116x Filetype PPT File size 2.57 MB Source: www.casrilanka.com
Business Context and Operation of Information Systems Implementation of Information Systems in support of the Organisation’s Strategy Risks and Benefits in information related systems 2 The importance and characteristics of information for organisations The role of information systems in organisations Emerging information system trends in organisations Enterprise-wide systems/knowledge management systems/customer relationship management systems/E-business and Web tools Information technology enabled transformation Emergence of new forms of organisation. Geographically dispersed (virtual) teams; role of information systems in virtual teams and challenges for virtual collaboration. 3 4 Some say it’s Processed data. Data that is (1) Accurate and timely. (2) Specific and organized for a purpose. (3) Presented within a context that gives it meaning and relevance. (4) Can lead to an increase in understanding and decrease in uncertainty. 5 Information is valuable because it can affect behavior, a decision, or an outcome. For example: if a manager is told his/her company's net profit decreased in the past month, he/she may use this information as a reason to cut financial spending for the next month.. 6
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