Please enable JavaScript.
Coggle requires JavaScript to display documents.
Week 4: Business and Management as a System :pen:, Week 5: How Computers…
Week 4: Business and Management as a System :pen:
Decisions
Type 1
Irreversibile or nearly irreversibile
Type 2
Changeable/Reversibile
Systems
Interconnections
Organized for purpose/function
set of elements
Flow
the action of the stock
stock
elements you can see,feel, count or measure
feedback loop
change in stock = change in flow
Buisness Model Canvas
"Language" for strategy
Elements of plan are assumptions
Tool to visualize building blocks of business
value proposition
market
customers
finance
Architecture
Bridge 4 domains of business
Maps out information flow necessary
Business process domain
Work activities
Each architecture can contain sub-architectures
system of systems
Business architecture
Business model
enterprise architecture
made up of a business architecture
Technology architecture
Identifies needed capabilities to support other architectures & business model
Application architecture
Links the processes of business architecture with the information & data needed
Information architecture
When/how to source & maintain the needed data
Week 5: How Computers and MIS Work :silhouette:
First systems of the Information Age
MIS is the core of information management
Operational systems
deal with data
Six eras of MIS
mainframes
minicomputers
personal computers
client/server networks
enterprise computing
cloud computing
MIS provides tools
to support business processes
suport operations
Intelligence
IT capabilities
move data and manage information
Fields that overlap with MIS
electrical/computer engineering
focus on development/I improvement of hardware/software
informational systems
greater emphasis on tools;MIS places emphasis more on business processes
information technology
similar to IS but focus solely on computers
informatics
discipline that combines software engineering, IS development and networking
management systems
deal with infomation
IBM
Founded in 1900s
became leader in business machines/punchcards
MIS aids tactical decisions
helps businesses make the right decision at the right time
MIS provides efficiency in operations
redcue time and human effort
ex: spreadsheets went from large sheets of paper to what we now know as excel sheets