Management Information THE QUESTION:

Systems (MIS) How do information systems help businesses use

synergies, core competencies, and
network-based strategies to achieve competitive
advantage?

GROUP MEMBERS
MALIK SAAD
JAVERIA ANJUM
REG ID
215207
215110
QUESTION : 1
Explain how information systems promote
synergies and
core competencies?

• Management Information Systems (MIS) is the

study of people, technology, organizations, and
the relationships among them.
• Information systems help businesses leverage
their core competencies by promoting the
sharing of knowledge across business units.
Information systems facilitate business models
based on large networks of users or subscribers
who take advantage of network economics.

MIS
PRODUCTI
SALES
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QUESTION NO 2:
Describe how promoting synergies and core
competencies enhances competitive advantage?

• Information systems can improve the

overall performance of these
business units by promoting
synergies and core competencies. In
synergies, the output of some units
can be used as inputs to other
units, or two organizations pool
markets and expertise, and these
relationships lower costs and
generate profits.
 Network Economies
• An economic network is a combination of
individuals, groups, or countries interacting to
benefit the community as a whole.
• Transition from industrial economy to
networked economy.
• The primary goal of the group in an economic
network is to strengthen its position in a market.
 Pros
Pros Cons

• Information
 You get interested in systems can improve the
Network meeting can be
new fields overall performance of these
 Polish yourbusiness expensive
expertiseunits by promoting
synergies
 Helps you in You have
term of and core competencies. In to keep your
synergies, the output of some units
profile update
personal development
can be used as inputs to other
May lead to false
 Can provide B2B
units, or two organizations pool
security
opportunities
markets and expertise, and thesetime
 Provides flexibility 
in lower costs andTakes
relationships
work Cyberbullying, frauds
generate profits.
and scams
Virtual Business

 Any business that conducts all or most of its

business via internet
 It may or may not have some kind of physical
presence
 There isn't a physical location that customers can
visit
Benefits of Virtual Company
Strategy

• Enhance group work and its dynamics

• Access to new markets
• Improve employee efficiency
• Improve employee satisfaction
• Larger talent pool
• Boost productivity
Virtual Companies

• Zoom
• Netflix
• Amazon
• Uber
• Apple
THANK YOU
ANY QUESTIONS