Use of information system in business, Business Management

Assignment Help:

Q. Use of Information system in business?

The utilization of information system has been increasing day by day. It assists to give a competitive advantage over business rivals. The utilization of Information system in business is as follows: -

Promoting business innovation- Investment in information technology is able to result in the development of unique products and services or processes. This can create latest business opportunities and enable a firm to expand into new markets or segments of existing markets.

Exp: - ATM represented an attractive also convenient new banking service produced and distributed to customers by making innovative changes in the delivery of bank services. Therefore information systems technology was used to develop a strategic new distribution process for bank services.


Related Discussions:- Use of information system in business

Differentiate between the terms stakeholder and shareholder, In the contemp...

In the contemporary era, the board of directors has to shoulder larger responsibilities so as to meet the increasing demands of the market place. Running a corporation only to earn

Determine the leadership style, Question 1: During the financial crisis...

Question 1: During the financial crisis in America, many Chief Executive Officers decided to give up their bonuses as a measure to deal with this drastic situation. Taking this

Discuss the negotiation principles, Discuss the Negotiation Principles surr...

Discuss the Negotiation Principles surrounding the outsourcing contracts. Negotiation - meaning - Factors that determine Negotiation - relative negotiating position, the object

What are the causes of labour turnover, What are the causes of labour turno...

What are the causes of labour turnover? Causes of Labour Turnover: 1. Voluntary withdrawals through the worker 2. Lay-offs because of seasonal nature of industry, fuel

Safety and environmental issues, You must present a complete HAZOP for one ...

You must present a complete HAZOP for one part of the process. The HAZOP should be accompanied by a commentary explaining what decisions were made? Why? What changes are required?

Explain epayments, Question 1 International banking system enables trading...

Question 1 International banking system enables trading in multiple currencies. Explain the concept and need of international banking Question 2 Define and explain capital a

Organization for maintenance, Organization structures for maintenance var...

Organization structures for maintenance vary across companies the deciding factors on a particular type being the nature of industry ( electrical chemical or mechanical) size

1. Do you agree that countries are wrong in luring companies, 1. Do you agr...

1. Do you agree that countries are wrong in luring companies by offering incentives and tax benefits? Give reasons in support of your answer.

Compare and contrast erg theory, Q. Compare and contrast ERG theory with Mc...

Q. Compare and contrast ERG theory with McClelland's theory of learned needs. Q. You want production employees at your company to be more motivated to complete their assignments

Explain offshoring value model of offshoring, Explain Offshoring's Value Mo...

Explain Offshoring's Value Model of offshoring. Offshoring's Value Model - theory. Four strategies - Strategic sourcing, Commodity sourcing, Value sourcing, Be

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd