12500
Q1-1: What is an Information System? Information System A system is a group of components that interact to achieve some purpose. An information system (IS) is a group of components that interact to produce information. It does not have to be computerized, but let’s think about it like that for now. 5 Components of an Information System All information systems comprise of a five-component framework: Hardware: The electronic components & associated gadgetry that constitute a computer system. It’s
7400
Q2-1: “How Did This Stuff Get Here?” Imagine you order a latte and a breakfast sandwich from Tim Hortons. How did all the ingredients to get to that one store? Hundreds—if not thousands—of different processes successfully interacted just to bring together a breakfast sandwich, coffee, milk and you. All those processes had to do more than just barely work. They had to work in such a way that all the companies and people who worked with those processes covered their costs and earned a profit. The
Introduction to Management Functions
University of Toronto (Mississauga)
85 Notes
MVP: Falah Khokhar
Management Accounting I
11 Notes
MVP: Simon Seto
Management in a Changing Environment
33 Notes
MVP: Jean Yang
Introduction to Business in North America
University of Waterloo
6 Notes
MVP: Prannoy Lal
Introduction to Economics
22 Notes
Introduction to Sociology
35 Notes
MVP: Daler Aliberdiev