Information Systems

There are many ways in which Information Systems have revolutionized business in the 21st century. Most of these transformations center around two major paradigms: increase in technological power and the globalization of the marketplace. Essentially, Information Systems revolve around Information Technology -- a broad-based term that runs the gamut of acquiring, processing, storing and then disseminating information (Dunn, 2011). For many years, managers had access to data - sometimes in limited ways, other times a great deal of data, but no real way to effectively analyze it. Data are facts, information is data shaped into meaningful forms so that it can be used to help with decision-making.

In general, Information Systems are transforming modern business in three major ways: 1) The use of the Internet and global communications has allowed organizations to have global customers and employees instead of worrying about geographic locations. This leads to the potential...
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