COMMERCE 2KA3 Study Guide - Fall 2018, Comprehensive Midterm Notes - Information System, Social Business, Outsourcing

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 2KA3
• Professor: Ali Reza Montazemi

Document Summary

Chapter 1: information systems in global business today. The emerging digital firm: nearly all of the organization"s significant business relationships with customers, suppliers and employees are digitally enabled and mediated, core business processes are, accomplished through, digital networks that span and link organizations. 1. 1 the role on information systems in business today: billion spent on information communication and technology in 2011, global spending on information systems hardware, software, and telecommunications equipment was . 6+ trillion. What is new in management information systems: new businesses and industries appear, old declines and successful firms learn how to use the new technologies. Flexible collection of computers on the internet begins to perform. Big data tasks that normally performed on corporate computers. When for information from huge volume for data that require new data management tools to capture, store, and analyze. A mobile digital platform emerges to compete with.