Preview

Management Information System

Powerful Essays
Open Document
Open Document
1420 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Management Information System
James Saitoti Masikonte 제임스 20121786 Business Management. Management Information Systems
Assignment 1: Lecture 1 (1) Briefly summarize the article in one page using your own expression
Most companies in the US and many other parts of the world us a large amount of their expenses on IT or other IT related ways and this has been increasing significantly over the years.
At the early year of computer introduction most people especially executives do not use computers as it was a believed that it should be used by the office keepers like secretaries. But today everybody including the highest executives depends on computer and IT related tools not only for office work but in each and every aspect of life.
Today computers are available everywhere and almost affordable to everybody. So this reduced the strategic need since every company and individual want to sustain their competitiveness by doing what rivals can’t do and having what they don’t have. Unlike the core functions of IT which are data storage, data processing, and data transportation which has been available and affordable to everyone.
They have become a basic need to every business just like cloth and food to every man that provide no distinction to none. Computer has changed the face of the earth in many positive ways that no one can deny and also transformed commerce but after they became available and cheap they lost their competitiveness especially in business world. Strategically they’ve become invisible and just normal to own one.
There two types of IT namely Proprietary and Infrastructural technology. For IT to remain and important factor in business and commerce it must be proprietary technology or there should be more innovative ways to make it competitive. Like the introduction of electricity by totally a different source (water to electric generators). Now the impact of

You May Also Find These Documents Helpful

  • Good Essays

    Computers have been responsible for the elimination of many traditional jobs (eg printing) and the creation of many new ones (eg. Word processing, computer programming, etc)…

    • 342 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Altera Business Analysis

    • 5887 Words
    • 24 Pages

    Many companies struggle to stay alive despite the economic forces working against them, such is true for those within the sector of information technology. As part of the global market, these companies face pressure on sales, earnings and greater market exposure due to the weak performance of counterparts in Europe and the US. Despite these economic obstacles, this industry has been growing and expanding at an accelerated pace over the last decade. IT has changed the way of living by enabling communication; improve standards of living and increasing opportunities across the globe. Its customer base is broad and environments in which it operates are very complex. The use of information technology solves crucial productivity issues such as reducing costs and increasing operational efficiency. As societies around the world become ever more hyper connected through technological sources, such an impact from information technology on critical sectors such as government, healthcare, business, workforces and that on sustainability is evident. IT contributes to an enhanced quality of life globally and so creates endless opportunities for economic growth. Widespread adoption of the products and services developed by this industry…

    • 5887 Words
    • 24 Pages
    Best Essays
  • Powerful Essays

    Sap Netweaver

    • 2085 Words
    • 9 Pages

    Companies are always looking for opportunities to reduce costs and increase their revenue. To be able to increase their revenue companies have to research and find ways to grow their business, One of the major problem is when companies have to send a lot of money and have to invest in a strong IT infrastructure. Mostly a huge amount of IT budget is spent on supporting current IT system instead of spending money on innovating new systems and ways. Hats why there is a need of strong and efficient IT system and technology that not only foresees current systems performance and keep costs reduced but also supports companies continues innovations.…

    • 2085 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Intergration

    • 559 Words
    • 3 Pages

    New IT developments are important to all business disciplines because they trigger changes in marketing operations, e-commerce, logistics, human resources, finance, accounting, and relationships with customers and business partners. Nothing about business or corporate strategy is untouched by IT (Turban & Volonino, 2011).…

    • 559 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chapter 9 Achieving Operational Excellence and Customer Intimacy Enterprise Applications 1) Companies can use configuration tables provided by the enterprise software to tailor a particular aspect of the system to the way it does business. Answer TRUE Diff 2…

    • 5288 Words
    • 14 Pages
    Satisfactory Essays
  • Better Essays

    Hsbs and Citigroup

    • 4891 Words
    • 20 Pages

    Carr (2003) stated that as information technology 's power and ubiquity have grown, its strategic importance has diminished. His article “IT doesn’t matter” created huge controversy within information technology circles. He stated that in order to make a resource truly strategic and to gain sustained competitive advantage then the resource should not be omnipresent but in short supply. He believed in order to achieve and maintain a long term strategic advantage from IT, proprietary technology needed to remain protected. Regarding infrastructural technologies, more value could be gained when these were shared rather than used in isolation. The clear advantage is having a superior insight into the use of new technology. As IT systems are now incorporated within the majority of business functions a large proportion of corporate spending could be incurred on IT. Unfortunately to remain competitive and on par with their rivals a majority of companies will require large IT investment just to remain in business. It is essential for organisations to separate the essential element of IT…

