Information Systems Role in Contemporary Businesses

Introduction An information system comprises of all constituents that collect, proliferate and disseminate data. In most cases, these comprise the hardware, people, software, communication systems and the information itself. Information systems conduct various activities that include processing data in to information, input of data, data storage and the production of outputs (Moin, 2006). For these reasons, most contemporary businesses have integrated systems of information technology in their management.Advertising We will write a custom research paper sample on Information Systems Role in Contemporary Businesses specifically for you for only $16.05 $11/page Learn More Benefits of information Systems to a business Correct utilization of information systems by the management of a business can offer a great deal of operational effectiveness and accurateness. In contemporary business world, this is similar to the competitive advantage of the business (Shar rieff, 2011). Moin (2006) affirms that in most cases, information systems sustain and sometimes comprise the competitive advantage of a business. In this case, information systems sustain all the sustainable competitive advantages of a business. Incorporation of information systems helps employees to give greater level of services to their consumers, especially the employees who are in contact with customers. This means that information systems are at most times fundamental in running business activities in the modern world since the employees offer better services to the consumers. Businesses achieve more productive business decisions that have positive influence on the company’s bottom line due to suitable utilization of the information systems offered by the company (Sharrieff, 2011). Information systems can decrease the number of administrative employees as well as the number of hours an employee will work in comparison with the manual performance of a similar process. Th is occurs since the duty that an employee was supposed to perform happen to be performed by the machine. This effectiveness permits the organization to gather benefits in other areas. For instance, a company can offer a lower bid for a certain contract than its rival company due to the reduced costs linked with the execution of effective information systems (Webster, 2011). In the modern world, computer networks permits the multinational companies to offer real time services at all times all over the world. Improved technology of the computers and the information systems helps in meeting consumers’ requests and their relocation across the nations and time zones even without the customers’ consent.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For instance, the Sealand Services Inc. which is a global based shipping company in the United States executed a new propriet ary shipping management system that mechanized customer transactions worldwide. These customer transactions included order taking and document management (Stephens, 2011). Information systems play a major role in supporting business processes and operations. They achieve this through recording and storing sales information, acquisition data, savings data, payroll data, and other accounting information. Information systems also aid in storing and recording inventory data, equipment repair and maintenance data, work in process data, supply chain data and other production records. The human brain is not capable of storing all the necessary data that a company requires and thus the use of information systems is relevant. Information systems are also helpful in recording and storing customer purchase histories, market data, customer profiles, marketing research data, advertising data and other marketing records (Moin, 2006). In most companies, execution of information systems occurs in o rder to offer self-services to employees and the consumers. If companies and businesses grant permission to customers and employees to gain access and make changes to their own account data rather than presenting a paper request, the response time will radically decrease. Electronic communications such as email reach the receiver faster than communication sent through traditional paper modes (Webster, 2011). For a company to ensure that their management information system is pertinent and offers the greatest level of profit, they must plan purposely for their business entity. Even though most software packages offer a level of usefulness to a business venture, it is essential that the system that a business executes addresses the informational necessities and utilization behavior of every person who will take part in the operational effort (Sharrieff, 2011). Information technology mechanizes some of the information systems. For instance, Dell Computers has a system where there is no human interference in their various operations including taking orders from customers, delivery of constituents to the Dell factory for assemblage as well as shipment to the consumers. Through the company’s website, the company can acquire an order for a personal computer directly from a customer (Moin, 2006). Information systems aid in reducing errors that are common when performing processes manually. The access to error-free reports guarantees that the organizational leaders have access to the required information needed to make well-informed decisions. Reduction of response time enables leaders to make better verdicts than they might have otherwise done. With the aid of effective information systems, leaders can make efficient decisions in an appropriate manner (Webster, 2011).Advertising We will write a custom research paper sample on Information Systems Role in Contemporary Businesses specifically for you for only $16.05 $11/page Learn More Conclusion It is evident that information systems are vital components of a business. They increase the competitive advantage of a business in various ways. In addition, information systems accelerate the globalization of business and trade. This offers multinational companies a suitable ground to reach many customers. In contemporary business world, most businesses have integrated information systems in their business management to accelerate their business performance and eventually increase sales. References Moin, U. (2006). Information Systems and Technology. Web. Sharrieff, M. (2011). The Impact of a Management Information System. Web. Stephens, D.O. (2011). The Globalization of Information Technology in Multinational Corporations. Web. Webster, A. (2011). Tangible Benefits of Information Systems. Web. This research paper on Information Systems Role in Contemporary Businesses was written and submitted by user Kamron Dixon to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Virgina and kentucky resolutions; hartford convention essays

Virgina and kentucky resolutions; hartford convention essays During the late 1700's in the United States, there were many concerns over the Constitution, and how America's government should operate. In the federalists papers; which were a series of essays on the constitution, James Madison had arguments on factions and majority tyranny. Madison believed that in order to survive as a country, the government should avoid factions and In Federalists papers number ten, James Madison argued that the United States government should avoid majority tyranny and factions. Factions are a section of a certain political group; or a small group of people who have common view points on specific subjects. Factions usually work against the general public's interest and violate the rights of others. Madison would have preferred that factions would be abolished altogether, but he realized that it was impossible to do so, because as Madison stated there are only two ways to abolish factions; and that is to destroy people's liberties, and give all citizens of the United States the same opinions, interest's and passions. Those two ways are impervious, since there will always be some disagreement between citizens, and if people's liberties are destroyed, then so would our form of government. Therefore Madison concluded that the only way to deal with factions would be to face their effects, and try to protect the people and the government as much as could be done. Madison argued that the best form of government to handle factions the way they should be handled, would be to have a large republican government. With a republican government factions would be weaker, and it would be easier for direct democracies to contain their strength; a republic would have interests checking each other so that the American citizens would not be divided into rich and poor groups. This would guarantee citizens both security and liberty. ...