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Porter’s Value Chain Analysis

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What is a Value Chain Analysis? The value chain also known as Porter’s Value Chain Analysis is a business management concept that was developed by  Michael Porter . In his book  Competitive Advantage  (1985),  Michael Porter  explains Value Chain Analysis; that a value chain is a collection of activities that are performed by a company to create value for its customers.   Value Creation  creates added value which leads to competitive advantage. Ultimately, added value also creates a higher profitability for an organization. Porter’s Value Chain Analysis The strength of the Porter’s Value Chain Analysis is its approach. The Porter’s Value Chain Analysis focuses on the systems and activities with customers as the central principle rather than on departments and accounting expense categories. This system links systems and activities to each other and demonstrates what effect this has on costs and profit. Consequently, it (Value Chain Analysis) ma...
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WHAT ETHICAL, SOCIAL, AND POLITICAL ISSUES ARE RAISED BY INFORMATION SYSTEMS?

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Information technology is introducing changes for which laws and rules of acceptable conduct have not yet been developed. Increasing computing power, storage, and networking capabilities--including the Internet--expand the reach individual and organizational actions and magnify their impacts. The ease and anonymity with which information is now communicated, copied, and manipulated in online environments pose new challenges to the protection of privacy and intellectual property. The main ethical, social, and political issue raised by information systems center around information rights and obligations, property rights and obligations, accountability and control, system quality, and quality of life. 1.Ethical issues:  Intellectual property rights, electronic monitoring of employees and data utilization; 2.Cultural issues:  Assimilation of emerging technologies, developing trust, power asymmetry, policy implementation, and social environments; 3.Human interaction i...
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MIS and The Three Fundamental Roles of Information Systems in Business

, or  MIS , broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization. Management information system Definition:  A Management Information System is a set of combined procedures that gathers and produces reliable, relevant, and properly organized data that supports the decision making process of an organization. To sum up, it is a group of processes through which data is obtained, sorted, and displayed in a useful way for decision-making purposes. The organization and coordination of the activities of a business in order to achieve defined objectives. ...  Management  consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives process form of data is called information. A  system  is a collection of elements or components tha...
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