SlideShare une entreprise Scribd logo
1  sur  13
5
Importance of IS-Related
Solution
in the Business World
Name: Gideon Aryertey
MGMT221
Stasia Biggs
Embry Riddle Aeronautical University
09/13/2018
Abstract
Information Systems have tremendously transformed the
business world. The rapid technological evolvement has played
a fundamental role in this through the invention of various
software which have made numerous operations especially
processing simplest and accurate. Companies have exploited the
capacities of the information systems and ended gaining
maximum profits. The importance of IS emanates from the data
processed for the company to produce information utilized to
manage their various operations (Brodersen & Lim, 2000).
There are ways of increasing the effectiveness of the IS like
adding extra data or using the available in a different way.
Information Systems can be used for various purposes in an
organization such as communication, making decisions, keeping
records, and operations management. Information Systems
solutions can be used in communication to gather and distribute
the information. This ensures efficient flow of information. It is
also used to support decisions making which ensures the
outcomes are better and all the prerequisite information has
been delivered. For instance Decision Support System is highly
used in such cases to support this essential process. Electronic
Record Management is used to ensure that all the organizations
records are secure and free from damage. Cases of loss are also
minimized through use of ERM (Sprague, 1986). This project
will tackle five IS-related solutions which are used often in
companies. They are Decision Support System, Electronic
Records Management, Cloud Computing, Transaction
Processing System and Database Management System (Ali &
Vasilakos, 2015). The above mentioned solutions have highly
benefitted companies and we expect more to be unveiled due to
technological advancement.
Introduction
Information system (IS) can be described as organization of the
system used in obtaining, organizing, storing as well as
communication of data. Additionally, it can involve all the
network that organizations on individual uses in collecting,
filtering, processing, creating and distributing data. Therefore,
through interaction, they are capable of producing data. It has
main focus on the internal organization instead of external
environment of an organization. For an organization to have a
successful business, it will have to process all the information
as well as statistics. In this regard, there are various
organizations that have suffered data problems. Therefore, IS’s
are important in ensuring that the organization can be able to
gain optimum maximum benefits in the business. This is carried
out through processing all the data in the organization so that
the company can be able to produce data that is important in
running its business. Effectiveness of the business can only be
ensured through producing more information that will be
important in running the business. Therefore, the accuracy of
the information and reliability should be ensured at all costs.
Further, the IS can be important in collection and distribution of
data. This can in turn ensure that effective communication is
ensured in the company among the managers. Third, the
information can ensure that there are easy decision making in
the company (Drucker, 2012). An organization which is faced
with the problem of quick decision can spend a lot of time and
energy in doing so without IS. However, with IS, the managers
have been able to come up with strategic plans and informed
decisions which has ensured the growth of various organizations
in different parts of the world. Through evaluation of various
data, ISs are able to bring into being various conclusions
concerning growths in economy and provides steps that should
be taken by the company. ISs system are also important in
providing planning solution to different companies in the world.
In this regard, proper planning of the business cannot be
conducted without good information systems. This can in turn
ensure that the organization is able to rival other organizations
in the market. With proper ISs, the organization can ensures
that there is data control which will be important in ensuring
safety as well as stability of the IS. Therefore, IS can be able to
provide control to data and can give the information that is
required by a company. Lastly, the organization employing the
use of IS can avoid crisis that might emerge into their
organization. Through the use of high IS, the organization can
be able to analyze stocks and reminisce on the past
performances and thus, prediction of future problems are easy
(Laudon, 2016). This will be done without negative influences
from erring.
Decision Support System (DSS)
DSS can be described as various computer programs that are
important in the analysis and decision making in company. DSS
has a main purpose of presenting the information to clients in
terms that they could easily understand. In this regard, it
provides analysis to company’s data and thus, presenting it to
the top notch managers who will have to come up with informed
decisions. DSS employs the use of data summary, exceptions as
well as patterns during the decision making process and it is not
a must for DSS to provide information itself. In this case, it will
be the work of the decision makers to come up with informed
decision concerning the operation of the company (Dulisic &
Silic, 2012). In most cases, a leader needs to make effective
decisions after consideration of various factors hence must
consider various sources of information. The system makes the
activity easier and quick hence avoiding delays that may hamper
overall performance.
Management Information System (MIS)
A Management Information System (MIS) refers to a computer
database who main function entails organizing financial
information at an organization. In the 21st century, business
organizations are looking for real-time financial information
which guides the manner in which decisions relating to finances
are made. During normal operations, MIS produces regular
reports on various organizational operations on nearly all levels
of managerial responsibilities (Karim, 2011). When adopted, its
main purpose is to give feedbacks regarding performance hence
a manager is able to fully monitor financial performance and
progress of an organization. Accountants and clerks may not be
able to provide real-time information hence the system can
support their decision-making and provision of detailed
financial reports.
Practically, an MIS system receives data from the various
functions and units in the organization. These sources may be
