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

Termination, how can a owner cancel the contract

how can a owner cancel the contract

What is democratic in leadership, What is democratic in leadership? D...

What is democratic in leadership? Democratic: • Leader consults and discusses, invites suggestions and ideas by subordinates and after that takes decisions. • Increase

Leadership consists, Leadership consists: Leadership happens when peop...

Leadership consists: Leadership happens when people push, cajole, and influence others to work towards the achievement of a specific objective. That distinguishes leadership w

Characteristics of an effective team, QUESTION 1 Teams are emerging as ...

QUESTION 1 Teams are emerging as a powerful management tool and are popping up in the most unexpected places. Discuss, with examples, the characteristics of an effective team?

What do you meant by swot analysis, Question: (a) Name clothing Busines...

Question: (a) Name clothing Business terms e.g. ready to Wear and give a brief description of the term. (b) What does merchandising imply in an apparel industry? (c) What a

Quality requirements, Quality is the performance of the product as per ...

Quality is the performance of the product as per the commitment made by producer to the customer. It is the degree of excellence at an acceptable price and the control of v

Communism, importance of communism?,,to a business?

importance of communism?,,to a business?

Ethics, Ask question #Minimum 100 words accePhase 1: (5%)pted#

Ask question #Minimum 100 words accePhase 1: (5%)pted#

Why people resist organizational change, Question : Reynolds (2004) sug...

Question : Reynolds (2004) suggested that to create a learning culture that acts as a growth medium it is necessary to develop organizational practices that raise commitment am

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