ITM 100 Lecture 1: ITM 100 - Chapter 1 Notes

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Mahmoud Jahani

Document Summary

Itm 100 unit 1: information systems in business today. Understand the effects of information systems on business and their relationship to globalization. Explain why information systems are so essential in business today. Define an information system and describe its management, organization, an technology components. Define complementary assets and explain how they ensure that information systems provide genuine value to an organization. Describe the different academic disciplines used to study information systems and explain how each contributes to our understanding of them. Explain what is meant by a sociotechnical systems perspective. Pricing at the canadian wheat board: a little more than numbers. Problem: current system for evaluating deals was not robust enough to adapt to organizational growth and was slow to respond to changing market regulations. Solutions: installed numerix analytics, a package that was quick to install, required little maintenance, and integrated seamlessly into the cwb operations streamlined, nearly fully automated process. Numerix transformed a complicated and labor-intensive process into a.