BU111 Lecture Notes - Scott Mcnealy, Computer-Aided Design, Online Banking
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BU111 Full Course Notes
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Document Summary
Technology has the shelf life of a banana scott mcnealy. Cycle time how long it takes for things to get done. Agricultural industries farming technologies that have changed (not limited to computers and information) If you don"t keep up with the changes it can result in your business failing. Products innovation, uniqueness, value comes through technology. Better service through coordination improves customer service. Leaner organization online banking and banking machines has reduced the need of bank tellers. Improved operations efficiency i. e. cad (computer aided design), erp (enterprise resource planning) improves planning for what you need in production. Greater independence of company and workplace having a lot of employees to work from home and have flexibility work anywhere and any time. Competitiveness: technology adds barriers to entry and increases competitiveness. Communication and collaboration: communicate easier with customers, easy information access for customers tracking mail.
