Managerial Applications of Information Technology
Professor: Mark Martinez
ending Course Objectives: TCOs
Week 1: Information Systems in the digital Firm .
A: Objectives
* Explain why data technologies and systems are so essential in barter today.
The outgrowth of a global economy, transformation of industrial economies, transformation of the work enterprise, and the emergence of digital firm make breeding systems essential in cable today. Information system is a foundation for conducting business today. In many businesses, survival and the ability to achieve strategical business goals is difficult without extensive use of information technology. on that point are one-third reasons or objectives why businesses use information system:
1. Operational excellence. Business improves the efficiency of their operations in order to achieve higher profitability. Information systems are outstanding tools available to managers for achieving higher levels of efficiency and productivity in business operations.
2. New products, services, and business models. Information system is a study tool for firms to create unused products and services, and also an entirely new business models. A business model specifys how a company produces, delivers, and sells a product or service to create wealth.
3.
client/supplier intimacy. When a business serves its customers well, the customers generally respond by returning and purchasing more. this raises revenue and profits. The more a business engages its suppliers, the better the suppliers can provide vital inputs.
* Define information systems from both technical and business perspectives.
* Identify and describe the three dimensions of information system technologies.
* Assess the complementary assets required for information technology to provide value to a business.
* Identify and describe contemporary approaches to the study of information systems and distinguish between computer...If you demand to get a full essay, order it on our website: Orderessay
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