MGCR 331 Chapter Notes - Chapter 1: Consumer Privacy, Breakcore, Operations Management

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Chapter 1: Setting the Stage: Technology and the Modern Enterprise
Section 1: Tech’s Tectonic Shift: Radically Changing Business Landscapes
- Learning Objective:
o Appreciate how in recent years, technology has helped bring about radical
changes across industries and societies
- Social media:
Catalyst for global change
- Technology can capture injustice, broadcast it to the world, disseminate ideas, and
rally the far-reaching
- U.S. does not held the number one ranking in home broadband access
Ranked 15th
- Open source software powers most of the web sites
- Cloud computing and software as a service are sophisticated, high-powered
computing into a utility available to even the smallest businesses and nonprofits
Section 2: It’s your revolution
- Learning objective:
o Name firms across hardware, software, and Internet businesses that were
founded by people in their 20s or younger
- Entrepreneurship has no minimum age requirement.
- The ranks of tech revolutionaries are filled with young people
o Several leading firms and innovations are founded by young people in ages of
20s.
Section 3: Geek up Tech is everywhere and you’ll need it to thrive
- Learning objective:
o Appreciate the degree to which tech has permeated every management
discipline.
o See that tech careers are varied, richly rewarding, and poised for continued
growth.
- Tech skills are becoming more important in all other management disciplines
- Moore’s Law:
As computing gets both faster and cheaper, it gets “baked into” all sorts of
products and shows up everywhere
Outsourcing push technology costs lower
- Finance:
o Tech is part of personal investments
o Usage of tech:
Transfer of funds
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Document Summary

Chapter 1: setting the stage: technology and the modern enterprise. Section 1: tech"s tectonic shift: radically changing business landscapes. Learning objective: appreciate how in recent years, technology has helped bring about radical changes across industries and societies. Technology can capture injustice, broadcast it to the world, disseminate ideas, and rally the far-reaching. U. s. does not held the number one ranking in home broadband access. Open source software powers most of the web sites. Cloud computing and software as a service are sophisticated, high-powered computing into a utility available to even the smallest businesses and nonprofits. Learning objective: name firms across hardware, software, and internet businesses that were founded by people in their 20s or younger. The ranks of tech revolutionaries are filled with young people: several leading firms and innovations are founded by young people in ages of. Section 3: geek up tech is everywhere and you"ll need it to thrive.

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