ITM 102 Study Guide - Midterm Guide: Competitive Advantage, Online Transaction Processing, Online Analytical Processing
Document Summary
Netflix not a technology company; primary business focus is renting books videos financial services. Any canadian bank not technology companies; primary business is. The challenge: brining separate functions together: human resources: maintains policies, plans and procedures for the effective management of employees, sales: performs the function of selling goods and services, marketing: supports sales by planning, pricing and promoting goods or services, accounting: records, measures and reports monetary transactions. Information systems (is) any computer based tool that people use to work with information and that supports the information and information processing needs of an organization: an information system can be an important enabler of business success and innovation, management information systems (mis) the function that plans for, develops, implements, and maintains is hardware, software and applications that people use to support the goals of an organization, mis is a business function, similar to accounting, finance etc, these three terms for not the same.