How much do you know about the impact of information systems on businesses?

Study Notes

Overview of Information Systems and Their Impact on Business

PCL Construction has implemented mobile devices, touch screen kiosks, virtual design, and project management, analytics dashboard, and Microsoft Azure Cloud to improve operational efficiency and customer experience.
Information technology has transformed the way businesses run their operations and redesign their jobs and processes.
There are over 140 million registered dot-com businesses, 273 million adult Americans online, and 269 million Americans with mobile phones.
Social networking tools are being used by businesses to connect employees, customers, and managers.
Internet advertising continues to grow at more than 20 percent per year, and new laws require businesses to store more data for longer periods.
Changes in businesses result in changes in jobs and careers.
Cloud computing, big data, Internet of Things, mobile digital platform, AI, and machine learning are some of the IT innovations.
Online streaming music and video, on-demand e-commerce services, and expanding e-commerce are some of the new business models.
There is a greater emphasis on competencies and skills, more willingness to interact with consumers through social media, and better understanding of the importance of IT.
The internet and global communications have drastically reduced the costs of operating and transacting on a global scale and increased the interdependence of global economies.
A fully digital firm has significant digitally enabled and mediated business relationships, accomplishes core business processes through digital networks, and manages key corporate assets digitally.
Firms invest heavily in information systems to achieve six strategic business objectives: operational excellence, new products, services, and business models, customer and supplier intimacy, improved decision making, competitive advantage, and survival.

Description

Test your knowledge on the impact of information systems on businesses with this quiz! From cloud computing to social media, this quiz covers a wide range of topics related to information technology and its impact on the way businesses operate. With questions on new business models, digital firms, and strategic business objectives, this quiz will challenge your understanding of the role of information systems in modern businesses. So, put your thinking cap on and see how much you know about the digital revolution!