MGTA02H3 Chapter Notes - Chapter 3: Enterprise Resource Planning
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MGTA02H3 Full Course Notes
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Information system (is): an organized method of transforming data into information that can be used for decision making. Data communication networks: global networks that permit users to send electronic messages quickly and economically. Internet: network that serves computers and offers information: world wide web: a system with universally accepted standards for storing, retrieving, formatting and displaying information on the internet. Intranet: a company"s private network that is accessible only to employees via entry through electronic firewalls: extranet: a network that allows outsiders limited access to a firm"s internal information system. New options for organizational design: the networked enterprise. Leaner organizations: firms require fewer employees with less middle-managers. More flexible operations: mass-customization: producing large volumes of products or services but giving customer the choice of features and options they want www. notesolution. com. Enterprise resource planning: large information systems for integrating all the activities of a company"s business units.
