BUSACC 1236 Study Guide - Enterprise Resource Planning, Information System, Knowledge Management
Document Summary
Information systems and organizational strategy: business process, data, knowledge management, and business intelligence, e-business. An information system refers to something more than information. People, how they use technology, and follow a particular business processes. When information isn"t shared across divisions of company. Overcome by communicating with cross-functional managers, and used integrated systems/platforms that people can access information from the integrated database platform according to their role. Enterprise resource planning system integrates all functions of one firm onto one platform and provides role-based access to detailed information. Describe how it impacts the 5 forces in an industry of your choice. Rivalry- cutting edge technology, what happens to customers, rivals, and substitutes? (wiki) Explain the organizational strategy of deriving competitive advantage through differentiation. Describe how a business can utilize information systems for achieving differentiation. Automobile industry integrates new technology for better engines, gps, radio that differentiates their products (differentiation through different outlets than performance, price).
