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Management Information Systems
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| bet | 4/10 | | Sana | 11.12.2023 | | Hajmi | 2,47 Mb. | | #116049 |
Bog'liq MIS ch1Management Information Systems
Chapter 1 Information Systems in Global Business Today
The Role of Information Systems in Business Today
- Competitive advantage
- Delivering better performance
- Charging less for superior products
- Responding to customers and suppliers in real time
- Often achieved when firm achieves one of first four advantages
- E.g. Dell: Consistent profitability over 25 years; Dell remains one of the most efficient producer of PCs in world.
- But Dell has lost some of its advantages to fast followers-- HP
Management Information Systems
Chapter 1 Information Systems in Global Business Today
The Role of Information Systems in Business Today
Survival - Survival
- Information technologies as necessity of business
- May be:
- Industry-level changes, e.g. Citibank’s introduction of ATMs
- Governmental regulations requiring record-keeping
Management Information Systems
Chapter 1 Information Systems in Global Business Today
The Role of Information Systems in Business Today
The Role of Information Systems in Business Today
Management Information Systems
Chapter 1 Information Systems in Global Business Today
The Interdependence Between Organizations and Information Technology
There is a growing interdependence between a firm’s information systems and its business capabilities. Changes in strategy, rules, and business processes increasingly require changes in hardware, software, databases, and telecommunications. Often, what the organization would like to do depends on what its systems will permit it to do.
Figure 1-2
Information system: - Information system:
- Set of interrelated components
- Collect, process, store, and distribute information
- Support decision making, coordination, and control
- Information vs. data
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