Business Information System

Powerful Essays
Management Information Systems, Sixth Edition

Chapter 1 Business Information Systems: An Overview

Objectives
• Explain why information technology matters • Define digital information and explain why digital systems are so powerful and useful • Explain why information systems are essential to business • Describe how computers process data into useful information for problem solving and decision making • Identify the functions of different types of information systems in business
Management Information Systems, Sixth Edition 2

Objectives (continued)
• Describe careers in information technology • Identify major ethical and societal concerns created by widespread use of information technology

Management Information Systems, Sixth Edition

3

Does Information Technology Matter?
• Hackett Group study: “Does IT Matter? Hackett Concludes the Answer is Yes”
– World’s best performing companies spent 7% more per employee on IT than typical companies – They recouped the investment fivefold in lower operational costs

• Today’s business professionals must know how to develop and use IT

Management Information Systems, Sixth Edition

4

The Power of Digital Systems
• Binary counting system uses only two digits: 0 and 1 • Digital systems:
– Computers and devices that use the binary system – Can represent any information as a combination of zeros and ones

• Information can be represented, stored, communicated, and processed digitally
Management Information Systems, Sixth Edition 5

The Power of Digital Systems (continued)
• Digital information is stored and communicated by means of electromagnetic signals
– Extremely fast – Digital copy is an exact copy of the original

• Accuracy and speed make digital systems powerful, useful, and important

Management Information Systems, Sixth Edition

6

The Purpose of Information Systems
• Businesses use information systems
– To make sound decisions – To solve problems

• Problem: any

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Information Systems

    • 3814 Words
    • 16 Pages

    Business Information Systems HA(IT) My questions: 1. Define the concept information system and its constitutive elements; describe the broad categories of computer-based information systems, providing relevant business examples for each category identified; explain how computer-based information systems can support managers at each level of an organisation. 2. Explain the main elements and steps of the project management process and, considering your essay writing as a project…

    • 3814 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Montrell King Mid-term 10/1/2013 Business Information System Dr. Butts 1. In the world today, businesses need knowledge management systems to help gain strategic advantages. Knowledge management systems are information systems that support the creation, organization, and dissemination of business knowledge to employees and managers throughout a company .Gaining a strategic advantage over competitors requires the innovative application of information technologies. For example, store management…

    • 981 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    PROCESS, APPLICATION AND COMPONENTS OF INFORMATION SYSTEM. ALSO GIVE THE IMPORTANCE OF BISNESS INFORMATION SYSTEM IN RETAIL MANAGEMENT. GIVE AN EXAMPLE. We can define information system as the integration of information technology and the activities of the people. Activities of the people may that support operations in the company, management system and the decision making of the organization. In other words, we can say that business information system in nothing but the interaction of people…

    • 1011 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Information Systems in Business Functions Learning Objectives: When you finish this chapter, you will: * Recognize different business functions and the role of ISs in these functions. * Understand how ISs in the basic business functions relate to each other. * Be able to show how ISs of different business functions support each other. * Understand how IT is used in the most common business functions to make business processes more effective and more efficient.…

    • 1404 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Information Systems Description Assignment Business Information Systems 100 School of Information Systems Curtin University 23/7/12 • v4.0 Student and Workshop Details Information Student Name: Student Number: Assessment Item: Institution / Location: Workshop Leader Name: Workshop Number: Marker Comments (Optional): See ACMSheet for Feedback Enter Your Details Christopher Phelps 16151211 IS Description Assignment Curtin University / Bentley Hai Dong 22 Marker Use Only See ACMSheet for…

    • 1654 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    problem with the same data always yields the same solution. This sequence of steps is known as an algorithm. An unstructured problem is one for which there is no algorithm to follow to reach an optimal solution— either because there is not enough information about the factors that might affect the solution or because there are so many potential factors that no algorithm can be formulated to guarantee a unique optimal solution. Unstructuredness is closely related to uncertainty. 3. DSSs use models to…

    • 2056 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    business information system

    • 17557 Words
    • 71 Pages

    5 Business Driven MIS module 1 M OST COMPANIES TODAY rely heavily on the use of management information sys- tems (MIS) to run various aspects of their businesses. Whether they need to order and ship goods, interact with customers, or conduct other business functions, management information systems are often the underlying infrastructure performing the activities. Management informa- 1 2 tion systems allow companies to remain competitive in today’s fast-paced world and especially…

    • 17557 Words
    • 71 Pages
    Powerful Essays
  • Good Essays

    different marketing factor, different business information systems have been developed. Diagram 1 shows businesses core competencies and the roles that marketing plays and the importance of an effective Business Information System (BIS). Diagram 1. Business Core Competencies Pricing decisions can be supported by systems such as online analytical processing used by major companies such as Microsoft (http://msdn.microsoft.com/sql/bi/analysis/). A system such as this assists basing price to…

    • 547 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Business Information Systems

    • 31170 Words
    • 125 Pages

    Essentials of Business Information Systems http://www.hocbonganh.co.uk/userfiles/Essentials%20of%20Business%20Information%20Systems.pdf Text Book: Laudon & Laudon, Essentials of Business Information Systems, 7th Edition, Pearson (Prentice Hall), 2007 Chapter 1 Business Information Systems in Your Career Multiple Choice Questions 1. One of the recent critical challenges facing Major League Baseball was: a. poor coordination between local and national sales channels. b. poorly managed…

    • 31170 Words
    • 125 Pages
    Satisfactory Essays
  • Powerful Essays

    FACULTY OF BUSINESS, MANAGEMENT AND SOCIAL SCIENCES School of Arts, Humanities and Social Sciences Bachelor of Business Administration Assignment & Presentation (September 2013) BBA 1107 Business Information Systems Due Date : _______________________________________________________ Instructions: 1. This is a compulsory individual assignment report. Length of your report should not be more than 2,000 words. 2. You are required to submit (i) a printed hardcopy, and (ii)…

    • 1265 Words
    • 6 Pages
    Powerful Essays