IT Systems and Business Operations
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AI Summary
This assignment delves into the crucial role of information technology (IT) systems within modern businesses. It examines how IT impacts various operational facets, including strategic planning, data management, and communication. Students are tasked with analyzing the significance of IT in driving organizational success, considering both the enabling and facilitating roles it plays. The analysis extends to exploring strategies for effective IT implementation and the legal considerations surrounding its use.
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BUSINESS INFORMATION
TECHNOLOGY SYSTEM
TECHNOLOGY SYSTEM
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Use of IT system...............................................................................................................1
P2 IT system contributes in achieving objectives..................................................................2
P3 Different ways of storing and processing for knowledge management............................2
P4 Evaluation of Information technological system for making improvement in business
operations, sustainability and performance of Nisa Ltd.........................................................6
P5 Practical IT solutions for common business problems within Nisa Ltd...........................7
CONCLUSION................................................................................................................................8
REFERENCE.................................................................................................................................10
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Use of IT system...............................................................................................................1
P2 IT system contributes in achieving objectives..................................................................2
P3 Different ways of storing and processing for knowledge management............................2
P4 Evaluation of Information technological system for making improvement in business
operations, sustainability and performance of Nisa Ltd.........................................................6
P5 Practical IT solutions for common business problems within Nisa Ltd...........................7
CONCLUSION................................................................................................................................8
REFERENCE.................................................................................................................................10
INTRODUCTION
Information technology is a way to transfer data from one system to another as well
essential to record financial transactions systematically. On behalf of this, decisions are made
regarding business operations and managing its entire activities. This report is to understand
significance of business technology system for Nisa Ltd. In this regard, impact on
communication process and management of business operations of the entity can be described.
However, different ways to store data for decision making on business activities will be
introduced. Including this, practical solutions for reducing common business problems of the
organisation can be discussed. Therefore, importance of information technology process in
improving quality services and managing business operations of Nisa Ltd can be understood with
the help of this report.
MAIN BODY
P1 Use of IT system
Background of the company
Nisa Ltd is small scale retail sector organisation of UK provides groceries and home
products across the country. However, demand for its services is quite effective impact on
profitability, marketability and competitiveness of the enterprise (Schwalbe, 2015). Similarly, it
maintains good relations with customers including agents and other business entities. Along with
this, its workers deal with customers in well mannered for which they get satisfied with its
services at maximum level. Moreover, its all business operations are managed manually of each
financial transaction which takes much time for recording and decision making regarding
business operations. Therefore, it is planning for adopting information technology system for
recording financial transactions and managing business operations more easy and convenient. In
this regard, this report is to provide significance of technological advancement for sharing data,
improving business performance and managing its business operations more efficiently. Thus,
importance of information technology for recording financial transactions and company's
information for decision making is understood through this assignment (Lloyd, 2017).
Manual process intent to transfer information
It is analysed that Nisa Ltd is recorded data and follows manual process for business
operations and decision making. In this process, data are recorded in old system manner in which
1
Information technology is a way to transfer data from one system to another as well
essential to record financial transactions systematically. On behalf of this, decisions are made
regarding business operations and managing its entire activities. This report is to understand
significance of business technology system for Nisa Ltd. In this regard, impact on
communication process and management of business operations of the entity can be described.
However, different ways to store data for decision making on business activities will be
introduced. Including this, practical solutions for reducing common business problems of the
organisation can be discussed. Therefore, importance of information technology process in
improving quality services and managing business operations of Nisa Ltd can be understood with
the help of this report.
MAIN BODY
P1 Use of IT system
Background of the company
Nisa Ltd is small scale retail sector organisation of UK provides groceries and home
products across the country. However, demand for its services is quite effective impact on
profitability, marketability and competitiveness of the enterprise (Schwalbe, 2015). Similarly, it
maintains good relations with customers including agents and other business entities. Along with
this, its workers deal with customers in well mannered for which they get satisfied with its
services at maximum level. Moreover, its all business operations are managed manually of each
financial transaction which takes much time for recording and decision making regarding
business operations. Therefore, it is planning for adopting information technology system for
recording financial transactions and managing business operations more easy and convenient. In
this regard, this report is to provide significance of technological advancement for sharing data,
improving business performance and managing its business operations more efficiently. Thus,
importance of information technology for recording financial transactions and company's
information for decision making is understood through this assignment (Lloyd, 2017).
