BU111 Lecture Notes - Lecture 1: Triple Bottom Line, Disintermediation, Voice Of The Customer

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BU111 Full Course Notes
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BU111 Full Course Notes
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Understand the business environment and how it afects business decision making. Call her whatever sofy, doctor, dr. c, professor, whatever. Oice hours: tuesday 10-11:30 am, or by appointment. Speed of obsoleteness increasing computers for example. Data, data, data ind it faster than ever, but there"s too much data, igure out what"s credible. Vanishing distance: distance b/w customer, supplier, etc. , shrinking, so imetables compressed. Demographics study of human populaion driving change. Triple botom line: used to train students to only make money, only think of the botom line, now, most business schools train you to recognize responsibility to employees, your community, and the environment, people, planet, proit. 10+ paricipaion marks (cannot miss more than one lab!) Must pass at least one exam to pass the course. Understand the 6 criical success factors and their interrelaionships. Understand the relaionship between the irm and its external environment: diamond-e model.

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