Lecture 01 - MIS IN Business Today
- How information systems are transforming business
- Globalization opportunities
- Information Technology Capital Investment
- In the emerging, fully digital firm
- Digital firms offer greater flexibility in organization and management
- Growing interdependence between ability to use information technology and ability to implement corporate strategies and achieve corporate goals
- Business firms invest heavily in information systems to achieve six strategic business objectives:
- Operational excellence
- New products, services, and business models
- Customer and supplier intimacy
- Improved decision making
- Competitive advantage
- Survival
- The Interdependence Between Organizations and Information Technology
- Information system
- Information vs. data
- Activities of information systems
- Input
- Processing
- Output
- Feedback to refine Input
- Computer/Computer program vs. information system
- Functions of an Information System
- Information Systems Are More Than Computers
- Organizational dimension of information systems
- Hierarchy of authority, responsibility
- Senior management
- Middle management
- Operational management
- Knowledge workers
- Data workers
- Production or service workers
Lecture 01 - MIS IN Business Today
Reviewed by Anees ur Rehman
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Reviewed by Anees ur Rehman
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23:32
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