ITM Module 1
ITM Module 1
What is MIS?
MIS is an organized integration of hardware and software technologies, data, processes, and
human elements. It is a software system that focuses on the management of information
technology to provide efficient and effective strategic decision making.
What is MIS? MIS is the acronym for Management Information Systems. MIS is a set of
procedures which, when executed, provides information to support decision making.
In an organization
Manual procedures
A database
MIS Definition:
MIS Meaning
MIS Meaning: A management information system is an acronym of three words, viz.,
Management, information, system. In order to fully understand the term MIS, let us try to
understand these three words.
1.Management: Management is the art of getting things done through and with the
people in formally organised groups.
Query Systems, Analysis Systems, Modeling Systems and Decision Support Systems,
MIS helps in Strategic Planning, Management Control, Operational Control and
Transaction Processing.
MIS helps the clerical personnel in the transaction processing and answers their queries
on the data pertaining to the transaction, the status of a particular record and references
on a variety of documents. MIS helps the junior management personnel by providing the
operational data for planning, scheduling and control, and helps them further in decision
making at the operations level to correct an out of control situation.
MIS helps the middle management in short them planning, target setting and controlling
the business functions. It is supported by the use of the management tools of planning and
control. MIS helps the top management in goal setting, strategic planning and evolving
the business plans and their implementation. MIS plays the role of information
generation, communication, problem identification and helps in the process of decision
making. MIS, therefore, plays a vital role in the management, administration and
operations of an organization.
Impact of Management Information Systems in an Organization
Since the MIS plays a very important role in the organization, it creates an impact on the
organization’s functions, performance and productivity. With good support, the
management of marketing, finance, production and personnel become more efficient. The
tracking and monitoring of the functional targets becomes easy. The functional, managers
are informed about the progress, achievements and shortfalls in the probable trends in the
various aspects of business. This helps in forecasting and long term perspective planning.
The manager’s attention is brought to a situation which is exceptional in nature, inducing
him to take an action or a decision in the matter. A disciplined information reporting
system creates a structured data and a knowledge base for all the people in the
organization. The information is available in such a form that it can be used straight away
or by blending analysis, saving the manager’s valuable time.
MIS creates another impact in the organization which relates to the understanding of the
business itself. MIS begins with the definition of a data entity and its attributes. It uses a
dictionary of data, entity and attributes, respectively, designed for information generation
in the organization. Since all the information system use the dictionary, there is common
understanding of terms and terminology in the organization bringing clarity in the
communication and a similar understanding throughout the organization. MIS calls for a
systematization of the business operation for an effective system design.
A well designed system with focus on the manger makes an impact on the managerial
efficiency. The fund of information motivates an enlightened manger to use a variety of
tools of management. It helps him to resort to such exercises as experimentation and
modeling. The use of computers enables him to use the tools techniques which are
impossible to use manually.
Since the MIS works on the basic systems such as transaction processing and databases,
the drudgery of the clerical work is transferred to the computerized system, relieving the
human mind for better work. It is observed that a lot of manpower is engaged in this
activity in the organization. The study of the individual’s time utilization and its
application has revealed that seventy percent of the time is spent in recording, searching,
processing and communication. This is a large overhead in the organization. MIS has a
direct impact on this overhead. It creates an information based work culture in the
organization.
Components of MIS
Components of Management Information System (MIS)
The MIS has various components, which are as follows:
1. Executives
Executives are the people who utilize MIS. These people are computer professionals who operate
MIS for data processing to achieve organizational goals like planning and decision-making.
2. Hardware
The hardware components of MIS include various input and output devices that helps in feeding
data as well as displaying the information when required. The input devices include the
keyboard, scanners and mouse. The output devices may be the monitor, printer, network devices,
and so on.
3. Software
Computer programs which are designed to do a specific task for example, MS Office, Banking
Software’s, Railway’s applications etc, different kinds of software available to process the
data/information in an organization such as ERP (enterprise resource planning) and CRM
(customer relationship management).
