts and purpose in relation to protectionism. The paper also analyses the situations where experiments were done in relation to the industrial policy which was interventionist in nature. The effects of the mining boom is also described and analyzed through the paper. For the purpose of carrying out such analysis the paper has made considerations in relation to the specific economic circumstances of Australia along with the facts relating to endowments with respect to competing notions of comparative advantages alo ng with the role of the government towards promoting competitiveness and economic development (Fenna 2016 pp 31) The article provide that the varied and abundant resources of the country have been utilized in a good manner by Australia where the country was found to excel significantly in specific historic periods. The economy of the court continued to be very rich and resource dependent till the present day (McLean 2013 pp 102-107). However a persistent theme in the Australian economic history has been the diversification way general dependence. One of the most prominent efforts to trigger the diversification was the introduction of the tariff protection system in relation to the nascent manufacturing sector (Langcake 2016 pp 32-34). The article states that the reason because of which the ISI policy was introduced in Australia was in relation to its comparative advantage and particular factor endowment. The result of such implementation was mixed as on one had the policy was found to be largely successful as it fostered a large manufacturing sector which enhance the process of development and growth in Australia and on the other hand it was considered as a major failure as it initiated an uncompetitive and inefficient manufacturing sector which was not able to adjust with economic realities taking place in the late 20th century. When the system in relation to tariff protection had been dismantled the question which had to be addressed was in relation to the fact that what policies are required to replace it. There were two view which were present during the time firstly, it was inevitable that the if brisk completion is introduced along with reforms to enhance the market the sector would be invigorated which would subsequently result in high degree of rationalism and an enhanced competitive and efficient profile. Although the condition would have been necessary but it cannot be regarded as sufficient. Secondly, characteristics of extensive market failure with respect to spatial location of economic importance a much enhanced market policy would be needed. It has been argued by the paper that the Australian economy moved in a very hesitant manner in the direction of the second view. There have been various persuasive arguments which have depicted that a more systematic approach should be taken by Australia to wards the development of industries. This could have been done in relation to existing comparative advantage. Persuasive arguments have also been made with suggested that under existing circumstances the re-orientation towards active industry policy cannot be made. The paper argues that only more of the same is expected in the absence of a present and clear strategic of economic danger. References Alan Fenna (2016) Shaping comparative advantage: the evolution of trade and industry policy in Australia, Australian Journal of Political Science, 51:4, 618-635, DOI:10.1080/10361146.2016.1239565 Langcake, S. 2016. Conditions in the manufacturing sector. RBA Bulletin Quarter (June): 2734. McLean, I.W. 2013. Why Australia prospered: The shifting sources of economic growth. Princeton, NJ: Princeton University Press. The article is in relation to the concept of Industry policy: protectionism to free trade as discussed in the unit. The article states that the desire of the Australian economy to move away from the use of primary products added on with its structure have resulted in enduring issues for the Australia Economic policy since the time of federation. According to Tilton (2013 pp, 27-29) protectionism is a strategy which is used by the governments to provide protection in form of a shield to the domestic industries by imposing high taxes on import. One of the purposes of the article is to examine the purpose and effect along with growth and decline of protectionism. According to the Iain Murray of the Competitive Enterprise Institute Washington DC regulations have to be light, freedom has to be provided to the industrial players so that they can fix their own contracts this is because political and regulatory risk can restrict the investigation to be made into the industry. In the UK there have been woes to the railway due to the process of Bureaucracy and not because of privatization. An over complex structure had been forced by the bureaucrats onto the industry and where it had too many regulations the situation turned from bad to worse. The mixed result of over complexity, over regulation and public ownership of the structure made is next to impossible for the private sectors to be able to provide better services to the consumers. Privatization could have resolved the issue but the situation reached a stage where deregulation was mandatorily required. It was argued that for the railway system to be efficient and meeting the needs of the consumers the regulatory straitjacket have to be removed from the system. Industry policy initiatives as defined by Madsen (2015 pp 233-247) are the official strategies which are implemented by the government towards enhancing the growth and development of section or the total sector of manufacturing along with other parts of the economy. The policies are interventionist steps which are taken in a country having mixed economy. Measures are taken