Page 14 - Introduction to Business

xii CONTENTS

Checkbook Management 530 Historical Development of Operations
Financial Planning Software 532 Management 561
Web Resources 533 What Do Operations Managers Do? 563
Insurance 534 Design Decisions 564
Living on One Income 536 Product 564
Investing 538 Process 566
Managing Investments 539 Capacity 567
Location 569
Global Business Buying Stock in Multinational
Companies Is a Way to Diversify Your Investment Layout 570
Portfolio 540 Technology and Business McDonald’s Looks for
Fixed-Income Investments 541 Competitive Advantage with Its New High-Tech Kitchen
Equity Investments 541 Layout 572
Case in Point Financial Information Available to Planning Decisions 572
Investors on the Web Regarding Sony Corporation 542 Production Rate 573
Your Home 543 Material Requirements 574
Purchasing 576
Retirement and Estate Planning 545
Inventory 577
Social Security 545
IRAs and 401(k) Plans 546 Case in Point Operations Management Is a Powerful
A Will 546 Competitive Weapon 578
Tax Planning 547 Control Decisions 580
Scheduling 580
Ethics of Financial Planning 547
Giving 548 Quality 581
Repaying Debts 548 Careers in Operations Management 583
Paying Taxes 548 Summary 585 Chapter Questions 586 Interpreting
Providing for Your Family 549 Business News 586 Web Assignments 586 Portfolio
Planning for Future Needs 549 Projects 587 Test Prepper 588
Keep Money in Perspective 549
17
Careers in Personal Financial Planning 550
Summary 550 Chapter Questions 551 Interpreting
Business News 552 Web Assignments 552 Portfolio Management
Projects 552 Test Prepper 553 Information
Systems 590

Part Six Introduction 592
Managing Business Operations, What Are Management Information Systems? 592
Management Information Computer Hardware 593
Systems, and the Digital Computer Software 595
Enterprise 555 Databases 597
Telecommunications Networks 598
Classification of Information Systems 600
Information Systems for Operations Managers 600
16 Information Systems for Middle Managers 601
Information Systems for Senior Managers 602
Managing Business Marketing Information Systems 603
Operations 556 Production Information Systems 603
Accounting Information Systems 603
Introduction 557 Financial Information Systems 603
Human Resources Information Systems 604
What Is Operations Management? 557
Goods and Services 559 Developing Information Systems 604
Operations Management and Competitiveness 560 Global Information Systems 605

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