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Perspectives on Information Systems
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| bet | 8/10 | | Sana | 11.12.2023 | | Hajmi | 2,47 Mb. | | #116049 |
Bog'liq MIS ch1Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
From a business perspective, information systems are part of a series of value-adding activities for acquiring, transforming, and distributing information that managers can use to improve decision making, enhance organizational performance, and, ultimately, increase firm profitability.
Figure 1-7
The Business Information Value Chain
Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
Although, on average, investments in information technology produce returns far above those returned by other investments, there is considerable variation across firms.
Figure 1-8
Variation in Returns on Information Technology Investment
Investing in information technology does not guarantee good returns - Investing in information technology does not guarantee good returns
- Considerable variation in the returns firms receive from systems investments
- Factors:
- Adopting the right business model
- Investing in complementary assets (organizational and management capital)
Perspectives on Information Systems
Management Information Systems
Chapter 1 Information Systems in Global Business Today
Complementary assets: - Complementary assets:
- Assets required to derive value from a primary investment
- Firms supporting technology investments with investment in complementary assets receive superior returns
- E.g.: invest in technology and the people to make it work properly
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