COMMERCE 2KA3 Chapter Notes - Chapter 1: Place Shifting, Computing Platform, Cloud Computing
27 Apr 2018
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Chapter 1- Info. Systems in Global Business Today
- E-commerce and Int. Advertising continue to expand
- Three interrelated change in the tech. area
o The widespread adoption of the mobile computing platform
o The growing business of “big data”
o The growth in “cloud computing”; where more and moe business software runs
over the internet
▪ Lrg. # of business run their software over the Internet
- These changes allow companies to rely on telecommuting, remote work, telework
-
- The industrial rev. was a WW phenomenon dictated by expansion of trade among
nations and the emergence of the first global econ.
- The Emerging Digital Firm
o Digital Firm: one iin which nearly all of the org’s significant business rtlshps. W/
cust., suppliers and employees are digitally enabled an mediated
o Core bus. Processes are accomplished thru dig. Ntwk. Spanning the entire org. or
linking multiple orgs.
o Business Processes: the set of logically related tasks and behaviours that orgs.
Develop over time to produce specific business results and the unique manner in
which these acts are organized and coordinated
▪ Eg. Develop a new product, making an order, marketing plan, hiring an
employee
▪ The way the fulfill their bus. Processes can be a comp. strength
o Key Corp Issues: Intellectual prop., core competencies, and financial/ human
assets-> managed thru digital means
▪ Time shifting: corps. Running 24/7
▪ Space shifting: corps. Running globally
- Strategic Business Obj, of Info. Systems
o An increased interdependence btwn. A firm’s ability to use info. Tech. and its
ability to implement corp. strategies and achieve corp. goals
o Six strategic obj. business who invest in info. Systems want to achieve
▪ Operational Excellence
▪ New Products, services and business models
▪ Cust. And supplier intimacy
▪ Imprvd. Decision making
▪ Comp. Adv.
▪ Survival
o Opr. Excellence
▪ Businesses contin. Seek to improve the efficiency of their opr. In order to
achieve higher profitability
o New P, S, and BM
▪ Info. Systems and tech. are a major enabling tool in creating new
products
▪ Business Model: how a company produces, delivers, and sells a product
or service to create wealth
o Cust. And Supplier Intimacy
▪ When a business gives the cust. What it wants and serves them well,
cust. Usually come back to buy more; raises rev. and profits
▪ Same w/ supplier; the more a business engages its suppliers, the better
the suppliers can provide vital inputs; lowers cost
o Imprvd. Decision Making
▪ Info. Systems have mode it possible for managers to use real-time data
from the marketplace when making decisions
o Comp. Adv.
Document Summary
Three interrelated change in the tech. area: the widespread adoption of the mobile computing platform, the growing business of big data , the growth in cloud computing ; where more and moe business software runs over the internet, lrg. # of business run their software over the internet. These changes allow companies to rely on telecommuting, remote work, telework. The industrial rev. was a ww phenomenon dictated by expansion of trade among nations and the emergence of the first global econ. The emerging digital firm: digital firm: one iin which nearly all of the org"s significant business rtlshps. W/ cust. , suppliers and employees are digitally enabled an mediated: core bus. Spanning the entire org. or linking multiple orgs: business processes: the set of logically related tasks and behaviours that orgs. Develop over time to produce specific business results and the unique manner in which these acts are organized and coordinated: eg.
