COMMERCE 2KA3 Chapter 1: Textbook Reading -Chapter 1 Information Systems in Global Business Today

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Textbook reading -chapter 1: information systems in global business today. 1. 1 how are information systems transforming business, and why are they so. Changes in technology and new innovative business models have transformed social life and business practices. Businesses are using information technology to sense and respond to rapidly changing customer demand, reduce inventories to the lowest possible levels, and achieve higher levels of operational efficiency. Supply chains have become more fast-paced, with companies of all sizes depending on just-in-time inventory to reduce their overhead costs and get to market faster. What makes the mis field the most exciting area of study in schools of business is the continuous change in technology, management, and business processes. A continuing stream of it innovations is transforming the traditional business world. Growth of a mobile digital business platform based on smartphones and tablet computers. The use of social networks by managers to achieve business objectives.

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