Moore's Law
The number of transistors per square inch on an integrated chip doubles every 18 months
3 Key Elements of MIS
- Processes
- Information Systems
- Information
Porter's 5 Forces
1. Competitive Rivalry
2. Threat of New Entrants
3. Bargaining Power of Suppliers
4. Bargaining Power of Buyers
5. Threat of Substitutions
Competitive Rivarly
- Intensity of competition
- Industry Growth Rate
Threat of New Entrants
- Barriers to entry
- Economies of Scale
- Brand Loyalty
- Capital Requirement
Bargaining Power of Suppliers
- Number of suppliers (the fewer suppliers the more power they have)
- Uniqueness of supplies
Bargaining Power of Buyers
, - Buyer volume (higher volume=more power)
- More similar products give buyers more power
Threat of Substitutes
- Availability (more=higher threat)
Porter's 4 Competitive Strategies
Personal Area Network (PAN)
- Devices connected around a single person
- Bluetooth
Local Area Network (LAN)
- Devices connected around a single site
- Ethernet, wifi
Wide Area Network (WAN)
- Devices connected between multiple sites
- Connects LANs
Internet
- Network of networks
Intranet
Private internet used exclusively within an organization
Three-Tier Architecture
A common way to organize and build software applications often used in web development
- User Tier
- Server Tier
- Database Tier
User Tier
Interface for users (Ex. browsers)
Server Tier
Contains the application's logic and processes
Database Tier