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Understand the effects of information systems on business and their relationship to globalisation: Management Information Systems Case Study, TCD, IReland

University Trinity College Dublin (TCD)
Subject Management Information Systems

Understand the effects of information systems on business and their relationship to globalisation.

• Explain why information systems are so essential in business today.

• Define an information system and describe its management, organisation, and technology components.

Define complementary assets and explain how they ensure that information systems provide genuine value to an organisation.

• Describe the different academic disciplines used to study information systems and explain how each contributes to our understanding of them.

• Explain what is meant by a sociotechnical systems perspective.

Growing interdependence between ability to use information technology and ability to implement corporate strategies and achieve corporate goals

• Business firms invest heavily in information systems to achieve six strategic business objectives:

How information systems are transforming business
– Emerging mobile digital platform
– Growing business use of “big data”
– Growth in cloud computing

• Globalisation opportunities

– Internet has drastically reduced costs of operating on global scale
– Increases in foreign trade, outsourcing
– Presents both challenges and opportunities

• In the emerging, fully digital firm:

– Significant business relationships are digitally enabled and mediated.
– Core business processes are accomplished through digital networks.
– Key corporate assets are managed digitally.
• Digital firms offer greater flexibility in organisation and management.
– Time shifting, space shifting

Growing interdependence between ability to use information technology and ability to implement corporate strategies and achieve corporate goals

• Business firms invest heavily in information systems to achieve six strategic business objectives:
1. Operational excellence
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival

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