Computer Science discussion All sources and references (including lecture notes, reading assignments, video assignments, and external sources) should be li

Computer Science discussion All sources and references (including lecture notes, reading assignments, video assignments, and external sources) should be listed with full information.

You should provide at least 2 sources per question.

What is ERP? What are major advantages / disadvantages of ERP?
Discuss ERP in terms of Porter’s Five Forces Analysis.
If two competitors (Company A and Company B) both have installed ERP system – SAP HANA, how/why can they compete even though their IT solution are the same enterprise information systems solution (SAP HANA)? Note: you can use any possibilities from the Five Forces Model, Value Chain, and Competitive IT Advantages.

Readings:

https://www.floridatechonline.com/blog/information…

And finally look at the attached file Information Systems
Program
Information Systems
Information Systems in Business
James Lee
Information Systems
collection, organization, storage and communication of information
Information Systems
Types of Information Systems
Components of Information Systems
Benefits of Information Systems
Five Forces Model
Value Chain
Competitive IT (Advantages)
Information Systems
an integrated set of components for collecting, storing, and processing data and for providing information,
knowledge, and digital products
Business firms and other organizations rely on information systems to carry out and
manage their operations, interact with their customers and suppliers, and compete in the
marketplace.
Information systems are used to run inter-organizational supply chains and electronic
markets.
Many major companies are built entirely around information systems; eBay, a largely
auction marketplace; Amazon, an expanding electronic mall and provider of cloud
computing services; Alibaba, a business-to-business e-marketplace; and Google,
a search engine company that derives most of its revenue from keyword advertising
on Internet searches.
Types of Information Systems
https://cdn.britannica.com/66/65066-004-9D71D3EC.jpg
Components of Information Systems
5 Components
Computer Hardware Computer devices in various sizes, including processors,
storage, input devices, output devices.
Computer Software System software and application software.
Telecommunications Wired and wireless; LAN, MAN, WAN, Internet, VPN; internet
of things.
Databases ACID, CRUD, RDBMS, NoSQL, Data Warehouse, ETL.
Human Resources & Procedures Technical personnel include development and
operations managers, business analysts, systems analysts and designers, database
administrators, programmers, computer security specialists, and computer operators. In
addition, all workers in an organization must be trained to utilize the capabilities of
information systems as fully as possible.
Benefits of Information Systems
1. Real Time Data: Through having integrated information in one system, all of the data is up to
date. This is essential for all elements of the organization ranging from marketing
communications through to finance.
2. Better Communication: Team members will be able to communicate better through having
exactly the same information available to them at each time. Its saves having to mis-match
data between systems and departments.
3. Reduced Risk of Errors: Due to the fact that data will not have to be replicated, there is less
chance of human errors being made which leads to more accurate information available.
4. Greater Productivity: Employees can spend more time on tasks that will help the business
to grow, rather than having to replicate data and wait for information to be sent to them from
other departments.
5. One Secure Location: Through having all of the necessary data stored in one information
system, relevant data is easier for employees to access. Many leading business systems
allow restrictions on what individual employees are allowed to access so sensitive
information can be seen only by those who need it.
Five Forces Model
https://images.flatworldknowledge.com/gallaugher/gallaugher-fig02_008.jpg
Value Chain
https://i.pinimg.com/736x/f4/7c/41/f47c4118f6583d3627bae524ed596a2e.jpg
Competitive IT (Advantages)
means superior performance relative to other competitors in the same industry or superior
performance relative to the industry average
Apple
Dell
Target
Nordstrom
Walmart
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQRrej9dywHB79Bf47FVQ61lYEpm2ZkYbaiMBQuGGhuya80ZAoX
References
https://www.britannica.com/topic/information-system

http://www.investopedia.com/terms/p/porter.asp

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