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Managing Information and Technology

This assignment is an essay on the role of Information Systems in business.

11 Pages2559 Words94 Views
   

Added on  2023-01-12

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This report explores the categories of information systems, such as MIS and DSS, and the benefits of ERP systems in real-life business. It emphasizes the importance of managing information and technology for enhancing business performance.

Managing Information and Technology

This assignment is an essay on the role of Information Systems in business.

   Added on 2023-01-12

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Managing Information
and Technology
Managing Information and Technology_1
TABLE OF CONTENT
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................4
TASK 1.......................................................................................................................................................4
Categories of information system............................................................................................................4
TASK 2.......................................................................................................................................................5
ERP Systems...........................................................................................................................................5
Benefits of ERP systems in real life business..........................................................................................7
TASK 4.......................................................................................................................................................8
Conclusion and recommendations...........................................................................................................8
REFERENCES..........................................................................................................................................10
Managing Information and Technology_2
INTRODUCTION
Managing information and technology is one of the most vital forces to build innovation
and efficient functioning in company, where due to growing dynamic business cultures there is
strong demand for progressive development. Enterprise Resource Planning (ERP) system plays
key role in managing and controlling organizations functioning and wide information resourcing.
Companies with innovative ERO systems can gain enhanced reach towards data collection,
organizations capabilities to serve high quality standards and services to customer segments
around world. This report in detail explains the various categories of information systems in
which companies can invest their capital for gaining competitive place among other brands, as IT
services are highly important for enabling high profitability goals. The report has brought various
benefits of ERP systems in real life business which gives high speed and instant services to
customers and strongly promotes through various parameters among consumers around world.
Report aim is to effectively construct importance of various networking segments in business
which have benefitted from Information technology and managing the operational structures
with large efficiency (Aasheim, Li and Williams,2019). Objectives can be analyzed on the fact
that information technology integration is not only injects the fuel of creativity with research,
manifests the determinants which are highly operational in company to grow with expansion.
The report explains various scenarios of research, growth and the synergy of innovative
production which is brought within competitive industry of various companies. Managing
information and technology evolves overall performance within company where creative
parameters are highly important to leverage strong customer base goodwill and strong developed
skilled workforce. When the technology is efficient within internal structure company gains
strong position and has negligible impacts from macro environment where growth and dynamic
situations are highly adaptive and committed to bring revolution. These factors are the strong
determinants which explain how relatively it becomes explicitly important to grow with
information technology and its ability to transforms business performance in company.
Managing Information and Technology_3
MAIN BODY
TASK 1
Categories of information system
There are various types of information systems which can be segregated on various
parameters and their functional abilities to transform management models , the scenarios in
which they are operating within which help in overall enhancement.
Management Information Support (MIS)
Management Information system (MIS) is one of the most innovative information system
used by tactical managers in monitoring current performance status with advanced technology
integration and machinery methods. Output generated from transactions processing units is used
as input to MIS where the system analyzes inputs produced with aggregate algorithms and
summarizes results generated for predicting future performance. Inputs from sale among market
share can be used to get vital information for higher production and strong profitability
generation in future. The information system will enable managers at various platforms to gain
insights on inventory requirements, analyzing what products are able to attract customers and the
various changes which need to be integrated for long term sustainability. Sales management,
budgeting inputs with MIS will enable top managers to get an overview of how much capital
shall be put for optimum utilization of resources on long term basis. Human resource department
can use the MIS networking methods to gather commitment within employees through
motivation, training and development platforms which will improve overall functional abilities
and construct strong brand image (Logan, 2020).
Decision Support System (DSS)
This information system is highly efficient and effective in implementation which
enables top management to get strong details on all working scenarios in internal and external
business world which impacts the overall productivity within output generation. Top managers
use this information system to take strategic decisions which are not in regular structure of
company and are suddenly worked towards. This system analyzes various networks which will
Managing Information and Technology_4

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