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Information Technology Systems in Business

   

Added on  2021-06-14

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Professional Development
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Running head: INFORMATION TECHNOLOGY SYSTEMS IN BUSINESS1Information Technology Systems in BusinessStudent’s NameInstitutional Affiliations
Information Technology Systems in Business_1

INFORMATION TECHNOLOGY SYSTESM IN BUSINESS2Information Technology Systems in BusinessInformation technology falls under information system that involves using computerssystems for storing, retrieving, transmitting and manipulating information for example inbusiness or enterprise contexts. Information technology systems is therefore the umbrella termused to define people, systems and processes designed to create, storing, manipulating,distributing and disseminating information. It is worth noting that information systems can bebased on non-technological systems. There are different types of information technology systemsfor example expert systems, management information systems and transaction processingsystems. Every system has its specific use in the business environment. In the context of thisassignment, my focus will be on information technology systems and their application inbusiness (Laudon & Laudon, 2015). In today’s world, the business market environment is growing at a fast rate. Competition inthe market is based on how well a business can apply the current trends to attract its customers.Therefore, it is imperative that companies stay updated with the changing technology trends.Companies should consider information as an essential resource. Thus, information systemscome in to help business people achieve their goal of gaining competitive advantage in an ever-changing market environment. Information systems enable the managers to manage their businesses efficiently.Information systems are also crucial in marketing businesses, for example, the social mediamarketing. Additionally, communication within and out of business becomes easier wheninformation technology systems are applied. Another interesting fact about informationtechnology systems is that they can make decision making easier by providing data models and
Information Technology Systems in Business_2

INFORMATION TECHNOLOGY SYSTESM IN BUSINESS3statistical projections from analyzed data which help managers in making quality decisions. Thetransaction information system makes it easier for transactions to be done faster with most ofthese systems giving room for multiple transactions to be done simultaneously, thus makingwork easier.The information technology system is made of different components. Contrary to whatmost people assume, information technology systems include many elements apart from thetechnological components. The people involved in information technology system includemanagers and the employees. They are responsible for managing the systems. Also, theorganizational components of an information system cover the procedure and the processes inthe organization. The technology components of the information system include the computersoftware and hardware, databases, data warehouses and telecommunication Stair & Reynolds,2017). Information technology systems work by using the computers to manage businessinformation. Information management is very essential in business since it streamlines thecontrol of the business operations and makes it easier for managers to make right decisionsconcerning their businesses. Information systems use software, databases and hardware resourcesneeded in supporting the entire business process. Problems associated with information systems can be solved using a four-step approachto solving business problems. The model is essential since it helps in understanding the problemand identifying technological, organisational components and people that can aid in solving theproblem. The first step involves the identification of the problem whereby the manager finds outwhere the problem with the information system is. Secondly, a solution is designed. The
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