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Reasons to study Business IS
What would you like to get out of this course.
in the Digital Age
You buy film at the store, insert it into your camera & take pictures.
Once you complete the film, sometimes weeks or months after you began the roll, you take it to the store for processing.
Go back to the store and pay for enlargements and duplications.
Send photos to family and friends.
Use a digital camera that can also take videos. No film is needed, and no processing required. You can see the results immediately & enlarge & print photos quickly.
If your digital camera is connected to a wireless device (such as a palmtop computer or a cell phone) take pictures and see them within a few seconds.Old vs. New Economy: Photography
Global competition is intensified as governments become involved through the use of subsidies, tax policies, import/export regulations & incentives.
The workforce is becoming more diversified, with more females, single parents, minorities, and handicapped persons working in all types of positions.
Consumer sophistication & expectations increase as customers become more knowledgeable about the availability and quality of products and services.Market Pressures(cont.)
Some of today’s state-of-the-art products may be obsolete tomorrow.
Thus, technology accelerates the competitive forces.
The amount of information available on the Internet more than doubles every year.
The management of information is critical.Technology Pressures
Issues range from the environment to education.
Regulation issues involve health, safety, environmental control, and equal opportunity.
Government Deregulation. Deregulation can be a blessing to one company but a curse to another company.
Business ethics relates to standards of right and wrong in business practices.Societal Pressures (cont.)
A computer-based information system (CBIS) is an information system that uses computer technology to perform some or all of its intended tasks.
Software is a set of programs that enable the hardware to process data.
Database is a collection of related files, tables, relations, and so on, that stores data.
Network is a connecting system that permits the sharing of resources between computers.
Procedures are the set of instructions about how to combine the above components.
People are those individuals who work with the system or use its output.Components of Information Systems
Which product was delivered last week?
Purchasing, reserving airline ticket, ordering, etc.
CAD & CAM
Which customers do not
Pay their bills on time?
How important is IT? In some cases, IT is the only approach that can help organizations.
Who is going to build, operate, and maintain the information systems?
How much IT? IT does not come free, but not having it may be much costlier.Managerial Issues
What about ethics and social issues? The implementation of IT involves many ethical and social issues.
What about Globalization? Globalization opens many opportunities, ranging from selling products and services online, to conducting joint ventures or investing in them.
How can an organization transform itself to the digital economy?Managerial Issues (cont.)