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Business Information System and Balanced Scorecard

   

Added on  2023-01-11

6 Pages1271 Words90 Views
Professional Development
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BUISNESS INFORMATION
SYSTEM
Business Information System and Balanced Scorecard_1

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Business Information System and Balanced Scorecard_2

INTRODUCTION
Business information system is referred to as the different set of interrelated process being used
in the IT infrastructure of the business. Any business cannot work without the use of the
information technology and the other important technology being used and applied within the
business (Gronwald, 2016). These systems are designed to help the company in decision making
process and in overseeing all the business activities. The monitoring of the business and its
activities is very essential for the company and for this the balance scorecard is the most
effective tool. The current report will outline the balanced scorecard in order to analyse the
business information system requirements of the food service.
MAIN BODY
The business information system includes the analysis of the organization and its
operations and working with help of the information system or the technology. In the current
competitive world the use of technology is the latest trend which is being followed by the
company and if the company not follow to it then this will be a waste of time. Thus, the use of
the business information system will assist the company in managing the business of the
company in more effective manner. This will make sure that the company manages all its
business in effective manner so that it attains the aims and objectives of the business.
The major business information system that will help the company in managing the
business is the use of the balance scorecard. The balanced scorecard is the technique which is the
strategic planning and management system which will make sure that company is able to manage
and communicate the fact that what the company is trying accomplish. Also, this balanced
scorecard is the techniques which help the company in aligning the day to day work that every
person within the company in making and implementing the strategy. The balanced scorecard is
the technique which helps the company in managing the performance of the company to a great
extent. This is technique is very helpful in managing the performance of the company to a great
extent and this will help the company in managing the business and its performance in effective
and efficient manner (Nørreklit, Kure and Trenca, 2018).
The use of balanced scorecard is very simple and easy to use as this assist the company in
managing and measuring the work in proper and effective manner. Thus, the first step of the use
of balanced scorecard is to determine the vision and mission of the company. This is majorly
Business Information System and Balanced Scorecard_3

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