MGCR 331 Lecture Notes - Lecture 10: Berlin Wall, Ert3, Insourcing
23 May 2016
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Document Summary
Session 2: importance of information technologies (textbook chapter 1) Era 1 (1492 1800): spearheaded by countries power to deploy. Era 2 (1800 2000): spearheaded by companies decreased cost of transportation and telecommunications. Era 3 (2000 current): spearheaded by groups and individuals the world is flat (friedman) Integration of regional economies, societies, and cultures through globe spanning networks of exchange. Enhances the value of information to the firm. Requires powerful information system responses to conduct trade and manage businesses on a global scale. Role of it in impacting the change and the pace of change. 10 forces (technologies and events) that created the levelled global economic playing field: fall of the berlin wall: wall came down and windows came up, netscape goes public: Netscape and the web broadened the audience for the internet. Everyday occurrences such as words, files, films, music and pictures could be accessed and manipulated on a computer screen by all people across the world: work-flow.
