assignment 4

ectiveness- Degree in which objectives are achieved and the extent to which target problems are resolved.

· Efficiency- A general term capturing the amount of waste or other undesirable features. How efficient is the trading going on the financial market.

· Pro ducting- Is a measure of output from a production process per unit of input.

Ex. Labor productivity is typically measure as a ration of output per labor hour an input,

assignment 3

1. Explain why strategy or strategic moves are important in business?
-Strategic Planning is an organizations process of defining its strategy, or direction and making decision in allocating its resources to pursue this strategy, including its capital and people.
It is also true that strategic planning may be a tool for effectively plotting the direction of a company.

2. Illustrate how information system can give business a competitive advantages?
-Information system provides Internal control in business and other organization
Business computer were used for the practical business of computing the payroll and keeping track of account payable and account receivable.

3. Identify the basic initiative for gaining a competitive advantages?
-Various business analysis techniques can be used in strategic planning, including SWOT ANALYSIS (strength, weaknesses, opportunities and threats) and REST ANALYSIS (political, economical social and technology analysis) or STEER ANALYSIS (socio-cultural, technological, economic,ecological and regulatory factors) and Epistle ( environment, political, informatics, social, technology, economic and legal

assignment 2

1. Define close versus open system?

- Close system is system in the state of being isolated from its surrounding environment. The tern often refers to an idealized system in which environment. the term often to an idealized system in which closure , them are only varying degrees of closure.

2. What is Information System?

- It refers to the interaction between people,process,and technology. This interaction can occur with in or across organizational boundaries.

3. What is Information Map?

- It is a research based approach for creating structured documents and communication that are clear, concise and use focused. this is done by analyzing organizing and presenting information based on the audience need and the purpose of the information.

4. What is Information Technology?

- It is the study, design, development, implementation, support or management of computer based information system particularly software application process, transmit and security.

5. Give five different example of information system?

1. IT i.e, hardware and software
2. Data/Information
3. Procedures
4. People
5. purpose

assignment 1

1.Explain, why information system essential to business?
- information system are the foundation for conducting business today. in many industries, survival and even existence without extensive use use of its conceivable, and it plays a critical role in increasing productivity.

2. Define Data versus information?
- Data are plain facts. The word Data is Plural for Datus. when data are proceed, organized,structured or presented in a given context so as to make them useful, they are called information.

3. What is System?
- Is a set of interacting or interdependent entities forming whole.