Report on Business Information System: Evaluation and Analysis

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This report provides a comprehensive overview of Business Information Systems (BIS), exploring its significance and impact on businesses. The report begins with an introduction defining BIS and outlining the aim, objectives, and research questions. A thorough literature review examines the role of BIS in enhancing business processes, improving decision-making, and maintaining a competitive edge. The research methodology section details the research philosophy, design, approach, strategy, data collection methods, sampling techniques, and ethical considerations. The report also addresses potential limitations. The conclusion summarizes the key findings, emphasizing the importance of BIS in today's business environment. References to academic sources are included to support the analysis.
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BUSINESS INFORMATION
SYSTEM
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Table of Contents
INTRODUCTION...........................................................................................................................1
Aim .................................................................................................................................................1
Objective .........................................................................................................................................1
Research Questions..........................................................................................................................1
Literature review..............................................................................................................................1
Research Methodology....................................................................................................................2
Research philosophy...................................................................................................................2
Research design ..........................................................................................................................2
Research approach .....................................................................................................................3
Research strategy........................................................................................................................3
Data collection............................................................................................................................3
Sampling.....................................................................................................................................3
Ethical considerations.................................................................................................................4
Research Limitations...................................................................................................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
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INTRODUCTION
Business information system can be considered as a field of study or research that
considers the factors related to the information and communication technologies (ICT). These
systems help in improving the processes and procedures of the business, thus maximizing the
value and worth of the organisation as well by various means' ans methods (Trkman, 2010). It
includes the overall analysis of the information and data of the business. The system involves
core concepts such as operations, information systems etc. The proposal is about the importance
of the business information system in today's world and its contribution towards the economy of
the world.
Aim
To evaluate the effectiveness of business information system for the better ongoing of the
business
Objective
ï‚· To identify the concept of business information system.
ï‚· To determine the importance of business information system.
ï‚· To analyse the effect of business information system on the business.
ï‚· To recommend ways by which the effectiveness of the business information
system can be evaluated.
Research Questions
Q1. What is the actual concept of business information system?
Q2. What is the importance of the business information system?
Q3. What is the impact of business information system on the business.
Literature review
According to Gambardella and McGahan (2010), in the enterprises and economical
characterisation, these business information systems has an essential role. Various factors are
associated with it such as the global out sourcing, strategic procurement, global business
alliances and the physically distributed operation environment. () says these systems can help in
developing the standard and critical skills that are necessary for a proper and accurate
functioning of the technology driven and information based environment. Various companies
takes extra benefits of these information based systems as well and technologies for sharing the
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data and information for improving and maximizing the efficiency of the business. The process
further helps in an appropriate decision making process and also in maintaining the balance with
the competitors as well. There is a huge importance of these business information systems in the
businesses as it helps in improving the interaction level with the co workers, also it makes better
the quality of the operations. According to Romney and Steinbart (2012), the process helps as it
enables the managers for replying rapidly, thus making the decisions faster than ever and it
further helps in an improvised level of interaction between the two bodies. This also helps the
workers in collaborating the work and all operations in a systematic way. Every employee by
these means is free to communicate to anyone and also can discuss anything including the ideas
or the issues.
Research Methodology
Research is considered as a systematic approach of collecting the information and data
from various sources. Research methodology is termed as an analysis that is being applied to all t
he techniques and methods of the whole research and study (Zikmund and et.al, 2013). The
following research can be sub divided in two methodologies, qualitative as well as quantitative.
It involves various publication reviews, interviews etc. The data can be collected quantitatively
as well as qualitative. The qualitative methodology contains the data that is not numerical and the
quantitative contains just the tabular form or the numerical part.
Research philosophy
The research philosophy can be considered as a belief for the methods and techniques in
which the data can be collected, analysed and after all that, evaluated. It is of four types,
pragmatism, positivism, realism and the interpretivism. Positivism is termed as a stable state
which can be analysed from view point of a specific and positive objective. Interpretivism is
considered as the subjective interpretation which can be understand by the researcher easily. The
research philosophy will be helpful in describing the impact of business information system on
the business.
