Instructions In this final assignment, you will develop a paper that reviews some of the main topics covered in the course. Compose an essay to address the elements listed below. § Identify the...

Running Head: MANAGING INFORMATION TECHNOLOGY                1
MANAGING INFORMATION TECHNOLOGY                        9
MANAGING INFORMATION TECHNOLOGY
Table of Contents
Introduction    3
Components of Information System (IS) using Five-Component Framework    3
Porter’s Five Forces Model    4
Management IS (MIS), their Usefulness and One Example    5
A Collaboration Information System    5
A Database Management System    5
A Content Management System    5
A Knowledge Management/Expert System    5
A Customer Relationship Management System    5
An Enterprise Resource Planning System    5
A Social Media IS    6
A Business Intelligence/Decision Support System    6
An Enterprise Is    6
A Technical and A Human Safeguard to Protect against IS Security Threats    6
SDLC and SCRUM    6
Summary on the Importance of MIS    7
References    8
Introduction
As stated by Jia, Guo and Barnes (2017), information systems are those tools, which are combines with various business processes, intelligence, operations and information technology to enhance decision-making, client and suppliers’ interaction, collect, process as well as analyze data in various forms.
Components of Information System (IS) using Five-Component Framework
The five-component framework of information system is:
a) Hardware: The physical part of the system is known as hardware. It can be as small as a smartphone that fits in a pocket or as large as a supercomputer that fills a building. It also consists of peripheral devices that are required to work with computers (Jia et al., 2017).
b) Software: There are two types of software: system software and application software. Windows or iOS are examples of system software, which helps in managing hardware whereas to perform specific tasks application software are designed, for example spreadsheets, webpage (Aydiner, Tatoglu, Bayraktar & Zaim, 2019).
c) Data: The raw facts and statistics, which is collected for analysis and conversion into information. It is stored in various databases and data warehouses. It can be retrieved from these sources for further processing.
d) People: They are also referred as human resource without which information system cannot work efficiently. To generate query, giving commands and analyzing results people are needed (Galitsky, 2019).
e) Process: It is a systematic design of steps to be followed to play with the data. It helps to learn and interpret data with a futuristic perspective.
Porter’s Five Forces Model
The combination of Porter’s five forces model and information systems is beneficial to attain competitive advantage.
a) Threat of New Entrants: Through IS, the competitive edge can be gained over traditional and new market players. It helps to understand the competitive forces such as the way new entrants making their way to enter the market, substitute products available, customer preferences and suppliers’ strengths (Chofreh, Goni & Klemes, 2018).
b) Threat of Substitutes: With the help of information systems, businesses compete on a global scale, with different business models. Furthermore, a business can compete on quality, design and business process, which will contribute in developing better substitutes for existing products (de Vicente Mohino, Bermejo...