IT and Organizations Review Information Technology in Business and

IT and Organizations Review Information Technology in Business and Society I

What is an information system? From a technical perspective, an information system collects, stores, and disseminates information from an organization’s environment and internal operations.

What is an information system? IS uses this information to support organizational functions and decision making, communication, coordination, control, analysis, and visualization.

What is an information system? From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements.

How are information systems transforming business and what is their relationship to globalization? Organizations are trying to become more competitive and efficient by digitally enabling their core business processes.

How are information systems transforming business and what is their relationship to globalization? The Internet has accelarated globalization by decreasing the costs of producing, buying, and selling goods on a global scale. New information system trends include the emerging mobile digital platform, online software as a service, and cloud computing.

What does globalization have to do with management information systems? The development of the Internet has decreased the costs of operating and transacting on a global scale. Communication and transportation become easier that accelarate globalization. Information systems enable globalization.

Why Does Friedman Argue That the World is Flat? Friedman argues that the world is now flat. The globalization 1.0 is the European Colonization that made the world large to medium. The globalization 2.0 is the industrial revolution that made the world medium to small.

Why Does Friedman Argue That the World is Flat? The globalization 3.0 is the advances in the information technology that made the world small to tiny. These advances reduce the advantages of developed countries. Now the world is flat.

References Laudon K. And J. Laudon, Management Information Systems Managing the Digital Firm, 12th Ed., Pearson Prentice Hall, 2012.