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-low cost leadership
-product different
-focus on model technology

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-When output of some units can be used as input to other units
-when two firm can plot markets and expertise (eg recent bank mergers)
-lower costs and grnerate profits
-enabled by information system that ties together disparate units so they act as whole

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technologies with disruptive impact on industries and businesses,rendering existing products,services and business models onsolete
-personal computers
-world wide web

-First movers versus fast followers
First movers of disruption technology may fail to see potential, allowing second movers to reap rewards (fast follower)

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-Any information systems that encourage the sharing of knowledge across business unit enhance competency
-activities for which firm is world-class leader
-relies on knowledge gained over years of experience as well as knowledge research

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-Primary activities
-suppler activities
-benchmarking
-best practice

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~enables new products and services
~encourages substitute products
~lowers barrier to entry
~change balance of power of customer and suppliers
~transforms some industries
~smart products and the internet of things
~create new opportunities for creating new markets, building brands, and large customer bases

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Benchmarking involves comparing the efficiency and effectiveness of your business processes against strict standards and then measuring performance against those standards. Industry best practices are usually identified by consulting companies, research organizations, government agencies, and industry associations as the most successful solutions or problem-solving methods for consistently and effectively achieving a business objective.

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For those I assigned, please come out with input discussion in class

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For those I assigned, please come out with input discussion in class

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For those I assigned, please come out with input discussion in class

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Information systems (IS) and information technology (IT) are often considered synonymous. In reality, information technology is a subset of information systems. The perception that these terms can be used interchangeably can cause confusion for individuals interested in pursuing a technology-related career. Although both these fields deal with computers, they have distinct characteristics and specific career paths that require different education and training.

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Create a website/apps that allow customer to customize their car order, performances and others so on.

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List all business processes that used IS which you see in MMU? e.g : Students Enrollment

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How use IS to achieve?

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Define, give examples.