SUMMARY OF MGT 300 INFORMATION TECHNOLOGY IN BUSINESS

Chapter 15 – Creating Collaborative Partnerships Teams, Partnerships, and Alliances Organizations create and use teams, partnerships and alliances to; Undertake new initiatives Address both minor and major problems Capitalize on significant opportunities Organizations create teams, partnerships and alliances both internally with employees and externally with other organizations Collaboration system – supports the work of teams by facilitating the sharing and flow of information Organizations from alliance and partnerships with other organizations based on their core competency Core competency – An organization’s key strength, a business function that it does better than any of its competitors Core competency strategy – Organization chooses to focus specifically on its core competency and forms partnerships with other organizations to handle nonstrategic business processes Information technology can make a business partnership easier to establish and manage Infor

Chapter 14 -  Creating Collaborative Partnerships COLLABORATION Ø    Teams, Partnerships, and Alliances Ø  Organizations create and use teams, partnerships, and alliances to : ü  Undertake new initiatives ü  Address both minor and major problems ü  Capitalize on significant opportunities ü  Organizations create teams, partnerships, and alliances both internally with employees and externally with other organizations Collaboration Systems Ø    Collaboration system – supports the work of teams by facilitating the sharing and flow of information Ø    Organizations form alliances and partnerships with other organizations based on their core competency            ·   Core competency – an organization’s key strength, a business function that it does better than any of its competitors            ·   Core competency strategy – organization chooses to focus specifically on its core competency and forms partnerships with other organizations to handle

CHAPTER 13 E-BUSINESS New chapter & New day. Starts everything with Bismillah &  Ends with Alhamdulillah c;   LEARNING OUTCOMES 14.1 Compare E-Commerce and E-Business 14.2 Compare the four types of E-Business models. 14.3 Describe the benefits and challenges associated with E-Business. 14.4 Explain the differences among E-Shops, E-Malls & Online Auctions. 1. E-BUSINESS  >  The Internet is a powerful channel that presents new opportunities for an organization to; Touch Customers. Enrich products and services with information. Reduce Costs. 2. E- COMMERCE & E- BUSINESS. >  How do e-commerce and e-business differ? E- Commerce  – The buying and selling of goods and services over the Internet (online transactions). E- Business  – The conducting of business on the Internet including, not only buying and selling, but also serving customers and collaborating with business partners (online transactions, serving customers an