Essentials of MIS (12th Edition)
Essentials of MIS (12th Edition)
12th Edition
ISBN: 9780134238241
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
bartleby

Concept explainers

Question
Book Icon
Chapter 2, Problem 1RQ
Program Plan Intro

Information Systems:

  • An information system is a system which provides the necessary information to an organization to achieve the goals.
  • It monitors the transactions details, provides the required information to decision makers, and provides necessary documents to the customers.
  • The main components in the information system are people, data, procedures, hardware, and software.
  • The main function of information system is accept and process the input data, and then stores the retrieved information and distributes it across the organization.

Expert Solution
Check Mark

Explanation of Solution

Definition of business and its functions:

  • Business is a method or organization in which products and services are produced for profit or benefit.
  • Business includes major functions like Finance, Accounting, Human Resources, Manufacturing, Production and Sales and Marketing.

Explanation of Solution

Business process and its role in organization:

  • The business process is the process of identifying and fulfills the requirement of the customer of the organization.
    • Business process begins with the customers need and ends with its fulfillment.
    • The activities need to complete the fulfillment are a chain task that are Engineering, Manufacturing, Marketing, Sales, Customer service within the organizations information flow.
  • Role of business in organization
    • In manufacturing and production, quality, design, price and many such related to the product are checked.
    • In finance and accounting, statements of finance, accounts, credits and debits related to management are checked.
    • Human resources are used for employment and its development.
    • In sales and marketing, customer requirements, sales of the product and many others are involved.

Explanation of Solution

Different levels in business firm:

  • Business firm includes three different levels depending on the work.
    • In operational management, business activities are monitored every day. The data includes the number of hours worked by an employee on a particular day.
    • In middle management, the work done in assigned by senior management. They depend on the functional area and department of the firm.
    • Senior management includes financial status of the firm and strategic decisions related to products and services.

Explanation of Solution

Importance of environment in business:

  • It should have the knowledge of new technology and its effect on environment.
  • A firm checks the changes in the environment which helps in maintain the business.
  • It should always respond to political factors.
  • It depends on environment in terms of capital, labor, products, services, customer, seller, technology, stability, legal systems, education, resources and many others.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
23:12 Chegg content://org.teleg + 5G 5G 80% New question A feed of 60 mol% methanol in water at 1 atm is to be separated by dislation into a liquid distilate containing 98 mol% methanol and a bottom containing 96 mol% water. Enthalpy and equilibrium data for the mixture at 1 atm are given in Table Q2 below. Ask an expert (a) Devise a procedure, using the enthalpy-concentration diagram, to determine the minimum number of equilibrium trays for the condition of total reflux and the required separation. Show individual equilibrium trays using the the lines. Comment on why the value is Independent of the food condition. Recent My stuff Mol% MeOH, Saturated vapour Table Q2 Methanol-water vapour liquid equilibrium and enthalpy data for 1 atm Enthalpy above C˚C Equilibrium dala Mol% MeOH in Saturated liquid TC kJ mol T. "Chk kot) Liquid T, "C 0.0 100.0 48.195 100.0 7.536 0.0 0.0 100.0 5.0 90.9 47,730 928 7,141 2.0 13.4 96.4 Perks 10.0 97.7 47,311 87.7 8,862 4.0 23.0 93.5 16.0 96.2 46,892 84.4…
You are working with a database table that contains customer data. The table includes columns about customer location such as city, state, and country. You want to retrieve the first 3 letters of each country name. You decide to use the SUBSTR function to retrieve the first 3 letters of each country name, and use the AS command to store the result in a new column called new_country.  You write the SQL query below. Add a statement to your SQL query that will retrieve the first 3 letters of each country name and store the result in a new column as new_country.
We are considering the RSA encryption scheme. The involved numbers are small, so the communication is insecure.  Alice's public key (n,public_key) is (247,7). A code breaker manages to factories  247 = 13 x 19  Determine Alice's secret key. To solve the problem, you need not use the extended Euclid algorithm, but you may assume that her private key is one of the following numbers 31,35,55,59,77,89.
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
MIS
Computer Science
ISBN:9781337681919
Author:BIDGOLI
Publisher:Cengage
Text book image
Enhanced Discovering Computers 2017 (Shelly Cashm...
Computer Science
ISBN:9781305657458
Author:Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Mark Frydenberg, Jennifer T. Campbell
Publisher:Cengage Learning