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Using this definition, it becomes easy to see that virtually everything you can think of is a system, and one system can be made up of other systems or be part of a bigger system. We will expand on this concept later in the next section, but for now, this definition gives us a good foundation for understanding the focus of this textbook: information systems. What Is an Information System? We begin with a simple definition that we can expand upon later in the chapter. An information system (IS) can be any organized combination of people, hardware, software, communications networks, data resources, and policies and procedures that stores, retrieves, transforms, and disseminates information in an organization.
In addition, trends in information systems and an overview of the managerial challenges associated with information systems are presented. Chapter 2: Competing with Information Technology introduces fundamental concepts of competitive advantage through information technology and illustrates major strategic applications of information systems. Completing these chapters will prepare you to move on to study chapters on information technologies (Module II), business applications (Module III), systems development processes (Module IV), and the management challenges of information systems (Module V).
What do you need to know about the use and management of information technologies in business? The introductory chapters of Module I are designed to answer these fundamental questions about the role of information systems in business. • Chapter 1: Foundations of Information Systems in Business presents an • overview of the five basic areas of information systems knowledge needed by business professionals, including the conceptual system components and major types of information systems. In addition, trends in information systems and an overview of the managerial challenges associated with information systems are presented.