Transcript Business and Technology - carlson

Understand applications and issues of
technology.
1
Management Tools
Technology Tools
Categories of information obtained from MIS:
◦ Financial
 Information for budgets and financial reports and
statements
◦ Production Planning inventory
 Information for production summaries and supplies
◦ Supply Chain Management
 Raw supplies needed to use in production
◦ Marketing and sales (Customer Relationship)
 Information to determine customer needs, economic
conditions, and competitors action
◦ Human resources
 Information about employees’ salaries, benefits and
evaluations
4

What is a Management Information System
(MIS)?
◦ MIS is an ordered system for processing and
reporting information in an organization
 Computer systems and software are an essential part
of MIS
 Managers use the information provided from MIS to
make essential business decisions

Four main components of a MIS:
◦
◦
◦
◦
Gathering data
Analyzing data
Storing data
Reporting results
5


Artificial intelligence (AI)
It is software that enables
computers to reason learn
and make decisions
◦ Voice recognition
software



Computer-aided
design (CAD)
◦ Create product
designs and models
quickly and cheaply.
Expert Systems
Computer programs that help people solve technical
problems - Medical services, financial planning,
legal matters, automotive repair.
6

What is E-commerce?
◦ Conducting business transactions using the Internet
or other technology.

Most common activities of E-Commerce:
◦
◦
◦
◦
◦
◦
◦
Providing product information
Promoting a company
Selling online
Conducting market research
Making payments
Obtaining parts and supplies
Tracking shipments
7
Four basic models for E-commerce:
◦ B2C: Business-to-Consumer
 Nike.com ships new Jordans directly to your house.
◦ B2B: Business-to-Business
 Office Depot ships supplies to Rocky River HS
◦ C2B: Consumer-to-Business
 Customers completing on-line surveys in order to
provide feedback to Dunkin’ Donuts
◦ C2C: Consumer-to-Consumer
 eBay.com – Craigslist - Autotrader
8

What is involved in robotics activities?
◦ Mechanical devices programmed to do routine
tasks.
◦ Bread Bakery
◦ Airline Ticket Agent

Dangerous situations; not safe for people.
◦ Glass Factory
◦ Aluminum Factory
9

Every morning more than 20 million
Americans travel to their offices for
work, but they never leave home. How
do they do that?????
◦ TELECOMMUTING
 Telecommuting saves time and money!
 Less traffic, less pollution, noise
reduction
10
Go To CNBC.com
Search
Few Skilled Workers
The first Article is from today
Read it and be ready to answer
questions about it.
11
How many people in the U.S. are still
looking for work?
Companies are creating jobs. Why
can’t they fill them?
Why aren’t college graduates going
into manufacturing?
What are the 2 most important
subjects that the U.S. is ignoring?
12

What are the 5 areas of a business MIS
needs to manage information for?

What is the purpose of MIS? Why is it
needed?

Describe the difference between Pure
Research and Applied Research.

Define Unlimited Liability.
13
Concerns of using
technology
2.04
What is the down side of all the
new and developing technology?
14
Employment Trends
 Many people feel that their jobs are being taken
away by computers
◦ Changes the type of worker that is needed
◦ Need workers skilled in programming, operating, or
repairing computer systems

Companies have to retrain displaced workers.
◦ Workers must get additional training so that they can
adapt to the changing job environment

Computer literacy is vital.
◦ The ability to use computers to process information or
solve problems.
15
Computer Crimes
White- collar crime is illegal acts carried out by office
or professional workers while at work.



A computer virus
Piracy is stealing or illegally copying software
packages or information.
Privacy
◦ Dishonest People have access to records
◦ Passwords can be hacked
◦ 1,000 people have ID stolen each day
16




Health Concerns
Eyestrain and vision problems
Muscle tension and nerve damage
Carpal tunnel syndrome
17




One Page hand-written or typed double
spaced
Summary of John Thain (CEO Merrill Lynch)
Bonus Scandal - Bank of America purchased
Merrill Lynch. What was the problem with
employee bonuses?
Office Decoration – How much did he spend
to decorate his office? What was the price of
some items that he purchased? Why was
decorating his office considered a scandal?
18