4. Organizational Procedures
Procedures are sets of rules or guidelines that an organization establishes for the use of a
computer-based information system. The procedures may vary from one organization to another.
It may also vary from one department to another as per the requirement. For example, the
working of production department is different from the working of sales department. The
production department requires information regarding the raw material or quantity of goods to be
produced. So, the production department sets its procedures in such a way that the MIS system
helps in retrieving the information required by the department. In the similar way, the sales
department requires information regarding the quantity of goods sold and the other expenses that
occurred during the sales of the product. Therefore, the sales department sets the procedures in
such a way that they get only that information which is required from the MIS.
Functions of MIS
The main goal to set up an MIS in a company is to utilize the information by its managers for
managerial purpose for decision making. MIS performs following functions to achieve
organizational goal:
2. Data Processing:
Processing data includes converting the storage data into the required information to take
beneficial actions. Data processing includes mathematical and logical operations like,
calculations, sorting, classifying and summarizing the data. The data processing signifies
processing activities as:
Organize data
Analysis on data
Apply statistical, mathematical, operations
To create predictive modeling
Research and forecasting
It is a measurement tool that determines whether the business is able to perform its functions
effectively and is it able to meet its objectives.
It wants to be consistent in its efforts to reach goal alignment. The information after the
comparisons helps the management in making important managerial decisions.
An organization adopts the management control system to keep a vigilant eye on its performance
levels. The system helps to communicate the objectives and goals of a business entity to the
managers and ensuring that everyone works towards attaining them as quickly and effectively as
possible.
The organizations that have adopted a management control system use it for both nonfinancial
and financial measures as both of them leave a direct impact on the business which needs to be
monitored.
Here one of the internal factors can include human resources and the external factor can be
industry development, for instance, new regulations for a product.
There are several factors that have a direct influence on the designing of a management control
system. These are –
A small firm is very different from a larger one in terms of size and spread. The content and
nature for a management control system hence will also be different to suit individual purposes.
You cannot have one MCS for different types of responsibility centers as identifying, measuring,
and comparing individual centers is not possible; hence, you need its implementation
accordingly.
The extent of decentralization and delegations differs from company to company so that it can
meet the necessary challenges head-on.
The MCS is affected by the nature of operations in terms of divisibility within an organization.
In some companies, the division is as per the products whereas in others it can be something else.
5. Perceptions of people
The perception of every individual is different about his job satisfaction or work ethics. While
designing the management control system, it is necessary to keep this factor in mind.
1. Data Management:
MIS helps in organizing and managing vast amounts of data efficiently. It ensures data
accuracy, integrity, and security, allowing decision-makers to rely on credible information.
2. Decision Making:
MIS provides timely and relevant information to managers and decision-makers, enabling them
to make informed and effective decisions. It helps in analyzing trends, forecasting, and
identifying potential opportunities or threats.
3. Operational Efficiency:
By streamlining processes and automating routine tasks, MIS enhances operational efficiency. It
reduces manual errors, saves time, and optimizes resource utilization.
MIS facilitates communication and collaboration within and across departments. It allows
sharing of information, documents, and resources, fostering teamwork and improving overall
productivity.
5. Strategic Planning:
MIS supports strategic planning by offering insights into market trends, customer behavior, and
industry changes. It aids in formulating long-term goals and devising strategies to achieve them.
MIS systems often include customer databases and tools for managing relationships. By
understanding customer needs and preferences, organizations can tailor their products or services
accordingly.
MIS fosters an environment conducive to innovation by providing access to information that can
spark new ideas or improvements. It also helps in adapting to changes in technology, regulations,
or market conditions.
Managing Information Systems (MIS) in e-businesses and digital firms is crucial for their
success. Here are key components and considerations for an MIS in such contexts:
1. Data Management: E-businesses deal with vast amounts of data. An MIS should include
databases and data warehouses to efficiently collect, store, and manage this information.
