ADM 1370 Study Guide - Final Guide: Inter-Process Communication, Web 2.0, Turbocharger

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An information system consists of five parts, including: people, procedures, software, hardware, and, data. Digitization - basically, the replacement of physical tasks by digital means facebook is social digitization. Five factors to consider when assessing impact of it on business: Internet growth and technology convergence: transformation of the business enterprise, growth of a globally connected economy, growth of knowledge and information-based economies, emergence of the digital firm. Digital firms use information systems to enable the seamless flow of information between different parts of the organization as well as between the organization and its suppliers and customers. Conducting business electronically enables new levels of efficiency, competitiveness, and profitability (i. e strategy) Input: captures raw data from organization or external environment. Output: transfers processed information to people or activities that use it. Iivari, hirschheim and klein (2004) classify is body of knowledge as needing: 1. technology knowledge: application domain knowledge, systems development knowledge, organizational knowledge, is application knowledge.