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Unformatted text preview: Metcalf’s Law-Moores- power of processors doubles every Globalization- economic nd cultural systems are increasingly interconnected on a global level Globalization has flattened the world. Thomas Friedman- author of World is Flat, Lexus and the Olive Tree Markets and communities are now world wide Standardization and integration Factors which create a globalized business- economic, societal, technology Sears, Roebuck and Co. – Location effect- removes geography as a barrier to relationships Impac of bullwh effect- excessive inventory, poor customer service, ineffective transportation use, misused ERP- Enterprise Resource Planning CRM- Customer Relationship Management SCM- Supply chain management Causes of bullwhip effect- price promotions,-batch purchasing,-forecasting/trend analysis,-shortage gaming-example of relational database-...
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This note was uploaded on 02/23/2011 for the course MIS 111 taught by Professor Neumann during the Spring '08 term at Arizona.
- Spring '08