Chapter 1, Problem 2RQ

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Information system and their activities:

• An information system provides set of interrelated components to support decision making, control, analysis, and so on...

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 Organizational, management and technology from the dimensions of information system:

Organization:

• The organizational’ hierarchy, functional specialties, business processes, culture, and political interest groups are some issues based on organization dimension of information systems...

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Difference between data and information:

Data	Information
Data are collection of raw facts.	Information is collection of processed data.
Data alone does not provide any meaning by itself.	Information can provide meaning by itself.
One can’t make any decision based on data .	One can able to make decision based on information.
Understanding the data can be difficult.	Understanding the information is more easier when compare to data...

Explanation of Solution

Relation of Internet and World Wide Web with other components of Information System:

• The Internet and World Wide Web made an extreme impact on information systems which plays major role in organizations.
• Organizations uses Internet and World Wide Web improve their connectivity and collaboration within and outside the organization...

Explanation of Solution

Complementary Assets:

• Complementary assets are used to improve the profit from new innovations and important for organization wishing to commercialize.
• Complementary assets consider on both upstream and downstream of assets necessary to successfully.

Relationship between complementary assets and Infor...

Explanation of Solution

Listing of complementary social, managerial and organizational assets:

Social assets:

• The Internet and World Wide Web and other components of information technology provides the infrastructure for an organization.
• Computer literacy is increased with educational programs to raise employees based information technology.
• Both Government and private sector provides standards to information technology.

Managerial assets:

• Technology investment and change leads to support in strong senior management...