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In: Operations Management

Introduction to Management Information Systems Read at least three (3) academically reviewed articles on Management Information...

Introduction to Management Information Systems Read at least three (3) academically reviewed articles on Management Information Systems and complete the following activities:

(Wikipedia articles will not be accepted. Professor will check originality of all posts).

1. Summarize all three (3) articles in 300 words or more. Please use your own words. No copy-and-paste

2. Discuss at least 3 different concepts presented in the articles. As an IT professional, how would you apply the three (3) concepts you identified. Please use APA throughout.

Solutions

Expert Solution

Article 1: Future of Information System and Information Technology

Information technology has shown exponential growth in the last decade, leading to more sophisticated information systems. Today’s information technology has tremendously improved quality of life. Modern medicine has benefited the most with better information system using the latest information technology.

Information systems have been known to mankind in one form or the other as a resource for decision making. However, with the advent of information technology information systems have become sophisticated, and their usage proliferated across all walks of life. Information technology has helped managed large amount of data into useful and valuable information.

Article 2: The Changing Face of Business Environment

The last decade has shown rapid development in the information technology and its application. This has helped changed the way we look at the world as well as the way business is conducted. Both business and trade have gained under the wave of information technology with improvement in efficiency, productivity and bottom line. Productivity improvement has facilitated speedy and accurate production in large volumes. Indian financial sector has also benefited from advancement in information technology.

Current global and competitive business environment constantly asks for innovation, existing knowledge base is getting obsolete, continuously thriving for advancement in process improvement. The learning curve is always put to test, and every company is striving to remain ahead of the curve. Due to this shift in the way business is getting conducted has thrown out new reality of ever shortening product and service life cycle. More and more companies are coming out with customized products and finding ways to differentiate from competition.

A recent survey conducted has highlighted that the change in the business environment can be summarized with following:

Globalization and opening up of markets has not only increased competition but also has allowed companies to operate in markets previously considered forbidden.

Inclusion of information technology as integral part of business environment has ensured that companies are able to process, store and retrieve the huge amount of data at ever dwindling costs.

Globalization has encouraged free movement of capital, goods and service across countries.

Article 3: Comparison of Information System and Information Technology

Information system and information technology are similar in many ways but at the same time they are different. Following are some aspects about information system as well as information technology.

Origin: Information systems have been in existence since pre-mechanical era in form of books, drawings, etc. However, the origin of information technology is mostly associated with invention of computers.

Development: Information systems have undergone great deal of evolution, i.e. from manual record keeping to the current cloud storage system. Similarly, information technology is seeing constant changes with evermore faster processor and constantly shrinking size of storage devices.


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