MSYS Midterms

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Information Technology (IT)

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214 Terms
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Information Technology (IT)

consists of all hardware and software that a firm needs to perform business operations

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Systems

series of interrelated components working together to perform a common goal by accepting inputs and producing outputs in an an organized transformation process

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Information System

collects

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Information System

made up of data

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Data

raw facts

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Information

processed & organized facts that have value

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Knowledge

The awareness and understanding of a set of information and the ways that information can be made useful

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Input

goes into the process

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Process

A series of logical actions or tasks taken to achieve an outcome

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Output

what comes out of process

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Feedback

items/concepts that serve as input to processes of the system in order to adapt or improve

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Control

stop-gap measures to regulate the system

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Business Process

a set of activities and transactions that an organization conducts on a regular basis in order to achieve its objectives

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3 areas of business

*Transaction Processing System *Decision Support System *Executive Support System

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Transaction Processing System (TPS)

computerized system that performs and records the daily transactions needed to conduct business

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Decision Support System (DSS)

computerized system that focuses on problems that are unique and rapidly changing

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Executive Support Systems (ESS)

helps senior management make decisions & uses DDS

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Enterprise Resource Planning (ERP)

helps integrate the different business processes (accounting

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Programmer

technical specialists who create the software

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System analysts

elicit information from clients to understand the business needs of the company

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Chief Information Officer (CIO)

Senior manger who oversees all uses of IT and ensures the strategic alignment of IT with business goals and objectives

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Chief Security Officer (CSO)

Responsible for ensuring the security of IT systems

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Chief Privacy Officer (CPO)

Responsible for the data policies of an organization

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End-users (business-users)

people that make use of the IT resources in an org

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Major Roles in an Organization

*Supporting Customer Interactions *Collaborating on Teams *Improving Individual Productivity *Making Decisions *Managing Operations *Gaining Competitive Advantage

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Categories of IS based on Organizational Levels

*Enterprise System *Supply Chain Management System *Customer Relationship Management System *Knowledge Management System

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Enterprise Systems

internal business processes compressed into a single software system to create a seamless flow of information throughout organization

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Supply Chain Management Systems

to produce efficiency when sourcing products

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Customer Relationship Management Systems

provides information that aims to satisfy and maintain happy customers

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Knowledge Management Systems

collect relevant knowledge and experience and make it accessible to all

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Porter's 5 Forces

identifies 5 competitive forces that affects how long a business can remain competitive and profitable

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Porter's 5 Forces

*Bargaining power of buyers *Bargaining power of suppliers *Threat of new entrants *Threat of substitute products *Rivalry among competitors

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Organization

stable

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Organization

collection of rights

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Features of Organizations

*Routines and business processes *Organizational politics *Organization culture *Organization environment *Organization structure

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Routines and business processes

develops routines for producing goods and services

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Organizational Politics

a variety of activities associated with the use of influence tactics to improve personal or organizational interests

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Organization Culture

unassailable

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Organization Environment

where org sources it resources

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needs to be scanned due to constant change

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Org Structure

*Entrepreneurial Structure *Machine Bureaucracy *Divisionalized Bureaucracy *Professionalized Bureaucracy *Adhocracy

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Entrepreneurial Structure

small startups with simple structure

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managed by entrepreneur

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Machine Bureaucracy

mid-sized bureaucracy that produces products

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dominated by central management

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Divisionalized Bureaucracy

combination of multiple machine bureaucracies which is centralized by a HQ

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Professionalized Bureaucracy

*knowledge-based *usually law firms *weak centralized authority

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Adhocracy

large group of specialists

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weak central management

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PADIM

*Problem *Analyze *Design *Implement *Maintenance

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Impacts of an IS

  • transaction cost reduction *internal costs reduction *flattens an organization

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Organization's aspirations

comprised of mission

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Mission Statement

why we exist

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indicates key goals and performance objectives

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Vision Statement

what future we want to create

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ideal end state

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Values

what is important to us

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Personal Aspirations

personal goal that is enduring and based on deep motivation

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Elements of a vision

*Customers *Products / Services *Market *Technology *Survival / Profitability *Philosophy *Self Concept *Public Image *Career for Employees *Nation Building

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Primary Activities

*Inbound Logistics *Operations *Outbound Logistics *Marketing and sales *Services

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Inbound Logistics

receiving

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Operations

transforming inputs into the final product form

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Outbound Logistics

collecting

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Marketing and Sales

providing a means by which buyers can purchase the product and inducing them to do so

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Service

installation

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Support Activities

*Procurement *Technology Development *Human Resource Management *Firm Infrastructure

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Procurement

function of purchasing inputs used in the firm's value chain - such as raw materials

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Technology Development

know-how

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Human Resource Management

recruiting

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Firm Infrastructure

general management

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SWOT Analysis

Helps in understanding the Strengths Weaknesses (Internal) & Opportunities Threats (External)

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Strengths

*What does the company do well *What advantages does a company have? *What do you do better than anyone else?

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Weakness

*What can the company improve on? *What should be avoided?

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Opportunities

*What can the company benefit from? *What trends can you take advantage of?

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Threats

*What could threaten the company's standing? *What obstacles do you face? *What are your competitors doing? Is changing technology threatening your position?

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IT Infrastructure

*a set of physical devices and software applications required to keep a business running *it also includes the set of firmware services budgeted by management and composed of both technical and human capabilities *supports the firm's business and information systems strategy

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examples of IT intrastructures

*telecommunications *learning management system (LMS)

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telecommunications

ex: globe and smart

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learning management system (LMS)

ex: skillshare

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evolution of IT infrastructure

*general mainframe and mini computer era (1959) *personal computer era (1981) *client/server era (1983) *enterprise computing era (1993) *cloud and mobile computing (2000)

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general mainframe and minicomputer era (1959)

*mainframe: a centralized computer under control of programmers and system operations *maincomputers: powerful machines at lower cost vs IBM mainframes

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mainframe

*in 1952

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can do very large/ complicated tasks

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minicomputers

*1965 *produced by Digital Equipment Corporation *enabled decentralized computing possible

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