Summarize firm performance.2. It’s a big investment for a

Summarize and Analyze Exercise Using your own words, briefly define the words “Summarize” and “Analyze.”  Use whatever resources you’d like to come up with definitions you understand well enough to distinguish summary from analysis.  Formally cite your sources.   5 points Summarize means: “Summarize”, or summary, is the process of obtaining the key points of a given material: passage/paper/article/.

.. By doing so, people can have an easier and faster understanding of the essential parts of the given material.

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Thus efficiency of information delivery is improved.This process is objective. Analyze means: Different from summarize, “Analyze” is the process of deduction or reasoning to extract useful information based on key points obtained from the previous summarize process, and possibly will be used for future prediction.Basically, the complete routine is Summarize -> Analyze -> PredictThis process is subjective.Now (re-)read the attached passage from IT Savvy (an optional book in this class)Using your own words, briefly summarize the passage from IT Savvy. 40 pointsIT-savvy is the characteristic that a firm use IT to improve performance<1>. It’s unique mostly because of the usage of a digitized platform<2>. It’s either embedded in ERP or built separately<3>.

Like Aetna<4>, there are many IT-savvy firms, they can be either high-tech firms, or long-established brick-and-mortar firms<5>, such as SEJ<6>, UPS<7>, and P<8>.<# of paragraph> Using your own words, briefly analyze the passage from IT Savvy. 40 points1. IT-savvy is very useful for improving firm performance.2.

 It’s a big investment for a firm to build its IT-savvy digitized platform.3. The architecture of IT-savvy platform is really different among different firms, since the type, format and amount of information to be delivered varies greatly.4. Whether you are working in a long-established or start-up firm, it’s always good to check the existence of IT-Savvy platform, evaluate it, and consider the necessity and plausibility of improving it.

  Demonstrate your ability to apply the concepts you defined and explain the ways in which your analysis of the IT Savvy passage differs from your summary. 10 pointsIn order to analyze, I have to summarize first.During summarization, I use the first and last sentences of each paragraph, as well as subtitles, to extract main points, and reorganize those main points into a new paragraph, which is why I annotate the <# of paragraph>.During analysis, I use the outputs from summarization, carefully think about the essences of the passage and what I’ve learned from that. Thus a few conclusions are drawn and written down.