Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

Can someone please assist me with my write-up? I am not sure if I am answering the question outlined below correct?

1.Explain why businesses develop information systems. Also, point out some of the wrong reasons businesses sometimes cite for developing information systems and support your answer with examples.

Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

MY ANSWER:
Information System (IS) is a group of components that work together to process data and produce information (Kroenke, 2015). Information systems exist to help people work in a business to achieve the strategies of that business (Kroenke, 2015). In an organization, information system consists of data, hardware, software, telecommunications, people, and procedures. Moreover, information systems have become necessary for serving association function in an international nation. Information systems are present to help people who work in a business realize the purpose, objectives, make better decisions, increase profitability, increase revenues, superior long-term strategic planning, and help make business process more efficient. Information system are not produced for the pure enjoyment of exploring technology (Kroenke, 2015). They are not produced so that the company can be "present" or so to the business can demonstrate it has a social networking presence on the Web. They are not produced because other information systems department thinks it needs to be created, because the company is "declining at the back of technology curve," or for the only cause that "every other business has one" (Kroenke, 2015, p. 12). Businesses at present use information systems to realize six major objectives: Operational excellence, new products, services, business models, customer/supplier intimacy, enhanced decision making, competitive advantage and day-to-day survival.
Reference

Kroenke, D. (2015). Using MIS 2014 (7th ed.). Upper Saddle River, NJ: Prentice Hall

Also, I am short of the required words (200) on the next question, can you please assist me?

2.Give your own best definition of information, and explain the difference between data and information.

Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

MY ANSWER:
The term "information" and "data" do not mean the same thing. The term information means the act of informing in regard to knowledge communication (news or facts about a situation, event, or a person). Information is capturing data and knowledge; however, data is the raw material in the production of information. Data is the facts or figures. Information, on the other hand, is facts or conclusions that have meaning within a context. Raw data is rarely meaningful or useful as information. To become information, data is manipulated through tabulation, statistical analysis, or any other operation that leads to greater understanding of a situation.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91422795
  • Price:- $20

Guranteed 24 Hours Delivery, In Price:- $20

Have any Question?


Related Questions in Management Theories

Chapter- gravity modela manufacturer of cat towers wishes

Chapter- Gravity Model A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium. Currently, carpet, cylinders, yarn and fasteners are purchase ...

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

Business research assignments -assessment 1 - literature

Business Research Assignments - Assessment 1 - Literature Review (2000 to 2500 words) For this assessment, students are expected to demonstrate their understanding of the extant, academic literature related to an approve ...

Discussion assignment - discuss the following statementif

Discussion Assignment - Discuss the following statement: If management gets a union, it deserves one. Take a position for or against the statement and support your argument with both your research into the subject (refer ...

This case study relates to the firestone tyre company in

This case study relates to the Firestone Tyre Company in the United States in 2000, and refers to the now famous tyre recall that took place during August of that year. You have been provided with case study details in t ...

Read the case study why arent they listening answer the

Read the Case Study, "Why Aren't They Listening?" Answer the four questions at the end of the case study (SLII Figure). Directions: Write a three-part essay (i.e., an essay that includes an introduction paragraph, the es ...

Assignment overview -this assessment item requires you to

Assignment Overview - This assessment item requires you to consider:- The operation of diverse and complex government and non-government project contractural arrangements relevant to a range of managed services, ICT, and ...

Show your work i already have my own answer and am trying

Show your work! I already have my own answer, and am trying to compare for accuracy. Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Managemen ...

Question 1supply chain management is instrumental as it

Question: 1. Supply chain management is instrumental as it pertains to marketing as marketing plays a key role in integrating supply chain processes and promoting collaboration between stakeholders. 2. In this week's dis ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As