to increase ROI
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less input, more output
wisdom
,Give this one a try later!
collective and individual experience of applying knowledge to the solution
of problems
the "why?"
^most difficult question. (almost impossible) we investigate correlations,
NOT find causality
ethical "no free lunch" rule
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assume that virtually all tangible and intangible objects are owned by
someone unless there is a specific declaration otherwise
technical approach
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- emphasizes mathematically based models
- computer science, management science, operations research
OLTP
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online transaction processing
, ex: every time someone likes a fb photo, it is recorded online in a database.
"the transaction is registered"
ethical principles
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- golden rule
- immanuel kant's categorical imerative
- descartes' rule of change
- utilitarian principle
- risk aversion principle
- ethical "no free lunch" rule
Business Intelligence:
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applications and technologies (data & software tools for organizing and
analyzing data) used to help managers and users make better decisions
model driven DSS
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- small but powerful
- voyage-estimating systems
- calculates financial and technical voyage details
, organization (behavioral definition):
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a collection of rights, privleges, obligations, and responsibilities that is
delicately balanced over a period of time through conflict & conflict
resolution
Why do we need complementary assets?
Give this one a try later!
IT alone does not guarantee good returns.
**firms need to change the way they do business to really reap the
advantages of new IT.
business ecosystems
Give this one a try later!
adopted in high-tech communities (eg. IS)
ex: Microsoft, ATT, Dell, & Google are all in a bus. ecosystem.
^all of these things are from diff. industries but they all need to work
together & be compatible w/ one another for people to want to buy one
another.
co-opetition
Give this one a try later!
less input, more output
wisdom
,Give this one a try later!
collective and individual experience of applying knowledge to the solution
of problems
the "why?"
^most difficult question. (almost impossible) we investigate correlations,
NOT find causality
ethical "no free lunch" rule
Give this one a try later!
assume that virtually all tangible and intangible objects are owned by
someone unless there is a specific declaration otherwise
technical approach
Give this one a try later!
- emphasizes mathematically based models
- computer science, management science, operations research
OLTP
Give this one a try later!
online transaction processing
, ex: every time someone likes a fb photo, it is recorded online in a database.
"the transaction is registered"
ethical principles
Give this one a try later!
- golden rule
- immanuel kant's categorical imerative
- descartes' rule of change
- utilitarian principle
- risk aversion principle
- ethical "no free lunch" rule
Business Intelligence:
Give this one a try later!
applications and technologies (data & software tools for organizing and
analyzing data) used to help managers and users make better decisions
model driven DSS
Give this one a try later!
- small but powerful
- voyage-estimating systems
- calculates financial and technical voyage details
, organization (behavioral definition):
Give this one a try later!
a collection of rights, privleges, obligations, and responsibilities that is
delicately balanced over a period of time through conflict & conflict
resolution
Why do we need complementary assets?
Give this one a try later!
IT alone does not guarantee good returns.
**firms need to change the way they do business to really reap the
advantages of new IT.
business ecosystems
Give this one a try later!
adopted in high-tech communities (eg. IS)
ex: Microsoft, ATT, Dell, & Google are all in a bus. ecosystem.
^all of these things are from diff. industries but they all need to work
together & be compatible w/ one another for people to want to buy one
another.
co-opetition
