Use of information system in business, Business Management

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.

Posted Date: 7/19/2013 4:01:04 AM | Location : United States







Related Discussions:- Use of information system in business, Assignment Help, Ask Question on Use of information system in business, Get Answer, Expert's Help, Use of information system in business Discussions

Write discussion on Use of information system in business
Your posts are moderated
Related Questions
Workforce diversity benefits the organisations in myriad ways amidst spate of challenges.  In fact, organisations have made a business case for diversity, arguing that diversificat

a) Discuss this business leader's theory of business leadership, management, and methods for motivating individual and group behavior. b) Talk  about how this business leader ha

QUESTION 1 Strategic decisions are the essence of strategic management. According to Pears & Robinson, typically, strategic issues have certain dimensions. Write short notes on

Question: 1 What is meant by the core competency and synergy components of strategy? Give examples. Perform a SWOT analysis for the university campus you attend. Do you think yo

what are the main objectives of the procurementAct 2006

Management skills: Q. A few organizations have recently tried to minimize employee use of email when communicating with colleagues. Specifically, these companies have banned t

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

Describe advantages and disadvantages of holding inventory You are the Logistics Manager for a Spanish retailer of sports clothing and equipment (shirts, shorts, swimwear, train

In their case study of Vicro Communications Paper et al (2003) identify a "set of factors that should be useful to other organisations facing similar problems" in Business Process

QUESTION 1 (a) List four characteristics of effective "Business Messages." Explain briefly each characteristic with examples (b) Comment on the five benefits of effective co