Solution Manual for Introduction to Information Systems: People, Technology and Processes, 3rd Edition

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Wallace, Introduction to Information Systems, 3rdeditionInstructor’s ManualChapter 1, Information Systems and People1Chapter 1Information Systemsand PeopleLearning Objectives1.Describe the main roles that information systems play in organizations.2.Compare the termsdata,information, andknowledge,and describe threecharacteristics that make information valuable.3.Describe the four main components of an information system and the role thateach plays.4.Identify several research areas that are studied in the discipline of managementinformation systems (MIS).5.Provide examples of how business, nonprofit, and government managers,as wellasinformation technology departments, depend on information systemsknowledge.6.Explain how information systems present both promises and perils, and poseethical questions.Solutions to Chapter Review Questions1-1.What are the sixprimaryrolesofinformation systems inorganizations? Howare information systems used in each context?Information systems play critical roles in (1)managingoperations, (2)supportingcustomer interactions, (3) makingdecisions, (4) collaborating on teams,(5)gaining competitiveadvantage, and (6)improvingindividual productivity.In operations management, information systems are used to manage assets andinventories; track employee payroll, taxes, benefits,and timesheets; processtransactions; track accounts payable and accounts receivable; procure goods andservices;and pay suppliers.Information systems that support customerinteractions include customer relationship management systems, web-based frontoffices, online self-service applications, modern point-of-sale systems and self-service checkouts.Information systems support data-driven decision making byusing both internal organizational data and external data from partners, suppliersand public sources.Smart managers use aggregated data to identify trends andpatterns rather than rely on gut instincts.

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