GMS 200 Lecture Notes - Lecture 2: Electronic Data Interchange, Management Information System, Decision Support System

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Bamidele Adekunle

Document Summary

Computer competency is important to know what knowledge you are gaining from what you do on the computer aka facebook. It facilitates communication and information sharing, reduction in the number of middle managers, better organizational structure and excellent coordination and control. It has changed the new workplace (email, p2p, etc: data is raw facts and observation. Information is data made available for decision making: good information must be timely, high quality, complete, relevant, and. Role of information in the management process: data information decision making. Information exchanges with the external environment and within the organization. Intranets and corporate portals: extranets and enterprise portals, electronic data interchange (edi, advantages of it, planning, organizing, leading, controlling, the manager is the processing nerve centre. Do it the way you do it: risk environments. You know the risk of doing it but you know the occurrence: uncertain environments. Not sure of what to do: problem-solving styles, problem avoiders.