COMMERCE 1B03 Lecture Notes - Global Positioning System, Radio-Frequency Identification, Enterprise Resource Planning
28 Apr 2013
School
Department
Course
Professor
Document Summary
Business technology has often changed names and roles. In the 1970s, business technology was known as data processing (dp). Information is the processed and organized data that can be used for managerial decision making. ) Dp was used to support an existing business; its primary purpose was to improve the flow of financial information. In the 1980s, business technology became known as information systems (is). These is moved out of the back room and into the centre of the business. Their role changed from supporting the business to doing business. Businesses shifted to using new technology on new methods. Business technology then became known as information technology (it), and its role became to change business. information technology (it) technology that helps companies change business by allowing them to use new methods. As it breaks time and location barriers, it creates organizations and services that are independent of location. virtualization accessibility through technology that allows business to be conducted independent of location.
