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Paper "how can an IT system initially help a company advance but later become a requirement for that business to stay competitive?"

An information system is an integrated mix of people, hardware, software, communications networks, and data resources that gather, process, and disseminate information to an organization. A system, in contrast, is a group of interrelated components forming a processing unit. Systems have three basic functions, input, processing, and output. Other characteristics include feedback and control. Depending on the system interface, the system can be open to interact with other systems in the environment, closed with self-interaction, or adaptive in order to survive. Module 1 introduces how information systems and technology have radically changed business.

This class uses the e-textbook Information Systems: A Harnessing Guide to Information Technology from FlatWorld Knowledge as well as supplementary materials from Laudon and Laudon Essentials of MIS from Pearson Education online, companion website. You can access Gallaugher's e-textbook through internal course links.

Case Assignment

Based on the assigned materials, write a paper answering the following questions.

How can an IT system initially help a company advance but later become a requirement for that business to stay competitive?

You may want to consider weaving all or some of the Case Learning Outcomes into your response by addressing the following:

- Describe how information technology (IT) has brought radical changes to industry and societies. This topic can be addressed by articulating how a company from the past executed business processes without Information Technology (and especially information systems/software), then talk about how a present company uses IT and complex software systems.

- Describe the concept of software total cost of ownership (TOC) and its association for investment decision making. In other words, how does a company figure out that investing in software will make it more efficient or more effective and then stay on the path?

- Review the software alternative of cloud computing. Why might it make sense not to host software applications locally? What benefits does cloud computing bring? What possible negative effects are there?

- What does it mean to be competitive? Explain how IT/information systems might make a company competitive.

What happens in companies that cause the mindset to change from implementing IT and especially software systems to become efficient, to believing that IT and information systems/software are "must-haves" to stay at par or get ahead of the competition?

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