sub of machines for human skill and effort

sub of inanimate for animal power - steam engine

sub of new raw materials, especially minerals, for vegetable and animal substanc
es.
rapid adoption of many innovations
companies use IT as a new source of energy
helps the organization collect, store, retrieve, and apply knowledge to solve pr
oblems
changed the economy
omputers are used extensively for communications
also used for traditional roles of data storage and computation.
IT refers to all forms of Technology used to process, store. and transmit info i
n electronic form
we define infromation as tangible or intangible entity that serves to reduce unc
ertainty about some
state or event
info tangible or intangible entity that reduces uncertainty
info used primarily for control
Various factors influence the way in which info is interpreted
Organization itself affects the interpretation
Personal and situational factors
People who have different ideas
info can be characterized in a number of ways
Knowledge is a strategic resource
support decision making
various cycles and stages
Different types of organization produce different desicion making procedures
info-rich environments
it is important that a manager has some conceptual model
Frameworks are designed around the decision making activities of the organizatio
n to improve the processing of info
links the organiztion together
a change in one component is likely to cause changes in others

obtain an advantage over old ways of doing business

Areas that can be improved using info systems include Processing Transactions, D
ecision Support, Knowledge Worker support,
Groupware and Inter-organizational Systems
Communications, Networking and databases
Transactions Processing System, Decision-Oriented System and a Comm System
most popular is the client- server architecture
Technology can be used to dramatically restructure organizations
formal and the informal organization
3 factors that effect structure are uncertainty, specialization and coordination
Interdependence is a major influence in structure
Flexibility is the ability to adapt.
some kinds of business can be conducted at any time
firm must decide on a corporate strategy
there are generic strategies available, and some more Specific strategies
capitalize on Info Tech, by making it and integral part of their planning proces
s
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1 a sensor determines actual conditions, and a comparison device compares the st
andar with what actually exists
2 if the difference between reality and the standard is too great, the compariso
n device sends a signal to take action
3 the action taken in turn affects the sensor and standard, and the cycle contin
ues until the comparison device finds agreement between sensor
and standard, and stops signaling for action.