ITM Midterm Study Guide

ITM Midterm Study Guide - ITMStudyGuide Whatisknowledgework?

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ITM Study Guide What is knowledge work?  The intellectual activity that is performed by people upon data, information and  knowledge in order to discover business options.  What is a knowledge worker?  What are some examples of verbs associated with the activities of knowledge workers?  Describe, compile, consolidate, validate, ilustrate, analyze, clarify, modify, evaluate,  interpret, simulate and communicate For our purposes, a  business  is an organization with one or more people who: (1)  decide upon one or more goals to pursue (2) Work together to locate and organize resources  (3) Create processes in order to achieve the desired goal or goals  One of the most important factors influencing a business is the  business environment Approximately, 86,000 hours (40 hrs/wk x 50 wks/yr x 43 years) at work in an  organization over 16 times as many hours as  you  spent working to earn your degree Globalization  means that modern businesses are using information technology to: (1) expand their market to customers around the globe (2) to find the lowest-cost suppliers regardless of location (3) to create 24-hour business days by shuttling work across time zones and  nations Much of globalization is built around the INTERNET, which is simply a large number of  cooperating computer networks that use the same rules for sending messages.  Two biggest things we have now: Google and time zone. = GLOBALIZATION!
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ITM Midterm Study Guide - ITMStudyGuide Whatisknowledgework?

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