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Part 1 - Information Systems Characterization Part 2 - The Internet Revolution Part 3 - Information and Data Modelling Part 4 - Planning of Information Systems
Students will be evaluated based on the following criteria: 1 Individual Final Test and 3 Assignments Group assignments will be delivered and evaluation of each assignment will be according to three sub-criteria: Oral presentation (35%); Multimedia Presentation (15%); and Written Report (50%). First assignment 20%; Second assignment 30%; Third assignment 35% Final Test 15%
BIBLIOGRAPHY The master book for the course is: "Management Information Systems (12th Edition)", by Kenneth C. Laudon and Carol Guercio Traver, Prentice Hall, ISBN-10: 0132142856. However there will be available across the course plenty documents, references, links, videos, etc. that are able to fully address the content of the book and thus it is not mandatory to have the book to reach the objectives of the course.
HOW THE WORLD IS CHANGING AND THE ENABLER ROLE OF INFORMATION SYSTEMS Four powerful worldwide changes that have altered the business environment: 1.Emergence of the Global Economy 2.Transformation of Industrial Economies 3.Transformation of the Business Enterprise 4.The Emerging Digital Firm
What is an Information System? A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization. (Laudon, 2012) Information systems are implemented within an organization for the purpose of improving the effectiveness and efficiency of that organization. Capabilities of the information system and characteristics of the organization, its work systems, its people, and its development and implementation methodologies together determine the extent to which that purpose is achieved.
Data, Information and Knowledge have different meanings: Data: Streams of raw facts representing events such as business transactions Information: Clusters of facts that are meaningful and useful to human beings in the processes such as making decisions Knowledge: Capability to transform information in something that is valuable to the person or organization.
Information systems have different functions: Input: Captures raw data from organization or external environment Processing: Converts raw data into meaningful form Output: Transfers processed information to people or activities that use it Feedback: Output returned to appropriate members of organization to help evaluate or correct input stage
There is a growing interdependence between a firm’s information systems and its business capabilities. Changes in strategy, rules, and business processes increasingly require changes in hardware, software, databases, and telecommunications. Often, what the organization would like to do depends on what its systems will permit it to do.