Computer Science 1032A/B Lecture 1: Class #1 - Sept 11th

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

Document Summary

Computers were introduced into business in 1981 with ibm (37 years ago) Business any endeavor or enterprise that achieves a goal through the effort of a person or persons that involves a monetary component. ****as soon as money or something that can be monetized becomes involved, it becomes a business**** Business requires money in order to operate money coming in, money going out. Goal: more money coming in than money going out. The margin for the business is the difference between the money coming in and going out. A positive margin is required to grow your business. (large margin success, low or no margin. Failure *unless it"s a planned period of low margin*) First rule of business: more money in than out. Second rule of business: it takes money to make money.