Research design
The research design refers to the complete strategy or plan that can help in implementing
the operations and other factors of the research. It is sub divided into four types, descriptive,
experimental, semi experimental and the co-relational. In this research, the researcher may use
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the descriptive method as the topic covers the whole evaluation of these business information
systems on different businesses.
Research approach
Research approach can be considered as the essential point between the two parts of it,
that is the inductive and the deductive. The deductive is termed as the theory testing which
associates surveys and data sets along with it whereas the inductive study is like theory
generating which is linked to the qualitative areas or studies (Zikmund and et.al, 2013).
Deductive approach can help the researcher in getting the capability of getting the accurate data
and information for checking the status.
Research strategy
The research strategy can be classified in two ways, quantitative as well as qualitative.
Quantitative research takes the help of numerical values or tables in order to achieve the target
whereas the qualitative takes the information from surveys and focused groups for achieving the
target. In this research, the qualitative as well as quantitative data will be helpful for the
researcher so that it will be easy to achieve the target.
Data collection
Data collection is a method of gathering the data from various sources. The data can be
either collected from primary as well as from secondary sources. Primary data is the data which
is being gathered at the first time whereas the secondary data is the data that has been already
collected by some other body (Scheer, 2012). The primary data is being collected from focused
groups, interviews, surveys and the secondary data is being collected by books, journals, online
etc. IN this research, the researcher can take data from primary sources as the information has to
be collected from various businesses, so secondary data will be used in this research.
Sampling
Sampling can be considered as a process that helps in estimating various factors from the
specific population (Gambardella and McGahan, 2010). It is of various types such as simple
random sampling (SRS), random, cluster, stratified and the convenience. The process identifies
the interest of the whole population, also specifying the sampling frame. In this research, the
researcher will make use of simple random sampling (SRS) for a better evaluation of the
statistics and data of the businesses and the impact of business information system.
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Ethical considerations
Ethics are considered as the standards or rules for conducting the specific data that helps
in differentiating between the right and the wrong. Ethical considerations are considered as an
important part of the research. These can be analysed at societal as well as personal levels.
Research Limitations
In any research, various factors can act as limitations as well. In this research, the
researcher have to keep in mind that the research must be completed within the deadline. If the
research will go for a long time, it is an obvious factor that it may take more resources which
means extra cost. So, the researcher will have to keep in mind these two factors, cost and time,
otherwise these factors can act as limitations for the research as well.
CONCLUSION
It can be concluded from the report that business information systems have a huge impact
on the businesses. Although it has various benefits, but along with it, various challenges are also
associated with it. Various methods have been used for the formulation of these issues. It
provides various beneficial features to the business.
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REFERENCES
Books and Journals
Gambardella, A. and McGahan, A. M., 2010. Business-model innovation: General purpose
technologies and their implications for industry structure. Long range planning, 43(2),
pp.262-271.
Gorla, N., Somers, T. M. and Wong, B., 2010. Organizational impact of system quality,
information quality, and service quality. The Journal of Strategic Information Systems,
19(3), pp.207-228.
Laudon, K. C. and Laudon, J. P., 2016. Management information system. Pearson Education
India.
Romney, M. B. and Steinbart, P. J., 2012. Accounting information systems. Boston: Pearson.
Scheer, A. W., 2012. Business process engineering: reference models for industrial enterprises.
Springer Science & Business Media.
Trkman, P., 2010. The critical success factors of business process management. International
journal of information management, 30(2), pp.125-134.
Weske, M., 2012. Business process management architectures. In Business Process Management
(pp. 333-371). Springer Berlin Heidelberg.
Zikmund, W. G. And et.al., 2013. Business research methods. Cengage Learning.
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