by the government which has the intention of enhancing competitiveness and capabilities of domestic businesses along with structural transformation of the business. The infrastructure of the country such as energy , telecommunication and transportation industry is a key composition of the manufacturing sector which play a major role towards Industrial policies. The article states that in Australia diversification was attempted to be triggered through Import Substitution Industrialization (ISI). The issue which have been faced by Australia with respect to its history is in relation to choosing between its competitiv e advantage or to move beyond it through the process of Industry policy initiatives. The states in Australia have been provided with the role of developing, promoting and regulating activities in the entire economic sector whether primary, secondary or tertiary References Madsen, J. 2015. Economic growth and its drivers since European settlement. In S. Ville and G. Withers, eds. The Cambridge economic history of Australia. Port Melbourne: Cambridge University Press. Tilton, J. 2013. The terms of trade debate and the policy implications for primary product producers. Resources Policy 38: 196203 The article is based on various theories such as the competitive advantage theory, economic theory, and the strategic trade theory. The paper also relates to the doctrine of free trade. It has been stated by the article that the theory of competitive advantage along with the associated doctrine of free trade provide a compelling logic. An argument has been provided by BCA (2014 pp 07) that economies are allowed to allocate efficiently the available resources through free trade. The structure involves exporting what is best produced by the company and importing what it is not able to produce. Trade always results in a win-win situation. These arguments have been complied and modified to give rise to the theory of competitive advantage as stated by Robert Torrens (1815) and David Ricardo (1817). According to the theory focus has to be provided on what is done in the best manner by a person which are the most efficient sectors of the company productively rather than restricting ones sel f to what is done better than everyone else. It has been provided by HeckscherOhlin (Ohlin 1933) model that competitive advantage is determined by relative factor endowments. The natural competitive advantage of Australia based in the theories therefore lies in exploiting its natural resources as it has scarcity of capital and labour. The article also discuses an economic structure which is blind to the issue of economic development and emphasizes in relation to the spatial area of market relations. According to Taylor (2016 pp 321-325) the theory of competitive advantage is based on the concept that cheap labor are omnipresent whereas there is no need for natural resources for an economy to be good. Countries are lead by the theory towards specializing the export of primary goods along with raw materials which lock in countries having a low wage economy with respect to the terms of trade. The theory of competitive advantage as provided by Michael Porter set out advanced tools for a nalyzing competitiveness along with its implications. According to the theory the competitiveness of a country is the function of four key determinants namely, factor conditions, demand conditions, related and supporting industries and firm , rivalry, structure and strategy. In addition the theories suggest that such factors although considered in relation to a country provide more specific results in relation to a particular industry. The paper states that one of the strongest conclusions provided from the economic theory is that the per capita income of the citizens of the contract in a small economy is reduced by the introduction of protectionism. The per capita income of Australians was 40% higher than that of any other nation in the 1870s. however although there was a steady growth in the Australian GDP by 3.2% the growth in per capita income of the Australian was lesser than any other country indulging in industrialization. The paper bases its arguments on the strategic trade theory. According to Merrett (2015 pp. 151-160) the STT which is also known as the ST policy are measures which are adopted by countries towards affecting the results off strategic interactions between firms consisted in an international oligopoly. The paper argues that the experiments conducted in Australia in relation to active industrial policies were decidedly of a nature which was less grand. References Taylor, M.Z. 2016. The politics of innovation: Why some countries are better than others at science and technology. New York: Oxford University Press. BCA. 2014. Building Australias comparative advantages. Melbourne: Business Council of Australia. Merrett, D. 2015. Big business and foreign firms. In S. Ville and G. Withers, eds. The Cambridge economic history of Australia. Port Melbourne: Cambridge University Press. This section of the paper discussed few of the underlying assumptions, ideologies and values which have been provided through the article. The paper carries on its discussion based on the assumption that a route of consistently led progress had been followed by Australia through which by using agricultural potential and natural resources provided for a standard of living which can be compared to the first world. The society was therefore allowed to thrive and survive. The paper also assumes that the competitive advantage of Australia is based on its primary products and the free trade doctrine and competitive advantage through provides a compelling argument. The paper is based on the idea that economies are pushed towards utilizing there