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chapter11MANAGING THEMANAGING THEDIGITAL FIRMDIGITAL FIRMDr. Marwa Ghareeb1
THE CHANGING BUSINESSENVIRONMENT1.GLOBALIZATION2.INDUSTRIAL ECONOMIES3.TRANSFORMATION OFTHE ENTERPRISE2
1. GLOBALIZATIONMANAGEMENT & CONTROLCOMPETITION IN WORLD MARKETSGLOBAL WORK GROUPSGLOBAL DELIVERYSYSTEMS3
2. INDUSTRIAL ECONOMIESKNOWLEDGE-BASED ECONOMIESPRODUCTIVITYNEW PRODUCTS & SERVICESKNOWLEDGE AS AN ASSETTIME-BASED COMPETITIONSHORTER PRODUCT LIFELIMITED EMPLOYEEKNOWLEDGE BASE4
3.TRANSFORMATION OFENTERPRISEFLATTENINGDECENTRALIZATIONFLEXIBILITYLOCATION INDEPENDENCELOW TRANSACTION COSTSEMPOWERMENTCOLLABORATIVE WORK5
EMERGENCE OF THEDIGITAL FIRMDIGITALLY-ENABLEDRELATIONSHIPSWITHCUSTOMERS, SUPPLIERS, EMPLOYEESCORE BUSINESS PROCESSES VIADIGITALNETWORKSDIGITAL MANAGEMENTOFKEY ASSETSRAPID SENSING &RESPONDINGTO CHANGE6
SYSTEMSYSTEMINPUTOUTPUTPROCESSFEEDBACK7
FUNCTIONS OF ANINFORMATION SYSTEMFUNCTIONS OF ANINFORMATION SYSTEMINPUTOUTPUTPROCESSFEEDBACKINFORMATION SYSTEMINFORMATION SYSTEMENVIRONMENTENVIRONMENTCustomersSuppliersCustomersSuppliersRegulatoryStockholdersCompetitorsRegulatoryStockholdersCompetitorsAgenciesAgenciesORGANIZATIONORGANIZATION8
The Components of SystemInput:The activity of gathering and capturing raw data.Processing:Converting or transforming data into useful outputs.Output:Production of useful information, usually in the form of documents andreports.Feedback:Output that is used to make changes to input or processing activities.Feedback is critical to the successful operation of a system.9
DATA & INFORMATIONDATA:STREAMS OF RAW FACTSREPRESENTING EVENTS SUCH ASBUSINESS TRANSACTIONSINFORMATION:CLUSTERS OF FACTSMEANINGFUL & USEFULTO HUMANBEINGS IN PROCESSES SUCH ASMAKING DECISIONS.(processed data that convey meaning and value that are useful to people)10
Data:Raw facts, such as an employee number, total hoursworked in a week, inventory part numbers, or salesorders.

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Term
Spring
Professor
Kamal
Tags
System software

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