Information Systems: Running And Managing A Business

4298 words - 18 pages


1. Explain why information systems are so essential in business today. Information systems are a foundation for conducting business today. In many industries, survival and even existence is difficult without extensive use of information technology. Information systems have become essential for helping organizations operate in a global economy. Organizations are trying to become more competitive and efficient by transforming themselves into digital firms where nearly all core business processes and relationships with customers, suppliers, and employees are digitally enabled. Businesses today use information systems to achieve six major ...view middle of the document...

The organization dimension of information systems involves the organization’s hierarchy, functional specialties, business processes, culture, and political interest groups.

Review Questions
1. List
 Six reasons why information systems are so important for business today include:

• • • • • •

Operational excellence New products, services, and business models Customer and supplier intimacy Improved decision making Competitive advantage Survival

Information systems are the foundation for conducting business today. In many industries, survival and even existence without extensive use of IT is inconceivable, and IT plays a critical role in increasing productivity. Although information technology has become more of a commodity, when coupled with complementary changes in organization and management, it can provide the foundation for new products, services, and ways of conducting business that provide firms with a strategic advantage. 2. What
 The textbook defines an information system as a set of interrelated components that work together to collect, process, store, and disseminate information to support decision making, coordination, control, analysis, and visualization in an organization. In addition to supporting decision making, coordination, and control, information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products. 3. What
 Data are streams of raw facts representing events occurring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use. Information is data that have been shaped into a form that is meaningful and useful to human beings. 4. What
 Information literacy is more concerned with creating information useful to an organization and its employees, whereas computer literacy addresses the simple use of computers. As technology uses spread beyond traditional computers, information literacy enables employees and organizations to gain an edge over their competition 5. List

Organization: The organization dimension of information systems involves issues such as the organization’s hierarchy, functional specialties, business processes, culture, and political interest groups. Management: The management dimension of information systems involves issues such as training, job attitudes, and management behavior. Technology: The technology dimension consists of computer hardware, software, data management technology, and networking/telecommunications technology.

Chapter 2
Key Terms
The following alphabetical list...

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