Question: Read the case study below and answer the questions that follow. How Businesses Use Information Systems The use of information technology in a company creates
Read the case study below and answer the questions that follow.
How Businesses Use Information Systems
The use of information technology in a company creates efficiency effectiveness, and competitive advantage s Every business generally uses information systems to facilitate the process of business activities and to shorten business
processes. Companies who want growth are required to innovate both in terms of quantity and quality of information systems. Operational managers need a system that tracks basic activities and organisational transactions, such as sales, receipts, cash deposits, payroll, credit decisions, and flow materials at the factory. Transaction processing systems TPS provide such information. Middle level man agers require a system to assist in monitoring, control, decision making, and administrative activities. Corporate applications help businesses become more flexible an d productive by coordinating busine ss processes more closely There are four main enterprise applications : enterprise systems, supply chain management SCM systems, customer relationship management CRM systems, and knowledge management systems KMS Enterprise resource planning ERP is usually used by companies in regulating and carrying out supervision that is mutually integrated with the existing work units within the company. Executive information systems EIS provide easy and fast access to selective information. The supply chain management system helps companies manage their relationships
with suppliers to optimise the planning, procurement production and delivery of goods and services. Knowledge management systems KMS enable companies to optimise the creation and distribution of knowledge to improve business processes and management decisions.
QUESTIO N
The article above states: There are four main enterprise applications: enterprise systems, supply chain management SCM systems, customer relationship management CRM systems, and knowledge management systems KMS Describe FIVE benefits that a business would gain by merging customer relationship management CRM with artificial intelligence AI Marks
QUESTIO N
The article above further states: Companies who want growth are required to innovate both in terms of quantity and quality of information systems Summaries FI VE ways in which the information system s IS department serves their organisation. Marks
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
