The document discusses why information systems are important for businesses today. It provides four key reasons: 1) IT is a major capital investment, 2) information systems are essential for business operations, 3) IT increases productivity, and 4) IT provides strategic opportunities and competitive advantages. It also defines what an information system is from both technical and business perspectives, and distinguishes between computer literacy and information systems literacy.
25. Management Information Systems Chapter 1 Managing the Digital Firm Information Technology Capital Investment WHY INFORMATION SYSTEMS? Source: Based on the data in U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts , Tables 5.2 and 5.8, 2004. Figure 1-1
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27. Management Information Systems Chapter 1 Managing the Digital Firm The Interdependence between Organizations and Information Systems WHY INFORMATION SYSTEMS? Figure 1-2
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42. Management Information Systems Chapter 1 Managing the Digital Firm The Emerging Digital Firm WHY INFORMATION SYSTEMS? Figure 1-4
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45. PERSPECTIVES ON INFORMATION SYSTEMS Management Information Systems Chapter 1 Managing the Digital Firm What Is an Information System? Technology perspective: A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization
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47. PERSPECTIVES ON INFORMATION SYSTEMS Management Information Systems Chapter 1 Managing the Digital Firm Data and Information Figure 1-5
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49. PERSPECTIVES ON INFORMATION SYSTEMS Management Information Systems Chapter 1 Managing the Digital Firm Functions of an Information System Figure 1-6
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53. PERSPECTIVES ON INFORMATION SYSTEMS Management Information Systems Chapter 1 Managing the Digital Firm The Business Information Value Chain Figure 1-7
54. PERSPECTIVES ON INFORMATION SYSTEMS Management Information Systems Chapter 1 Managing the Digital Firm Information Systems Are More than Computers Figure 1-8
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