BU111 Lecture Notes - Lecture 14: Enterprise Resource Planning, Online Shopping, Apple Watch

• School: WLU
• Department: Business
• Course: BU111
• Professor: Sofy Carayannopoulos

Document Summary

Not just computers and information: think of ways that manufacturing has been different (ex. Swiffer cleaning produ(cid:272)ts ha(cid:448)e (cid:271)ee(cid:374) i(cid:374)(cid:374)o(cid:448)ated (cid:449)here it"s (cid:374)ot just a plai(cid:374) (cid:373)op(cid:895) Technology is: advancements in equipment and its uses, substitutes for or magnifies human efforts (machines are often replacing humans, giving other uses for humans, human knowledge, work methods, equipment, business processing systems. Information technology (various devices for creating, storing, exchanging, and using information: atm, shopping, companies use it to gather and share information and execute activities (ex. Interacting with digital media over traditional networks such as radio. Traditio(cid:374)al (cid:449)a(cid:455)s of rea(cid:272)hi(cid:374)g people do(cid:374)"t (cid:449)ork a(cid:374)(cid:455)(cid:373)ore (cid:894)e(cid:454). So(cid:373)eti(cid:373)es (cid:272)o(cid:373)pa(cid:374)ies do(cid:374)"t e(cid:448)e(cid:374) rea(cid:272)h (cid:272)usto(cid:373)ers (cid:894)the(cid:455) (cid:272)a(cid:374) skip ads(cid:895) Use different methods/services (away from television to internet) New, innovated products that are unique and more valuable: ability to customize products easily because of technology (uniqueness, example of more valuable products: hanging calendars vs. digital ones that allow us to interact with others.