ITM 100 Study Guide - Final Guide: Freemium, Crowdsourcing, Sql Injection

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Bob Hudyma

Document Summary

Chapter 1: information systems in global business today. Service: the internet has stimulated globalization by dramatically reducing the costs of producing, buying and selling goods on a global scale. There are two main perspectives on information systems: a technical one and a business one. Intranets, extranets: cloud computing, software as a service. Every business can be seen as a collection of business processes. Business processes are tied to a specific functional area. Managers pay attention and closely analyze their business processes because they determine how well the organization can execute its business. Information systems automate many steps in business processes and they can help organizations redesign and streamline the processes. New technology can change the flow of information making it possible for many people to access and share information, replacing sequential steps. New technology often supports entirely new business models.