(TCO A) Cloud computing (Points : 10) is the same as e-commerce. reduces the size of IT organizations. increases business costs. requires special software, other than a browser, to be installed on each computer.
2. (TCO A) Maintaining the organization's financial records is a central purpose of which main business function? (Points : 10) manufacturing and accounting finance and accounting sales and manufacturing finance and sales
3. (TCO B) The value chain model (Points : 10) categorizes five related advantages for adding value to a firm's products or services. sees the supply chain as the primary activity for adding value.
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Why or why not? (Points : 25)
A
Information systems (IS), technically are a set of interrelated components that collect and retrieve information, process and store it and support the organization in decision making. Information Technology (IT) is a shared technology and provides the platform for specific information. It consists of hardware and software for a business to achieve their objectives. Included is the computer systems, the computer, any hand-held devices, software the company needs to operate and storage. (20)
"The research on IT and business performance has found that (a) the more successfully a firm can align information technology with is business goals, the more profitable it will be." (111)
Laudon, K. L. a. J. Management Information Systems, 12/e for DeVry University (12th ed). Pearson Learning Solutions. Retrieved from http://devry.vitalsource.com/books/9781256399933/id/ch02fig07
B
Electronic business, or e-business or "electronic commerce"(55) has increased exponentially because so many businesses are on digital networks. Major business transactions are completed on the enterprise. Digital networking is transforming businesses relationships with the companies customer, their employees and relationships with suppliers and partners in business. E business technology is also improving the way business is done in the government. The government uses the Internet to enable and increase business
Pearlson, K. E., & Saunders, C. S. (2013). Managing & Using Information Systems. John Wiley & Sons, Inc.
Information technology is defined as shared technology resources that provide the platform for an organization's specific information system applications. IT deals with the technology involved in the systems themselves. According to our book, it consists of all the hardware and software that a company would need to use in order to achieve its business objectives. This includes not only computer machines, storage devices, and handheld mobile devices, but also software, such as the Windows or Linux operating systems, the Microsoft Office desktop productivity suite, and the many thousands of computer programs that can be found in a typical large firm.
4) Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consist of all the software and business processes needed.
E -business and e-commerce are terms that are used to differentiate one vendors' product from another. Both terms are different, and that difference matters for today's companies. The ‘e’ stands for electronic networks and describes the application of the electronic network technology. This include Internet and electronic data interchange (EDI) and is used
While IT and IS may have different roles in different organizations, it seems that the goals of IT and IS are fairly consistent. Sales growth, effectiveness, quality, productivity, and most importantly, profitability are all goals that organizations want information technology to help them achieve. However, research cannot find a direct link between IT
E-business is the business application of data and communication technologies in support of all the activities of business. Commerce set up the exchange of product and services between businesses, teams and people might be seen joined of the essential activities of any business. Electronic commerce focus on the information and communication technologies and uses this to create relationships of the business with individual, groups and other e-businesses refers to
Information Technology means the use of hardware, software, services, and supporting infrastructure to manage and deliver information using voice, data, and video. IT focus on how information and computing systems support business, research, and communications needs. Instruction ranges from the basics of computer hardware to the complex relationship between humans and computers.
Ans 1. Information Technology refers to the combination of the hardware,software and the services that people use to manage, communicate and share information. Information Technology is vital and are extremely important because the innovation, the technological advancements and the industrial knowhow are derived from the advancements and the progress made on information technology. Information technology is also vital in the areas of business where customization of business processes and the integration of information technology into the business knowhow as well as the production techniques, are very useful in getting optimum results and it does
It allows both businesses and consumers to conduct transactions online, instead of using traditional methods. E-Business would allow Best Book of Mackay to link their internal and external processes more efficiently and effectively, and work more closely with suppliers and partners to better satisfy the needs and expectations of their customers. (1) Development of computer and communication technologies have led to the evolvement of E-business and it will no doubt continue to do so.
Information Technology is the area of managing technology that spans a wide variety of areas that include computer software, information systems, computer hardware, programming languages and are not limited to things such as processes, and data constructs.
Information technology define by (Bourgeois, 2014) are combinations of hardware, software, and telecommunications networks that individuals build and use to collect, generate, and assign useful data usually in organizational. Information system are consistent working together to distribute information to support decision making, coordination, control, analysis, and visualization in an organization. Information system has become important to most of the organizations and businesses and nowadays it become foundation for all actions that performed in each organization.
Existence of an information system (IS) department in an organization got recognition as an important asset since two decades back. The main objective of having an IS department in an organization is to process the raw data available as input from organizations’ resources and transform it into meaningful information as output. Good quality information can be used effectively in managing organizations’ operations.
Over the historical decade, Internet and Web skills have remade the commercial world. E-business has melodramatically changed in what way companies’ business procedures are implemented and improved, altered manufacturing structures, and removed the balance of control between companies and their dealers and clienteles (both downstream associates and consumers). Businesses in every manufacturing have had to assess the chances and threats presented by e-business. Though many “pure-play” or “born-on-the-Web” governments have come into existence, the cheap still consists mostly of businesses that were shaped well before the arrival of e-business. For big and mature companies, responding to these tendencies has been difficult.
Bee and Bee (1999), defined Information as what is required and what you need to know to effectively manage a business and be successful in it. They stated that ‘systems’ on the other hand is ensuring the information is available when it is required. Information systems involve gathering, storing and processing information in a structured way for an organisation. Similarly, management information systems are information provided electronically to enhance decision
Information system is a complementary networks of hardware and software that or organization use to collect, filter, process, create, and distribute data. Information system are being create to support the operation, management and also their decision making.