COMMERCE 2KA3 Chapter Notes - Chapter 1: Digital Goods, Extranet, Web 2.0

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Input captures or collects raw data from within the organization to form its external environment: processing converts this raw input into a meaningful form, output transfers the processed information to the people wo will use it or to the activities for which it will be used, feedback is output that is returned to appropriate members of the organization to help them evaluate or correct the input and processing stages. Key elements of org: people, structure, business processes, politics, culture. Disciplines of this approach: computer science concerned with establishing theories of computability, methods of computation and methods of efficient data storage, management science emphasizes the development of models for decision making and management practices, operations research focuses on mathematical techniques for optimizing selected parameters of orgs, such as transportation, inventory control, and transaction costs, behavioral approach: concerned with issues that arise in the development and lt maintenance of is. These issues are: strategic business integration, design, implementation, utilization, management.

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