BUS 237 Lecture Notes - Lecture 3: Information System, Bargaining Power, Tablet Computer

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 237
• Professor: Maryam Ali

Document Summary

Productivity paradox - the increase in investment in information technology combined with small changes in worker productivity is referred to as the: how can it create business value. Productivity it allows a company to make either more output from the same input, and/or to make better output and/or to make the output faster then before the technology. Structure of competition it can alter the way corporations compete. Benefits to customers consumers may see cheaper and better goods and services as a result of it and increased competition: can is improve productivity. Increasing efficiency means that business processes can be accomplished either more quickly or with fewer resources and facilities (or both) Increasing effectiveness means that the company offers new and/or improves goods or services that the customers value. Doing the right things : business processes and value chains. When considering the effectiveness and efficiency of an organization, we are considering the companies" business.