IS 300 midterm - strategic business objectives of IT [2]

Information Technology

subject studying technology and the management & process of information especially in large organizations 

Information System

a system that collects and processes data (info) and provides its managers at all levels for decision-making, planning, program implementation, and control

MIS

mgmt information system

used inerchangeable with IS

3 dimensions of IS

organizations, technology, management

6 strategic business objectives

operational excellence

new products/services/business models

customer and supplier intimacy

improved decision making

competitive advantage

survival

complementary assets

organizational, managerial, and social

organizational assets

appropriate market, efficient business processes

managerial assets

incentives for mgmt innovation, teamwork and collaborative work environments

social assets

assets specific to society

internet, telecommunications infrastructure

business process

set of activities/tasks a company has to go through to achieve something

organization structure

senior mgmt

middle mgmt (scientists, knowledge workers)

operational mgmt (production & service and data workers)