Chapter 1

Please download to get full document.

View again

of 3
4 views
DOCX
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Document Description
mis
Document Share
Documents Related
Document Tags
Document Transcript
  Chapter 1      Information    Data that has been put into a meaningful and useful context. Usually to help make a decision.    Management Information System    A combination of computers and people that is used to provide information to aid in making decisions and managing a firm.    Data    A “given,” or fact; a number, a statement, or a picture      Represents something in the real world    The raw materials in the production of information    Information    Data that have meaning within a context    Data in relationships    The Four Stages of Data Processing    Input: Data is collected and entered into computer.    Data processing: Data is manipulated into information using mathematical, statistical, and other tools.    Output: Information is displayed or presented.    Storage: Data and information are maintained for later use. Types of Information Systems    Functional Area Information System (payroll)    Transaction Processing System (TPS) (checkup point sale)     Enterprise Resource Planning (ERP) System (oracle)    Interorganizational Information System (supply chain)    Electronic Commerce Systems (www.dell.com)     Knowledge workers  are professional employees such as financial and marketing analysts, engineers, lawyers and accountants. Chapter 2 ã Strategy : plan to gain advantage over enemy ãBusiness strategy is plan to outperform competitors    – Done by creating new opportunities, not beating rivals ã Strategic Information System: Information system that create and seize opportunities ã Strategic Advantage : Using strategy to maximize company strengths Ways to gain comp.adv    Reduce costs    Raise Barriers to Market Entrants    Establish High Switching Costs    Create New Products or Services    Differentiate Products or Services    Enhance Products or Services Alliance: two companies combining services  – Makes product more attractive  – Reduces costs  – Provides one-stop shopping ã Affiliate program : linking to other companies and rewarding the linker for click-throughs First mover : organisation that is first to offer a new product or service Late mover: enters the market later than other competitors  Chapter 4
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks