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1.Information systems are essential in business today because most organizations need information systems to survive and prosper. Information systems can help companies extend their reach to faraway locations, offer new products and services, reshape jobs and work flows and perhaps profoundly change the way they conduct business.
.In a digital firm any piece of information required to support key business decisions is available at any time and anywhere in the firm. Digital firms respond and sense to their environments far more rapidly than traditional firms, giving them more flexibility to survive in turbulent times.
.Any information system is interrelated components working together to collect, process, store and disseminate information to support decision making, coordination, control analysis and visualization in an organization. Data is raw facts before they have been organized and arranged into a form that people can understand and use. Information is data that been shaped into a form that is meaningful and useful to human beings.
4.Processing converts raw data to useable information. Output transfers the processed information to the people who will use it and feedback is the output returned to the appropriate members of the organization to help them evaluate or correct the input stage.
5.Information systems literacy is a broad based understanding of information systems that includes behavioral knowledge about organizations and individuals using information systems as well as technical knowledge about computers. Computer literacy in contrast focuses primarily on knowledge of information technology.
6.The key element of organizations are it's people, structure, operation procedures, politics and culture. Management's job is to make sense out of the many situations faced by organizations and formulate action plans to solve organizational problems. Technology is one of the many tools managers use to cope with change.
7.The technical approach is based on mathematical techniques such as transportation, inventory and transaction costs. Behavioral is based on changes in attitudes, management and organizational policy and behavior. No single perspective effectively captures the reality of information systems.
8.There is a growing interdependence between business strategy rules and procedures on the one hand, and information systems software, hardware, databases and telecommunications on the other. A change in any of these components often requires changes in other components. This relationship becomes critical when management plans for the future because what a business would like to do in 5 years often depends on what its system will be able to do.
.The internet is an international network of networks that is a collection of hundreds of thousands of private and public networks. The WWW is a system with universally accepted standards for storing, retrieving, formatting and displaying information in a networked environment. They allow more than 500 million people to exchange information or perform business transactions with other organizations around the globe.
10.Flattening organizations, causing fewer levels of management, lower levels of employees, separating work from locations, reorganizing work flows, and by increasing flexibility of organizations. These different procedures are allowing information to be instantly distributed within and beyond the organization.
11.They are flattening organizations by downsizing reducing the number of employees and the number of levels of management giving lower levels of employees greater decision making authority.
1.They all are electronically involved, they are use the internet to do some type of business whether it be to buy sell, inform, track or produce.
1.Information systems that automate the flow of information across organizational boundries and link a company to it's customers distributors or suppliers. They are important because they lead to higher levels of efficiency value to customers and competitive advantage.
14.Information architectures is the particular design that information technology takes in a specific organization to achieve selected goals or functions. The technology infrastructure provides the technology platform for this architecture. As firms move toward digital firms, managers need to develop elements of information through this architecture procedure in order to do well now and in the future. And the hardware, software and date is what they will use to execute their work.
15.The strategic business challenge, the Globilization challenge and the Information Architecture and Infrastructure challenge.
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