Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
Summary
Essentials of Management Information Systems
Kenneth C. Laudon
15th edition 2023
978-0137946891
All chapters
Pages book: 505
This summary: 92
Reading time: 120 minutes
+ test bank 80 questions and answers
+ 60 key core concepts you must know explained alphabetically
Essentials of MIS provides you with an in-depth look at how businesses today use IT and
systems to achieve their goals. Current, real-world cases illustrate companies identifying and
solving key business challenges using IS and technologies.
,Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
,Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
,Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
, Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
Management Information Systems (MIS)
Chapter 1 Information Systems in Business today
NBA makes a slam dunk with information technology
Problem: no hard data usable in decision making processes, costly and
competitive market
Solutions: new system designed to collect and organize data using video clips,
video tagging with descriptive categories, streaming
= Innovation and improving
Business Challenge management + organization + technology Informaton System
Business Solution
Role of IS in business today
Capital investment in IT, hardware, software, communication equipment, grew from 32% to
52% of all invested capital between 1980 and 2009 because better ROI (return on
investment). As manager know how to invest this money wisely on IS and technology.
How are IS transforming business?
Increased wireless technology use, web sites
Increased business use of web 2.0 tech
Cloud computing, mobile digital platform allow more distributed word, decision-‐ making,
and collaboration
Mobile phones, e-‐mail, online conferencing (5 billion cell phone subscribers
worldwide)
Why are more parcels distributed?
Just in time production, Lean production, As little inventory as possible
, Summary Essentials of Management Information Systems Laudon 15th edition 2023 978-0137946891
Resond to rapidly changing customer demand
Get to market faster, reduce overhead costs
A lot of digital information to store and handle.
Get news online, reading and writing blogs, social networking
Connect employees, customers, managers worldwide
Internet advertising and e-‐commerce continue to expand
Laws requiring to store this data for several years
3 interrelated changes in technology (accuracy, speed, richness of decision making)
1. Emerging mobile digital platform (desktop PC mobile device to coordinate work,
communicate, provide info for decision making)
2. Growth of online software as a service /SAAS (wikis, Web 2.0, collaboration tools
better and faster decisions, online teams and projects
