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(C1) Business Driven Technology

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What will you learn at the end of the chapter? Compare Management Information Systems (MIS) & Information Technology (IT) Relationship among people, information technology and information Identify 4 different department in a typical business and explain how technology helps them work together Compare 4 types of organizational information cultures What are the business functions (departments) that receive the greatest benefits from information technology Business Driven Technology * IT department is responsible for performing the MIS = Accounting Department is reponsible for performing the accounts payable and accounts receivable functions INFORMATION TECHNOLOGY BASIS Data - raw facts describing the charcteristic of an event, e.g. name, phone number, id number Information - data converted into a meaningful (HELPS IN DESICION MAKING) and useful context, data mining; digging out the information Business intelligence - applications and technologies that are us