3. Website Analytics and Performance Tracking: Implementing tools for tracking website
traffic, user behavior, and performance metrics helps in understanding customer
preferences and improving user experience.
5. Supply Chain Management (SCM) Integration: For digital firms involved in product-
based e-business, integrating SCM systems can optimize inventory management, order
processing, and logistics.
8. Cloud Computing and Infrastructure: Utilizing cloud services for storage, computation,
and software delivery can offer scalability, flexibility, and cost-efficiency for digital
firms.
9. Data Analytics and Business Intelligence (BI): Leveraging analytics tools helps in
extracting insights from data, enabling informed decision-making and strategic planning.
11. User Experience Enhancement: Continuous improvement of the user interface (UI) and
user experience (UX) based on data-driven insights helps in retaining customers.
E-COMMERCE:
There are a number of ways in which companies can make money from the internet. Probably
the best known way of making money is by selling some commodity; this could be a non-IT
commodity such as a CD or item of clothing or it could be some piece of application software, a
font, a browser plug-in or an operating system. Other forms of revenue rising are:
• Auction sites which auction items on the Internet and make profits by taking some commission
from the sales.
• Affiliate sites which contain a link to a normal retailing site and are paid when a visitor from
the affiliate site makes a visit to the retail site to make a purchase. The affiliate site will usually
attract visitors by offering some information such as providing links to resources and tutorials on
some specific topic or technology such as Java.
• Banner adverts. These advertisements will contain links to the company doing the advertising;
they will be displayed on a site and will result in some revenue being earned by the site owner
when the banner advert is clicked.
• Bulk-buying sites where a site collects a number of users together all of whom want to buy
some item; the site negotiates a discount with the supplier and takes a commission.
• Shopping malls where a number of e-commerce sellers congregate together on the same
website; often these sellers will be related to each other, for example they may all sell luxury
goods. The mall owner takes a percentage of their profit.
• Portals which contain massive amounts of material on a particular topic, for example a portal
devoted to fishing. Such sites will contain thousands of resource links, tutorials and indexes.
They will also contain links to merchants who sell goods associated with the portal topic. There
may be a number of ways that the portal owner would make money, for example they could be
paid by a merchant for each visit from the portal or the merchant may pay a flat fee for being
included in the portal.
• Digital publishing sites which are effectively magazines on the web. They make profits in a
number of ways including advertising and charging vendors for references to their website.
• Licensing sites which make some software available to other sites, for example search engines
which allow a visitor to the site to search for material more easily.
• Community sites: These are like portals but involve the visitors more, for example a
community site devoted to nurses might include a number of chat rooms which allow nurses to
talk together in real time and swap advice. Money is made from such sites in the same way as
with portals.
• Name-your-price sites are websites where the buyer haggles with the retailer and names what
price they will pay for a particular product. Such sites make profits in the same way as normal
retail sites. Such applications have changed the face of retailing, for example the fast
communication of the Internet has made bulk buying sites feasible and popular and has given
rise to a number of novel commercial models. The most popular model is one which involves a
pyramid of services, ranging from those that are free, to those which are charged at a premium
rate. For example, a site which sells a piece of software might give the basic software away for
free and then offer increasingly more sophisticated versions of the software to buyers. This form
of partially free charging has percolated down from the internet to conventional software sales;
for example, the company Qualcomm that markets the Eudora email reader makes a version of
the program available for no cost, but will charge for fully featured versions.
E-commerce provides many new ways for businesses and consumers to communicate and
conduct business. There are a number of advantages and disadvantages of conducting business in
this manner.
Advantages of E-Commerce Some advantages that can be achieved from e-commerce include:
• Being able to conduct business 24 x 7 x 365.: E-commerce systems can operate all day every
day. Your physical storefront does not need to be open in order for customers and suppliers to be
doing business with you electronically.
