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BUS 237 Introduction to Business Technology Management |2026 Midterm Study Guide structure tips: Key Concepts in Technology and IS Simon Fraser University

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BUS 237 Introduction to Business Technology Management |2026 Midterm Study Guide structure tips: Key Concepts in Technology and IS Simon Fraser University

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BUS 237 Introduction to Business Technology
Management |2026 Midterm Study Guide
structure tips: Key Concepts in Technology and
IS Simon Fraser University




The Big Picture: “It’s Not the Future, It’s Now”

Core Idea: Technology is not optional. It is reshaping every industry.

Key Examples from Slides:

● Uber – largest taxi company, owns no vehicles
● Airbnb – largest accommodation provider, owns no property
● Google – dominant advertiser, creates no content
● Facebook – major media platform, creates no content
● Alibaba – retailer, owns no inventory

What This Means (Understand This):

Technology allows companies to:

● Own platforms instead of physical assets
● Scale globally very quickly

, ● Disrupt traditional industries

Exam Tip:
If asked why digital transformation is important → Explain that technology changes business
models, cost structures, and competition.




2 AI, Disruption & Uncertainty

Major firms over $1 trillion:

● Apple
● Microsoft
● Amazon
● Nvidia
● Meta

All heavily investing in AI.

Important AI Example:

● Nvidia controls ~80–95% of high-end AI chip market.

Key Understanding:

● Technology trends are unpredictable.

, ● Not every “hyped” technology succeeds.
○ Web3 struggled.
○ NFTs collapsed.
○ TikTok unexpectedly dominated.

This connects to the Hype Cycle (Figure 1.3)



The 5 Stages of the Hype Cycle (Know These!)

1. Emerging Innovation (Innovation Trigger)
2. Inflated Expectations
3. Trough of Disillusionment
4. Slope of Enlightenment
5. Plateau of Productivity




Example:

NFTs:

● Innovation Trigger → excitement
● Peak → massive speculation
● Trough → collapse
● Plateau → small practical uses remain




3 Golden Triad of Entrepreneurship

Very important concept.

To build a successful startup:

1. There’s a problem

, 2. I can solve the problem
3. I can be paid for solving the problem

If one is missing → business fails.

Example:
A free homework app:

● Solves a problem ✔
● But if no one pays ✖ → unsustainable

This connects MIS to business value.




4 Tech Impacts Every Business Function

Finance

● IPOs
● Mergers & Acquisitions
● AI trading systems
● Investment decisions depend on tech evaluation

Accounting

● Technology reliability affects audit quality
● Stronger regulations → higher responsibility
● Tech failures = legal consequences

Marketing

● Customer tracking
● Social media analytics
● Campaign data analysis
● Reputation management

Operations

● Supply chain management
● Factory automation
● Process redesign
● Robotics & drones

Human Resources

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