ITM 100 Lecture Notes - Lecture 1: Cost Leadership, Chief Information Officer, Niche Market

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Raymond Moss

Document Summary

Are computer-based tools that are used to work with and support information. Is the acquisition, processing, storage, and dissemination of computing and telecommunications. The function that plans for, develops, implements, and maintains it hardware, software, and applications that people use to support the goals of an organization. Data: are raw facts that describe the characteristics of an object or event. Information: is data converted into a meaningful and useful context. Use info systems to transform data -> information, information-> knowledge. Oversees all uses of it and ensures the strategic alignment of it with business goals and objectives. Ensures the throughput, speed, availability, and reliability of it. Ensures the safety of it resources including data, hardware, software, and people. Ensures the ethical and legal use of information. Responsible for collecting, maintaining, and distributing the organization"s knowledge. Is a product/ service that consumers place greater value on than similar offerings from a competitor.