ITIS 1P97 Lecture Notes - Lecture 3: Information System, Decision-Making, Cost Leadership

• School: Brock University
• Department: Information Technology Information Systems
• Course: ITIS 1P97
• Professor: Sara Cumming

Document Summary

Organizations are influenced by: organizational structure: 5 structures, routines and business processes: Business firm: collection of business processes: organizational politics: Different viewpoints lead to political struggle: organizational culture: Define the goal and product that should be produced, how, where: organizational environment: Organizations and environments have a reciprocal relationship. Organizations depend on the social and physical environment: management decisions. Fast followers: firms with the size and resources to capitalize on that technology. Information systems technology is a factor of production just like capital and labour. It flattens organizations: decision making pushed to lower levels, fewer managers needed. Postindustrial organizations: authority relies on knowledge. Most common reason for failure of large projects is due to organizational and political resistance to change. Internet can greatly lower transaction and agency costs. New market entrants: new companies have new equipment, younger workers, but little brand recognition, high barriers to entry.