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Managing the Information and Technology Assignment Solved

   

Added on  2020-11-12

13 Pages2541 Words70 Views
Managing the information andtechnology

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Categories of IS............................................................................................................................1ERP system..................................................................................................................................3Benefits of ERP system in Real-life business..............................................................................4CONCLUSION................................................................................................................................5RECOMMENDATION...................................................................................................................5REFERENCES................................................................................................................................7

INTRODUCTIONInformation system is information and communication technology which allows theinteraction and communication within organization that supports various business functions. ISmainly aimed at supporting the operations, management, and decision-making withinorganization. This study will present various different types of information system such astransaction processing system, Management information system, Decision support system, AI(Artificial intelligence) techniques etc. The report will also provide the role of Enterpriseresource planning system and its benefits in real-life business. It will mainly focus at describingdifferent types of IT solutions which supports the growth and sustainable development of theenterprise. The easy will also be describing about the implementation of various IT solutions inthe form of MIS, TPS, DSS system which will derive the company towards the growth andsuccess and it will result in sustainable developmentMoreover, This report is aimed at developing the Information system within theorganization which supports efficiency, productivity and improved business practices in order tomaximise the profitability. The main objectives of this study is entertaining different types ofinformation system in order to strengthen the strategic business objectives. However, IT plays anintegral part in every industry and helping the companies in achieving the cost effectiveness,derives the growth in revenue and maintains the competitive advantage in market place.Although, computerised system maintains the market information and helps the company ininnovating new products in order to sustain for the longer time (Arasu and et.al., 2015). It willbenefit the firm in marketing research and also helps in identifying the needs and requirements ofthe users which will support the organization in meeting the successful goals of demands andsupply. In addition to this, the easy is mainly aimed at developing a complete understandingabout TPS, DSS and MIS system. It helps in developing a complete understanding regarding theuse of such system and its benefits in the business.MAIN BODYCategories of ISA commuter information system is composed of people as well as computers that processor interprets the information. It can be generally referred as a study of systems with a specificreference to complementary networks of hardware and software which is used by theorganizations in order to filter, collect, distribute and process the data (Fountas and et.al., 2015).1

IS mainly aimed at supporting the operation, management and decision-making which respect toinformation and communication technology which provides the way in which people generallyinteract with technology in order to proceed the business process. Information system consists ofvarious different types of systems which are described below:TPS (Transaction process system)TPS is mainly used to record data base of the business which allows the organization tostore day to day business transactions. This system is generally used by employees which areinvolved in the operational level. The main objectives of TPS is to maintain the informationregarding the day to day operations such as value of the printer which is sold today, cost of theavailable inventory, expenses on tea coffee or breakfast, outstanding dues of the creditors etc.This system records and answers to all day to day expenses and earnings of the firm in timelymanner (Gao and et.al., 2019). So this allows the operation manager in determining the updatedstatus and also allows them to take the decisions regarding the structure and routine tasksproperly. Moreover, TPS system involves the collection, modification and retrieval of alltransaction data. Character-sticks of TPS system are as follows:Improvising the business performanceIt allows the reliability and consistency in operations of business.Efficient retrieval and effective data processingMIS (Management information system)Management information system are mainly used for the tactical managers in order todetermine the performance of the business. MIS uses the output from the TPS system in order tomanage the various tasks and activities of business effectively. This system analyses the inputwith routine algorithms and then delivers the actual result. MIS aggregate, compares andsummarise the result and deliver the final report which is used by the tactic managers whichallows them to control, monitor and predict the future performance. MIS includes Salesmanagement system, Budgeting system, Human resource management system etc.DSS (Decision Support system)This system allows the senior management to establish the strategies and tactics in orderto improve the comprehensive business performance (Hu and et.al., 2019). This allows the seniormanagement to take non-routine decisions and this system uses the information from the internal2

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