Thursday, March 17, 2011

Chapter 2: E-Business and E-Commerce

Today we will seat for MIS Test 1. Dr said "alaa simple,kacang je" haha!well..we see.
But, before we start our test there is one presentation for Chapter 2. They start with:



Source: google.com/images


The statistic shows population at Asia is at the second ranking highest in the world internet usage after Africa. I can conclude this as Malaysia population also contribute to the highest internet usage. Me either, used the internet as for doing my transaction in online banking, paying a bills, buying a cloths online and etc. Now we continue with the introduction of E-Business..

What is E-Business?
  • The E-Business term was first introduced by IBM in 1997 as the transformation of key business processes through the use of Internet technologies.
  • Businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business.
  • An e-business is able to reach a much wider consumer base.
  • Also be conducted via:
  1. Private networks, such as value-added networks (VANs, networks that add communication services to existing common carriers)
  2. Local area networks (LANs)
  3. Wide area networks (WANs)
What is E-Commerce?
  • Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.”
  • Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.”
Transaction Types

Business-to-business (B2B):On the Internet, B2B (business-to-business), also known as e-biz, is the exchange of products, services, or information between businesses rather than between businesses and consumers.

Example:
  1. Company Web sites
  2. Sometimes a company Web site serves as the entrance to an exclusive extranet available only to customers or registered site users. Some company Web sites sell directly from the site, effectively e-tailing to other businesses.
Business-to-consumers (B2C):
  • Business-to-consumer e-commerce, or commerce between companies and consumers , involves customers gathering information; purchasing physical goods (i.e., tangibles such as books or consumer products) or information goods (or goods of electronic material or digitized content, such as software, or e-books); and, for information goods, receiving products over an electronic network
  • Business-to-consumer e-commerce, or commerce between companies and consumers , involves customers gathering information; purchasing physical goods (i.e., tangibles such as books or consumer products) or information goods (or goods of electronic material or digitized content, such as software, or e-books); and, for information goods, receiving products over an electronic network
Government-to-citizens (G2C):

It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations. This kind of e-commerce has two features: first, the public sector assumes a pilot/leading role in establishing e-commerce; and second, it is assumed that the public sector has the greatest need for making its procurement system more effective.

Source: google.com/images


This chapter presented by our ladies...Kak Saf and Kak Maria

Kak Maria, Dr Zaidi and Kak Saf


Wednesday, March 16, 2011

Chapter 1: Information Technologies, Concept and Mgt

What I had learned about this chapter? well..

Definition: Any organized combination of people, hardware, software, communication networks, and data resources that collects, transform and disseminates information in an organization.

Importance:
  • Businesses to be efficient in the global information and knowledge based society
  • Achieve successful organization
  • Highlight the importance of disseminating the information through out the organization efficiently

Transaction Processing System (TPS)

TPS is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise. Data collected from this operation supports the MIS and DSS systems employed by Middle Management. Example of transactions include making a purchase at a store, withdrawing money from a checking account, making a payment to creditor, online booking for flight ticket (Air Asia)




Decision Support System (DSS)

DSS are specifically designed to help management make decisions in situations where there is uncertainty about the possible outcomes of those decisions by using a combination of raw data, documents, personal knowledge or business models

DSS comprise tools and techniques to help gather relevant information and analyze the options and alternatives. Typical information that a decision support application might gather and present are:
  • Inventories of information assets (including legacy and relational data sources, cubes, data warehouses and data marts
  • Comparative sales figures between one period and the next projected revenue figures based on product sales assumptions

Managing Information Systems

Information Systems (IS) have enormous strategic value. When they are not working (even for a short time), an organization cannot function. Furthermore, the Life Cycle Costs (acquisition, operation, security and maintenance) of these systems are considerable. Therefore, it is essential to manage them properly. The planning, organizing, implementing, operating and controlling of the infrastructures and the organization`s portfolio of applications must be done with great skill.


MANAGEMENT ISSUE

How much infrastructure? Justifying IS application is not an easy job due to the intangible benefits and the rapid changes in technologies that often make systems obsolete. Justifying infrastructure is even more difficult since many users and applications share the infrastructure that will be used for several years in the future. This makes it almost impossible to quantify the benefits. Basic architecture is a necessity, but there are some options.


This chapter is presented by:

Nisa, Dr Zaidi, Linda and Ainaa


MIS class members

They are awesome!

MIS class for MBA 2A,UiTM Shah Alam