Manual process intent to transfer information
It is analysed that Nisa Ltd is recorded data and follows manual process for business
operations and decision making. In this process, data are recorded in old system manner in which
1
financial tools and budget planning and other factors are implemented for planning and decision
making. However, in recent time, it is following on method for data recording which is lengthy
and expensive too. There is need for adopting information technologies tools for data recording
and decision making in terms for further years' implementations effectively (Galegher, Kraut and
Egido, 2014).
P2 IT system contributes in achieving objectives
Information system contribute in the success of the organization. It is beneficial tool
through which entity can maintain and record well. That supports in effective utilization of
resources and minimizing wastage. That can assist in reducing errors that would help the
company in accomplishing its objectives. By using IT system Nisa Ltd can easily ensure quality
of works and can make effective control over operations. That can support the entity in meeting
with its objectives.
P3 Different ways of storing and processing for knowledge management
KM is beneficial in disclosing hidden knowledge and enhancing techniques for data
storage and managing them as well. However, it includes all areas of firm for managing
resources and technological advancement in them. It includes systems as data mining, decision
support system, document management system, simulation tools and so on. Therefore, proper
knowledge is to design and implement management systems for Nisa Ltd. With the help of this
tool, critical evaluation on organisation's performance is analysed including management of
business operations, technological advancement, understanding with specific subject matter as
well appropriate organisational culture (Wang, Chen and Benitez, 2015). Including this, it is
essential for improving business performance and qualities of its services. Apart from this,
different ideas are generated for managing business tools and improving communication process
for data sharing efficiently. However, proper result can be determined in terms of managing and
implementing business operations. Thus, it is efficient for managing resources and fund of the
organisation regarding business activities and managing all operations.
Likewise, information systems are benefited for storing data systematically using
Microsoft excel sheet, in presentation form, word document etc. However, sharing of this
information is also done through email, using company's portal, SQL, MSQL and other tools.
However, storage and sharing of data will be easy for Nisa Ltd affect decision making for further
implementation and preparing strategies efficiently. Moreover, different information processing
2
making. However, in recent time, it is following on method for data recording which is lengthy
and expensive too. There is need for adopting information technologies tools for data recording
and decision making in terms for further years' implementations effectively (Galegher, Kraut and
Egido, 2014).
P2 IT system contributes in achieving objectives
Information system contribute in the success of the organization. It is beneficial tool
through which entity can maintain and record well. That supports in effective utilization of
resources and minimizing wastage. That can assist in reducing errors that would help the
company in accomplishing its objectives. By using IT system Nisa Ltd can easily ensure quality
of works and can make effective control over operations. That can support the entity in meeting
with its objectives.
P3 Different ways of storing and processing for knowledge management
KM is beneficial in disclosing hidden knowledge and enhancing techniques for data
storage and managing them as well. However, it includes all areas of firm for managing
resources and technological advancement in them. It includes systems as data mining, decision
support system, document management system, simulation tools and so on. Therefore, proper
knowledge is to design and implement management systems for Nisa Ltd. With the help of this
tool, critical evaluation on organisation's performance is analysed including management of
business operations, technological advancement, understanding with specific subject matter as
well appropriate organisational culture (Wang, Chen and Benitez, 2015). Including this, it is
essential for improving business performance and qualities of its services. Apart from this,
different ideas are generated for managing business tools and improving communication process
for data sharing efficiently. However, proper result can be determined in terms of managing and
implementing business operations. Thus, it is efficient for managing resources and fund of the
organisation regarding business activities and managing all operations.
Likewise, information systems are benefited for storing data systematically using
Microsoft excel sheet, in presentation form, word document etc. However, sharing of this
information is also done through email, using company's portal, SQL, MSQL and other tools.
However, storage and sharing of data will be easy for Nisa Ltd affect decision making for further
implementation and preparing strategies efficiently. Moreover, different information processing
2
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techniques are used for communication by managers and employees of the organisation.
Therefore, information are shared systematically for proper management and increasing its
efficiency. In accordance to this, data and financial transactions of the organisation can be shared
systematically affect further decision making process and achieving organisation's effectiveness.
