ITIS 2P91 Study Guide - Midterm Guide: Cast Net, High-Definition Television, Telecommuting

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Document Summary

Collects, processes, stores, analyzes and disseminates info for speciic purposes. Get right info to right people at right ime in right amount and right format to support business process and decision making. Funcion that plans for, develops, implements, maintains is hardware, sotware, and applicaions to support goals of an organizaion. Need for is: emergence of global economy, transformaion of industrial economies, time based compeiion, shorter product life, transformaion of business enterprise, decentralizaion, lexibility, locaion independence, emerging digital irm. Store huge amounts of easily accessible info in small space. Quick and inexpensive access to vast amounts of info worldwide. Business perspecive: automate: do things faster, organizaional learning: do things beter, supporing strategy: do things smarter, ex/ body metrics. Society perspecive: afects quality of life, improvements in health care. Used by all funcioning areas in an organizaion: forecast revenues and business acivity, audiing, product, promoion, price analysis, process orders, develop producion schedules, control inventory levels, monitor product quality.

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