COMMERCE 2KA3 Study Guide - Final Guide: Office Depot, Inference Engine, Intelligent Agent

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Document Summary

Significant business relationships with customers, suppliers, and employees are digitally enabled and mediated. Core business processes are accomplished through digital networks spanning the entire organization or linking multiple organizations. Key corporate assets intellectual property, core competencies, and financial and human assets are managed through digital means. They sense and respond to their environments far more rapidly than traditional firms. They offer extraordinary opportunities for more flexible global organization and management, practicing time-shifting and space-shifting. Six reasons why information systems are so important for business today include: (1) operational excellence (2) new products, services, and business models (3) customer and supplier intimacy (4) improved decision making (5) competitive advantage (6) survival. Organizational, management, and technology dimensions of information systems. Organization: the organization dimension of information systems involves issues such as the organization"s hierarchy, functional specialties, business processes, culture, and political interest groups.