• Access the global marketplace: The Internet spans the world, and it is possible to do business
with any business or person who is connected to the Internet. Simple local businesses such as
specialist record stores are able to market and sell their offerings internationally using e-
commerce. This global opportunity is assisted by the fact that, unlike traditional communications
methods, users are not charged according to the distance over which they are communicating.
• Marketspace: The market in which web-based businesses operate is the global market. It may
not be evident to them, but many businesses are already facing international competition from
web-enabled businesses.
• Opportunity to reduce costs: The Internet makes it very easy to 'shop around' for products and
services that may be cheaper or more effective than we might otherwise settle for. It is
sometimes possible to, through some online research, identify original manufacturers for some
goods - thereby bypassing wholesalers and achieving a cheaper price.
• Allowing customer self service and 'customer outsourcing': People can interact with businesses
at any hour of the day that it is convenient to them, and because these interactions are initiated by
customers, the customers also provide a lot of the data for the transaction that may otherwise
need to be entered by business staff. This means that some of the work and costs are effectively
shifted to customers; this is referred to as 'customer outsourcing'.
• Stepping beyond borders to a global view. Using aspects of e-commerce technology can mean
your business can source and use products and services provided by other businesses in other
countries.
• A new marketing channel: The Internet provides an important new channel to sell to
consumers.
• Time for delivery of physical products: It is possible to visit a local music store and walk out
with a compact disc or a bookstore and leave with a book. E-commerce is often used to buy
goods that are not available locally from businesses all over the world, meaning that physical
goods need to be delivered, which takes time and costs money. In some cases there are ways
around this, for example, with electronic files of the music or books being accessed across the
Internet, but then these are not physical goods.
• Physical product, supplier and delivery uncertainty: When you walk out of a shop with an
item, it's yours. You have it; you know what it is, where it is and how it looks. In some respects
e-commerce purchases are made on trust. This is because, firstly, not having had physical access
to the product, a purchase is made on an expectation of what that product is and its condition.
Secondly, because supplying businesses can be conducted across the world, it can be uncertain
whether or not they are legitimate businesses and are not just going to take your money. It's
pretty hard to knock on their door to complain or seek legal recourse! Thirdly, even if the item is
sent, it is easy to start wondering whether or not it will ever arrive.
• Perishable goods: Forget about ordering a single gelato ice cream from a shop in Rome!
Though specialized or refrigerated transport can be used, goods bought and sold via the Internet
tend to be durable and non-perishable: they need to survive the trip from the supplier to the
purchasing business or consumer. This shifts the bias for perishable and/or non-durable goods
back towards traditional supply chain arrangements, or towards relatively more local e-
commerce-based purchases, sales and distribution. In contrast, durable goods can be traded from
almost anyone to almost anyone else, sparking competition for lower prices. In some cases this
leads to disintermediation in which intermediary people and businesses are bypassed by
consumers and by other businesses that are seeking to purchase more directly from
manufacturers.
• Limited and selected sensory information: The Internet is an effective conduit for visual and
auditory our information: seeing pictures, hearing sounds and reading text. However it does not
allow full scope for senses: we can see pictures of the flowers, but not smell their fragrance; we
can see pictures of a hammer, but not feel its weight or balance. Further, when we pick up and
inspect something, we choose what we look at and how we look at it. This is not the case on the
Internet. If we were looking at buying a car on the Internet, we would see the pictures the seller
had chosen for us to see but not the things we might look for if we were able to see it in person.
And, taking into account our other senses, we can't test the car to hear the sound of the engine as
it changes gears or sense the smell and feel of the leather seats. There are many ways in which
the Internet does not convey the richness of experiences of the world. This lack of sensory
information means that people are often much more comfortable buying via the Internet generic
goods - things that they have seen or experienced before and about which there is little
ambiguity, rather than unique or complex things.
• Returning goods: Returning goods online can be an area of difficulty. The uncertainties
surrounding the initial payment and delivery of goods can be exacerbated in this process. Will
the goods get back to their source? Who pays for the return postage? Will the refund be paid?
