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Managing Information and Technology in a Real Life Business

   

Added on  2023-01-12

9 Pages2495 Words65 Views
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Essay
Managing Information and Technology in a Real Life Business_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Categories of Information systems.........................................................................................1
ERP Systems..........................................................................................................................3
The benefits of ERP systems in a real life business...............................................................4
Recommendations..................................................................................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................7
Managing Information and Technology in a Real Life Business_2

INTRODUCTION
In present era, it is becoming essential for all organisations to manage the available
information addition to technology effectively. Managing information is concerned with
information system that is particularly used to make decision as well as coordinating, controlling,
scrutinizing together with visualizing available information in business (Abrams, Chen and
Downton, 2018). Moreover, it is related to collecting and controlling of data from various
sources and distributing the same to the audiences. Similarly, managing technology engrosses
scheduling, scheming, optimising, functioning and controlling technological elements. It aims to
capitalize on cost effectiveness of investments to develop technology that contributes towards
organisational values. It involves set of disciplines which permits entities to manage
fundamentals related to technology for the purpose of creating competitive benefits. It plays
crucial function of understanding significance of certain technologies for the business concerns.
To understand in detail about managing information along with technology, Morgan Motors
Company is considered which is a motor car manufacturer having headquarters at Malvern,
United Kingdom since 1910. The company provides antidote to wide manufactured automotive
and brings exceptional tradition craftsmanship mix with suitable modern technology. The essay
discusses distinct categories of information system and ways in which ERP Systems plays role in
managing along with controlling business side information streams. It also covers various
advantages that using ERP Systems in real business which improves data collection together
with dissemination capabilities of entity. Main aim of the essay is to collect and evaluate insights
related to different information system types and function of ERP system to manage and control
various information streams. Moreover, objective of the essay is to gain understanding in context
to information systems, ERP systems and advantages of using them within real life company in
present context.
MAIN BODY
Categories of Information systems
Information system is termed to formal and organisational system that is specially designed
for the purpose to collect, process, store, retrieve and share information (Bryant, 2019). In other
words, it is mentioned as integrated set of elements to gather, store together with process data so
that information, knowledge as well as digital commodities are shared within the business. It
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Managing Information and Technology in a Real Life Business_3

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