Preview

Managegement Informationn Systems - Lecture 1

Powerful Essays
Open Document
Open Document
7279 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Managegement Informationn Systems - Lecture 1
Chapter 1
Information Systems in Global Business Today

Learning Objectives

1. How are information systems transforming business and what is their relationship to globalization?
2. Why are information systems so essential for running and managing a business today?
3. What exactly is an information system? How does it work? What are its management, organization, and technology components?
4. What are complementary assets? Why are complementary assets essential for ensuring that information systems provide genuine value for an organization?
5. What academic disciplines are used to study information systems? How does each contribute to an understanding of information systems? What is a sociotechnical systems perspective?

Chapter Outline
1.1 The Role of Information Systems in Business Today How Information Systems Are Transforming Business What’s New in Management Information Systems? Globalization Challenges and Opportunities: A Flattened World The Emerging Digital Firm Strategic Business Objectives of Information Systems
1.2 Perspectives on Information Systems What Is an Information System? Dimensions of Information Systems It Isn’t Just Technology: A Business Perspective on Information Systems Complementary Assets: Organizational Capital and the Right Business Model
1.3 Contemporary Approaches to Information Systems Technical Approach Behavioral Approach Approach of This Text: Sociotechnical Systems
1.4 Hands-On MIS Management Decision Problems Improving Decision Making: Using Databases to Analyze Sales Trends
Improving Decision Making: Using the Internet to Locate Jobs Requiring Information Systems Knowledge

Key Terms

The following alphabetical list identifies the key terms discussed in this chapter. The page number for each key term is provided.

Business functions, 18 Information technology (IT) infrastructure, 21
Business model, 13 Input, 16
Business processes, 11 Internet, 21

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Nt1330 Unit 7

    • 481 Words
    • 2 Pages

    Complementary assets are assets required to drive value from a primary investment. Its relationship to information technology is through investment that are supportive to the business culture.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Inf 220: Is Principles.

    • 1851 Words
    • 8 Pages

    Describing information systems is the best place to start. Business dictionary.com (2010) defines it as “Combination of hardware, software, infrastructure and trained personnel organized to facilitate control, coordination and decision making.” This encompasses a lot of areas. Let me explain it a little more. Information Systems, or IS have moved from the early days of file cabinets which held data (customer orders, vendor status, and ordering records), to the electronic age where it is responsible for communication, data collection, data processing, storage, data protection, tracking, handling of transactions and many more things. On a physical level, it can consist of workstations, servers, scanners, backup storage, networks, cabling and much more as it is ever evolving. Each of these items also needs software to tell each piece of hardware how to work together and perform their duties. This includes operating systems like Windows NT, Linux and application software like APL, MS Access, or Oracle. Lastly, we also have to include the personnel who are in charge of designing, implementing, maintaining and upgrading each unit, and system.…

    • 1851 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Nt1330 Unit 9 Final Paper

    • 1645 Words
    • 7 Pages

    Information systems integrate both the information and technologies to serve the business of the companies and the customers at the same time. Take for instance, the online based businesses where we can find multiple choices to choose from and shop from the comfort of our own houses. The process of procuring things online…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    8. What types of capabilities does the Internet provide businesses and what Internet protocols or technologies support these? Which have proven the most valuable to businesses thus far?…

    • 3113 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    An information system is interrelated components that collect (or retrieve), process, store, and distribute information to support decision making, coordinating, and control in an organization. In addition, information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Is582

    • 1220 Words
    • 5 Pages

    • Types of MIS systems and how they are used and how are they inter-related…

    • 1220 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Information systems are vital in all businesses and organisations in this rapidly changing world. They are all around us and influence us daily. Information systems are an integrated set of components for collecting, storing, and processing data and for carrying information and knowledge. Business and organisations rely on information systems to carry out and manage their operations, interact with their customers and suppliers to become successful.…

    • 3223 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    References: Bateman, T. S., & Snell, S. (2013). Management: Leading & collaborating in a competitive world. New York: McGraw-Hill Irwin.…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    study guide - chapter 1

    • 2043 Words
    • 9 Pages

    An information system is an arrangement of people, data, processes, and information technology that interact to collect, process, store, and provide as output the information needed to support the organization.…

    • 2043 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Health Connect

    • 273 Words
    • 2 Pages

    Information system, an integrated set of components for collecting, storing, and processing data and for delivering information, knowledge, and caring patients. Organizations rely on information systems to carry out and manage their operations, interact with their customers (patients) and vendors, and compete in the marketplace.…

    • 273 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    What is Information Systems? An information system is a collection of hardware, software, data, people and procedures that are designed to generate information that supports the day-to-day, short-range, and long-range activities of users in an organization. Information systems are classified into five categories: Office Information systems, Transaction Processing systems, Management Information systems, Decision Support systems, and Expert systems. It is common for organizations to use more than one system to run a business.…

    • 478 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    I am proposing a plan for an Information Technology personnel expansion to Acorda Therapeutics, Inc. versus a specific Information Technology system to be implemented companywide. Acorda has good information technology systems in place throughout the areas that directly impact the field sales organization. However, Acorda does not have enough personnel within its IT department to support all of the areas within the company that are in need. This has been more evident and is especially true since Acorda doubled the outside field sales team from fifty sales representatives to 100 sales representatives. I would like to outline a plan to triple the head count within our IT department from three to ten employees. From my perspective, as an employee of the company, Acorda has a large gap between business personnel and IT personnel.…

    • 1454 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Itm301 Sl1

    • 925 Words
    • 4 Pages

    An information system is the interaction between people, processes, data and technology. Information systems are also any combination of information technology and peoples activity that support operations, management and decision making. Let’s now look at the three different types of information systems that I will use for my real life examples.…

    • 925 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Enterprise systems, customer relationship management, and supply chain management are three enterprise applications. Enterprise systems are based on a suite of integrated software modules and a common central database. Enterprise systems utilize enterprise software to support financial and accounting, human resources, manufacturing and production, and sales and marketing processes. Enterprise systems provide many benefits including an enterprise-enabled organization, improved management reporting and decision making, a unified information systems technology platform, and more efficient operations and customer-driven business processes.…

    • 869 Words
    • 4 Pages
    Good Essays
  • Good Essays

    3. What exactly is an information system? How does it work? What are its people, organization, and technology components?…

    • 7157 Words
    • 27 Pages
    Good Essays