Chapter 1.docx - #NOTES Information Systems \u2013 A system that brings together four critical components to collect process manage analyze and distribute

Chapter 1.docx - #NOTES Information Systems u2013 A system...

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#NOTES! - Information Systems – A system that brings together four critical components to collect, process, manage, analyze, and distribute information; the four components are people, technology, processes, and data. - The Internet of Things – The network of physical objects that contain sensors and technology that enable them to collect and exchange data. - Information systems – A system that brings together four critical components to collect, process, manage, analyze, and distribute information; the four components are people, technology, processes, and data. - Operations management – The area of management concerned with the design, operation, and improvement of the systems and processes the organizations uses to deliver its goods and services. - Data driven decisions – Decisions making that draws on the billion of pieces of data that can be aggregated to reveal important trends and patterns. - Competitive advantage – Anything that gives a firm a lead over its rivals; it can be gained through the development and application of innovative information systems.
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  • Spring '18
  • Management, Customer relationship management, Customer Relationship Management System

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