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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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Six Major Types of Information Systems

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Six Major Types of Information Systems A typical organization has six of information systems with each supporting a specific organizational level. These systems include transaction processing systems (TPS) at the operational level, office automation systems (OAS) and knowledge work systems (KWS) at the knowledge level, management information systems (MIS) and   decision support Systems   (DSS) at the management level, and the executive support systems (ESS)at the strategic level. Transaction Processing Systems Every firm needs to process transactions in order to perform their daily business operations. A transaction refers to any event or activity that affects the organization. Depending on the organization’s business, transactions may differ from one organization to another. In a manufacturing unit, for example, transactions include order entry, receipt of goods, shipping, etc., while in a bank, transactions include deposits and withdrawals, cashing of chequ...
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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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