OIM 210 Lecture Notes - Lecture 1: Open-Source Software, Operations Management, Cloud Computing
27 Feb 2017
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Document Summary
Technology brings about changes across industries and through societies: 1. Incremental or sustaining technology relies on incremental improvements to an already established technology: 2. Radical or disruptive technology is one that displaces an established technology and shakes up the industry or a ground- breaking product that creates a completely new industry. Smartphones largely replaced cell phones because of available apps; also disrupted pocket cameras, mp3 players, calculators, gps devices, laptops. Social networking has major impact on the way we communicate; disrupted telephone, email, instant messaging, event planning. What is an information system: composed of five major parts (five-component framework) People: components interact to produce information. Difference between is and it: is cannot be bought, it can be bought people execute procedures to employ new it. Oim is the intersection of business and technology: om operations management. Manages business processes to create the highest level of efficiency within an organization: im information management.
