Tuesday, 2 July 2013

Chapter 1 : Bsness Driven Technology


  • a field concerned with the use of technology in managing and processing information.
Management Information system (MIS)
• A general name for the business function and academic discipline covering the application of people, technologies, and procedures to solve business problems.


v  Data  - raw facts that describe the characteristic of an event
v  Information – data converted into a meaningful and useful context
v  Business intelligence – applications and technologies that are used to support decision-making efforts

v  Organizational information cultures include :
·         Information- Functional Cultures – Employees use information as a means of exercising influence or power over others. For example, a manager in sales refuses to share information with marketing. This causes marketing to need the sales manager’s input each time a new sales strategy is developed.
·         InformationSharing Culture – Employees across departments trust each other to use information (especially about problems and failures) to improve performance.
·         Information-Inquiring Culture- Employees across departments search for information to better understand the future and align themselves with current trends and new directions.
·         Information- Discovery Culture- Employees across departments are open to new insights about crisis and radical changes and seek ways to create competitive advantages.

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