GMS 200 Study Guide - Computer Hardware, Word Processor, Beek

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Sui Sui

Document Summary

Information was stored in filing cabinets not hard drives: no desktop or pc, no word processing, no email, no voice mail. In 1965, gordon moore, intel"s co-founder, predicts that computer-processing power would double and its cost would drop by 50% about every two years. Today, computer hardware and software are an integral part of managing business information. Information and knowledge: the productivity of knowledge and knowledge workers depends on computer and information competency, data: raw facts and observations. Figure 13. 1 internal and external information needs of an organization. Figure 13. 2 information technology is breaking barriers and changing organizations. Some companies work better together, rather than competing against each other. Figure 13. 4 three environments for managerial decision making and problem solving. Crisis decision making: an unexpected problem that can lead to disaster if it is not resolved quickly and appropriately; e. g. natural disasters.