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Chapter 1: Business Information Systems In Your Career, Benjamin - Coggle…
Chapter 1: Business Information Systems In Your Career
Key Challenges/New in MIS
Technology
Artificial intelligence
Cloud computing
Big data
Internet of Things
Mobile digital platform
Management
Return on Investment (ROI)
Online collaboration
Social networking
Organizations
Security and privacy
Social business
Telework gains
Businesses invest in IT to achieve six important business objectives.
Operational excellence
New products, services, and business models
Customer and supplier intimacy
Improved decision making
Competitive advantage
Survival
Information System
Information technology
the hardware and software a business uses to achieve objectives
Information system
interrelated components that manage information to:
Support decision making and control
Help with analysis, visualization, and product creation
Data
streams of raw facts
Information
data shaped into meaningful, useful form
Activities in an information system that produce information:
Input
Processing
Output
Feedback
Dimension
Organizations
People
Technology
Problem solving
Four-step process
Solution design
Solution evaluation and choice
Implementation
Problem identification
Critical thinking
4 elements
Maintaining doubt and suspending judgment
Being aware of different perspectives
(technology, organization, and people perspectives)
Testing alternatives and letting experience guide
Being aware of organizational and personal limitations
How Information Systems Will Affect Business Careers
Accounting
Finance
Marketing
Operations management in services and manufacturing
Management
Information systems
Outsourcing and offshoring
Common requirements for all majors
Benjamin