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Week 7, Week 6, Value - Coggle Diagram

- - - - Utility
        
        Marginal Utility (diminishing return)
  - - - Operations
        
        Outbound logistics
        
        Marketing and Sales
        
        Service
    - - Global competition
      - Vast knowledge (signals and noises)
      - Faster pace of business events
    - - Operation Support
      - Support for management and knowledge work
      - Support of business transformation and competition
      - Ubiquitous Computing
      - Digital Transformation
- - - - Transaction dependent processing steps
        
        Database maintenance
        
        Transaction documents
        
        Query responses
        
        Reports
        
        Scheduled
        
        Exception
        
        Demand (Ad hoc)
        
        Transaction logs
        
        Error reports
        
        Detail reports
        
        Summary reports
    - - Transaction standards
      - Industry standard for product identification
      - Translation software
      - Telecommunication systems
  - - - cannot work with large databases
      - difficult to use for construction of complex models
      - live updated worksheet for everyone involved
    - - Data access systems
      - Data analysis systems
      - Forecast-oriented data analysis
      - accounting models
      - representation models
      - Optimization models
      - Suggestion models
  - - - Market
      - Economic
      - Government
      - Investment
      - Industry
      - Technology
      - Quality
        
        Ease of use
        
        predicting the future
        
        effectiveness oriented
        
        flexible
        
        support unstructured decisions
        
        Internal and external data sources
        
        use by most senior management levels
  - - - Content and document management
      - Lessons learned databases
      - Groupware
        
        Collaboration software
        
        Communication
        
        Conferencing
        
        Coordination
      - Artificial Intelligence