It is helpful for utilization of resources and fund adequately impact on business operations and
management of its activities. Hence, knowledge regarding data sharing and systematic recording
can be enhanced effectively impact on decision making process and managing its activities
(Tiwana, Konsynski and Venkatraman, 2013).
Through IT system Nisa Ltd. can manage data well, that helps in developing strong
relationship with the consumers. This supports in analysing issues and quarries of customers and
companies can resolve these issues soon. That develops trust of the consumers and help in
building strong relationship with them. Nisa Ltd. can take support of excel, ERP etc. IT system
in order to manage data well. That enhance coordination among all departments and help in
effective utilization of resources.
Proposed system role in customer relationship management
Information technology as storing and sharing data play vital role in managing relations
with customers. In this process, resulted data through conducting survey are recorded and
maintained in excel sheet by which respondents' views on services of Nisa Ltd are identified.
Therefore, different ideas are generated to maintain relationships through contact via email,
social networking platforms and so on. It impacts on marketability and competitiveness of the
enterprise affect business operations and providing services. Including this, diversity in
customers' choices as well their social and cultural differences are recognised (Chakravarty,
Grewal and Sambamurthy, 2013). For which, time is consumed in analysing market position and
decision making for business operations in the future time. Therefore, effectiveness and
efficiency of the enterprise can enhance at higher level. Moreover, by using social networking
platforms and presenting details of products provided by enterprise can be efficient for
encouraging them towards services. It is also able to build up society's trust with its services and
increasing demand for it on large scale. However, it will be effective for organisation to make
good relationship with and implementing service qualities of the organisation.
3
Therefore, information are shared systematically for proper management and increasing its
efficiency. In accordance to this, data and financial transactions of the organisation can be shared
systematically affect further decision making process and achieving organisation's effectiveness.
It is helpful for utilization of resources and fund adequately impact on business operations and
management of its activities. Hence, knowledge regarding data sharing and systematic recording
can be enhanced effectively impact on decision making process and managing its activities
(Tiwana, Konsynski and Venkatraman, 2013).
Through IT system Nisa Ltd. can manage data well, that helps in developing strong
relationship with the consumers. This supports in analysing issues and quarries of customers and
companies can resolve these issues soon. That develops trust of the consumers and help in
building strong relationship with them. Nisa Ltd. can take support of excel, ERP etc. IT system
in order to manage data well. That enhance coordination among all departments and help in
effective utilization of resources.
Proposed system role in customer relationship management
Information technology as storing and sharing data play vital role in managing relations
with customers. In this process, resulted data through conducting survey are recorded and
maintained in excel sheet by which respondents' views on services of Nisa Ltd are identified.
Therefore, different ideas are generated to maintain relationships through contact via email,
social networking platforms and so on. It impacts on marketability and competitiveness of the
enterprise affect business operations and providing services. Including this, diversity in
customers' choices as well their social and cultural differences are recognised (Chakravarty,
Grewal and Sambamurthy, 2013). For which, time is consumed in analysing market position and
decision making for business operations in the future time. Therefore, effectiveness and
efficiency of the enterprise can enhance at higher level. Moreover, by using social networking
platforms and presenting details of products provided by enterprise can be efficient for
encouraging them towards services. It is also able to build up society's trust with its services and
increasing demand for it on large scale. However, it will be effective for organisation to make
good relationship with and implementing service qualities of the organisation.
3
IT is beneficial in developing strong relationship with consumers. With the assistance of
information technology Nisa Ltd. Can keep record of all customers. It helps in analysing their
trends and preferences by this way entity can offer them products as per their requirements. This
helps in resolving their issues soon that develops strong relationship with customers.
Recording of customers' opinions on business operations of the enterprise can be done
systematically on which decisions are made regarding business activities. It influences
production and distribution system of the entity also linked with profitability and
competitiveness for longer time period. In this regard, various tools are determined for customer
relationship management and presenting all innovations to them affect business activities
(Alekseev and et.al., 2016). Therefore, using information processing system affect management
of business operations and attracting them towards its services on large scale. Therefore, it is
recognised that information technology systems are essential for establishing and maintaining
relations with customers effectively. It influences productivity, profitability and marketability of
the entity as well demand for services. However, inventory management and entire business
operations are managed efficiently related with further implementations at maximum level.
