MIS 2101 Study Guide Mid-Term

MIS 2101 Study Guide Mid-Term - MIS 2101 Study Guide TUCC...

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MIS 2101 Study Guide TUCC Lecture 1: Managing In the Digital World Globalization is the integration of economies throughout the world, enabled by technological progress Definition of Information Systems: o People o Hardware o Software o Data o Telecommunications networks o Processes Primary MIS Functions: o Capture o Transmit o Store o Retrieve o Manipulate o Display ‘Evolution of Data’ Data Information Knowledge Wisdom Information Systems Primary ‘Value Skills’ o Technical Competency o Business Competency o Systems Competency Impact of Information Systems on Organization The spread of technology in organizations Downsizing and Outsourcing Increased Career prospects and opportunities Moore’s Law o o As chips get smaller, speed & performance go up, computer cost and size comes down
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o But will need new semiconductor technologies; will hit limit by 2017 Trends in Information Technology: Greater Miniaturization, Speed, and Portability Greater Connectivity and Continuing Convergence of Computing and Communications connectivity Greater Use of Digitized Information and Multimedia Better Software Techniques and Interfaces with People Big Ideas about IT o Business Process Design = Information Technology Design o Location doesn’t matter o IT is a major driver in business organization o IT does NOT secure long-term business advantage (requires constant adaptation o Link business objectives to technology initiatives o Lecture 2: Impact of Globalization o Worldwide communication o Collaboration without barriers Friedman’s “The World Is Flat” o Globalization 1.0, 2.0, 3.0 o The global economic playing field has been leveled o Competition is worldwide o Few jobs or markets are constrained by geographic boundaries Primary ‘flatteners’ that have shaped 21 st Century: o Fall of Berlin Wall – move from large centralized to small decentralized systems o Netscape – fostered new services, dot.com boom, fiber backbone (collaborative technology development) o o Outsourcing – lower telecom costs allow leaner, more efficient processes from anywhere in the world o Offshoring – global business operations seeking lower costs o Uploading – users collaborating, distributing applications & knowledge for free (threatening established giants like Microsoft) o Supply Chain – creating more efficient, responsive, lower cost processes o Insourcing – turning over internal operations to outside contractors o Informing – huge knowledge & information now readily available to everyone
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o The Steroids: convergence of media and wireless & internet technologies (PDA’s, mobile computing, iPhone)
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MIS 2101 Study Guide Mid-Term - MIS 2101 Study Guide TUCC...

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