Will I be left with nothing? How long will it take? Contrast this with the offline experience of
returning goods to a shop.
• Privacy, security, payment, identity, and contract: Many issues arise - privacy of
information, security of that information and payment details, whether or not payment details (eg
credit card details) will be misused, identity theft, contract, and, whether we have one or not,
what laws and legal jurisdiction apply.
• Defined services and the unexpected: E-commerce is an effective means for managing the
transaction of known and established services, that is, things that are everyday. It is not suitable
for dealing with the new or unexpected. For example, a transport company used to dealing with
simple packages being asked if it can transport a hippopotamus, or a customer asking for a book
order to be wrapped in blue and white polka dot paper with a bow. Such requests need human
intervention to investigate and resolve.
• Personal service: Although some human interaction can be facilitated via the web, e-
commerce can not provide the richness of interaction provided by personal service. For most
• Size and number of transactions: E-commerce is most often conducted using credit card
facilities for payments, and as a result very small and very large transactions tend not to be
conducted online. The size of transactions is also impacted by the economics of transporting
physical goods. For example, any benefits or conveniences of buying a box of pens online from a
US-based business tend to be eclipsed by the cost of having to pay for them to be delivered to
you in Australia. The delivery costs also mean that buying individual items from a range of
different overseas businesses is significantly more expensive than buying all of the goods from
one overseas business because the goods can be packaged and shipped together.
E-communication:
E-communication, or electronic communication, refers to the exchange of information,
messages, or data through electronic means such as emails, instant messaging, social media,
video conferencing, and more. It has revolutionized how people connect and interact across the
globe, enabling rapid, efficient, and often real-time communication.
With the advent of technology, e-communication has become a cornerstone of modern life,
facilitating business operations, personal connections, education, and various other facets of
society. Its benefits include speed, convenience, and the ability to bridge geographical distances,
allowing individuals and organizations to communicate swiftly and effectively regardless of
location.
However, while e-communication offers numerous advantages, it also presents challenges such
as security concerns, misinterpretation of messages due to lack of non-verbal cues, and
information overload. As such, it's crucial to use e-communication thoughtfully, ensuring clarity,
professionalism, and security in all interactions.
3. Information Sharing: MIS relies on the effective sharing of information across the
organization. E-communication enables the dissemination of important updates,
announcements, policies, and reports to relevant stakeholders promptly.
4. Remote Work and Flexibility: With the rise of remote work, e-communication has
become essential for organizations to facilitate seamless communication among remote
teams. It allows employees to work from anywhere while staying connected and
productive.
E-collaborations:
E-collaborations, or electronic collaborations, refer to the process of individuals or
groups working together using electronic or digital tools. This can encompass various
forms, such as:
1. Online Meetings and Discussions: Platforms like Zoom, Microsoft Teams, or Google
Meet facilitate real-time discussions, brainstorming sessions, and decision-making among
team members located in different places.
2. File Sharing and Collaboration Tools: Google Drive, Dropbox, or OneDrive allow
multiple users to access, edit, and collaborate on documents, spreadsheets, presentations,
and other files simultaneously.
3. Project Management Software: Tools like Asana, Trello, or Jira assist in organizing
tasks, setting deadlines, and tracking progress, enabling teams to collaborate effectively
on projects.
5. Virtual Whiteboards and Mind Mapping Tools: Platforms such as Miro or Lucidspark
enable teams to visualize ideas, create mind maps, and collaborate on concepts in a
virtual space.
3. Project Management Software: Tools such as Asana, Trello, or Jira help in planning,
organizing, and tracking tasks and projects, allowing teams to collaborate efficiently, set
deadlines, assign responsibilities, and monitor progress.
6. Virtual Teams and Remote Work: Enabling employees to work from different
locations using technology to stay connected, collaborate, and contribute to projects,
regardless of physical distance.
