Computer Science 1032A/B Study Guide - Stephen S. Roach, Robert Solow, Value Chain

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COMPSCI 1032A/B Full Course Notes
28
COMPSCI 1032A/B Full Course Notes
Verified Note
28 documents

Document Summary

Stephen roach (late 1980"s: found no evidence of an increase in worker productivity associated with the massive increase in investment in information technology. Robert solow (nobel prize winning economist: we see computers everywhere except in the productivity statistics. Productivity paradox: productivity growth has slowed while investments in information technology have grown dramatically, some take this as proof that information technology doesn"t affect productivity, still valid today. It"s impact: productivity, value to business, application of information technology improves productivity. Productivity: using it allows companies to produce more/better/faster output from the same inputs. Structure of competition: using it can alter the way corporations compete. Ability to provide cheaper and better goods and services as a results of it and increased competition. Quicker/with fewer resources and/or facilities: doing things right. Increased effectiveness: company offers new or improved goods or services that is valued by the customer, doing the right things.