Management Information System PDF

Running head: MANAGEMENT INFORMATION SYSTEM
Management Information System
Name of the Student
Name of the University
Author’s Note

MANAGEMENT INFORMATION SYYSTEM1
This study aims to discuss the importance of information technology in the organization
IVK and the newly promoted CIO, Jim Barton was asked to address the quarries by the CEO,
Carl William. According to the perspective of Jim, information technology has the vital impact
on the operations of the business. No matter what is the size of the organization, information
technology has multiple benefits, which will help the organization in making money and
producing the outcomes of the customer’s demand. Information technology ensures to secure the
trade advantages and confidential information (Bloom et al., 2014). It affects the relationship,
efficiency and the culture of the business. It drives the innovation to the path of success.
Business innovation has the same effect on the revolution of industry.
According to Jim, there are multiple vital aspects of information technology in business
for which the organization needs to invest money on the information technology are:
Communication and collaboration with customers
At first, information technology influences the ability of the organization in
communicating and collaborating with their customer. Therefore, this is very vital for the
employees of the organization to interact with the customers clearly and quickly. The websites
over the internet allows the clients to find out the answers of their question at any time (Liu &
Wang, 2014). Quick shipment option on the website will allow the business in moving the
service or products over the wide geographic region (Marchewka, 2016). When the clients will
use the technology for interacting with the business, that will be beneficial for the business as
better and clear interaction will create the strong image to the public.
Operations Efficiency

MANAGEMENT INFORMATION SYYSTEM2
Information technology helps the organization to understand the needs of the cash flow
and helps in preserving the vital resources like physical space and time. Information technology
in the warehouses inventory helps the business to understand the best way to handle the cost of
the storage (Nguyen, Newby & Macaulay, 2015). With the adequate technology in the place, the
staffs of the organization can save money and time by holding meeting through various online
video calling websites instead of the corporate headquarters.
Research Capacity
The business, which has technological capacity for researching, new opportunities will
come (Liu & Wang, 2014). For the business for surviving, this should acquire and grow the new
opportunities. Information technology with the help of internet allows the business to travel
virtually into the market without any cost and risk.
Security
The businesses are subjected to the vandalism and security threats. Information
technology protects the proprietary information, confidential executive decisions and financial
data, which leads to the competitive advantages (Safa et al., 2015). Information technology helps
the business in keeping the ideas away from the competition. Having the password protected
system; the organization can ensure that no forthcoming projects can be copied by any
competition.
According to Jim, the organization can wait and take any other organization the lead but
there will be many issues with the organization for which, implementation of information
technology is very vital. In the year 2008, a financial crisis occurs in the organization and the
information system backed in basement. Beside that in June, a malware attack occurred in the