Information System

An information system can be any organized combination of people, hardware, software, communications network, data resources, and policies and procedures that store, retrieves, transfer, and disseminate information in an organization.

Information system
Input- captures or collects raw data from within the organization or from its external environment

Processing - converts this raw input into a meaningful form

Output - transfers the processed information in to the people who will use it or toy he activities as for which it will be used

Feedback - which is output that is returned to appropriate members of the organization to help them evaluation or correct the input stage.

An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization.

Important
1) Globalization challenges and opportunities.
2) The emerging digital firm.
3) Strategic business objectives of information system.
A) operation excellent.
B) new products, services, and business models.
C) customers and supplier intimacy.
D) improved decision making.
E) survival.