systems in the career

 systems inside your career Composition

1 . List and explain the six business goals of information systems. Operational Excellence- businesses continually seek to improve the efficiency with their operations in order to achieve higher profitability.

New Products, Services, and Business Models- Can be a major tool for firms to create new items and services, as well as entirely new business types. A business model describes what sort of company makes, delivers, and sells an item or in order to create wealth. (ex: apple transformed old cd/records to an on-line download source. )

Consumer and Supplier Intimacy- every time a business seriously knows their customers and will serve them very well, the way they need to be served, the customers generally act in response by returning and purchasing more. (will raise revenues and profits) The greater a business engages its suppliers, the better the suppliers can provide essential inputs. (This will reduce costs)

Improved decision making- many business managers operate in an info fog traditional bank, never really obtaining the right details at the best to make the best decision. Instead, managers count on forecast, finest guesses, and luck. (raise costs and loose customers)

Competitive Advantage- the moment firms achieve one or more of those business objectives-operational excellence; new products, services, and business types; customer/supplier intimacy; and improved decision making. It’s likely that they have already attained a competitive advantage. (higher sales and higher profits)

Survival- buiness organizations also buy information devices and solutions because they are necessitiees of doing business. Sometimes these kinds of necessities happen to be driven by industry-level changes.

2 . What is the difference between information technology and an information program? Information system is a set of related components that collect (or recieve), method, store and distribute information to support decision making, corrdinating and control within an organization. Support managers and workers evaluate...


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