The computer

The computer A computer is a device which accepts input data, processes it according to programmed rules, calculates results and then store and or output those results. Types of computers Computers can be classified as follows.                 1 supercomputers                 2 Mainframe...

Manual system VS computerized systems

In many situations manual systems are inferior to computerized systems. Some disadvantages of manual systems are outlined in the following table. Disadvantage Comment Productivity Productivity is usually lower, particularly in routine or operational situations such as transaction processing slower Processing is slower where large volumes of data need to be dealt with. Slower processing means that some...

The impact of information technology

Manual systems Many tasks (and people) are still better suited to manual methods of working, for example a single quick calculation may best be done mentally or by using a pocket calculator. Many people also prefer communicating face to face with their colleagues, rather than using tools such as e-mail. People may prefer to interact both to fulfill social needs and become they find this form of communication more effective. Example use...

Information and competitive advantage

It is now recognized that information can be used as a source of competitive advantage. This has led to formal management strategies and plain for information. A strategy is needed for arrears in which decisions have to potential to have a major impact on an organization. Many organizations have recognized the importance of information and developed an information strategy, covering both IS and IT. Information system should be tied in...

Vision and Reality

A company that has vision of its own future, and some idea of how information technology can be used to turn that vision in to reality, may be able to use new technologies for strategic advantage. One approach to create a vision is to adopt a familiar three step approach involving answering three questions about the organization.                 1 where are we in...

Traditional view over strategy

 An important role of both the finance and information technology functions is to help ensure the agreed strategy is proceeding according to the plain. The table below (devised by the US institute of Management Accounts) outlines the rationale behind this view.    Description Traditional View Strategic implication Cost The finance and information technology functions can be relatively expensive. ...

Information systems and business stratergy

It is widely accepted that an organisation's information system should support corporate and business strategy. in some circumstances an information system may have a grater influenced and actually help determine strategy  Ex:-- (A) IS/IT may provide a possible source of competitive advantage, this could involve new teleology not yet available to other or simply using existing teleology in...

Functional /operational strategies / information system strategy

Information system strategy is an example of a functional / operational strategy (although in some cases it may have strategic implications), functional / operational strategies. Deal with specified arrears of activity. Information systems  :-- A firms information systems are becoming increasingly important, as an item    of expenditure, as administrative support and as a tool for competitive strength. Marketing  ...

The Qualities of Good information

Good information is information that adds to the understanding of a situation. the qualities of better information are outlined in the following table. Accurate           : Figures should add up, the degree of rounding should be appropriate. there should be no typos,    items should be allocated to the correct category, assumptions should be stated for...

Strategy related definitions

Strategy :- Strategy can be defined as 'a course of action, including the specification of resources required, to achieve a specific outcome. Strategic Planning :- Strategic Planning is the formulation, evaluation and selection of strategies for the purpose of preparing a long-term plan of action to attain objectives. Strategic information :- Strategic information is used to plan the objectives of...