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The Information Age in Which You Live: Changing the Face of Business


LO 01-01Define management information systems (MIS) and describe the three important organizational resources within it—people, information, and information technology.
LO 01-02Describe how to use break-even analysis to assess the financial impact of information technology.
LO 01-03Describe how to use Porter's Five Forces Model to evaluate the relative attractiveness of and competitive pressures in an industry.
LO 01-04Compare and contrast Porter's three generic strategies and the run-grow-transform framework as approaches to the development of business strategy.










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