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Structured data 20%: clearly defined and searchable
Unstructured data 80%: stored in native form
responsible for overseeing all uses of MIS and ensuring that
Chief Information Officer (CIO)
MIS strategically aligns with business goals and objectives
Business strategy A leadership plan that achieves a specific set of goals or objectives
analyzes the competitive forces
within the environment in which a
Porter's Five Forces Model
company operates to
assess the potential for profitability in an industry
generic business strategies that are
neither organization nor industry
Porter's 3 Generic Strategies specific
1. broad cost leadership
2. broad differentiation
3. focused strategy
a standardized set of activities that accomplish a specific task, such
Business process
as a specific process
Views a firm as a series of business processes that each add
Value chain analysis
value to the product or service
a way of monitoring the entire system by viewing multiple
inputs being processed or transformed to produce outputs
System thinking
while continuously gathering feedback on each
part
ex. baking a cake
fact the confirmation or validation of an event or object
The present time, during which infinite quantities of facts are
Information age
widely available to anyone who can use a computer
A business function, like accounting and human resources, which
Management Information Systems moves information about people, products, and processes across
(MIS)
the company to facilitate decision- making and
, problem-solving
A product or service that an organization's customers place a
Competitive advantage
greater value on than similar offerings from a competitor
Inbound logistics Acquires raw materials and resources, and distributes
Operations transforms raw materials or inputs into goods and services
Outbound logistics distributes goods and services to customers
Marketing and sales promotes, prices, and sells products to customers
Service provides customer support
firm infrastructure, human resource management, technology
Support Value Activities
development, procurement
Primary value activities inbound logistics, operations, outbound logistics, marketing and sales,
service
firm infrastructure includes the company format or departmental structures, environment, and
systems
Human Resource Management provides employee training, hiring, and compensation
technology development applies MIS to processes to add value
procurement Purchases inputs such as raw materials, resources, equipment, and supplies