    • 4891 Words
    • 20 Pages
    Better Essays
  • Best Essays

    Present day organisations, regardless of commercial or public sector affiliation, are required to consider IS/IT planning as a key component of their overall business strategy or potentially lose competitive advantage. Failure to incorporate those IS/IT considerations when deciding other areas such as corporate, marketing or other company specific sections / divisions strategies can result in decisions being made on a purely financial basis. In most cases, this will later result in a higher total cost of ownership and lower return on investment in the IS/IT division, thereby fuelling the already stereotypical industry view of “expensive” and “inefficient” ICT.…

    • 1928 Words
    • 8 Pages
    Best Essays
  • Good Essays

    In most organizations IT expenditure is considered as one of the larger if not the largest contributor to capital investment and expenditure. Technology has a significant effect on the business landscape of most organizations and the market place they operate in. The goal of IT as such should be directed toward the alignment of IT strategy with an organization 's overall business strategy (Mulcay, 2001). It is argued though that the inability to successfully derive value from IT investment is, for the most part due to a lack of alignment between IT and business strategies.…

    • 975 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The first generation of computers dates back to as early as the 1940 's. The computers of that time however proved to be a hassle just to run and maintain it to be of any use to businesses of the times. It was very huge, extremely sluggish and slow but worst of all, it was very expensive to build one (Take note that computers aren 't commercially sold yet at the time). Not to mention its maintenance and running costs. Computers of the time consume great amounts of energy, and are very unreliable due the use of electronic parts that tend to fail all the time. Also the user needs to learn and understand the machine language in order to operate the computer. All of these factors waste invaluable time and money unnecessarily. Therefore one would conclude that the usage of computers would be problematic rather than beneficial to businesses.…

    • 1152 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Paradigm Shift

    • 553 Words
    • 3 Pages

    When the first personal computer was put out, companies saw the benefits of owning their own computers and how they could make their company become more productive. People during the late 70s and the following decades fell in love with the personal computer and used them for a variety of reasons, including office applications, home finance organization, storing data and many more options. The computer seemed to have made things a little easier.…

    • 553 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Mr Mda Osobu

    • 1790 Words
    • 8 Pages

    Traditionally information technology was relegated to the back end of business (administrative support) , but more recently businesses are beginning to realise IT can actually offer more if properly aligned with their business strategy. That by not looking at IT as just another cost or variable in…

    • 1790 Words
    • 8 Pages
    Best Essays
  • Good Essays

    As one of the chief executive of Intel Corporation before, Craig Barrett said, "As a nation and as a company, you either upgrade your IT infrastructure or you won't be competitive.", it only points out that IT has a big impact in a company that makes you competitive if you adapt it or will be left behind either. Although you have the same process and business to others, the edge will be 'how you did it', the advantages and the efficiency is really matters, this is what technology offers. The business can gain an edge against others by doing something they can’t; IT infrastructures are what really need.…

    • 992 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The first thing is the company. Today these guys use the computer to do everything inside the company. They use the computer to communicate with the exterior and with the people inside the company, they use the computer to calculate their profits and to make plans for the future, they also calculate all the costs they will have today, tomorrow, next week and so on, and they also use the computer to store all this information. how could they live without the computer?…

    • 779 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Importance of Internet

    • 525 Words
    • 3 Pages

    Moreover, it is not common knowledge that computer brings a lot in terms of efficiency, be it at home or in the workplace. Shopping are now carried out through the internet and thus, with the help of the computer. It helps save time for other things. What with our hectic life that almost all of us…

    • 525 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Internet : Curse or Boon

    • 1098 Words
    • 5 Pages

    At the beginning, when computer are introducted, people are against the computer since it reduces the manpower and so many people will be unemployment. But this reason does not changed the development. After few years, situation changed as without computer, it is impossible to make things better. But now all the organizations are computerized.…

    • 1098 Words
    • 5 Pages
    Good Essays