Unit 9: Data Warehousing

Data Warehousing The data warehouse is the heart of the architected environment, and is the foundation of all DSS processing. The job of the DSS analyst in the data warehouse environment is massively easier than in the classical legacy environment because there is a single integrated source of data (the data warehouse) and because the […]

Unit 6: Information Privacy and Data Mining

Information Privacy and Data Mining Data privacy Data privacy, also called information privacy, is the aspect of information technology (IT) that deals with the ability an organization or individual has to determine what data in a computer system can be shared with third parties. Information privacy is considered an important aspect of information sharing. With […]

Chapter 8: Strategies for Information Industries

Cooperation and Compatibility Strategies for Competing in n/w markets. Openness strategy Open migration Discontinuity Who are allies and enemies? ‘Coopetition’ Captures the tension between cooperation and competition Establish Standards & create a single n/w  of compatible users. How Standards Change the Game? 1. Expanded network externalities Enhance compatibility, interoperability Make network larger, increase value Share […]

Chapter 7: Networks and Positive Feedback

Network and Positive Feedback Introduction The industrial economy was populated by oligopoly industries in which a few large firms dominate markets. Examples of oligopolies include:  Automobiles industry  Steel industry  Aluminum industry  Various chemical markets The difference is that the old industrial economy was driven by economics of scale while the new […]

Chapter 5: Rights Management

Rights Management Rights management is a term for control systems that allow a rights owner to control over information immediately. It enables publishers of information to control what recipients can do with it in order to prevent intellectual property theft, stop unauthorized sharing and piracy. Digital rights management (DRM) It is a systematic approach to copy right protection for digital media. The purpose […]

IT 305: Object-Oriented Database Management | BIM | Solution

Very Short Questions 1. Define Relational Data Model. RDM is a type of model representing the database as a collection of relations or tables that deal with data, not objects. 2. Define Parameter and Methods. Parameters are the passed values that are reused and methods define some functionality to act on parameters when available. 3. […]

Unit 10: Management and Leadership

Responsibility, Authority and Accountability A person has responsibility for a task if: He/she is given sufficient authority to perform it He/she is accountable for its completion A person has authority to perform a task only if he/she is has adequate control over the resources necessary to complete the task. A person is accountable for a […]

Unit 2: Markets for Information Goods

Markets for Information Goods Technology changes but Economic laws do not. If you are struggling to comprehend what the Internet means for you and your business, you can learn a great deal from the advent of the telephone system a hundred years ago. But many of today’s managers are so focused on the trees of […]

Unit 1: Managerial Economics Basic

INFORMATION REVOLUTION VS. INDUSTRIAL REVOLUTION As e-commerce became all the rage in the late 1990s and as the Internet, World Wide Web, and other information technologies rapidly transformed the economic and social environment, many analysts, journalists, and scholars took the time to reflect upon the current transformations and breakthroughs and situate them in a broad, […]