Information System Tools, Competitive Advantage, and Business Data

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This report delves into the realm of information system tools, focusing on their application and impact on business operations. It begins by outlining various tools such as Excel, Tableau, and SPSS, detailing their functionalities and significance in data analysis and visualization. The report then elaborates on the distinction between data, information, and knowledge, emphasizing how information is derived from data through processing. Furthermore, it highlights the role of knowledge in leveraging information technology, and also focuses on the role of information systems in establishing a competitive advantage. The report also covers the types of business information, specifically in the context of an organization like SeaWorld, including organizational strategies, stakeholder information, competitor analysis, and financial data. The report concludes by providing references to relevant research articles.
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INFORMATION
SYSTEM
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TOOLS USED
There are many tools that help to turn the data into information for making the
decision which are as follows:
Excel : It is the software program from Microsoft which is the part of
Microsoft Office. It is the spreadsheet program that is used to make the grids
of the text, numbers also formulas for specific calculation.
Tableau : It is the powerful also fastest rising tool of data visualization that is
used in Industry of Business Intelligence. It can help to simplify the raw data
into very effortlessly reasonable format.
SPSS : It is the Statistical Package for the Social Sciences. It uses for
complex examination of statistical data.
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Definition of Information System
Data : The data is statistics or features, mostly numerical that are assembled via
scrutiny. More theoretically, the data is the set of values of quantitative or
qualitative variables regarding one or mire than one objects or persons when the
datum is the single value of any single variable.
Information : The information is summarization of the data. Theoretically, the
data is the raw fact also figure which are processed into the information for
instances totals and summaries.
Knowledge : The knowledge is a application of the information that is believed to
be used directly for making the decisions.
Role of Knowledge in making Information Technology : The role of the
knowledge are
Deliver the requirements to create the technology system.
Assist in defining the strategies to implement the technology system.
Support the maintenance of the system of technology.
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Role of information system in
competitive advantage
The Information Technology (IT) has the strong consequence on the
competitive advantage in any differentiation or cost.
Technology affects the value actions themselves or allows the
organizations for gaining the competitive advantage by influencing
alterations in the scope of competitive.
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Type of business information
The type of the business information that the4 SeaWorld would be
interested in area as follows:
The information about the organization.
Strategies of organizational business.
Information about the Stakeholders.
Details about the competitors.
Financial data of the organization.
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References
Mao, H., Liu, S., Zhang, J., & Deng, Z. (2016). Information technology resource,
knowledge management capability, and competitive advantage: The moderating
role of resource commitment. International Journal of Information Management,
36(6), 1062-1074.
Altaf, M., & Khalil, M. (2016). Strategic information system: a source of
competitive advantage. In Information and Knowledge Management (Vol. 6, No.
9, pp. 24-34).
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