3. What exactly is an information system? How does it work? What are its management, organization, and technology components? Technically, an information system is one that gathers, stores, and distributes information from certain organization’s environment, to stakeholders in order to support decision making, analysis, management, etc. Important to note that an information system converts raw data into resourceful information by means of input, processing, and output (Laudon, 2014). Even though information systems are used for management purposes, such as leadership, strategy, analysis, etc. These systems involve components like computer hardware, software, Internet or other networking technology, etc. 4. What are the complementary assets? Why are complementary assets essential for ensuring that information systems provide genuine value for an organization? New business models & business processes, supportive organizational culture and management behavior, appropriate technology standards, regulations, and laws (Laudon, 2014, p. 62). Information systems need to be supported by the proper managerial and behavioral strategies in order to produce high value returns.
5. What academic disciplines are used to study information systems? How does each contribute to an understanding of information systems? What is a sociotechnical system perspective? Both technical and behavioral disciplines are used in the study of information systems. Disciplines such as computer science, management science, and operations research contribute to the technical approach. While psychology, sociology, and economics, contribute to the behavioral approach of information systems by focusing on the design, implementation, management, and business impact of it (Laudon, 2014). References Laudon, K.C. & Laudon J. P. (2014). Management of Information Systems (13th ed.) Upper Saddle River, NJ: Pearson Education Inc.
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