Techniques to adopt for data management
For managing data, different techniques are used in information technology sector such
as; spreadsheet, company's portal, email and social networking platforms. However, different
techniques are used for communicating data as decision support system (DSS), Management
Information System (MIS) and transaction processing system (TPS). However, recorded are also
easy to share from place to place for which decisions are made efficiently impact on further
operations. It is beneficial for decision making and presenting organisation's performance
systematically (Raghupathi and Raghupathi, 2014). In this regard, proper documents are made
for recording each financial transaction including selling, purchasing and performance of
employees. Including this, actual market position and potential of Nisa Ltd to face competition
and sustaining its position is determined. Thus, management of entire business is done through
this process by which different ideas are generated for improving business performance and
quality products of the entity.
Data management is most important part of business unit, through information
technology entity can manage data well. There are many software such as decision support
4
information technology Nisa Ltd. Can keep record of all customers. It helps in analysing their
trends and preferences by this way entity can offer them products as per their requirements. This
helps in resolving their issues soon that develops strong relationship with customers.
Recording of customers' opinions on business operations of the enterprise can be done
systematically on which decisions are made regarding business activities. It influences
production and distribution system of the entity also linked with profitability and
competitiveness for longer time period. In this regard, various tools are determined for customer
relationship management and presenting all innovations to them affect business activities
(Alekseev and et.al., 2016). Therefore, using information processing system affect management
of business operations and attracting them towards its services on large scale. Therefore, it is
recognised that information technology systems are essential for establishing and maintaining
relations with customers effectively. It influences productivity, profitability and marketability of
the entity as well demand for services. However, inventory management and entire business
operations are managed efficiently related with further implementations at maximum level.
Techniques to adopt for data management
For managing data, different techniques are used in information technology sector such
as; spreadsheet, company's portal, email and social networking platforms. However, different
techniques are used for communicating data as decision support system (DSS), Management
Information System (MIS) and transaction processing system (TPS). However, recorded are also
easy to share from place to place for which decisions are made efficiently impact on further
operations. It is beneficial for decision making and presenting organisation's performance
systematically (Raghupathi and Raghupathi, 2014). In this regard, proper documents are made
for recording each financial transaction including selling, purchasing and performance of
employees. Including this, actual market position and potential of Nisa Ltd to face competition
and sustaining its position is determined. Thus, management of entire business is done through
this process by which different ideas are generated for improving business performance and
quality products of the entity.
Data management is most important part of business unit, through information
technology entity can manage data well. There are many software such as decision support
4
system, MIS, TPS etc. that help in keeping record and managing them. This aids in minimizing
issues such as duplication of data, repetition of resources etc. In MIS manager of Nisa Ltd can
maintain all the data and can enter details of input and output. That helps in managing data well.
For systematic recording of data, tools are used as using Microsoft excel sheet and
implementing data base management system. In this process, all financial transactions, business
performances, market position, competitiveness of the entity are recorded systematically on
which decisions are determined. Moreover, actual performance of the entity is recognised for
decision making and communicating to improve its services and effectiveness. Apart from this,
for hypothesis on recorded techniques are used as Chi square test and other hypothetical tests.
Including this, other techniques are used as ANOVA for analysis of data and further decisions
for business operations of Nisa Ltd (Moniruzzaman and Hossain, 2013). Thus, for managing data
and organisation's performance, these tools and techniques are used which are helpful for
decision making and further implementations efficiently.
Techniques to adopt for communication management
For communicating data, techniques are used as DSS, MIS and TPS which are used by
managers and employees of any organisation. In brief, these techniques can be understood as
follows:
ï‚· DSS: This information processing tool is used by top level managers of the enterprise like
CEO, COO, Managing director and others who made decisions regarding business
operations. They communicate with each other and find out solutions for reducing issues
occurred in business operations. Including this, they contact through email and special
tools for communicating and data sharing as well making decisions for company's
effectiveness (Information Technology, 2017).
ï‚· MIS: This information system is used by middle level managers of the organisation like
different departments' managers including finance, production and operations, risk
management and so on. They discuss organisation's performance with higher level
managers as well suggest lower level employees towards services of entity and improving
them at higher level. Therefore, MIS as information processing tool plays vital role in
sharing data and working as middle chain for business operations (Schwalbe, 2015).
