ITM 102 Lecture Notes - Lecture 1: Social Business, Cloud Computing, Business Intelligence
Document Summary
Cha pte r 1 informa tion s ys te m in bus ine s s toda y. 1. 1 th e ro le o f in fo rm a tio n s ys te m in bu s in e s s to d a y. Globa lis a tion cha lle nge s a nd opportunitie s : a fla tte ne d world. Inte rne t a nd globa l communica tion re duce d e conomic a nd cultura l a dva nta ge s. Inte rne t: inte rna tiona l communica tion s ys te m re duce d ope ra ting cos ts a nd tra ns a ction cos ts. Digita l firm: s ignifica nt bus ine s s re la tions hip a re digita lly e na ble d a nd me dia te d.