Management Information System (Grade A)

Summary:

Chapter 1 of BMIS300: Management Information Systems introduces the topic of information systems in global business today. The chapter aims to explain how information systems are transforming business and why they are essential. It also explores the concept of an information system and its dimensions.

The chapter is divided into two sections. The first section discusses the transformational impact of information systems on business, including topics such as the challenges and opportunities of globalization, the emergence of the digital firm, and the strategic business objectives of information systems.

The second section focuses on defining an information system and exploring its main dimensions. It highlights the pervasive nature of information systems in everyday life and various examples, such as mobile applications, e-business, and online commerce. The chapter emphasizes the importance of information systems in the global economy and the extensive use of information technologies in organizations.

Furthermore, the chapter explores the concept of a digital firm, which leverages information systems to enable digital processes, customer and supplier relations, and global operations. The advantages of digital firms, including their ability to sense and respond to the environment rapidly, offer flexibility and transcend geographical barriers, are highlighted.

Overall, Chapter 1 of BMIS300 introduces the transformative role of information systems in global business, emphasizing their significance and the dimensions that define them. It highlights the impact of digital technology and the Internet on conducting transactions, managing business processes, and expanding market opportunities.

Excerpt:

Management Information System

School of Business
Department of Management Information Systems

BMIS300 – Management Information Systems: Chapter 1 – Part 1

Information Systems in Global Business Today

Learning Objectives
After reading this chapter, you will be able to answer the following questions:
• How are information systems transforming the business?
• Why are information systems so essential for business today?
• What is an information system?
• What are the dimensions of an information system?