ITM 102 Chapter Notes - Chapter 1: Web 2.0, Cloud Computing
Document Summary
Chapter 1: information systems in global business today. Emerging mobile digital platform; products/technologies adopted by businesses to improve management and gain competitive advantage. Web 2. 0 (social networking, wikis, collaboration tools) make it easier to make decisions. These advancements make it easier to outsource work, and rely on markets to build value/make products foe efficient and communicate globally. Flat world; internet and global communication decrease economic/cultural advantages. Companies are competing against outsourcing (low wages) Outsourcing developed new info systems in north america: emergence of internet, reduced costs, and free information.