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MBUS626-AIE MIS Review

. . Why Information Systems? (Why take IS?).

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MBUS626-AIE MIS Review

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    1. MBUS626-AIE MIS Review

    2. Why Information Systems? (Why take IS?) “IT is a business force now. It amounts to one-half of US firm annual capital expenditures and increasingly affects firm organize, do business, and compete. Business managers who choose not to reckon with it do so at their and their firm’s peril. by Peter G.W. Keen “IT is a business force now. It amounts to one-half of US firm annual capital expenditures and increasingly affects firm organize, do business, and compete. Business managers who choose not to reckon with it do so at their and their firm’s peril. by Pete G.W. Keen “Chaotics” – Chaotics Management Systems by Philip Kolter and John Caslione (AMACOM 2009) Globalization and technology are the two main forces that helped to create a new level of interlocking fragility in the world economy. While global interdependence works in everyone’s favor in good times, it rapidly spreads much pain and damage in bad times. Turbulence, with its consequent chaos, risk, and uncertainty, is now the “new normality” for industries, markets, and companies. We are hopeful that Chaotics will help you lead your company to maneuver, perform, and thrive in this new age we have now entered. And we look forward to discussing these ideas here. “IT is a business force now. It amounts to one-half of US firm annual capital expenditures and increasingly affects firm organize, do business, and compete. Business managers who choose not to reckon with it do so at their and their firm’s peril. by Pete G.W. Keen “Chaotics” – Chaotics Management Systems by Philip Kolter and John Caslione (AMACOM 2009) Globalization and technology are the two main forces that helped to create a new level of interlocking fragility in the world economy. While global interdependence works in everyone’s favor in good times, it rapidly spreads much pain and damage in bad times. Turbulence, with its consequent chaos, risk, and uncertainty, is now the “new normality” for industries, markets, and companies. We are hopeful that Chaotics will help you lead your company to maneuver, perform, and thrive in this new age we have now entered. And we look forward to discussing these ideas here.

    3. Is Computer Age Over ?

    5. Computer Age vs. Information Age Computer age refers to the love affair with hardware (and its speed of processing data) Information age refers to the trend toward treating information as a corporate resource that supplies executives with timely, accurate information for more effective decision making.

    6. What is Management Information Systems? It is a discipline that studies the use, management, and development of information systems to improve individual productivity, organizational performance, and welfare of the society A system is a group of components that interact to achieve some purpose. As a system, it is a man-machine system that incorporates different components to work together to serve specific purposes

    7. IT’s Impact on All Aspects The way we manage businesses University Administrative Systems, Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM) The way we entertain Online gaming Movie making: animation disney.go.com The way we communicate & shopping Instant messenger, Internet phone, instant sharing of files Retailing: Amazon.com, tedbaker.com Auction: eBay.com

    8. Why are business majors and MBA required to take an MIS course? You should: Have sufficient knowledge to be an informed and effective consumer of information technology products and services Be able to ask pertinent questions Be able to correctly interpret the responses to your questions with IS/IT Be able to make wise decisions and manage effectively using IS/IT

    9. I.S. Literate More than being computer literate Knowing what information you need for a particular task Knowing what data is needed to generate the information Knowing how to generate and manage the information Knowing what the information tells you Knowing basic concepts of computer organization Knowing how to operate a computer Simply put it, being I.S. literate implies that you need to know how to use information technology to become more intelligent

    10. MIS Management Information Systems

    11. Computers Impact If it's green, it's biology, if it stinks, its chemistry, if it has numbers its math, if it doesn't work, its technology. If it's green, it's biology, if it stinks, its chemistry, if it has numbers its math, if it doesn't work, its technology.

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