MGTA02H3 Study Guide - Final Guide: Personal Selling, Credit Union, Sales Promotion
1 May 2013
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MGTA02H3 Full Course Notes
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Information managers- managers responsible for activities needed to generate, analyze, and disseminate information for a company to make useful decisions. Information management- an internal operation which gathers a company"s information resources to support a business" performance and outcome. Information- interpretation of the raw facts and figures. Information system- an organized system which transforms raw data into useful information that the company can use for decision making. Improve performance: assist in scheduling day to day trip vehicle trips, evaluating prospective employees, and formulating a business" strategy. In 1950"s-1960s- small technical problems, 1960s-1970"s- small management problems, 1970s-1980"s- high management problems, 1990"s-2000s- organization wide planning and implementation: quality control standards- comparing costs against budgeted amounts, keeping records of employees absences and turnovers, planning future products and demographics, financial planning, managing material flow etc Electronic information technologies- is applications based on telecommunications technologies. They improve business performance by following two functions: providing coordination and communication with them firm, speeding up transactions with other firms.
