ITM 100 Lecture Notes - Lecture 1: Ad Tracking, The Home Depot, Place Shifting

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: O. Turetken

Document Summary

Note: 1/3 of total investments are spent on it (in trillions) Growing interdependence between: ability to us information technology and, ability to implement corporate strategies and achieve corporate goal. New services offered are all to do with tech: apple pays for banks, online banking, points for airlines, online ticket ad tracking . Home depot keeping track of million different items. Doing anything anytime (buy @ midnight: many firms close to becoming digital firms. Globalization: globalization challenges and opportunities, a "flattened world" Internet has drastically reduced costs of operating on global scale. Increase in foreign trade, outsourcing: presents both challenges and opportunities. Achieved b in sales: retail link system. 1: link suppliers to stores for superior replenishment system, new products, services, and business models, business model, how company produces, delivers and sells products or service to create wealth. They know how to use info systems for this purpose.