ITM 100 Lecture : lecture 2

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taupewombat306

11 May 2011

School

Ryerson University

Department

Information Technology Management

Course

ITM 100

Professor

Ron Babin

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Document Summary

Tim hortons vs. starbucks effienct vs. music, lounge. Canadian tire vs walmart familiy, canadians vs everyone, cheap prices. # of diff task need to be coordinated to deliver product/ service therefor comp. substiyation = diff brands of coffee, tea. use tech to lockin customers go w/ one and stick with it = make difficult to subsitiute. stokeholders ppl, group hoo have interest in enterprise, business operations. cutomers, creditors, suppliers, employers, gov (collect taxes from employers), shareholders. has interest and influence on how business will function. can bexternal/ internal relative to business. wallet -> electrooinc save time = tps. business process in beg tabulating repetive counting in us. rfid = radio freq identification replaces upc code, transmits signal, more accurate. data flow how get info in and how get out presto info collecting, has money, scan to use: rfid air miles colllecting, crm.

Related Questions

44) The price of coffee beans rises on the international market by 7%. Because of its higher raw material costs, The Highland Creek Coffee Shop raises the price of its regular sized coffee by 5%. At the same time, Starbucks raises the price of its coffee at all of its Canadian locations by 9%. This kind of pricing decisions would suggest these businesses are engaged in: a) b) perfect competition a monopoly an oligopoly monopolistic competition

The flow of materials, information, money, and services from raw material suppliers, through factories and warehouses to the end customers is called:

A. demand chain.

B. business process.

C. manufacturing process.

D. supply chain.