5
issues such as duplication of data, repetition of resources etc. In MIS manager of Nisa Ltd can
maintain all the data and can enter details of input and output. That helps in managing data well.
For systematic recording of data, tools are used as using Microsoft excel sheet and
implementing data base management system. In this process, all financial transactions, business
performances, market position, competitiveness of the entity are recorded systematically on
which decisions are determined. Moreover, actual performance of the entity is recognised for
decision making and communicating to improve its services and effectiveness. Apart from this,
for hypothesis on recorded techniques are used as Chi square test and other hypothetical tests.
Including this, other techniques are used as ANOVA for analysis of data and further decisions
for business operations of Nisa Ltd (Moniruzzaman and Hossain, 2013). Thus, for managing data
and organisation's performance, these tools and techniques are used which are helpful for
decision making and further implementations efficiently.
Techniques to adopt for communication management
For communicating data, techniques are used as DSS, MIS and TPS which are used by
managers and employees of any organisation. In brief, these techniques can be understood as
follows:
ï‚· DSS: This information processing tool is used by top level managers of the enterprise like
CEO, COO, Managing director and others who made decisions regarding business
operations. They communicate with each other and find out solutions for reducing issues
occurred in business operations. Including this, they contact through email and special
tools for communicating and data sharing as well making decisions for company's
effectiveness (Information Technology, 2017).
ï‚· MIS: This information system is used by middle level managers of the organisation like
different departments' managers including finance, production and operations, risk
management and so on. They discuss organisation's performance with higher level
managers as well suggest lower level employees towards services of entity and improving
them at higher level. Therefore, MIS as information processing tool plays vital role in
sharing data and working as middle chain for business operations (Schwalbe, 2015).
5
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ï‚· TPS: Under this processing system, information are shared by lower level employees
who follow instructions given by higher authorities. They get information manually and
through email, notice board system of the enterprise. Therefore, their working and
contribution is essential for organisation's effectiveness.
Thus, using information technology systems are essential for decision making and
implementing activities for the further years. It improves communication process and data
sharing among all employees of the firm. Through analysing these significances of processing
tools in decision making for enterprise, it is to suggested for Nisa Ltd to adopt these technologies
and implementing plans for its effectiveness and proper management (Lloyd, 2017). It is linked
with business performance and communication ways to share data and appropriate decision
making regarding business activities affect profitability. Hence, information processing tools are
efficient for clear and improved communication by which effective strategies are prepared
regarding business activities and their developments. Therefore, Nisa Ltd should adopt these
techniques in its business operations for sharing data and appropriate decision making in the
future time.
P4 Evaluation of Information technological system for making improvement in business
operations, sustainability and performance of Nisa Ltd
It is considered that information technology systems are essential for supporting value
added changes. It influences business improvements, quality services and increasing efficiency
of the enterprise. However, proper data can be recorded and maintained for decision making and
implementing business operations. It is useful for easy and convenient operations and icnraesing
time for business activities in appropriate time. Therefore, all recorded data are analysed
effectively by which decisions made for business activities and managing all operations
(Galegher, Kraut and Egido, 2014). It influences profit earning capacity, marketability and
competitiveness of the enterprise affect generates variety of ideas for its effectiveness and
creating business operations more effectively. Therefore, IT systems are essential for recording
and managing efficiently as well increasing its efficiency on larger scale.
Information technology system helps in making valuable changes in the business unit and
improving its business performance to great extent. Through IT system Nisa can analyses cost
against benefits. This assist in making necessary changes in the system and improving
6
who follow instructions given by higher authorities. They get information manually and
through email, notice board system of the enterprise. Therefore, their working and
contribution is essential for organisation's effectiveness.
Thus, using information technology systems are essential for decision making and
implementing activities for the further years. It improves communication process and data
sharing among all employees of the firm. Through analysing these significances of processing
tools in decision making for enterprise, it is to suggested for Nisa Ltd to adopt these technologies
and implementing plans for its effectiveness and proper management (Lloyd, 2017). It is linked
with business performance and communication ways to share data and appropriate decision
making regarding business activities affect profitability. Hence, information processing tools are
efficient for clear and improved communication by which effective strategies are prepared
regarding business activities and their developments. Therefore, Nisa Ltd should adopt these
techniques in its business operations for sharing data and appropriate decision making in the
future time.
