MIS Cheat
Q1) What is information system?
A: An information system can be any organized combination of people, hardware, software communication networks data sources and policies and procedures that stores, retrieves, transforms and disseminates information in an organization.
Q2) what is Information technology?
A: The term information technology refers to the various hardware, software, networking and data management components necessary for the system to operate.
Some examples of Information technologies are:
1. Computer hardware technology
2. Software technology
3. Telecommunication network technologies
4. Data resource
5. Management technology
Q3) What is the relationship between IS and IT?
Q4) What are the fundamental roles of IS in business?
A: There are 3 fundamental reasons for all business applications of Information Technology:
They are found in the three vital roles that information system can perform for a business enterprise:
a) Support of its business processes and operations
b) Support of Decision making by its employees and managers
c) Support of its strategies for competitive advantage
Q5) Role of e-business in business
A: The internet and related technologies and applications have changed the way businesses are operated and people work. Many businesses today are using internet technologies to web-enabled business processes and to create innovative e-business applications.
E-business refers to the use of Internet technologies to work and empower business processes, electronic commerce, and enterprise collaboration within a company and with it s customers, suppliers and other business stakeholders. In essence, e-business can be considered an online exchange of value.
The internet and internet-like networks - inside the enterprise (intranet) and between an enterprise and its trading partners (extranets) - have become the primary information technology infrastructure that supports the e-business applications of many companies. These companies rely on e-business applications to:
1) Re-engineer internal business processes
2) Implement electronic commerce system with their customers and suppliers
3) Promote enterprise collaboration among business teams and work groups.
Enterprise Collaboration systems involve the use of software tools to support communication, coordination and collaboration among the members of networked teams and workgroups. Electronic commerce is the buying, selling, marketing and servicing of products, services and information over a variety of computer networks. This includes everything from advertising, sales and customer support on the World Wide Web, to internet security and payment mechanisms that ensure completion of deliveries and payment processes.