ADM 1370 Lecture Notes - Lecture 2: Portable Document Format, Digital Economy, Perpetual Beta
11 Oct 2018
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Document Summary
Digital arms use information systems to enable the seamless ow of information between di erent parts of the organization as well as between the organization and its suppliers and customers. Using information systems e ectively requires an understanding of the organization, management, and information technology shaping the systems. An information system creates value for the rm as an organizational and management solution to challenges posed by the environment. Conduct business electronically enables new level of e ciency, competitiveness, and pro table (i. e. strategy): digital economy . How businesses, customers, suppliers etc interact in the digital ear. Often changes the landscape of how business processes are done. Impacts many things including marketing, branding, communicating and relationship building. Includes issues and insights contributed from technical and behavioural disciplines. Social media platforms and applications have changed how we communicate socialize, access and use information, and shop. But these tools are the means to doing things and not the ends.
