ADM2372- Final Exam Guide - Comprehensive Notes for the exam ( 76 pages long!)
Document Summary
Amazon. com which is known as the #1 online store. It started off as jeff bezos wanting to sell books online but it became something that has been growing over the years. Netflix saw the opportunity to offer unlimited viewing of rented movies for a small price every month. This became a game changer as technology grew which made blockbuster go bankrupt due to the change in trend. Business undertake enterprise-wide it initiative to: lower costs, generate growth. It provides: communication, data and information analysis. Organizations typically operate (cid:271)y fu(cid:374)(cid:272)tio(cid:374)al areas or (cid:862)silos(cid:863) Departments must function interdependently to share common information. Sales and marketing forecasting, segmentation, advertising, promotions. Operations and logistics purchasing, supplying, receiving, transportation. Accounting and finance accounting, planning, budgeting, tax, costs. Human resources hiring, training, benefits, and payroll. Accounting provides quantitative information about the finances of the business including recording, measuring, and describing financial information.