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UofR - BUS 375 - Managing Information Systems with verified solutions 2024
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UofR - BUS 375 - Managing Information Systems with verified solutions 2024
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UofR - BUS 375 -Managing
Information
Systems with
verified
solutions 2024
Information System (4 components)
- Structure
- IT
- People
- Process
Definition IT
- Hardware, Software, Telecommunications
- IT is boring and not smart. Only with interactions
- IT is different per user (iPhone for old and young people)
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Brainpower
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Definition Process
- Necessary steps people take to accomplish tasks
- More than one possible way to do
- If legacy IT -> processes can't be implemented correctly
Definition People
- Interacting with the system
- You, me, IT people
Definition Structure
- How the company's Structure is
- Centralised, Decentralised (won't work)
Principle Cause of IS failure
- Focus on IT only (silver spoon)
- Im not a IT Person (someone else's responsibility)
Efficiency vs. Effectiveness
Efficiency
- Same output with less input
- More output with same input
Effectiveness
, - Doing the right things
- More than one way to reach an outcome
Customized Software vs. Vanilla Software
Customised Software
- Expensive
- No warranty since it's not the original code anymore.
- Maintenance fees hight, only one company with that knowledge
Vanilla Software
- Cheaper
- Limited, maybe not all processes possible
SWOT
Strengths -> Internal
Weaknesses -> Internal
Opportunities -> External
Threats -> External
For Porter, strategy is fundamentally about being different
5 Forces (external)
- Existing Competitive Rivalry (including us)
- Potential new entrants
- Power of suppliers
- Power of Customers / Buyers
- Threat of Substitute Products
Value Chain Analysis (internal)
- Value adding process (converter)
"Set of activities through which a product or service is created and
delivered to customers."
The primary components are:
- Inbound logistics
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