Information systems in business are comprised of people, hardware, software, data, and networks. They produce information products and perform input, processing, output, storage, and control activities to support business operations, managerial decision making, and competitive advantage. Understanding these fundamental components helps users, developers and managers of information systems. Information systems play three key roles by supporting business processes and operations, decision making by managers, and strategies for competitive advantage.
2. RECOGNIZING INFORMATION SYSTEMS Â As a business end user, you should be able to recognize the fundamental components of information systems you encounter in the real world. This means that you should be able to identify: Â The people, hardware, software, data, and network resources they use. The types of information products they produce. The way they perform input, processing, output, storage, and control activities. How they support the business operations, managerial decision making, or competitive advantage of a business. Â This kind of understanding will help you be a better user, developer, and manager of information systems. Â Â Â
3. OVERVIEW OF INFORMATION SYSTEMS Â THE EXPANDING ROLES OF INFORMATION SYSTEMS Â Three Fundamental Roles of Information Systems: Support of its business processes and operations. Support of decision making by its managers. Support of its strategies for competitive advantage.
