and eBusiness 16 1 Learning Objectives Examine how information can reduce risk when making a decision Discuss managements information requirements Outline the five functions of an information system ID: 654256
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Slide1
Chapter Sixteen
Understanding Information and e-Business
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1Slide2
Learning Objectives
Examine how information can reduce risk when making a decision
Discuss management’s information requirements.
Outline the five functions of an information system
Describe how computers and technology help improve productivity in decision making, communications, sales, and recruiting and trainingAnalyze how computers and technology change the way information is acquired, organized, and usedExplain the meaning of e-businessDescribe the fundamental models of e-businessExplore the factors that will affect the future of e-business
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2Slide3
Information and Risk
Be prepared to discuss the relationship between the availability and quality of Information
and
Risk
Can having the right information reduce the riskiness of business decisions?What are information rules?What is the role of information rules in business?Are information rules static or dynamic?16 | 3Slide4
Can Information Reduce Risk When Making a Decision?
DefineData
Information
Database
Knowledge management (KM)Management Information System (MIS)What is the purpose of MIS?MIS interacts with which functional areas of a business?Information Technology Officer16 | 4Slide5
What is a Management Information System?
What are a Firm’s
I
nformation Requirements
?How does the Size and Complexity of the System vary between different firms?What are the Five Management Information System Functions?Collects dataStores dataUpdates dataProcesses data into informationPresents information to users16 | 5Slide6
How Do Employees Use Management Information Systems?
Know the different sources for Collecting Data
Internal
S
ourcesExternal SourcesKnow the different cautions about data collection outlined in the textbookKnow how employees use a MISStoring DataUpdating DataProcessing DataPresenting InformationVerbal InformationVisual DisplaysTabular Displays16 | 6Slide7
Improving Productivity with the Help of Computers and Technology
Be prepared to discuss areas where computers and technology are able to improve productivity
List and explain the importance of the three applications
that can
help to improve and speed the decision-making process in an organizationDecision Support System (DSS) Executive Information System (EIS) Expert SystemHow can technology helpImprove organizational communicationAssist the sales forceTrain employeesRecruit employees16 | 7Slide8
Computers, Technology and New Ways of Working
Be familiar with the terms
Telecommuting
Virtual Offices
TechnologyWhat are the benefits and challenges of these new ways of working?What is Business Applications Software?What functions does it feature?How can it help businesses improve productivity?16 | 8Slide9
Improving Productivity with the Help of Computers and Technology (cont’d)
What is the importance of conducting Computer Backups
and preparing for
Disaster Recovery
?Be familiar with the steps required for proper computer backupsSchedule data and information backupsBackup the computer system needed to access dataKeep backups offsiteTest backup systemsMay be performed by employees or outside vendors16 | 9Slide10
Using Computers and the Internet
to Obtain Information Define
Information
S
ocietyInternetWorld Wide Web (the Web)Broadband TechnologyNetworkWide-Area Network (WAN)Local-Area Network (LAN)16 | 10Slide11
Using Computers and the Internet
to Obtain Information (cont’d)
Know why it is important
that
computers and software be standardized Accessing the InternetWhat do URL and HTTP stand for?What are important considerations and tips when creating a website for a firm?16 | 11Slide12
E-Business
Define E-BusinessBe prepared to discuss how to organize e-business resources
What role does
Outsourcing
play?How should a firm combine e-business resources in order to best utilize them?Be prepared to discuss what customer needs have been created by the InternetHow can e-business satisfy customer needs, both new and old?How do firms make e-business profitable?16 | 12Slide13
Fundamental Models of e-Business
Define and explainBusiness M
odel
Business-to-Business (B2B) Model
Business-to-Consumer (B2C) ModelDiscuss how a firm plans for a new Internet business or builds an online presence for an existing businessBe able to list business models that perform specialized e-business activities16 | 13Slide14
The Future of Computer Technology, the Internet, and e-Business
Be prepared to discuss the following topicsInternet Growth Potential
Opportunity
Social networking sites
Ethical and Legal ConcernsEthics and Social ResponsibilityInternet CrimeFuture Challenges for Computer Technology and E-BusinessGreen ITInternal FactorsExternal Factors16 | 14Slide15
Future Challenges for Computer Technology and E-Business
Define Green IT
What are the
Internal
and External Forces that can affect an E-Business?16 | 15InternalExternalPlanningGlobalizationGreen ITDemographic FactorsOrganizational Structure
Society
Human
Resources
The Economy
Management Decisions
Competition
Information Database
Technology
Available Financing
Political Forces
Legal Issues