ISYS111 Lecture Notes - Lecture 6: Product Market, Computer Literacy
17 Jun 2018
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Definitions:
Tangible assets:
• An asset that has a physical form
E.g. Cash, Land , Store, Cash registers, trucks, warehouses etc
Intangible assets:
• An asset that does not have a physical form
E.g. leadership, organisational skill, planning ability, motivated staff, positive
culture, effective decision making, knowledge managing etc
Asset:
• Something or someone that is useful or valuable to someone else
Complacency:
• A feeling of smug or uncritical satisfaction with oneself or one's achievements
Networked economy:
• The interlinking of business processes and economic activity through the use
of information technology
• The emerging economic order within the information society
Global economy:
• World-wide economic activity between various countries that are considered
intertwined and thus can affect other countries negatively or positively.
Economy:
• The state of a country or region in terms of the production and consumption
of goods and services and the supply of money
Interdependence:
• Mutual dependence between two or more people or things
Globalisation:
The worldwide interdependence of resource flows, product markets and
business competition that characterises our new economy
Product market:
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Tangible assets: an asset that has a physical form. Cash, land , store, cash registers, trucks, warehouses etc. Intangible assets: an asset that does not have a physical form. E. g. leadership, organisational skill, planning ability, motivated staff, positive culture, effective decision making, knowledge managing etc. Asset: something or someone that is useful or valuable to someone else. Complacency: a feeling of smug or uncritical satisfaction with oneself or one"s achievements. Networked economy: the interlinking of business processes and economic activity through the use of information technology, the emerging economic order within the information society. Global economy: world-wide economic activity between various countries that are considered intertwined and thus can affect other countries negatively or positively. Economy: the state of a country or region in terms of the production and consumption of goods and services and the supply of money. Interdependence: mutual dependence between two or more people or things.
