BUS 188 - 2

week 2

Quiz on chapter 1 next week
Sign-in sheet must be signed.
Team HW/Exercise due next week on BB by 6PM
chapter 1: closing case three- the world is flat pg 33

CH1

Information Systems in Business

IT helps customer services
IT Goals = Reduce cost/ improve productivity

Data->Information-> Business Intelligence
Improving Communication

Porter Five Forces Model
1 Buying Power
2 Supplier Power
3 Threat of New Entrance
4 Threat of substitute Product or service
5 Rivalry among existing Competitors

Cost Strategy
Low Cost High Cost
Broad Market Narrow Market