ISYS 210 Lecture Notes - Lecture 1: Operational Excellence, Social Business, Information System
Document Summary
Chapter 1 - business information systems in your career. In 2015, more than 118 million businesses had dot-com addresses registered. 150 million people read news online; 180 million use a social networking site. Internet advertising continues to grow at around 15 percent per year. New laws require businesses to store more data for longer periods. Changes in business result in changes in jobs and careers. Internet and global communications have greatly reduced economic and cultural advantages of developed countries. Drastic reduction of costs of operating and transacting on global scale. Requires new understandings of skills, markets, opportunities. Businesses invest in it to achieve six important business objectives: Information systems and technologies help improve efficiency and productivity. Power of combining information systems and best business practices to achieve operational efficiency - and over billion in sales in 2014. Most efficient retail store in world as result of digital links between suppliers and stores.