Computer Science 1032A/B Lecture Notes - Lecture 1: Real Change, Microsoft Powerpoint

• School: Western University
• Department: Computer Science
• Course: Computer Science 1032A/B
• Professor: Louis Magguilli

Document Summary

Any endeavor or enterprise that achieves a goal through the effort of a person or persons that involves a monetary component. Retail armageddon: first real change in business, retail, commercial marketing was radio, television changed the availability of products and marketing in retail, business changed dramatically in 2000. Any endeavor involving a monetary transaction is a business. A business is nothing more than money coming in and money going out. A positive margin (more money coming in than going out) for a business is very important. The go(cid:448)er(cid:374)(cid:373)e(cid:374)t"s goal is to be u(cid:374)der budget so that they may have create and provide more infrastructure and benefits. (however, it is still a business so they want more money coming than money going out) Third rule of business (cid:862)nobody knows nothing(cid:863) (on the exam) Costs: salary, raw material, equipment, logistics. Infrastructure (secondary supplies computers): sales, distribution, support. Information: derived from date: knowledge: using information. These are the core concepts of cs 1032.