Information Systems and Competitive Advantage Report, XYZ Company

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Added on  2020/11/23

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This report examines the application of information systems to achieve competitive advantages for businesses, focusing on the XYZ company. It explores the significance of information systems in marketing, resource management, and new market entry, emphasizing the importance of competitive advantages. The main body delves into transaction processing systems (TPS), analyzing transaction data and system errors. The report also highlights the importance of effective data representation for decision-making. The conclusion recommends the use of information systems for gathering competitive intelligence, product differentiation, and strengthening customer relationships. The report underscores the role of information systems in achieving lower operational costs and a focus on market niches to drive business growth.
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FOUNDATION
OF
INFORMATION
SYSTEMS
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................2
Transaction processing system....................................................................................................2
Importance of data representation...............................................................................................3
CONCLUSION................................................................................................................................4
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INTRODUCTION
Information system is come out as a discipline that is afraid with the design, structure and
use of natural object that is based on information technology. Information systems are highly
critical for the survival and expansion of business organisations in competitive world. A
competitive advantage is the acknowledgement that allows a company to outperform its
competitors. This advantage provide benefit to the company for achieving superior margin
compare to its competitors and generates values for xyz company and also for their shareholders.
It must be challenging but not impossible to duplicate. It is easily applying or imitated, it is not
reasoned a competitive advantage.
Importance of competitive advantage associated with modern information system
A competitive advantage is an concept of the company that delivers prime products at a
lower cost than the competition or offers services and support at a right value than the
competition. When applying competitive advantage in xyz company that time need to take
coordination and planning in each departments of the organisation. Modern information systems
a software that are using as new tools and technologies for helping to create, implement and
presented information regarding to market. It makes possible to complete all answer questions
and also helping to solving problems related to mission of the company. The importance of
competitive advantage useful when it related with modern information system, they are as
follows -
Marketing – Using modern information system for competitive advantages so it helping to
provide all relevant information related to competitors and it will helping to recognise market
place of the XYZ company. It helping to provide benefits for brand name for marketing effort.
When launching new product in the market so it provides advantage relating to advertisement
and effect show as increasing sales.
Resources – If XYZ company reputation shows as an industry leader, so other companies are
express an interest for partnership for related product. Information system software provide
helping to stand their
New markets – When company started business in new market so that time this software helping
to collect information existing company and provide help to set reputation in new market.
Service differentiation – With the help of modern information system in competitive advantage
know about services that are different compare to XYZ company.
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Product differentiation – Competitors are modify their products for attracting customers in
huge numbers so for this using modern information technology that are collect all difference
between competitor and XYZ company product.
MAIN BODY
Transaction processing system
TPS1 TPS2 TPS3 TPS4 Total Lowest
Highes
t
Averag
e
Transactions 1000 1200 1400 1800 5400 1000 1800 1350
Re-Entry Required due
to system errors 71 2 105 19 197.1 2 105 49.275
Total Transactions 929 1197.9 1295 1781 5202.9 929 1781
1300.7
25
Blocks 18.58 23.958 25.9 35.62
104.05
8 18.58 35.62
26.014
5
Blocks per hour (8 hr
day)
252.322
5
302.99
475
353.23
75
454.45
25
1363.0
0725
252.32
3
454.45
3
340.75
18125
Profit 25232.3
36359.
4
47687.
13
68167.
95
177446
.78
25232.
3 68168
44361.
695
Last two digits of Student
ID 21
There is taking blocks hours according to daily profit is -
Blocks/hr Daily Profit
1 $100.00
2 $120.00
3 $135.00
4 $150.00
Totals Record Entered
2
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TPS1
TPS2
TPS3
TPS4
Total
Lowest
Highest
Average
0100020003000400050006000
929 1197.9 1295
1781
5202.9
929
1781
1300.725
Total Transactions
System errors
71
2.1
105
19
Re-Entry Required due to system errors
TPS1 TPS2 TPS3 TPS4
Interpretation – As per the above table there profit will be according 8 hours per day according to
daily profit in transaction performance system 1 is 25232.3, in TPS 2 in 36359.4, in TPS 3 in
47687.1, in TPS 4 in 68168. according to table there is lowest values in system errors is 2 and
highest value is 105.
Importance of data representation
Data representation is a technique that are presented in effective way for understand in
easily. There are some importance of correctly presenting data that are helping to easy decision
making -
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Most of the readers firstly focus on data presentation if it is present with effective way
and all sources are provided in correct way so they are easily understand data.
When presenting of data that time focus on concepts and interpretation of related data.
If data in systematic way so it shows that it is in correct way and all data are present
description of each item.
Data presentation time provide all research and frame work related to background.
When senior authorities are getting all data in accurate way so they are taking effective
decision that are helping for growth of the company.
CONCLUSION
When XYZ company using modern information system for competitive advantage so that
time have to access to special resources that are using in more efficient way and any other
company do not able to use so after that getting result in higher revenue growth, productivity or
profitability growth. All these results are helping to survive business in long term into higher
stock market valuations compare to their competitors. So applying modern information system in
competitive advantage recommended that -
With the help of information system easily gathering information about competitors of the
company and know products quality and prices.
Traditional competitors – Few competitors are already exist in the market so about them collect
information necessary and know space of the competitors in the company.
Substitute products and services – With the help of modern information system software collect
information about substitute products that are providing benefits of the company.
Low - cost leadership – In competitive advantage use modern information systems helping to
achieve lowest operational cost and the prices.
Focus on market niche – This software helping to modify a specific market focus and recognise
function of narrow target market for better than to their competitors. This strategy supports to
analysing and producing data related to marketing and sales techniques.
Product differentiation – It provides information about new products and services that are
launching by competitors and see effect of customer convenience.
Strengthen customer and supplier intimacy - This system helping to link with suppliers and
involvement with customers. XYZ company applying information system
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Business performance – It will supporting to business process for improving and it will
improving measuring performance with competitors, performance against standards.
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