COMMERCE 2KA3 Lecture 1: Chapter 1
29 Jan 2019
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Document Summary
The role of information systems in business today. Increase in use of wireless technology: more company websites, more online shopping, growing business use of big data , growth in cloud computing, supply chain organization and just-in-time inventories, e-commerce and internet advertising expand. The emerging digital firm: nearly all of the organization"s significant business relationships with customers, suppliers and employees are digitally enabled and mediated, core business processes are accomplished through digital networks that span and link organizations. Improve efficiency of operations to attain higher profitability. Information systems and technologies are important tools for achieving greater efficiency and productivity: walmart"s retail link system connects suppliers to stores for superior replenishment system. New products, services, and business models: business model, describes how company produces, delivers, and sells product or service to create wealth. Information systems and technology a major enabling tool for new products, services, business models: examples: apple"s ipod, itunes, and uber.
