Question: NEED FEEDBACK ON MY DISCUSSION POST ANSWER... QUESTION: How do information systems support the activities of managers and management decision - making? What are the
NEED FEEDBACK ON MY DISCUSSION POST ANSWER...
QUESTION:
How do information systems support the activities of managers and management decisionmaking? What are the specific managerial roles that can be supported? Are there any disadvantages to the use of information systems?
ANSWER:
Information systems help managers make decisions in many ways. They help analyze, store, and protect data. For example, if a manager is wondering if their store should carry a product anymore, they can look at past data to see how well it is selling. They can also compare it with similar products in that category. So if a certain brand of shampoo is consistently selling much less than its equal price counterpart then that would be a reason to discontinue that product. Managers can also use information systems to analyze trends in products and when they may need more or less of that product in stock. If you are a freight manager or inventory manager this tool would be useful to you. Financial managers can use information systems to help make budgets for the year. A disadvantage of information systems is that they can sometimes fail or be inaccurate. They also can be hacked into where valuable information can be stolen. This is why it is important to have extra layers of protection such as firewalls, multifactor identification, and strong passwords to mitigate this risk. It also can aid people in losing their ability to analyze data themselves if everything is automated which can cause problems if the system fails.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
