Escrito por estudiantes que aprobaron Inmediatamente disponible después del pago Leer en línea o como PDF ¿Documento equivocado? Cámbialo gratis 4,6 TrustPilot
logo-home
Document preview thumbnail
Vista previa 4 fuera de 31 páginas
Examen

ITSS 3300 TIMOTHY STEPHENS EXAM 1 UTD 2025 QUESTIONS AND ANSWERS

Document preview thumbnail
Vista previa 4 fuera de 31 páginas

The purpose of Information Systems in Business - ANS is to support the achievement of the organization's strategic, tactical, and operational goals · Interdependence (Relationship) of IT and Business - ANS Businesses rely on information systems to help them achieve their goals; a business without adequate information systems will inevitably fall short. But information systems are also products of the businesses that use them. Businesses shape their information systems and information systems shape businesses. Transformation - ANS Emerging Technologies, Challenges, Time and Space Shift Effects of Emerging Technology Organizations and Information Systems - ANS Advances in technology enable quicker and cheaper information system changes, enabling the organization to be more agile in addressing changing customer wants and needs, even creating new market opportunities. The net effect is an ever-increasing interdependence between Business organizations' Information Systems and the outside environmental changes brought on by emerging technologies affecting both the internal workings of the business and its customers. There is a price to pay for this transformation - ANS primarily the loss of individual privacy. How Information Systems Are Transforming Business - ANS ◦Mobile digital platform ◦Systems used to improve customer experience, respond to customer demand, reduce inventories, and more ◦Growing online news media readership ◦More knowledge of customers' locations, behaviors, tendencies COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2 ◦Video systems can and do record everything ◦Expanded artificial intelligence capabilities enable self-learning systems ◦Expanding e-Commerce and Internet advertising and processing New federal security, health information, and accounting laws Challenges Facing Organizational Information Systems - ANS ◦Ability to use information technology and data ◦Ability to implement corporate strategies and achieve corporate goals ◦Ability to speedily act/react to changing market conditions ◦Ability to protect corporate information assets ◦Ability to adequately fund, implement, and sustain organizational information systems. Time shifting and space shifting - ANS Business can be conducted at any time (time shifting) and any place (space shifting Strategic Business Objectives of Information Systems - ANS 1.Operational excellence 2.New products, services, and business models 3.Customer and supplier intimacy 4.Improved decision making 5.Competitive advantage 6.Survival Operational Excellence - ANS Information systems and technology are important tools in achieving greater efficiency and productivity ◦Example: Walmart's Retail Link system links suppliers to stores for superior replenishment system Improvements of efficiency and productivity lead to higher profitability! COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 3 New Products, Services, and Business Models - ANS Business model: describes how company produces, delivers, and sells product or service to create wealth Information systems and technology are major enabling tools for new products, services, business models ◦Breakthroughs: Apple's iPad, Google's Android OS, and Netflix ◦Newer Examples: 'Alexa', Ring, Facial Recognition, Wind Turbines Customer and Supplier Intimacy - ANS Serving customers well leads them to return, increasing revenue and profits ◦Example: Amazon tracks browsing and purchasing to suggest other products for consideration and purchase Intimacy with suppliers allows them to provide vital inputs, which lowers costs ◦Example: Manufacturers' access to suppliers' inventory systems to check availability before ordering. Improved Decision Making - ANS Accurate, Timely, and Complete Information Enables Objective, Data-Driven Decision-Making. The Consequences: ◦Relying Solely on Forecasting, Experience, or Simply Luck ◦Creating the Wrong Product, Marketing, Cost ◦Over/Under Production ◦Mis-Allocation of Resources ◦Poor Production Quality ◦Missed Customer Expectations Competitive Advantage - ANS Delivering better performance Charging less for superior products Responding to customers and suppliers in real time ◦Examples: Amazo

Vista previa del contenido

ITSS 3300 TIMOTHY STEPHENS EXAM 1
UTD 2025 QUESTIONS AND ANSWERS



The purpose of Information Systems in Business - ANS is to support the achievement of the
organization's strategic, tactical, and operational goals



· Interdependence (Relationship) of IT and Business - ANS Businesses rely on information
systems to help them achieve their goals; a business without adequate information systems will
inevitably fall short. But information systems are also products of the businesses that use them.
Businesses shape their information systems and information systems shape businesses.



Transformation - ANS Emerging Technologies, Challenges, Time and Space Shift



Effects of Emerging Technology Organizations and Information Systems - ANS Advances in
technology enable quicker and cheaper information system changes, enabling the organization
to be more agile in addressing changing customer wants and needs, even creating new market
opportunities. The net effect is an ever-increasing interdependence between Business
organizations' Information Systems and the outside environmental changes brought on by
emerging technologies affecting both the internal workings of the business and its customers.



There is a price to pay for this transformation - ANS primarily the loss of individual privacy.