resources in an efficient manner through the use of the free trade policy. Through the policy the economies can export what they produce the most and do best and import what cannot be efficiently produced by them domestically. The paper is also based on the assumption that the commodity cycle has both significant advantages and disadvantages towards the community which results in excess of demands and also insufficiency. The paper also bases its arguments on the assumption that the rise in economic powers such as Germany and USA at the end of the eighteenth century and the beginning of the nineteenth century also posed a significant threat to the doctrine of free trade. These countries considered free trade doctrine to be in the interest of Britain as it had a first mover cumulative advantage. The idea that the government passed various measures to introduce protectionism in form of the Lyne traffic and Commonwealth Customs Tariff Act 1908 and subsequently restrict the notion of free trade has also been used by the author. Thurbon (2012 pp 77-90) states that quicker than any person could have imagined the system of protectionism started to show defects as first came to light through the Veron report. The author made an assumpti on that due to the interest of the government during that period in the policy of protectionism was still in placed stubbornly until 1980. The paper uses the assumption that the Australian economy has hit a considerable downfall since the Second World War from where legal protectionism had been introduced into the Australian economy. There was an idea that Australia due to the introduction of the protectionism ideology into its economy would soon been following the path of Argentina towards a stage of economic implosion. It has been provided by McLean (2013 pp 99-107) that the policy of Australia towards not abiding by the economic laws around the world was an economic sin committed by the country. The paper also rebuts its own ideas by trying to incorporate the ideas of the critiques which state that the economic downfall of Australia was triggered much before the policy of protectionism had been introduced in the economy. References McLean, I.W. 2013. Why Australia prospered: The shifting sources of economic growth. Princeton, NJ: Princeton University Press. Thurbon, E. 2012. Ideas and industrial governance: Has the influence of neoliberalism been overstated? In D. Cahill, L. Edwards and F. Stilwell, eds. Neoliberalism: Beyond the free market. Cheltenham: Edward Elgar. This part of the paper analysis the arguments provided by the paper in order to bring out to what degree are the arguments provided by the paper correct. The basic argument which have been provided through the article is that the country has been able to provide a good performance with respect to its diverse and vastly available resources. The country using its resources has not only become very rich but also is resource dependent to the present day. However Australia has persistently moved away from the use of its staple resources. This is to a large extent true as according to PC (2015 pp 08) and PC (2014 pp 10) there was a trend which was often seen in Australia which depicts that it did not want only to rely on its resources and therefore the ISI strategy of traffic protectionism had been introduced. The paper argues that the attempt of various critiques to manifest protectionism as a failure for the Australian economy were very vague. This is because the policy had been able to provide mixed results which were having both advantages as well as disadvantages for the economy. According to the article the advantages were that a largely impressive manufacturing sector had been fostered which was underwriting development and growth in Australia. In addition on the other hand the manufacturing sector due to the policy was not able to adopt to the economic realities which had initiated in the late 20Th century. The policy of protectionism when compiled with that of industrial policies also provided counterproductive results. This can be stated as a valid argument by the paper as such argument has been provided by various authors such as according to whom when both industrial policies as well as protectionism is applied in an economy it results in uncompetitive industries and firms. However due to the critiques of the policy of protectionism the policy had been lifted from the Australian economy. The question was whether the industrial policy would result out to b e a better measure for the enhancement of the Australian economy. The position of Australia towards high value services was also not strong as provided by the paper. This argument of the paper is also backed by (Zysman et al. 2013 pp 100-110). The article provide that the varied and abundant resources of the country have been utilized in a good manner by Australia where the country was found to excel significantly in specific historic periods. The final and the most string argument which has been provided by the paper is that there is still absence of a proper policy which need to be implemented in Australia with respect to its comparative advantage and disadvantage as both the polices of protectionism as well as industrial policies have significant disadvantages amidst their benefits. References Australias automotive manufacturing industry. Melbourne: Productivity Commission. Trade and assistance review 201314. Melbourne: Productivity Commission. Zysman, J., Feldman, S., Kushida, K.E., Murray, J. and Nielsen, N.C. 2013. Services with everything: The ICT-enabled digital transformation of services. In D. Breznitz and J. Zysman, eds. The third globalization: Can wealthy nations stay rich in the twenty-first century. New York: Oxford University Press.