MIST 2610 Lecture Notes - Lecture 6: Tim Hortons, Business Process, Business Process Management
Document Summary
Mid term will be next thursday at 1pm. Tie back to course or running case study. Is a group of components that interact to create a system. Collect data, give ticket, and pay, feeds into inventory. Is focusing on the organizations information and tech systems. Mis are applications built by mis managers that are designed and maintained to analyze business problems. Is is the system of hardware, it is the raw components of hardware data and software. Technology is cheaper better and faster as time goes on. Supply chain- business chain, everything works together, know when to order more and inventory info. Example: make tires out of rubber trees, take the sap, put onto ship to canada unload then go to factory to make go onto transportation to tire stores to be sold to consumer. Example tim horton"s turning coffee beans into coffee to sell. Activities use information to determine how to transform the inputs received into the outputs produced.