Data Innovation and E-Trade: Overseeing Data, Learning, and Business Connections

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Data Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships ... Overseeing Information, Knowledge, and Business Relationships ...

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Data Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships McGraw-Hill/Irwin Introduction to Business © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. Section Nine

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Distinguish between information, data, and learning and recognize the attributes of helpful data. Clarify the relationship between IT, upper hand, and benefit. Examine five noteworthy IT applications utilized by organizations today to fabricate upper hand. Separate B2B trade and B2C Commerce Identify the real equipment and programming parts of IT and E-Commerce and depict how they have developed after some time.

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Information Technology Computer and interchanges equipment and programming joined with The aptitudes of the fashioners, administrators, clients Applied to gain, characterize, input, mastermind, compose, control, store and transmit Facts, information and data To make business learning and advance hierarchical learning

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Managing Information/IT Businesses have overpowering measure of information and data about clients, contenders, and their own particular operations Thus, must oversee data and IT The capacity to deal with this information can mean the distinction amongst achievement and disappointment An auxiliary esteem chain work since the greater part of a company's business exercises are connected to IT

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Characteristics of helpful data are Complete Relevant Timely Accurate Reliable

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships IT fabricates an upper hand unrivaled profitability more information about business exercises predominant quality screen forms better prevalent advancement speedier item process durations better responsiveness than clients more insight about clients

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships IT Systems Applications Transaction Processing (TP) catch information about fundamental everyday business exchanges Knowledge Management (KM) take data and learning from the TP framework and make it more pertinent to chiefs Enterprise asset arranging (ERP) multi-module programming that connections all useful exercises Artificial knowledge (AI) intended to mirror human conduct and give PC based help/guidance in playing out certain business exercises

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships TPs catch exchange information bookkeeping, acquiring, stock, creation, deals from routine everyday exercises ERPs enhance gainfulness by accelerating item improvement, enhancing deals incomes driving down working expenses while keeping up quality enhancing consumer loyalty utilizing client relationship administration (CRM) frameworks

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships IT Systems Applications According to Pareto's Rule if supervisors have 20 percent of the vital data, they can create 80 percent of the information they have to enhance proficiency and viability Data correspondence systems, both open and private, convey surges of computerized information The biggest open correspondences organize, the Internet, is an enormous system of systems connecting a huge number of PCs offering data on business around the globe The Net is the most vital e‑mail framework on the planet

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Internet The World Wide Web is a framework with generally acknowledged norms for putting away, designing, recovering, and showing data WWW gives basic dialect that empowers clients around the globe to "surf" the Net utilizing a typical configuration HTTP and HTML

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Intranets are private systems that any organization can create to amplify Net innovation inside - transmitting data all through the firm Intranets are available just to representatives, with access to outcasts forestalled by equipment and programming security frameworks called firewalls

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships The Networked Organization Information systems are prompting to leaner associations Fewer representatives and less difficult authoritative structures Because organized firms can keep up electronic, as opposed to human, data linkages among representatives and clients

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships The Networked Organization Operations are more adaptable electronic systems permit organizations to offer more noteworthy item assortment and quicker conveyance cycles. intranets and the Internet permit more noteworthy coordinated effort among inner units and with outside firms Geographic separation amongst working environment and office is more regular electronic linkages are trading the requirement for physical nearness between the organization and its workstations Improved administration forms administrators have fast access to more data about the present status of organization exercises less demanding access to electronic devices for arranging and basic leadership

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships B2B or B2C? E-trade frameworks are either business to business (B2B) or business to client (B2C) In B2B the esteem chains are connected and permits them to diminish working expenses and enhance item quality The primary components of a data framework incorporate equipment, programming, information, and individuals

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Hardware Components of E-Commerce Legacy frameworks PCs, PDAs Servers/customers Internet PCs, servers, switches, fiber optic link, phone lines, remote/broadband innovation WWW Content of Internet – sites, pages (HTML), web servers, web has

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Software Components of E-Commerce PC working framework, applications Computer security programming firewalls infection assurance Mobile registering programming programs email

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Managing IT: Control is essential guarantee that the framework works effectively that information and data are transmitted through secure channels to individuals who truly require them supported by the utilization of electronic efforts to establish safety, for example, firewalls, that bar passage to the framework by unapproved untouchables

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Managing IT: People are additionally part of the data framework - IT learning laborers incorporate frameworks examiners who plan the frameworks software engineers who compose programming guidelines advising PC what to do framework clients

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Chapter 9 Information Technology and E-Commerce: Managing Information, Knowledge, and Business Relationships Managing Information Never before has IT turned out to be important to the point that individuals get to be PC proficient and build up the abilities that will permit them to profit by proceeding with advances in IT Evaluate the part of the Louisville Slugger video and identify with IT, E-Commerce and business connections

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