"Real Time Enterprise" (RTE) refers to an approach where businesses aim to make
immediate, data-driven decisions by leveraging up-to-date information. This concept
revolves around using technology to enable faster data collection, analysis, and decision-
making processes.
RTE involves:
Implementing an RTE strategy often involves the use of technologies like IoT (Internet of
Things), AI (Artificial Intelligence), machine learning, and advanced analytics. These
technologies enable the collection of real-time data from sensors, devices, and various
systems, allowing businesses to gain insights and react promptly to market shifts,
customer preferences, or operational changes.
Ultimately, RTE aims to create a more agile and responsive business environment,
helping companies stay competitive in fast-paced markets by making data-driven
decisions in real time.
1. Data Collection and Analysis: MIS gathers, processes, and analyzes data from various
sources within and outside the organization. This information helps in understanding
market trends, consumer behavior, and industry changes, which are vital for strategic
planning.
2. Decision Making: MIS provides accurate, timely, and relevant information to the
management, enabling informed decision-making. It offers insights into performance
metrics, allowing leaders to identify strengths, weaknesses, opportunities, and threats.
3. Forecasting and Predictive Analysis: Through historical data and advanced analytics,
MIS supports forecasting models and predictive analysis. This assists in anticipating
future trends and potential scenarios, aiding in proactive planning.
5. Integration with Strategy: MIS aligns with the strategic goals of the organization. It
ensures that technological advancements and information systems are in sync with the
long-term vision and objectives of the business.
6. Risk Management: MIS identifies and assesses risks by monitoring various aspects of
the business environment. It allows for the implementation of risk mitigation strategies
within the strategic plan.
Hussey defines corporate planning as, “the formal process of developing objectives for
the corporation and its component parts, evolving alternative strategies to achieve these
and doing this against a background of systematic appraisal of internal strengths and
weaknesses and external environmental changes, the process of translating strategy into
detailed operational plans and seeing that these plans are carried out.”
As per Drucker’s view, “Corporate planning is not confined to taking strategic decisions
in the light of future conditions but is also concerned with the implementation of these
decisions in the best possible way and undertaking periodic review of these decisions in
the light of new development.”
Corporate planning involves the process of setting goals, developing strategies, and
outlining actions to achieve long-term success within an organization. It's a
comprehensive approach that considers various aspects of a company's operations,
market dynamics, resources, and future aspirations. Here's an overview:
1. Goal Setting: Corporate planning starts with defining the company's mission, vision, and
objectives. These objectives should be SMART (Specific, Measurable, Achievable,
Relevant, Time-bound) to provide clear direction.
4. Strategy Formulation: Based on the analysis, strategies are developed to achieve the
defined objectives. This might involve market expansion, product diversification, cost
leadership, differentiation, or other strategic approaches.
6. Implementation: Plans need to be executed effectively. This involves breaking down the
strategy into actionable steps, assigning responsibilities, creating timelines, and
monitoring progress.
Corporate planning is often led by top management and involves various departments
within an organization. Its aim is to provide a roadmap for the company's growth and
success, ensuring that resources are utilized efficiently to achieve long-term objectives.
6. Corporate planning is basically concerned with the future impact of present decisions.
Strategic planning is not just a functional exercise. It means the difference between being
a struggling nonprofit and an innovative, cause-driven organization changing the world.
Creating a culture that believes in planning is paramount not just to survive a project, but
to thrive long after the project is complete. Strategic planning takes ideas, inspiration, and
down-in-the-dirt hard work to make transformations.
Brooklyn Public Library, American Kidney Fund, and Habitat for Humanity
International.
At Longwood Gardens, strategic planning helped our organization grow from a working
farm in the 1700s to one of the best-in-class horticultural display gardens in the world—a
place that aims to inspire its more than 1 million annual visitors through excellence in
garden design, horticulture, education, and the arts.
Here are the five essentials of strategic planning that nonprofits large or small can employ
to transform their organization.
