ISM 3013 Study Guide - Spring 2019, Comprehensive Midterm Notes - Time, Netflix, Linux

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Ism3013: week 2 notes (1. 1- importance of information systems) Ism3013: week 4 notes (1. 2- strategy and information systems: strategy and information systems. Strong threat of substitute products with coca-cola vs. pepsi (competitor), coca- cola vs. orange juice, tea, gatorade, water (substitutes), weak threat of substitute. Information systems: business processes + information systems (and competitive advantage, margin (increases) = value (increases) cost (decreases, business process: redesign : align with competitive strategy (cost. Internet- ip: network interface- ethernet, network architecture, client server, one server provides all of the resources to multiple users, peer to peer, everyone is a client and a server (all the users share responsibility. It is the information age (always improving and radically changing: competing in the information age, amazon: not a technology/information company (retail company, netflix: not a technology/information company (video rental company, challenges. Information systems: an information system collects, processes, stores, analyzes, and disseminates information for a specific purpose (both inside and outside your organization)

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