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

New product development process, "It's a cross functional business process ...

"It's a cross functional business process designed to optimize development activities and customizes to fit business needs. It captures and shares what has worked well in the past

Frameworks - indication industry maturity , Frameworks (e.g. 'S'-curve indi...

Frameworks (e.g. 'S'-curve indication industry maturity), models (e.g. Porter's Five Forces model), techniques (e.g. Key Success Factor analysis in combination with competitor anal

Why do organizations need a structure, QUESTION 1 (a) The grouping of o...

QUESTION 1 (a) The grouping of organizational activities (usually into 'departments' or larger 'divisions') can be done in different ways. Outline 7 criteria which can be used

Managerail economics, Using the case study approach,discuss the significanc...

Using the case study approach,discuss the significance of managerial economics in regard to business strategies employed by business entities currently operating in the global econ

The importance of body language, The importance of body language Any t...

The importance of body language Any two reasons described. For example: Good communication skills are important to improve the level of customer services (thereby helpi

Fully operational computer system, Explain the reasons why a department of ...

Explain the reasons why a department of an organisation might continue to use manual records rather than a new, recently installed and fully operational computer system. Severa

Qestion, How will you inform your managers and supervisors about budgets, r...

How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? I just want to know

Identify the different levels of managers, QUESTION (i) Mintzberg ident...

QUESTION (i) Mintzberg identified ten roles (or behaviours) which managers perform at work; he found that these roles were highly interrelated. Using appropriate examples, brie

Describe about total quality management, Q. Describe about Total Quality Ma...

Q. Describe about Total Quality Management? Total Quality Management is a wider Management approach than quality control. TQM many utilize a variety of tools and methods to see

Porject related, what is a best topic in submit project to international bu...

what is a best topic in submit project to international business management

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