P4 Evaluation of Information technological system for making improvement in business
operations, sustainability and performance of Nisa Ltd
It is considered that information technology systems are essential for supporting value
added changes. It influences business improvements, quality services and increasing efficiency
of the enterprise. However, proper data can be recorded and maintained for decision making and
implementing business operations. It is useful for easy and convenient operations and icnraesing
time for business activities in appropriate time. Therefore, all recorded data are analysed
effectively by which decisions made for business activities and managing all operations
(Galegher, Kraut and Egido, 2014). It influences profit earning capacity, marketability and
competitiveness of the enterprise affect generates variety of ideas for its effectiveness and
creating business operations more effectively. Therefore, IT systems are essential for recording
and managing efficiently as well increasing its efficiency on larger scale.
Information technology system helps in making valuable changes in the business unit and
improving its business performance to great extent. Through IT system Nisa can analyses cost
against benefits. This assist in making necessary changes in the system and improving
6
operations. So that entity become able to perform well in the market and satisfying needs of
customers. That aids in gaining competitive advantage to the business. Though use of IT system
increase operational cost but it also beneficial in reducing errors which increase value for
organization.
In addition to this, different ideas are recognised for cost effectiveness, reducing expenses
and increasing sales revenue of the enterprise. It supports value added chain as managing entire
business activities appropriately for the enterprise and decision making for its implementation.
Moreover, innovative techniques are used for increasing profit earning, competitiveness of the
enterprise. Apart from this, it is effective for organisation's growth, profitability and managing
operations systematically. Thus, information processing tools are essential for sharing data and
making decisions for their implementations effectively. It is linked with determining issues and
finding out solutions to reduce them (Chakravarty, Grewal and Sambamurthy, 2013). Therefore,
all business operations can manage efficiently for which decisions are made regarding its
operations. However, variety of decisions are made for its business strategies and further
implementations. In addition to this, significance of information tools are determined for which
management of entire operations is possible efficiently. Along with this, value added chain
system of the enterprise is recognised that is linked with further operations and decisions for
organisation's effectiveness and increasing profitability as well able to reduce business problems
of the enterprise.
On the basis of these importances, it is recognised that business issues occurred in Nisa
Ltd will be reduced efficiently if it implements further strategies. However, all financial
transactions can be recorded and managed efficiently by which ideas are generated to increase its
efficiency. In addition to this, it is efficient to manage all business operations and implementing
them effectively for the further years. In this process, all transactions can be recorded
systematically by which profitability, marketability and competitiveness of the entity can
improve. Thus, information techniques and their usefulness are efficient for its effectiveness and
longer term sustainability in competitive market (Moniruzzaman and Hossain, 2013).
P5 Practical IT solutions for common business problems within Nisa Ltd
Common business problems such as mismanagement of production and distribution
system, improper recording of data, disclosing confidentially and losing data can be reduced
7
customers. That aids in gaining competitive advantage to the business. Though use of IT system
increase operational cost but it also beneficial in reducing errors which increase value for
organization.
In addition to this, different ideas are recognised for cost effectiveness, reducing expenses
and increasing sales revenue of the enterprise. It supports value added chain as managing entire
business activities appropriately for the enterprise and decision making for its implementation.
Moreover, innovative techniques are used for increasing profit earning, competitiveness of the
enterprise. Apart from this, it is effective for organisation's growth, profitability and managing
operations systematically. Thus, information processing tools are essential for sharing data and
making decisions for their implementations effectively. It is linked with determining issues and
finding out solutions to reduce them (Chakravarty, Grewal and Sambamurthy, 2013). Therefore,
all business operations can manage efficiently for which decisions are made regarding its
operations. However, variety of decisions are made for its business strategies and further
implementations. In addition to this, significance of information tools are determined for which
management of entire operations is possible efficiently. Along with this, value added chain
system of the enterprise is recognised that is linked with further operations and decisions for
organisation's effectiveness and increasing profitability as well able to reduce business problems
of the enterprise.
On the basis of these importances, it is recognised that business issues occurred in Nisa
Ltd will be reduced efficiently if it implements further strategies. However, all financial
transactions can be recorded and managed efficiently by which ideas are generated to increase its
efficiency. In addition to this, it is efficient to manage all business operations and implementing
them effectively for the further years. In this process, all transactions can be recorded
systematically by which profitability, marketability and competitiveness of the entity can
improve. Thus, information techniques and their usefulness are efficient for its effectiveness and
longer term sustainability in competitive market (Moniruzzaman and Hossain, 2013).
