PLS 21 Lecture 14: PLS Lect 14

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PLS 21 Full Course Notes
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PLS 21 Full Course Notes
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Information technology - concepts and management: types of business & it presence, electronic commerce (click and morter, ebay store, web presence, smart phone connected, cloud computing with lan/vpn options. Information technology industries grew in the early 2000s at more than double the rate of the overall economy. Technology adaptation new v. old: photography, old, new. Slr, film, dark room: dslr, sd card, photoshop, the economics compared. In the old economy, people spent time to develop film. Strategic systems: provide organizations with advantages that enable them to increase market share, better negotiate with suppliers, or to prevent competitors from entering their territory, fedex. Started with its tracking system for overnight delivery: competitors quickly followed, moved to the internet, competitors followed. Fedex partnered with usps to provide a low cost method for the postal service to outsource to. : others had trouble following. Improved productivity: ratio of output to input (less workers, more finished product)

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