🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Document Details

TolerableBinomial

Uploaded by TolerableBinomial

Don Honorio Ventura State University

Tags

business information technology business organization business concepts management

Full Transcript

COURSE SUBJECT: AIS 101 MIDTERM LESSON: Chapter 1 Business and Information Technology 4. Hybrid – combination of two types of ✓ Many people believe that business nowadays business could not survive without the integration an...

COURSE SUBJECT: AIS 101 MIDTERM LESSON: Chapter 1 Business and Information Technology 4. Hybrid – combination of two types of ✓ Many people believe that business nowadays business could not survive without the integration and use of information technology (IT). Business Business Objectives organizations rely on computers to perform their daily operations and transactions. 1. Economic Objectives – profit, growth, income  Example: Banks have developed and 2. Human Objectives – employees, seminars, designed new mobile banking apps to trainings replace traditional banking. 3. Organic Objectives – improve and update the business  Advantage: Easy access to information &  Example: promotion and advertisement reaching out to customers. 4. Social Objectives – society, how to offer more convenient products Business Organization as a System Types of Business (owners) ✓ Any type of business organization, whether multinational or local and large, medium, or 1. Sole Proprietorship – only one person small, can be viewed as a system because it manages the business consists of various parts that work 2. Partnership – more than one individual collaboratively to attain a certain goal. 3. Corporations – single entity compose of different individuals ✓ The main goal of many organizations is to - the company itself is the liable, not the provide added value to their clients and people customers. 4. Limited liability companies (LLCs) – there is a limitation to a business such as liabilities Business Concepts - there is an operating agreement 5. Limited Partnership - there is a limitation to Business – traditionally defined as the a business such as liabilities exchange of products. - there is a partnership agreement - an enterprise or activity with the 6. Co-Operatives – are associations, each intention of making profits. member must give capital - an organization or enterprising entity 7. Non-profit Organizations – money comes engaged in commercial, industrial, or from solicitations professional activities.  Example: orphanage, UNICEF, foundations - efforts and activities undertaken by individuals to produce and sell goods Business Size and services for profit. Micro – fewer than 5 employees Types of Business Small Business – between 5 and 19 employees 1. Manufacturing – starts production, use of Mid-Sized Enterprises – between 20 and 199 raw materials employees 2. Merchandising – buy and sell Large Business – 200 or more employees 3. Services – providing service instead of product Data vs Information -we are talking beyond software and hardware but also the Computer-Based Data – facts that are collected, recorded, Information System stored and process by a system.  Example: Internet service providers - insufficient for decision making - these are raw files Business in the Information Era Types of Data Digital Age – most business established in the Information Era mostly depend on the 1. Alphanumeric data – numbers, letters and use of advanced technologies. other characters - it is a fact that people currently live in 2. Image data – graphic images, and pictures the Information Era, commonly known 3. Audio data – sound, noise, or tones as the Digital Age. 4. Video data – moving images or pictures - Information era is described as enormous and incredible, where the huge amounts Information – data that have been organized of information can be shared around the and processed to provide meaning and in just one click of a finger. improve decision making. - Information age enables businesses to - turning data into information is a compete in a marketplace that is a process, or a set of logically related to complex, global, and customed focused tasks and performed to achieve a defined - started in 1970s outcome. - use by both private and public sectors to - process of defining relationships among aid the needs and consumers data to create useful information requires knowledge (understand it fully, retain in Business in the Digital Age our brain for a long time), which is the awareness and understanding of a set of Call Centers – refers to a person who information and the ways in which that handles incoming or outgoing customer calls information can be made useful to for a certain business support a specific task or reach a - handling issues decision. Banking (Online banking and Mobile banking) – online banking is popularly Information Technology and Its Discipline knowns as internet banking - Mobile Banking is limited to checking Information – the study, design development business, paying bills, deposit & application, implementation, support or withdraw, though applications management of Computer-Based - Online Banking is using websites, all Information System (CBIS), particularly details are available, also known as software application and computer hardware internet banking (Laudon and Laudon, 2009). - application of technology to solve The Changing Role of IT in Business business or organizational problems on a broad scale. 1. Productivity – technological tools and - compromises a wide range of hardware applications such as computer – aided and software solutions that support design (CAD), office application, organizations and evaluate data that help programming software, database technology, them accomplish their targets. and the like improve business productivity.\ - describes technology-based workflow 2. Monitoring – IT tools are used for processes that enhance the proficiency of monitoring purposes in various areas of an organization to provide services that business organization. The main reason for produce profits. this is to ensure that all resources are being departments advancement over a selected utilized efficiently. timeline. 3. Business performance management – - responsible for analyzing, managing and developed as monitoring method that most retrieving data businesses use to achieve their goals. Trends in Information Technology Development Role of IT in Business (different fields) The Adaptability of the Internet of Things ✓ Education (IOT) – a system of interconnected Glogster EDU – educational platform to computing devices, mechanical and digital attract the attention of viewers machines, object, animals or people.  Example: Canva  Example: security cameras, smart watch Mentimeter – can get real-time feedback  Example: Asking question virtually on a Development of Web Applications – seminar composed of web pages or websites similar Electronic Learning Organizer to traditional and most mobile application,  Example: Google Drive program that is stored on a remote server Constant Therapy – used by students with and delivered over the Internet through a special needs browser interface. ✓ Learning Management System – these The Brainpower of Artificial Intelligence systems are powerful online applications – is the stimulation of human intelligence containing designed and developed courses processes by machines, particularly computer for students. systems. ✓ Health – IT plays a significant role in the field of medicine.  Example: Patients can be easily monitored Information Technology Career and Opportunities Help Desk Technical Jobs – technician must be knowledgeable about computer system and have good customer service skills - also like customer service Technical Support and Analyst Jobs – technical support analyst are considered professionals who assist staff within an organization and support non – IT computer users. - helps “not techy” people Business Intelligence Analyst Job – business intelligence analyst are computer science graduate who use computer software programs to go through big data and trace specific information to formulate reports and create presentations by considering the company’s level of efficiency and its

Use Quizgecko on...
Browser
Browser