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About modern information technology help you in business

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Reference no: EM133503643

Questions

1. Why will knowing the basics about modern information technology help you in business?

2. Why is it important for data to be just barely sufficient?

3. What are the drawbacks of developing custom application software for an organization? List and explain.

4. Describe Porter's five forces model for competition. How can IS be used in this model?

5. Explain why it is important for a manager to know how computers work.

Share an example from your personal knowledge or experiences where understanding how computers work was crucial for a manager. Why was it important

6. What is meant by a business process? Give an example you personally know.

Share an example of a business process that you are personally familiar with. Define what a business process is based on your understanding and explain how the example you provided fits into that definition. Discuss any challenges or improvements you can identify based on your personal knowledge or experiences.

7. What is data and how is it different from information?

Based on your personal knowledge or understanding, define what data is and explain how it differs from information. Share an example where data was transformed into meaningful information and discuss the value that information provided.

8. Why will knowing the basics about modern information technology help you in business?

Reflecting on your personal knowledge or experiences, explain how knowing the basics about modern information technology has helped you or someone you know in their business endeavors. Provide specific examples of how this knowledge led to improved productivity, decision-making, or adaptation to changing business landscap.

Reference no: EM133503643

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