Business informatics (BI) is a discipline combining economics, economics of digitization, business administration, information technology (IT), and concepts of computer science. Business informatics centers around creating programming and equipment frameworks which ultimately provides the organization with effective operation based on information technology application. The focus on programming and equipment boosts the value to the analysis of economics and information technology. The BI discipline was created in Germany (in German: Wirtschaftsinformatik). It is an established academic discipline including bachelor, master, diploma and PhD programs in Austria, Belgium, France, Germany, Hungary, Ireland, The Netherlands, Russia, Slovakia, Sweden, Switzerland, Turkey and is establishing in an increasing number of other countries as well as Finland, Australia, Bosnia and Herzegovina, Malaysia, Mexico, Poland and India.
Fakenham is a market town and civil parish in Norfolk, England. It is situated on the River Wensum, about 25 miles (40 kilometres) north west of Norwich. The town is the junction of several local roads, including the A148 from King's Lynn to Cromer, the A1067 to Norwich and the A1065 to Swaffham.
The civil parish has an area of 3.49 sq mi (9.0 km2) and in the 2001 census had a population of 7,357 in 3,292 households, the population increasing to 7,617 at the 2011 census. For the purposes of local government, the parish falls within the district of North Norfolk.
Fakenham has been a market town since 1250, particularly known for its corn, barley and wheat trading, and in the 19th century it became noted for its printing. Fakenham Racecourse is a thoroughbred horse racing venue to the south of Fakenham, of which Charles, Prince of Wales is patron.
The town has a long name of Fakenham Lancaster which derives from the ownership of the manor in 1377 being transferred to John of Gaunt, the Duke of Lancaster. The name continues to be used today, including on recently placed history trail plaques around the town, and also the two wards that cover the town, for the purpose of electing councillors to North Norfolk District Council, are called Lancaster North and Lancaster South.