5th ass./MIS1/10-11M/MCP

What have you learned in MIS1?

Ive learned that in handling a business, if we implement certain strategies we should involve
information systems. In an organization, businesspeople uses strategies that hav'nt tried before
for them to be able to outperform its competitors to gain competitive advantage.
Using computer system also help an organization make their work faster and easier.

4th ass./MIS1/10-11M

Define the ff.

1. Effectiveness

-degree in which objectives are achieved and the extent to which target problems are resolved.

2. Effeciency

-a general term capturing the amount of waste or other undesirable features.

3. Productivity

-is a measure of output from a production process, per unit of input.

3rd ass./MIS1/10-11M

1. Explain why strategies and strategic moves are important in a business.
-Strategies and strategic moves are important in a business because it helps many businessman to achieve their common goals and to improve their ways in solving their problems in business.

2. Illustrate how information systems can give businessman a competetive advantage.
-Implementing information system in a corporation result to competetive advantage because it gives a better information. By using information system to implement certain strategies, such as maximizing sales and lowering cost.

3. Identify the basic initiatives for gaining a competetive advantage.
-reduce cost
-raise barriers to market entrants
-establish high switching cost
-create new product or services
-differentiate products or services
-enhance product or services
-establish alliances
-lock in suppliers or buyers