Balanced Scorecard
4. Learning and Growth (or Organizational Capacity) Perspective: This perspective focuses
on the organization's ability to innovate, improve, and learn. Metrics can include
employee training, skill development, technology adoption, and employee satisfaction.
The Balanced Scorecard provides a balanced view of an organization's performance by
considering both financial and non-financial factors. It helps in setting strategic goals,
tracking performance against those goals, and making informed decisions to improve
overall performance.
Implementing a Balanced Scorecard involves defining strategic objectives in each
perspective, identifying key performance indicators (KPIs) to measure progress toward
those objectives, and regularly reviewing and adjusting strategies based on performance
data.
1. Learning and growth are analyzed through the investigation of training and knowledge
resources. This first leg handles how well information is captured and how effectively
employees use that information to convert it to a competitive advantage within the
industry.
2. Business processes are evaluated by investigating how well products are manufactured.
Operational management is analyzed to track any gaps, delays, bottlenecks, shortages, or
waste.
3. Customer perspectives are collected to gauge customer satisfaction with the quality,
price, and availability of products or services. Customers provide feedback about their
satisfaction with current products.
4. Financial data, such as sales, expenditures, and income are used to understand financial
performance. These financial metrics may include dollar amounts, financial ratios, budget
variances, or income targets.
Scorecard:
Creating a scorecard and dashboard can vary depending on what specific metrics or
information you want to track.
1. Define Objectives: Identify the key objectives or goals you want to measure.
2. Select Metrics: Choose specific metrics that align with each objective.
5. Analyze and Review: Assess the data against the targets to evaluate performance.
Dashboard:
2. Layout Design: Design the dashboard layout with sections for different
metrics/objectives.
3. Visual Representation: Use graphs, charts, and tables to visually represent the data.
E-enterprises, or electronic enterprises, face various security challenges that are unique to
the digital landscape. Some of the significant security challenges include:
2. Data Breaches: The vast amount of sensitive data stored by e-enterprises makes them a
prime target for data breaches. Breaches can occur due to weak security protocols,
insufficient encryption, or human error, exposing sensitive customer and company
information.
3. Insider Threats: Employees or individuals with internal access to systems can pose a
significant threat. Whether through malicious intent or unintentional actions, insider
threats can result in data leaks or system compromises.
5. Cloud Security: With the migration of services and data to cloud platforms, ensuring the
security of cloud environments becomes critical. Misconfigurations, inadequate access
controls, and shared responsibility models can expose vulnerabilities.
7. Supply Chain Risks: E-enterprises rely on a network of vendors and partners, which can
introduce security vulnerabilities. Weaknesses in third-party systems or services can be
exploited to gain access to the main enterprise systems.
8. Security Patch Management: Keeping systems and software up-to-date with the latest
security patches is crucial. Failure to promptly apply patches leaves systems vulnerable to
known exploits.
Information technology (IT) has significantly transformed society in numerous ways, impacting
various aspects of our lives:
3. Economy and Business: IT has reshaped business models, enabling e-commerce, online
banking, and digital transactions. It has streamlined operations, improved efficiency, and
opened new markets.
4. Healthcare: Information technology has improved patient care, diagnosis, and treatment
through electronic health records, telemedicine, medical imaging, and health monitoring
devices.
6. Entertainment: Streaming services, online gaming, social media platforms, and digital
content creation tools have transformed the entertainment industry, changing how we
consume media and interact with content.
7. Social Interactions: Social networking sites and messaging apps have altered how
people connect, communicate, and build relationships, affecting social interactions and
behaviors.
8. Work Culture: Remote work, facilitated by IT, has become more prevalent, offering
flexibility and work-life balance but also raising challenges related to boundaries between
work and personal life.
9. Privacy and Security: IT advancements have raised concerns about data privacy,
cybersecurity threats, and ethical use of personal information, leading to debates about
regulation and protection.
10. Environmental Impact: While IT has helped optimize processes and reduce physical
resources through digitization, it has also contributed to electronic waste and energy
consumption.