ITM 100 Lecture Notes - Lecture 1: Hierarchical Organization, Organizational Culture, Computer Hardware
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Business functions specialized tasks performed in a business organization, including manufacturing and production, sales and marketing, finance and accounting and human resources. Business model an abstraction of what an enterprise is and how the enterprise delivers a product or service, showing how the enterprise creates wealth. Business processes the unique ways in which organization coordinate and organize work activities, information, and knowledge to produce a product or service. Complementary assets additional assets required to derive value from a primary investment. Computer hardware physical equipment used for input, processing and output activities in an information system. Computer literacy knowledge about information technology, focusing on understanding of how computer-based technologies work. Computer software detailed, preprogrammed instructions that control and coordinate the work of computer hardware components in an information system. Culture the set of fundamental assumptions about what products the organization should produce, how and where it should produce them, and for whom they should be produced.