ans. # 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 told for effectively plotting the direction of a company.

2. Illustrate how information system can give business a competitive advantage?

* 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 accounts payable and accouts reserable.

3. Identify the basic initiatives for gaining a competitive advantages

* various business analysis techniques can be used in strategic planning, including swot analysis
( strength, economic, social, and technological analysis or steer analysis) (social-culture,
technological, economical, ecological and regulatory fartors) and espistel ( environment,
political, informatics social technology, economic and legal?

Create new Product or Service


Introducing

new product and services are the lifeblood of all businesses. investing in their development is crucial to
business growth and profitability.

But embarking on the development process is risky. It needs considerable planning and organization.
This guide will outline the key stages in the life cycle of production and services so you know when the

times is right for you business to start the development process will explain how a planned and phased development process will help you make the wisest investment and budgeting decisions. It will also advise you on how best to create a development team and manage a project.


Subject converted in this guide


* Introduction
*The life cycle of production and services
*Developing your ideas
*matching products and services to market needs
*Pricing your proposed service or product
*Crating project development process
*Creating a project team
*Investment and cost control
*Manageable a development project
*Her's how i got my great new product in front of customers
*here's how developing a new product benefited my business

assignment #2

1. Define close vs. open system
-open system, a system that is capable of self maintenance on the basis throught out of resources from the environtment.

2. What is information system?
-is usually a commerce & business administration dicipline & Frequently involves software dev't.

3. What is information map?
-it is derive from an analysis of the foxcitions, activities & transactions to achives its goal & strategies such as teaching Research Governance or Finace

4. Infomation technology
-The study, design, developments, implementation, support, management of computer system. Particularly software application & computer hardware.

5. Components of information system.
*Hardware & software
*Data/ Information
*Procedures/ Policies
*People
*Purpose
*Communication

6. Example of Information System
* Transaction Processing System
*Management Infomation System
*Decision Support System
*Office Automation
*Business Intellegence