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Value of Effective IT Systems

   

Added on  2021-02-19

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VALUE OF EFFECTIVE ITSYSTEMS
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Role of IT systems within different functions of an organisation and how IT systemscontribute....................................................................................................................................1to the accomplishment of objectives in the organisation ...........................................................1TASK 2............................................................................................................................................3Different ways through which IT systems process and store data efficiently:- .........................3TASK 3............................................................................................................................................4Evaluation of IT system in the improvement of operations, sustainability and performance ofthe business.................................................................................................................................4TASK 4............................................................................................................................................6Solutions for the common problems faced by the business organisation...................................6CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONIT Systems play an important role in the organisation. IT systems gain their relevance byprocessing the data from organisation's inputs to achieve information that is useful for organisingand managing the operations of the organisation. The British Home Plc is a leading mediumsized group of companies which has subsidiaries in various industries that provide travellingservices, consultancy services and renting services of properties. The British Home Plc also havesupermarkets in retail industry. This report includes the various uses of IT systems withindifferent functions or departments of British Home Plc and it also explains the contribution of ITsystems in accomplishment of goals of the company. This study also describes the various waysfor storing and processing data in these IT systems. It also determines the ways that IT systemscan use to support value added change for enhancing the performance sustainability andoperations of the business. This report also ascertains the various IT systems solutions that coverbusiness problems that may occur in the organisation. TASK 1Role of IT systems within different functions of an organisation and how IT systems contributeto the accomplishment of objectives in the organisation These days the role of IT Systems is increasing in the organisation as it helps in boostingthe performance and productivity of the organisation. By using IT systems, the British Home Plccan save money and time while making efficient decisions. With the proper use of IT systems,the internal departments or functions of British Home Plc can be performed effectively andefficiently like sales and marketing department can share and communicate information moreeasily(Cassidy, 2016). So IT systems can play a major role in various functions of British HomePlc which has been analysed below:-Role of IT systems in Marketing:-The marketing department of British Home Plc can use ITsystems in various ways. Since the social media is becoming more important for advertising soIT department may try to improve sales and revenue of British Home Plc by launching varioussocial media marketing campaigns on other platforms like Google AdWords. IT system also playan important role in Marketing research as with the increasing use of search engines it hasbecome possible to conduct online research about the most profitable opportunities as well asabout consumer trends(Wu and et.al., 2015). So the British Home Plc can use IT system formarketing research. IT department is becoming more instrumental in placing and processing of1
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orders made on the online stores as the use of computer and digital technologies have beenincreased to sell the products and services.Role of IT systems in Human Resource Department:-The IT system may also help the Humanresource department of British Home Plc in innumerable ways(Kavanagh and Johnson, 2017).With the help of IT systems the human resource department becomes more effective andefficient as communication with employees can be done quickly and even the training sessionscan be provided online without the need of papers which will ultimately help in saving cost andtime of British Home Plc.Role of IT systems in Finance Department:- The British Home Plc may use IT systems inconducting the functions of finance(Omotayo, 2015). These systems can be used for generatingfinancial reports and statements. IT systems can be used to support planning, budgetary anddecision making process as these systems are credited with enhancing financial efficiency,transparency and accountability. Role of IT system in Accounts Department:-Since the accounting function includes varioustypes of complex information and data and such data also comes in various dimensions. So inorder to control and manage such data British Home Plc may use IT systems such as database.This database helps British Home Plc to put the vast amounts of data in a storable format andeven in small space(Paré and et.al., 2015). With the help of IT systems British Home Plc maystore such type of data which is valuable and needs to be controlled so that the right people canaccess the data at the right time. And if the data would be properly stored and managed themanagement can make efficient decisions for the business. Contribution of IT systems in accomplishment of objectives:-IT systems may allow the British Home Plc to reduce transaction and implementationcosts as from word processing to email IT based solutions have allowed the companies to savethe costs of postage and duplication while improving and maintaining customer service andproduct quality(Dwivedi and et.al., 2015). Therefore, with the help of IT systems theBritishHome Plc can minimise the cost which ultimately lead to higher profits. The British Home Plc can also witness product requirements by gathering marketintelligence from sales and customers representatives and also from proprietary databases whichwill lead to effective product development. From innovations in microprocessors to effectivedrug delivery systems IT systems may help British Home Plc to satisfy all the customers2
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