Answer #1 material

DECISION SUPPORT SYSTEM:

DECISION SUPPORT SYSTEM, support non-routine decision-making for middle level
managers. DECISION SUPPORT SYSTEM provide sophisticated analytical models and data
analysis tools to support semi structured and unstructured decision-making activities.
D EC IS ION SUPPO RT SYSTEM use data from TP S, MIS, and external sources,
in condens ed form, allowing decision makers to perform “what-if” analysis. DECISION
SUPPORT SYSTEM focus on problems that are unique and rapidly changing; procedures
for arriving at a solution may not be fully predefined. DECISION SUPPORT SYSTEM are
designed so that users can work with them directly; these systems include interactive,
user-friendly software.

FOR EXAMPLE: A bank loan officer verifying the credit of a loan applicant.

EXECUTIVE SUPPORT SYSTEM:

Describe the characteristics of EXECUTIVE SUPPORT SYSTEM and explain how these
systems differ from DECISION SUPPORT SYSTEM. Executive support systems help
senior managers add rexecutive support system strategic issues and long-term trends, both
in the firm and in the external environment. EXECUTIVE SUPPORT SYSTEM
addrexecutive support system non-routine decisions requiring judgment, evaluation, and
insight because there is no agreed-on procedure for arriving at a solution. EXECUTIVE
SUPPORT SYSTEM provide a generalized computing and communications capacity that
can be applied to a changing array of problems. EXECUTIVE SUPPORT SYSTEM are
designed to incorporate data about external events, such as new tax laws or competitors,
but they also draw summarized information from internal MIS and DECISION SUPPORT
SYSTEM. EXECUTIVE SUPPORT SYSTEM are designed for ease-of-use and rely
heavily on graphical presentations of data.

FOR EXAMPLE: Cambridge Systematics has executive support system to support

the investment planning procexecutive support system for the Ministry of
Transportation.

BENEFITS OF DECISION SUPPORT SYSTEM:

Improves efficiency and speed of decision-making activities.
Increases the control, competitiveness and capability of futuristic decision-
making of the organization.
Facilitates interpersonal communication.
Encourages learning or training.
 Since it is mostly used in non-programmed decisions, it reveals new approaches
and sets up new evidences for an unusual decision.
Helps automate managerial processes.

DIFFERENCE BETWEEN EXECUTIVE SUPPORT SYSTEM AND DECISION

SUPPORT SYSTEM:

https://www.slideshare.net/deepsa/difference-between-Decision Support System-executive

support system

ANSWER:2

Solution: Information systems and use of synergies, core competencies, and network-based
strategies to achieve competitive advantage : In the present time, information system not only
helps the companies in enhancing the organizational performance but also creates innovative
opportunities to utilize the available resources effectively. For case, any information system
adopted by the company also offers unique opportunities to the organizations to use core
competencies, network-based strategies and synergies in the accomplishment of organizational
strategic goals, vision, mission and competitive scope effectively. Moreover, the use of
information technology and system also helps the companies to make strategic decisions
effectively. Role of Information Systems in Promoting Synergies and Core Competencies: In the
present time, there are different businexecutive support system associations that working their
businexecutive support system capacities under the diverse businexecutive support system
circumstance. Alongside this, it ought to likewise be noted down that, so as to survive today's
more confused and quickly developing nature, businexecutive support system firms use diverse
sorts of data framework and innovation that assume an advancing part in pushing collaborations
and center capabilities so that hierarchical objectives can be attained in a viable and noteworthy
way. Besides, these organizations additionally portrayed with gathering of key specialties units
and data frameworks assume a noteworthy part in enhancing the general execution of these...

PARTE:2
A virtual company uses networks to link people, assets, and ideas, enabling it to ally with other
companies to create and distribute products and services without being limited by traditional
organizational boundaries or physical locations. One company can use the capabilities of another
company without being physically tied to that company. The virtual company model is useful
when a company finds it cheaper to acquire products, services, or capabilities from an external
vendor or when it needs to move quickly to exploit new market opportunities and lacks the time
and resources to respond on its own.

