Session 3 Flashcards
What are the Mediating factors you have to take into account to introduce a new Information Technology into an Organization ?
The Mediating factors are:
- Environment
- Culture
- Structure
- Business Processes
- Politics
- Management Decisions
What is the technical definition of an organization ?
Technical definition:
Formal social structure that processes resources from
environment to produce outputs
u A formal legal entity with internal rules and
procedures, as well as a social structure
What is the behavioral definition of an organization ?
A collection of rights, privileges, obligations, and
responsibilities that is delicately balanced over a period
of time through conflict and conflict resolution
Give an exemple of outputs to environment
Good and services
Give an example of inputs from the environment
Data
What happens without hierarchy ?
Without hierarchy you can not take strategic decision
What is business processes ?
Business processes = collections of routine
What is a routine ?
Routine = Standard operating procedures
What is a business firm ?
Business firm = Collection of business processes
What are the different organizational Politics ?
Ex: Kodak
What is the organizational culture ?
Encompasses set of assumptions that define goal and product
May be powerful unifying force as well as restraint on change
Can you give an example of disruptive technology
Teleworking and Distance learning
What is the transaction cost Theory ?
Transaction costs = Costs of participating in markets
How do firm are define in the agency theory ?
Firm is nexus of contracts among self-interested parties requiring supervision
What is the impact of IT in agency problems ?
IT can reduce agency costs
