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Foundation of Information Systems Assignment

Added on - 23 Nov 2020

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FOUNDATIONOFINFORMATIONSYSTEMS
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................2Transaction processing system....................................................................................................2Importance of data representation...............................................................................................3CONCLUSION................................................................................................................................4
INTRODUCTIONInformation system is come out as a discipline that is afraid with the design, structure anduse of natural object that is based on information technology. Information systems are highlycritical for the survival and expansion of business organisations in competitive world. Acompetitive advantage is the acknowledgement that allows a company to outperform itscompetitors. This advantage provide benefit to the company for achieving superior margincompare to its competitors and generates values for xyz company and also for their shareholders.It must be challenging but not impossible to duplicate. It is easily applying or imitated, it is notreasoned a competitive advantage.Importance of competitive advantage associated with modern information systemA competitive advantage is an concept of the company that delivers prime products at alower cost than the competition or offers services and support at a right value than thecompetition. When applying competitive advantage in xyz company that time need to takecoordination and planning in each departments of the organisation. Modern information systemsa software that are using as new tools and technologies for helping to create, implement andpresented information regarding to market. It makes possible to complete all answer questionsand also helping to solving problems related to mission of the company. The importance ofcompetitive advantage useful when it related with modern information system, they are asfollows -Marketing– Using modern information system for competitive advantages so it helping toprovide all relevant information related to competitors and it will helping to recognise marketplace of the XYZ company. It helping to provide benefits for brand name for marketing effort.When launching new product in the market so it provides advantage relating to advertisementand effect show as increasing sales.Resources– If XYZ company reputation shows as an industry leader, so other companies areexpress an interest for partnership for related product. Information system software providehelping to stand theirNew markets– When company started business in new market so that time this software helpingto collect information existing company and provide help to set reputation in new market.Service differentiation– With the help of modern information system in competitive advantageknow about services that are different compare to XYZ company.1
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