How Information Systems Are Transforming Business - ANS ◦Mobile digital platform
◦Systems used to improve customer experience, respond to customer demand, reduce
inventories, and more
◦Growing online news media readership
◦More knowledge of customers' locations, behaviors, tendencies
COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 1

,◦Video systems can and do record everything
◦Expanded artificial intelligence capabilities enable self-learning systems
◦Expanding e-Commerce and Internet advertising and processing
New federal security, health information, and accounting laws



Challenges Facing Organizational Information Systems - ANS ◦Ability to use information
technology and data
◦Ability to implement corporate strategies and achieve corporate goals
◦Ability to speedily act/react to changing market conditions
◦Ability to protect corporate information assets
◦Ability to adequately fund, implement, and sustain organizational information systems.



Time shifting and space shifting - ANS Business can be conducted at any time (time shifting)
and any place (space shifting



Strategic Business Objectives of Information Systems - ANS 1.Operational excellence
2.New products, services, and business models
3.Customer and supplier intimacy
4.Improved decision making
5.Competitive advantage
6.Survival



Operational Excellence - ANS Information systems and technology are important tools in
achieving greater efficiency and productivity
◦Example: Walmart's Retail Link system links suppliers to stores for superior replenishment
system
Improvements of efficiency and productivity lead to higher profitability!



COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2

,New Products, Services, and Business Models - ANS Business model: describes how company
produces, delivers, and sells product or service to create wealth
Information systems and technology are major enabling tools for new products, services,
business models
◦Breakthroughs: Apple's iPad, Google's Android OS, and Netflix
◦Newer Examples: 'Alexa', Ring, Facial Recognition, Wind Turbines



Customer and Supplier Intimacy - ANS Serving customers well leads them to return,
increasing revenue and profits
◦Example: Amazon tracks browsing and purchasing to suggest other products for consideration
and purchase
Intimacy with suppliers allows them to provide vital inputs, which lowers costs
◦Example: Manufacturers' access to suppliers' inventory systems to check availability before
ordering.



Improved Decision Making - ANS Accurate, Timely, and Complete Information Enables
Objective, Data-Driven Decision-Making.
The Consequences:
◦Relying Solely on Forecasting, Experience, or Simply Luck
◦Creating the Wrong Product, Marketing, Cost
◦Over/Under Production
◦Mis-Allocation of Resources
◦Poor Production Quality
◦Missed Customer Expectations



Competitive Advantage - ANS Delivering better performance
Charging less for superior products
Responding to customers and suppliers in real time
◦Examples: Amazon, Walmart, UPS

COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 3

, Survival - ANS Information technologies as necessity of business
Industry-level changes
◦Example: Introduction of ATMs
Governmental regulations requiring record-keeping
◦Examples: HIPAA, Sarbanes-Oxley Act, Dodd-Frank Act



The Sarbanes-Oxley Act (2002) - ANS requires that public firms keep all data, including e-
mail, on record for 5 years



Dodd-Frank Act (2010) - ANS requires financial services firms to develop extensive new
compliance reports



HIPAA (Health Insurance Portability and Accountability Act - ANS addresses the storage,
retrieval, and access to protected patient health information, by health care providers, insurers
and other related parties.



Definition of Information Technology - ANS Although organization and management are
important too, it's the technology that enables the systems and the organizations and
managers who use the technology. Intranets and extranets'.
•Computer hardware, software, and data
•Data management technology
•Networking and telecommunications technology
•Networks, the Internet, intranets and extranets, World Wide Web
•IT infrastructure: provides platform that system is built upon



Intranets - ANS Intranets are private networks used by corporations



Extranets - ANS extranets are similar except that they are directed at external users
COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 4

Información del documento

Subido en
21 de junio de 2025
Número de páginas
31
Escrito en
2024/2025
Tipo
Examen
Contiene
Preguntas y respuestas
$13.99

¿Documento equivocado? Cámbialo gratis Dentro de los 14 días posteriores a la compra y antes de descargarlo, puedes elegir otro documento. Puedes gastar el importe de nuevo.
Escrito por estudiantes que aprobaron
Inmediatamente disponible después del pago
Leer en línea o como PDF

Seller avatar
Los indicadores de reputación están sujetos a la cantidad de artículos vendidos por una tarifa y las reseñas que ha recibido por esos documentos. Hay tres niveles: Bronce, Plata y Oro. Cuanto mayor reputación, más podrás confiar en la calidad del trabajo del vendedor.
Brainbarter
3.6
(58)
Vendido
367
Seguidores
159
Artículos
22996
Última venta
1 semana hace




Por qué los estudiantes eligen Stuvia

Creado por compañeros estudiantes, verificado por reseñas

Calidad en la que puedes confiar: escrito por estudiantes que aprobaron y evaluado por otros que han usado estos resúmenes.

¿No estás satisfecho? Elige otro documento

¡No te preocupes! Puedes elegir directamente otro documento que se ajuste mejor a lo que buscas.

Paga como quieras, empieza a estudiar al instante

Sin suscripción, sin compromisos. Paga como estés acostumbrado con tarjeta de crédito y descarga tu documento PDF inmediatamente.

Student with book image

“Comprado, descargado y aprobado. Así de fácil puede ser.”

Alisha Student

Preguntas frecuentes