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

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Assignment -personal reflection 1 -instructions - watch

Assignment - Personal Reflection 1 - Instructions - Watch Milgram's obedience video: Milgram Experiment Proves We Blindly Obey Authority. Consider the following. Christ called his disciples to follow him (Mark 1:17). He ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

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 ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Discussion - this discussion deals with the important topic

Discussion - This Discussion deals with the important topic of whether money is a motivator for increased job performance and satisfaction. Look at your own history of how you have been compensated, what problems you saw ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Questions -1 choose an industry and then use the library or

Questions - 1. "Choose an industry and then use the library or the Internet to find data from secondary sources that will be highly useful in developing a marketing plan." Start thinking of the industry that relates to t ...

Developing leaders and organisations assessment - report on

Developing, Leaders and Organisations Assessment - Report on Promoting Individual Informal Workplace Learning Brief - You are the newly-appointed Human Resource Advisor in a medium-sized business that employs approximate ...

  • 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