MIS 302F Lecture Notes - Lecture 1: Profit Margin, Net Present Value, Chemical Industry

• School: UT-Austin
• Department: Management Information Systems
• Course: MIS 302F
• Professor: J Tuttle

Document Summary

Unit 1: the macroeconomic impact of it: hi. Unit 1 provides you with an overview of how it influences the way we live and how it has changed the firms we do business with. For example, we"ll explore the idea that it can be a creative destruction or disruptive innovation depending on which industry this concept it applied to. We"ll also investigate the innovator"s dilemma, how technology challenges can lead to a company"s demise, and what are the potential solutions. We will use the company kodak as an example to introduce unit 1 core concepts and illustrate how changes in technology shape how companies do business. Lesson 1: the impact and evolution of it: how would you define it? (poll) Think about what you know or have heard about information technology (it). Now, imagine you have to explain this concept to someone. Information technology (it) could be defined by any of these choices.