Business Object Tools

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Business objects are computer programs or applications that companies use to manage the information their company produces. These objects are seen as tools to enhance business operations and improve the effectiveness and efficiency of individual operational tasks and activities. In today’s business environment, many companies use information technology to create a competitive advantage by refining traditional manual processes into computerized functions.

Framework

Framework is the outline of set of interlinked items that attempts to provide a playbook for achieving a specific outcome. Information technology applications need framework to accurately gather and process business information. Business owners and managers can meet with internal or external software programmers to outline the framework that will drive their business object. Using canned business object applications will typically avoid this process, although many standards applications allow companies to customize the framework within certain limits.

Components

Business object tools typically involve the use of various layers, with each layer containing components relating to the business object application. The components can be generic or custom, have different hierarchies and gather or process information differently. Owners and managers are typically the individuals responsible for outlining various business situations and applying integration techniques from each component to the business. The size and scope of business object components depends on the size of the company and amount of information that needs gathering.

Applications

Different applications can exist for business object tools. Manufacturing companies will typically have different application needs than service companies, and vice versa. Where the first companies need information on materials cost and production times, the latter will most likely track sales per hour or inventory goods needing new stock. Business object tools can process this information accordingly and deliver it electronically to the individuals responsible for processing the information in the company.

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