Assignment 2: DiscussionTechnology Supporting Business ProcessesOver the twentieth century, the ability to process information in terms of labor units has improved by a factor in the order of 1 to 5 trillion. This improvement represents a compounded growth rate of between 30 to 35 percent per year for a century. At the turn of the twentieth century, the mechanical calculator offered a modest productivity increase but the number of workers required to maintain the accounts of a medium-sized business still remained very high. Many tasks would take a large investment in equipment and a significant number of accountants weeks to process. A hundred years later, the same tasks can be completed by a standard desktop computer in minutes. The challenge for management has transitioned from a simple reduction in labor requirements to leveraging the increased processing power to develop competitive, efficient, and profitable organizations.With this example in mind, use the assigned readings for this module and respond to the following:Explain how information systems influence businesses to be more competitive, efficient, and profitable.Provide at least one example for each factor.Write your initial response in 300400 words. Apply APA standards to citation of sources.By Saturday, July 19, 2014, post your response to the appropriate Discussion Area. Through Monday, July 21, 2014, review and comment on at least two peers responses.Explain and justify your position.Assignment 2 Grading CriteriaMaximum PointsInitial response:Was insightful, original, accurate, and timely.Was substantive and demonstrated advanced understanding of concepts.Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.16Discussion response and participation:Responded to a minimum of two peers in a timely manner.Included research in the response.Asked challenging questions that promoted the discussion.Drew relationships between one or more points in the discussion.16Writing:Wrote in a clear, concise, formal, and organized manner.Responses were error free.Information from sources, where applicable, was paraphrased appropriately and accurately cited.8Total:40 Use the Respond link to post responses and materials that pertain to this assignment. Use the Respond link beneath any existing postings to respond to them.
