ITM 102 Lecture Notes - Lecture 1: Management Information System, Information System, Avoidance Speech

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 102
• Professor: Shikui Wu

Document Summary

In the contemporary systems, there is a growing interdependence between a irm"s informaion systems and its business capabiliies. Changes in strategy, rules and business process increasingly require changes in hardware, sotware, and telecommunicaions. Oten, what the organizaion would like to do depends on hat its systems will permit it to do. Finance and accouning managing the organizaion"s inancial assets and maintaining the organizaion"s inancial records. Atracing, developing and maintaining the organizaion"s labour force; maintaining employee records. The role of informaion systems in business today. Informaion system/ technology an important tool in achieving greater eiciency and producivity. Walmart"s retail link system links suppliers to stores for superior replenishment system. Business models, describes how company produces, delivers, and sells product or service to create wealth. Is / it as a major enabling tool for new products, services, business models. Examples: apple"s ipad , microsot sotware delivery mechanism o. Serving customers well leads to customers returning, which raises revenues and proits. o.