Chapter 1 - Produced by Dr. Brian Janz 1 Chapter 1: Part 1...

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Unformatted text preview: Produced by Dr. Brian Janz 1 Chapter 1: Part 1 Informaon Systems in Global Business Today Chapter 1: Learning Objecves Understand the eFects of informaon systems on business and their relaonship to globalizaon Explain why informaon systems are so essenal in business today Dene an informaon system and describe its management, organizaon, and technology components Produced by Dr. Brian Janz 2 Chapter 1: Learning Objecves (cont.) Defne complementary assets and explain how they ensure that inFormaon systems provide genuine value to an organizaon Describe the dierent academic disciplines used to study inFormaon systems and explain how each contributes to our understanding oF them Explain what is meant by a sociotechnical systems perspecve Chapter 1: InFormaon Systems in Global Business Today Part 2: The Role oF InFormaon Systems in Business Produced by Dr. Brian Janz 3 The Role of Informa1on Systems in Business Today How informa1on systems are transforming business Increase in wireless technology use, web sites Shis in media and adver1sing New federal security and accoun1ng laws Globaliza1on opportuni1es Internet has dras1cally reduced costs of opera1ng on global scale Presents both challenges and opportuni1es Figure 1-1 Information technology investment, defined as hardware, software, and communications equipment, grew from 32% to 51% between 1980 and 2008. Source : Based on data in U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts , 2008. The Role of IS in Business Today Produced by Dr. Brian Janz 4 The Role of IS in Business Today In the emerging, fully digital Frm SigniFcant business rela1onships are digitally enabled and mediated Core business processes are accomplished through digital networks Key corporate assets are managed digitally Digital Frms oer greater exibility in organiza1on and management Time shiing, space shiing The Role of IS in Business Today Interdependence between informa1on technology and ability to implement corporate strategies and...
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This note was uploaded on 02/24/2011 for the course MIS 7650 taught by Professor Janz during the Spring '11 term at U. Memphis.

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Chapter 1 - Produced by Dr. Brian Janz 1 Chapter 1: Part 1...

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