Union Pacific

Definition

Union Pacific is a major freight hauling railroad that operates in the Western United States, providing critical logistics and transportation services for various industries. In the context of Management Information Systems (MIS) within Introduction to Business, it serves as an example of how advanced technologies are utilized to manage complex information systems for efficient operation and strategic planning.

Related terms

Logistics:

The detailed coordination of complex operations involving people, facilities, or supplies.

Real: time data processing - The immediate processing of data as it enters the system, allowing for instant updates and decision-making.

Strategic planning:

A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them