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Mis Lecture 1

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Information Systems in Global Business Today
CHAPTER 1

Management
• The process of dealing with or controlling things or people.

• E.g. Management of resources, management of people in an organization. • The directors and managers who have the power and responsibility to

make decisions. • Different management levels from top to bottom CEO to employees.

Information
• Meaningful data.
• Everything depends on Information. • Information supports to achieve:

Planning, organizing & decision making.

System
• Principles or procedures according to which something is done; an organized

scheme or method. • Interconnecting network e.g. organizational system etc.

What is Information System?
Information System can be any organized combination of people, hardware,

software, communications networks, data resources, and policies and procedures that stores, retrieves and transforms information in an organization.

How Information Systems are transforming Business?
• Cell phones, BlackBerrys, iPhones, e-mail, and online conferencing over the Internet have all become essential tools of business.

• There are 285 million cell phone subscribers in the United States, and nearly 5 billion worldwide
(Dataxis, 2010). • By June 2010, more than 99 million businesses worldwide had dot-com Internet sites registered (Verisign, 2010).

How Information Systems are transforming Business?
• About 39 million people watch a video online everyday, 66 million read a blog, and 16 million post to blogs. • Social networking site Facebook attracted 134 million monthly visitors in 2010 in the United

States, and over 500 million worldwide.
• Google’s online ad revenues surpassed $25 billion in 2009

Globalization Challenges and Opportunities
WHAT IS GLOBALIZATION? • A process of interaction and integration among the people, companies, and

governments of

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