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Information Systems: Changing Constantly

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INFORMATION SYSTEMS: CHANGING CONSTANTLY

Information Systems: Changing Constantly
BIS/219
October 29, 2009

INFORMATION SYSTEMS: CHANGING CONSTANTLY The last 20 years, traditional business organizations have critically adapted to create new change within their infrastructure. Modernization of company departments in marketing, management and HR have improved workflow efficiency, learning, control, flexibility, production and performance to survive the onslaught of other competitors. Decision making in organizations has rarely been the focus of organized analysis. In the last couple years, this may account for the astounding number of recent poor decisions to invest in and securitize mortgage loans. Companies have directed their focus on specialized IT programs to help managers get improved information to make better decisions. “Making Better Decisions” (2009). Current competition has attracted research and managerial attention in producing specialized information technology to outperform other competitors. Organizations must contend with competitors in a challenging environment. Companies must respond swiftly to problems and opportunities arising from extremely dynamic conditions.
The global economy, strong competition, the North American Free Trade Agreement (NAFTA), the unified European market with a single currency, the euro, has contributed to increased world trade. In addition, the rise of India and China as economic powerhouses has obviously increased global competition. The cost of labor is an important factor in the global market, which varies widely among countries. Labor costs in developed countries are higher, which is a huge factor in a highly competitive international market. To succeed in the worldwide market, systems development is extremely critical to fit the conditions, product, talent, efficient cost of

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