ANSWER:3

 summarizes the four key technological trends responsible for heightening ethical
concerns.  These trends include:

·         Computing power doubles every 18 months

·         Data storage costs rapidly declining

·         Data analysis advances

·         Networking advances and the Internet

Increasing computer power, storage, and networking capabilities including the Internet can
expand the reach of individual and organizational actions and magnify their impacts.  The
ease and anonymity with which information can be communicated, copied, and manipulated
in online environments are challenging traditional rules of right and wrong behavior.  

PART:2
Responsibility is a key element of ethical actions.  Responsibility means that you accept the
potential costs, duties, and obligations for the decisions you make.

Accountability is a feature of systems and social institutions.  It means that mechanisms are
in place to determine who took responsible, action, who is responsible.
 Liability is a feature of political systems in which a body of laws is in place that permits
individuals to recover the damages done to them by other actors, systems, or organizations.

https://paginas.fe.up.pt/~acbrito/laudon/ch5/chpt5-2main.htm

ANSWER:4
1.List and describe eight unique features of e-commerce.1.Ubiquityinternet/web tech is available
everywhere. Market place can be created so shopping can happenanywhere2.Global reachtech
reaches across national boundaries which makes marketspace potentially billions3.Universal
Standardsthere is one set of tech standards, namely internet standards4.Richnexecutive support
systemVideo, audio, and tech mexecutive support systemages are possible5.Interactivitythe tech
works through interaction with the user6.Information densitythe tech reduces information costs,
and raises quality7.Personalization/Customizationthe tech that allows personalized marketing
mexecutive support systemages to be deliver to individuals as well as groups8.Social
TechnologyUser content generation and social networks, enable user content creation and
distribution

PART:b

https://www.chegg.com/homework-help/principal-e-commerce-businexecutive support system-

revenue-models-name-describe-p-chapter-10-problem-2rq-solution-9780133840520-exc
Ubiquity:
internet/web tech is available everywhere. Market place can be created so shopping
can happen anywhere

Global reach:

tech reaches across national boundaries which makes marketspace potentially billions

Universal Standards:

there is one set of tech standards, namely internet standards

Richness:

Video, audio, and tech messages are possible

Interactivity:

the tech works through interaction with the user

Information density:

the tech reduces information costs, and raises quality

Personalization/Customization:

the tech that allows personalized marketing messages to be deliver to individuals as

well as groups

Social Technology:

User content generation and social networks, enable user content creation and
distribution
1. E-tailer: Sells physical products directly to consumers or individual businesses.
2. Transaction broker: Saves users money and time by processing online
saletransactions and generates a fee each time.
3. Market creator: Provides a digital environment where buyers and sellers meet,
search for and display products, and establishes prices for those products; it
canprovide online auctions and reverse auctions.
4. Content provider: Creates revenue by providing digital content, such as
digitalnews, music, photos, or video over the Web.
5. Community provider: Provides an online meeting place where people
withsimilar interests can communicate and find useful information.
6. Portal: Provides an initial point of entry to the Web along with
specializedcontent and other services.
7. Service provider: Provides Web 2.0 applications such as photo sharing,
videosharing, and user-generated content as services. Provides other services
suchas online data storage and backup.
Six revenue models
1. Advertising revenue: Generates revenue by attracting a large audience ofvisitors
who can then be exposed to advertisements. It’s the most widely usedrevenue
model in e-commerce.
2. Sales revenue: Companies derive revenue by selling goods, information,
orservices to customers.
3. Subscription revenue: A Web site offering content or services charges
asubscription fee for access to some or all of its offerings on an ongoing basis.
4. Free revenue: Basic services or content are free while advanced or
specialfeatures cost extra.
5. Transaction fee revenue: A company receives a fee for enabling or executing
atransaction.
6. Affiliate revenue: Sites that steer customers to an affiliate business receive
areferral fee or percentage of the revenue from any resulting sales