Identify the components of an information system (IS) using the five-component framework, and pro

In this final assignment, you will develop a paper that reviews some of the main topics covered in the course. Compose an essay to address the elements listed below.

§ Identify the components of an information system (IS) using the five-component framework, and provide a brief summary of each.

§ Explain Porter’s five forces model.

§ Management IS (MIS) incorporate software and hardware technologies to provide useful information for decision-making. Explain each of the following IS, and use at least one example in each to support your discussion:

o a collaboration information system,

o a database management system,

o a content management system,

o a knowledge management/expert system,

o a customer relationship management system,

o an enterprise resource planning system,

o a social media IS,

o a business intelligence/decision support system, and

o an enterprise IS.

§ Identify and discuss one technical and one human safeguard to protect against IS security threats.

§ There are several processes that can be used to develop IS and applications such as systems development life cycle (SDLC) and scrum (agile development). Provide a brief description of SDLC and scrum, and then discuss at least one similarity and one difference between SDLC and scrum

§ Sum up your paper by discussing the importance of MIS.

Your paper must be at least three pages in length (not counting the title and reference pages), and you must use at least two resources. Be sure to cite all sources used in APA format, and format your essay in APA style

The components of an Information system are Hardware: These are the physical components of the system, and they include the monitor, the keyboard, the mouse etc. Software: These are applications that give commands to the hardware components Data: Facts and figures that are yet to be verified; therefore, they have no meaning to the users. Procedures: These are a set of instructions that help the people involved to operate the different computer elements properly. People: The people are the human factors of Information Technology. They are the users or the manipulators of what comes from the Information Technology model.

Porter's Five Forces Model is parameters that influence competition in the industry. They define the competition of a specific industry, and they are the difference between whether a company is competitive or not (Chapellow, 2020). They include the Competitiveness of the sector: In the same industry, some companies provide similar products or offer the same services hence the competition. New entrants: There is always that chance that new companies will enter the industry and provide competition by providing even slightly better products than what the company is offering.

Power of the suppliers: Suppliers are compelling if they can be able to determine the price at which they will sell their products (Chapellow, 2020). Power of Customers: If the customers are not served properly, it will be quite easy for them to move into the next competitor. Substitute products: A company should be careful not to come up with products where it is straightforward to substitute(Chapellow, 2020). Unique products which solve the specific needs of the customers should be explored as a business strategy of the company because unique products have a better opportunity of earning the company significant revenues.

A collaboration system is an information technology-based system which avails tools to team members who are working together to achieve a specific task. For instance, the Instant messaging collaborative information system that provides users with the power to communicate appropriately during the project execution phase.

The database management system is software located in the computer system, which is used in the creation, updating and storing databases. The goal of database management software is to ensure that the data contained therein is accurate for all the users, and it can be updated consistently by the project management team. An example of this system is the Relational Database Management System which also provides a linkage with other databases located in different places.

Content Management System: This is a system that is liked by the creative as it enables the creation, organization, sharing and the publishing of the digital content for more natural consumption of the members of the public. An excellent example of this system is the WordPress.com which has a website interface and an application that can easily be downloaded from the Google Play store.

A knowledge-based management system, also known as the expert system is an artificial computer intelligence that mimics the human judgment criteria to deliver accurate decisions. An example is PXDES which is used in the health-care industry to predict the extent of the lung cancer disease in the patients.

A customer relations management system provides organization members with a platform where it would very easy to manage the customer’s data and link up with and use the feedback gained from the customer's social media activities. A good example is a cloud-based Customer Management System.

Enterprise Resource Planning provides managers with a platform where the total management of the business processes can be carried out. The system makes use of a database which is located in a single locality, and the databases streamline the operations between the different departments of a firm such that the company may not even need to hire a lot of staff members to work for the team. A good example is a product life-cycle management system.

Enterprise information systems make use of integration to make the business even perform better. A supply chain management system is an excellent example of an enterprise system. A decision support system is a program that helps in the gathering of information, organizing of the data, arranging it into a format that can assist the users in making well-informed decisions regarding the business of the firm. An example of a decision-based system is the one used in the financial institutions to appraise the customer's data and hence provide information on whether a satisfied customer will be given a commercial facility or not.

A social media information system does well in providing many different users with an opportunity to share pertinent information that is critical for the success of their projects. An example is a system offered by social media platforms, e.g. Facebook.

One technical area to protect against threats is the introduction of the anti-virus software, and one human area is proper screening so that unauthorized people do not come into contact with the information technology infrastructure.

The System Development Life Cycle of a Project contains the following phases: planning phase, requirements, and the design of the organization, actual development, testing of the project and maintenance. (Ganesh, 2020). SCRUM is mostly used in project management as an iterative process which can be consistently be repeated until the goals of the organization are achieved. A similarity between SCRUM and SLDC is that both of them are used by project managers to promote efficient and agile working processes (Ganesh, 2020). The differences between these two are that in the SCRUM, the projects are first evaluated before they pass through the system. Still, in System Life Cycle Development, the plan goes through all the phases in the system with the end goal of getting favourable outcomes out of the project.

References

Chapellow, J. (2020). Porter's 5 Forces Definition. Retrieved 17 March 2020, from https://www.investopedia.com/terms/p/porter.asp

Ganesh, K. (2020). Scrum vs Traditional SDLC Waterfall. Retrieved 17 March 2020, from https://www.clariontech.com/blog/scrum-vs-traditional-sdlc-waterfall