Information System Free Sample Management of Information Systems

Questions: 1. What is systems thinking and how can management information systems enable and (possibly) improve business communications? 2. Define Globalization 1.0, 2.0 and 3.0. What kind of business data did business managers collect and use for each? 3. Why are competitive advantages temporary? 4. What are Porters three generic strategies and how can a company add value by using Porters chain analysis? 5. Define and Porters Five Forces model and explain each of the forces. Then, create a Porters Five Force analysis for one of the following products: desktop computer, telephone, or walkman? 6. Imagine your new CEO wants to reorganize the AAA Management Company so it is more efficient and effective. Look at the model below and analyze the CEOs reorganization plan. Explain the advantages and disadvantages of the structure he proposed, and then reorganize the structure so it provides optimal benefits to operations of the company? Answers: 1. System thinking is a holistic process that emphasizes on interrelation of constituent parts of the system and also performance and operation of the system within a specific time period. It is also a process for collecting feedback which helps to maintain stability. Management information system mainly emphasizes on the processing the relevant data into information. MIS includes the system thinking process which helps the organization to work cross-functionally. MIS has many benefits towards the business communication. It helps to maintain communication among the system users and the information system staffs making the process of communication more effective. It is also a time saving system which helps the employees to collect the data automatically. With such faster accessibility facility, the managers are able to make decisions more quickly (REDDY et al., 2009). 2. Globalization 1.0 was started during the discovery of world by Christopher Columbus and the world decreased to medium from being large. Then for around 100 years, the world was ruled by the white people who mainly controlled the business. Data examples can be attributes related to trade through shipping routes. Globalization 2.0 started around 1800 at the time of Revolution of the industry when the world started decreasing further in to smaller units. In this era, the international companies controlled the business process. The data examples can be trade attributes through corporations Globalization 3.0 started in early 2000, where the world became tiny from being smaller. During this era, people of different background dominated the business. Data examples can include the trade attributes through individual people (prenhall.com, n.d.). 3. Competitive advantage can be defined as a service or product features that are valued by the customers compared to the competitors offerings. However it is to be noted that the competitive advantages can never be permanent. This is because the business environment is dynamic and the needs of the customers are rapidly changing. So, even when a company thinks of meeting the needs of the customers offering competitive advantage like suppose offering low price products with high quality, all similar competitors starts offering similar advantages to the customers. This nullifies the competitive advantages of the previous company (A. D'Aveni, Battista Dagnino and G. Smith, 2010). Thus competitive advantage is temporary.4. Porters three generic strategies are cost-leadership, differentiation and focused strategy as shown below. The cost leadership is the process of gaining the competitive advantage by minimizing the cost, differentiation is the process of offering products with unique fu nctionality, feature,, support and durability and focus strategy includes both cost and differentiation. The objective of Porters value chain is to develop competitive advantage and create value for the potential customers by identifying the business process effectively. This tool helps to identify the activities of the organization and how they are interrelated to determine the profit and cost of the organization. The value chain process includes two categories one is primary activities like the manufacturing, selling, delivering, after sales services and the support activities include procurement, technology development, human resources and firm infrastructure (Mullins and Walker, 2013). 5. Porters five forces Model mainly examines the competitive forces within business environment for assessing the profit potentiality within the industry in which the organization operates in. The five forces are: Threat of Rivalry: It is force due to competitors in the market, the competition is low if competitors are complacent and fierce if the competitors are high. Bargaining Power of Buyer: It is the buyers ability to influence the prices that they want to pay for the products. Bargaining Power of Supplier: It is the ability of the suppliers to affect the prices that they charge for their supplies like services, labor or materials Threat of new entrants: It is the low if the new entrants find barriers to enter in the industry and high if there are no barriers. Threat of Substitutes is low when there are fewer alternatives to choose from and high if the services or products alternatives are many to choose from. Source: Made by Author6. The advantage of following the previous structure as shown below is that the structure is simplified. There is no substructure and everybody have a single reporting person. However, the disadvantage of using this structure is that it is not rightly placed according to roles and responsibilities. Considering CEO as the president of an organization, he is the highest ranked executive of the organization whose main aim to develop the organization by maintaining a functional structure. Thus the new structure should be: Source: Made By Author Reference D'Aveni, R., Battista Dagnino, G., G. Smith, K. (2010). The age of temporary advantage. Strategic Management Journal, 31(13), 13711385. Mullins, J., Walker, O. (2013). Marketing management. New York: McGraw-Hill. prenhall.com,. Fueling Globalization through Information Systems. Retrieved 9 January 2015, from https://www.prenhall.com/behindthebook/0132335069/pdf/Jessup_CH02.pdf Reddy, g., srinivasu, r., rikkula, s., rao, v. (2009). Management information system to help managers for providing decision making in an organization. International Journal Of Reviews In Computing, 5(1).