BUAD110 Lecture Notes - Lecture 9: Cloud Computing, Business Process, Insider Trading

• School: University of Delaware
• Department: Business Administration
• Course: BUAD110
• Professor: Sullivan Bill

Document Summary

Systems can do a lot of interpretation. Physical world observations hear, see, smell, taste, touch tangible. Business process information in the system processed by computers. Bio data blood, fingerprints, dna, etc. Data mining: finding information that is hidden. Ex: facebook & google find data based on your searches. Extranet people outside company have access. Vpn virtual private network secure communications network. Virtualization/cloud computing everyone in the firm can access it/storage offsite, not in the computer. Problems with cloud computing: stability, security, control. Managers must be more tech savvy and understand how to manage data. Phishing putting out internet traps in an email you won million . Cyber terrorism anonymous cutting out websites, phishing, putting viruses. Goal long-range ex: eliminate isis. Target immediate ex: kill the leader of isis. Management: a process of organizing, planning, leading, and controlling people (4 functions) High-context culture in a sales environment that involves a lot of interaction with customer repeat calls.