Name: Noor us sbah

Class: BBA 4B

Subject: MIS

Submitted to: Mr.Irfan

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1. How are information systems transforming business, and what is their relationship to globalization?

Answer: Email, web based conferencing, and mobile phones have become fundamental apparatuses for
directing business. Data frameworks are the establishment of high speed supply chains. The Internet
permits numerous organizations to purchase, sell, promote, and request client criticism on the web.
Associations are attempting to turn out to be more serious and productive by carefully empowering
their center business measures and advancing into computerized firms. The Internet has invigorated
globalization by drastically diminishing the expenses of creating, purchasing, and selling merchandise on
a worldwide scale. New data framework patterns incorporate the arising portable computerized stage,
online programming as an assistance, and distributed computing.

2. Why are information systems so essential for running and managing a business today?

Answer: Data frameworks have become an establishment for leading business. In numerous enterprises,
endurance and the capacity to accomplish key business objectives are troublesome without broad
utilization of data innovation. Organizations today use data frameworks to accomplish six significant
goals: operational greatness; new items, administrations, and plans of action; client/provider closeness;
improved dynamic; upper hand; and everyday endurance.

3. Describe the challenges and opportunities of globalization in a “flattened” world.

Answer: In a flattened world it is said that worldwide interchanges and the Internet have incredibly
diminished the monetary and social benefits of created nations. This carries numerous issues to mind at
this point there is rivalry for occupations and assets. Occupations are as yet being out sourced to third
world nations because of the modest work costs over yonder. A few laborers don't bring in sufficient
cash to have the option to make closes meets to have the option to put food on the table or to try and
send money back home to their family. Laborers abroad are being exploiting by these immense rich and
amazing organizations. They request an item for X cost, thus they get it yet there is an expense. This
expense is affecting our internationally economy. We are sending occupations where our nation actually
has a 4-5% joblessness percent. We need to take a gander at the master plan and to see what
globalization of the Internet has meant for our correspondences with various societies and our
economy. It has additionally had beneficial outcomes by giving us openings. Data frameworks alone in
the U.S. have made large number of occupations. Likewise, rethinking our positions or work assigning it
to different organizations has really improved the advancement of new data frameworks in the U.S. also,
the world.
4. Why are information systems so essential for running and managing a business today? List and
describe six reasons why information systems are so important for business today

Answer:

1) Operational Excellence – businesses can constantly improve their efficiency of their operations in
order to achieve higher profitability. They can do this by constantly having the correct amount of stock
in store so consumers can always get want they want.

2) New product services and business models – I.S systems play a major role for businesses in creating
new products and services. New business models can be created and these can describe how a company
produce, create and sell their products.

3) Customer and Supplier intimacy – the better services a company provides its consumers with more
likely they are too come back to them and as result the more they will buy off the supplier therefore
creating a good relationship with both parties.

4) Improved decision making – I.S systems make it possibly for managers to use real time data when
making a decision to therefore make better decisions and not have to waste time looking for
information.

5) Competitive advantage – if companies achieve any of these 6 reasons to use I.S they will generally
create a competitive advantage over their rivals.

6) Day to Day survival – business invest in these systems to make their jobs as easy as possible. An
example is Citibank introduced the first ATM machine to make it easier for customers to access their
money and to cut down queues in their banks.

5. What exactly is an information system? How does it work? What are its people, organization, and
technology components?

Answer: From a technical perspective, an information system collects, stores, and disseminates
information from an organization’s environment and internal operations to support organizational
functions and decision making, communication, coordination, control, analysis, and visualization.
Information systems transform raw data into useful information through three basic activities: input,
processing, and output. From a business perspective, an information system provides a solution to a
problem or challenge facing a firm and represents a combination of management, organization, and
technology elements. The management dimension of information systems involves such issues as
leadership, strategy, and management behavior. The technology dimension consists of computer
hardware, software, data management technology, and networking/telecommunications technology
(including the Internet). The organization dimension of information systems involves such issues as the
organization’s hierarchy, functional specialties, business processes, culture, and political interest groups.
6. What are the organizational, people, and technology dimensions of information systems?

Answer:

1)Organizational Dimension: In organizational dimensions, management understands what is embodied

in its information system relating organizational stuff like; culture, norms and values, core tasks of
organization, hierarchy of organization etc. Management should understand that all decisions that we
made depend on the information which is provided by information systems. Organizational dimensions
of any organization are easy to understand for manager because it is his line and he is better aware of
the culture and norms of his organization.

2) Management Dimension: In management dimension of information systems, information systems

assist manager to allocate resources, hire staff, motivate staff, realize risky areas and allocate
experienced staff of such risky areas. Information system assists manager to see different designs of
products and to make new products. Manager use different techniques from information system to
reduce the cost of its product like; target costing technique Organization produces its reports, financial
statements and forecasts by the help of information systems.

3) Technological Dimension: Technology dimension of an information system includes; hardware and

software. Management uses technology dimension to store its data in a safe custody. Through this
dimension, management communicates throughout the world via internet and networking. They must
be aware of this stuff with a knowledge of business because this is an era of technology and even if you
are not in this line, but you must possess know-how of information technology.

7. Define an information system and describe the activities it performs.

Answer: An information system is a set of interrelated components that collect or retrieve, process,
store, and distribute information to support decision making and control in an organization. ... Input,
processing, and output are the three activities in an information system that produce the information an
organization needs. Input, processing, and output are the three activities in an information system that
produce the information an organization needs. Input captures or collects raw data from within the
organization or from its external environment. Processing converts this raw input into a meaningful
form. Output transfers the processed information to the people who will use it or to the activities for
which it will be used. Information systems also require feedback, which is output that is returned to
appropriate members of the organization to help them evaluate or correct the input stage.

8. Distinguish between data and information and between information system literacy and computer
literacy

Answer: Data are streams of raw facts representing events occurring in organizations or the physical
environment before they have been organized and arranged into a form that people can understand
and use. Information is data that have been shaped into a form that is meaningful and useful to human
beings. Information systems literacy is a broad-based understanding of information systems. It includes
behavioral as well as a technical approach to studying information systems. In contrast, computer
literacy focuses primarily on knowledge of information technology. It is limited to understanding
computers
9. Describe how information systems have changed the way businesses operate and their products and
services

Answer: 1.Increase in wireless technology use, Web sites

2. Shifts in media and advertising

3. New federal security and accounting laws