ITM 102 Study Guide - Final Guide: Identity Management, Local Shared Object, Computer Vision

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Document Summary

Operational excellence improvement of efficiency and higher profitability. Retail link system links suppliers to stores. Information systems -> a set of components, collecting, processing and distributing information. Information technology -> hardware and software that a business needs to achieve objectives. Business strategies, objectives software -> hardware, data management, telecommunication. Dimensions of information systems: organizations, technology, management. Technical approach (mathematical: computer science, management science, operations research. Behavioral approach (behavioral issues: psychology, economics, sociology. Combines computer science, management science, operations research, practical orientation with behavioral issues. Actors: suppliers, business firms, managers and employees, firm"s environment. Sociotechnical view -> optimal organizational performance achieved by jointly optimizing social and technical systems used in production. Shifts in media: more news delivered online. Globalization challenges and opportunities: a "flattened"" world. In a fully digital firm: business relationships are digitally enabled, business processes are accomplished through digital networks, corporate assets are managed digitally. Digital firms offer flexibility in organization and management.