ITM 102 Chapter Notes -Performance Indicator, Decision Support System, Business Process Reengineering

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 102
• Professor: Bob Hudyma

Document Summary

Business information systems note 2- september 11th, 2014. Once a company enters a market using one of the three generic rules, it must create and execute a business strategy. Value creation: a business process is a standardized set of actions taken by a company. A value chain breaks down a company"s actions and sees where it can improve. Is systems are used to measure and value these differences made by companies to establish their effectiveness. It is a highly effective tool since it is easy and extremely quick. Humans are no unable to go through all the data and come to decisions without is. Also consumers want products that are at the top of the market, and advanced. Companies that excel have series of is systems in play to sort data, create products, and solve problems. Operational: employees must create and maintain core business activities.