P5 Practical IT solutions for common business problems within Nisa Ltd
Common business problems such as mismanagement of production and distribution
system, improper recording of data, disclosing confidentially and losing data can be reduced
7
using information technology systems. Therefore, all financial transactions can be managed
efficiently also impact on their effectiveness. Moreover, it is suitable for communicating data
from one place to another using email, social networking sites, company's portal and so on.
However, using these techniques affect effectiveness of entity and different ideas are generated
for recording information and implementing decisions for profit earning capacity, market
position and competitiveness of the enterprise. Therefore, business problems of organisation can
be reduced through this process linked with communication, production and distribution of its
goods and services and so on. Including this, it makes business operations more easy and
convenient which are able to manage each financial transaction (Tiwana, Konsynski and
Venkatraman, 2013). Therefore, its economic issues can be reduced as well sales revenue can
increase affect further implementations and efficiency of business entity at maximum level.
IT system is supportive and helpful in resolving business problems. The main issue
occur in business unit related to allocation of resource. If it is not being done properly then risk
such as inadequance of funds etc. issues may take place. By using information technology, MIS
software Nisa Ltd can manage its resources and can examine the resources and its benefits. That
help in making sound business decisions. Cited firm should use DSS, MIS and TPS for
recording of data, that help in minimizing errors and maintaining security as well. By using these
tool Nisa will be able to enhance its business problems. By this way issues related to shortage of
funds, increase operational cost type of risk can be avoided.
However, all recorded data can be managed and exchanged to number of employees
mutually. It impacts on appropriate decision making, clear and effective communication,
reducing problems of the entity and managing all tools effectively. Thus, IT solutions are
efficient and developing for the further years. It is linked with managing business operations and
creating balance in business operations affect further implementations (Wang, Chen and Benitez,
2015). Hence, information processing tools are efficient to increase productivity and profitability
of the enterprise as well appropriate decision making regarding organisation's effectiveness and
marketability at maximum level.
CONCLUSION
It is concluded that information technologies are essential for recording and maintaining
data regarding business operations of Nisa Ltd. In this regard, its usefulness and role in
8
efficiently also impact on their effectiveness. Moreover, it is suitable for communicating data
from one place to another using email, social networking sites, company's portal and so on.
However, using these techniques affect effectiveness of entity and different ideas are generated
for recording information and implementing decisions for profit earning capacity, market
position and competitiveness of the enterprise. Therefore, business problems of organisation can
be reduced through this process linked with communication, production and distribution of its
goods and services and so on. Including this, it makes business operations more easy and
convenient which are able to manage each financial transaction (Tiwana, Konsynski and
Venkatraman, 2013). Therefore, its economic issues can be reduced as well sales revenue can
increase affect further implementations and efficiency of business entity at maximum level.
IT system is supportive and helpful in resolving business problems. The main issue
occur in business unit related to allocation of resource. If it is not being done properly then risk
such as inadequance of funds etc. issues may take place. By using information technology, MIS
software Nisa Ltd can manage its resources and can examine the resources and its benefits. That
help in making sound business decisions. Cited firm should use DSS, MIS and TPS for
recording of data, that help in minimizing errors and maintaining security as well. By using these
tool Nisa will be able to enhance its business problems. By this way issues related to shortage of
funds, increase operational cost type of risk can be avoided.
However, all recorded data can be managed and exchanged to number of employees
mutually. It impacts on appropriate decision making, clear and effective communication,
reducing problems of the entity and managing all tools effectively. Thus, IT solutions are
efficient and developing for the further years. It is linked with managing business operations and
creating balance in business operations affect further implementations (Wang, Chen and Benitez,
2015). Hence, information processing tools are efficient to increase productivity and profitability
of the enterprise as well appropriate decision making regarding organisation's effectiveness and
marketability at maximum level.
CONCLUSION
It is concluded that information technologies are essential for recording and maintaining
data regarding business operations of Nisa Ltd. In this regard, its usefulness and role in
8
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management of business operations and its effectiveness has been understood. Moreover,
different tools used for maintaining data and making decisions for business' effectiveness,
profitability and competitiveness is determined. In addition to this, variety of ideas are generated
for implementing strategies and further business operations of the entity. Therefore, significance
of IT systems in business operations of the organisation has been understood effectively.
9
different tools used for maintaining data and making decisions for business' effectiveness,
profitability and competitiveness is determined. In addition to this, variety of ideas are generated
for implementing strategies and further business operations of the entity. Therefore, significance
of IT systems in business operations of the organisation has been understood effectively.
9
REFERENCE
Books and Journal
Alekseev, A.A. and et.al., 2016. Efficient data management tools for the heterogeneous big data
warehouse. Physics of Particles and Nuclei Letters, 13(5), pp.689-692.
Bloom and et.al., 2014. The distinct effects of information technology and communication
technology on firm organization. Management Science. 89(12). pp.2859-2885.
Chakravarty, A., Grewal, R. and Sambamurthy, V., 2013. Information technology competencies,
organizational agility, and firm performance: Enabling and facilitating roles. Information
Systems Research. 67(4). pp.976-997.
Galegher, J., Kraut, R.E. and Egido, C., 2014. Intellectual teamwork: Social and technological
foundations of cooperative work. Psychology Press.
Lloyd, I., 2017. Information technology law. Oxford University Press.
Moniruzzaman, A.B.M. and Hossain, S.A., 2013. Nosql database: New era of databases for big
data analytics-classification, characteristics and comparison. arXiv preprint
arXiv:1307.0191. 89(6). pp.90.
Pabinger and et.al., 2014. A survey of tools for variant analysis of next-generation genome
sequencing data. Briefings in bioinformatics. 78(2). pp.256-278.
Raghupathi, W. and Raghupathi, V., 2014. Big data analytics in healthcare: promise and
potential. Health information science and systems. 8(1). pp.3.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Tiwana, A., Konsynski, B. and Venkatraman, N., 2013. Special issue: Information technology
and organizational governance: The IT governance cube. Journal of Management
Information Systems. 78(3).pp.7-12.
Wang, Y., Chen, Y. and Benitez-Amado, J., 2015. How information technology influences
environmental performance: Empirical evidence from China. International Journal of
Information Management. 67(2). pp.160-170.
Online
10
Books and Journal
Alekseev, A.A. and et.al., 2016. Efficient data management tools for the heterogeneous big data
warehouse. Physics of Particles and Nuclei Letters, 13(5), pp.689-692.
Bloom and et.al., 2014. The distinct effects of information technology and communication
technology on firm organization. Management Science. 89(12). pp.2859-2885.
Chakravarty, A., Grewal, R. and Sambamurthy, V., 2013. Information technology competencies,
organizational agility, and firm performance: Enabling and facilitating roles. Information
Systems Research. 67(4). pp.976-997.
Galegher, J., Kraut, R.E. and Egido, C., 2014. Intellectual teamwork: Social and technological
foundations of cooperative work. Psychology Press.
Lloyd, I., 2017. Information technology law. Oxford University Press.
Moniruzzaman, A.B.M. and Hossain, S.A., 2013. Nosql database: New era of databases for big
data analytics-classification, characteristics and comparison. arXiv preprint
arXiv:1307.0191. 89(6). pp.90.
Pabinger and et.al., 2014. A survey of tools for variant analysis of next-generation genome
sequencing data. Briefings in bioinformatics. 78(2). pp.256-278.
Raghupathi, W. and Raghupathi, V., 2014. Big data analytics in healthcare: promise and
potential. Health information science and systems. 8(1). pp.3.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Tiwana, A., Konsynski, B. and Venkatraman, N., 2013. Special issue: Information technology
and organizational governance: The IT governance cube. Journal of Management
Information Systems. 78(3).pp.7-12.
Wang, Y., Chen, Y. and Benitez-Amado, J., 2015. How information technology influences
environmental performance: Empirical evidence from China. International Journal of
Information Management. 67(2). pp.160-170.
Online
10
Information Technology. 2017. [Online]. Available through: <http://www.itdesk.info/Basic
%20Concepts%20of%20Information%20Technology%20notes.pdf>. [Accessed on 18th
October 2017].
11
%20Concepts%20of%20Information%20Technology%20notes.pdf>. [Accessed on 18th
October 2017].
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