automated through use of check-out counters that relays data at
periodic intervals. Also, the system can receive data that is
keyed in manually also at periodic intervals by the workers at
specific units. For managers, the MIS have query languages and
display functions that are in-built into the system to enable
managers access needed information and display easily (Karim,
2011). This kind of a system is beneficial to an organization as
it is able to manage financial information more easily while
relating it to performance. It can guide managers in making
decisions in line with organizational and corporate goals.
Electronic Records System (ERM)
Similarly to DSS, Electronic Record Systems are computer
programs that have been used in tracking and storing of
information or records for a company. Its computer software
employed in managing as well as maintaining the records,
controlling the access and use of the information. Based on this
understanding, the Electronic Record System must be able to
track and store all records created by the company systems and
applications (Van, 2015). Various forms of evolution have
happened to ERM. Previous ERM had little records management
compared to the current ERM which have been able to keep the
authentic records of data as well as protecting it from changes
that might occur to them. This has been made organizations to
keep track records of data (Bodnar & Hophood, 2012). Further,
ERM acts as a source of important and actionable information to
a business organization.
A Customer Relationship Management System (CRM) refers to
a system that contains a set of technological applications that
help in the organization and determination of needs of the
customers. The CRM system enables the organization to
manage, organize, and track the needs and preferences of the
customers who are important stakeholders to every business
organization (AL-Weshah, Al-Qatawneh & Al-Manasrah, 2017).
The system enables employees to easily undertake catalog and
order entry, payment processing, and account management
among others. It can also serve as an important platform upon
which an organization and its clients can communicate. It is
also an important source of information regarding the
customer’s preferences and needs hence an organization can
better them.
Essentially, the system can help manage customer information,
track their habits, organize interactions, and manage customer
service requests in a manner that aligns with organizational and
corporate goals. Moreover, it is worth noting that the system
can be modified to accommodate additional needs meaning that
an organization can be able to meet any new needs and trends in
customer management (Haislip & Richardson, 2017). It can be
seen that a CRM system can offer support to an organization
when it comes to keeping up with trends in customer
management hence being able to satisfy their needs and
preferences.
Conclusion
IS-related solutions have greatly benefitted the business world.
The solutions have made various operations simpler, cheaper,
accurate and cost-effective. Due to their variety,
companies/businesses have an opportunity to choose the
solution they demand based on their needs. With the increased
technological advancement, we expect more solution to be
invented in due time (Harris, 2015). More so, 21st century has
presented business with more complex needs especially when it
comes to customer relationship and management of information.
IS-related solutions can help address any issues in a manner that
aligns with business objectives and goals.
References
Ali, M., Khan, S. U., & Vasilakos, A. V. (2015). Security in
cloud computing: Opportunities and challenges. Information
sciences, 305, 357-383.
AL-Weshah, G. A., Al-Qatawneh, M., & Al-Manasrah, E.
(2017). Customer relationship management systems and
organizational performance: Quantitative evidence from the
Jordanian telecommunication industry. Journal of Marketing
Communications , 171-197.
Bodnar, G. H., & Hopwood, W. S. (2012). Accounting
information systems. Pearson Higher Ed.
Brodersen, R. A., Chatterjee, P., & Lim, P. S. (2000). U.S.
Patent No. 6,092,083. Washington, DC: U.S. Patent and
Trademark Office.
Dulcic, Z., Pavlic, D., & Silic, I. (2012). Evaluating the
intended use of Decision Support System (DSS) by applying
Technology Acceptance Model (TAM) in business organizations
in Croatia. Procedia-Social and Behavioral Sciences, 58, 1565-
1575.
Drucker, P. (2012). Managing in a time of great change.
Routledge.
Haislip, J., & Richardson, V. J. (2017). The effect of Customer
Relationship Management systems on firm performance.
International Journal of Accounting Information Systems 27(1),
16-29.
Harris, R. C., Altobelli, D. J., Blucke, R. W., Wilson Jr, R. M.,
& Wyle, S. C. (2015). U.S. Patent No. 5,517,406. Washington,
DC: U.S. Patent and Trademark Office.
Karim, A. J. (2011). The Significance Of Management
Information Systems For Enhancing Strategic And Tactical
Planning. Journal of Information Systems and Technology
Management 8(2), 459-470.
Laudon, K. C., & Laudon, J. P. (2016). Management
information system. Pearson Education India.
Sprague, R. H., & Watson, H. J. (Eds.). (1986). Decision
support systems: putting theory into practice. Englewood Cliffs,
NJ.: Prentice-Hall.
Van Ryzin, J. M. (2015). U.S. Patent No. 5,909,689.
Washington, DC: U.S. Patent and Trademark Office.
University of Phoenix Material
Lesson Plan Worksheet
Use the following worksheet to complete the assignment.
Create or modify a classroom learning activity that covers a
specific topic from Ch. 5 or 6 of A Problem Solving Approach
to Mathematics for Elementary School Teachers; for example,
integer addition or division of rational numbers.
Include the following in your lesson:
Use of a manipulative
Detailed instructions on how to conduct the activity
Any student handouts or supplemental materials needed
Use APA formatting to reference any resources used. Do not
directly copy a lesson from another source; avoid plagiarism by
changing ideas and phrasing to make them your own.
Lesson Component
Details
Name of Lesson
Grade Level Addressed
State Mathematics Standard Addressed
Lesson Objective
(what should students know and be able to do)
Materials Needed
(student and teacher materials)
Detailed Instructions
(what are the steps for the lesson)
Technology Component
(if any)
References
5Importance of IS-Related Solution in the Busi.docx

Contenu connexe

Similaire à 5Importance of IS-Related Solution in the Busi.docx

SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...
SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...
SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...Priscilla Maria Adeline Kristianto
 
Management Information System (MIS)
Management Information System (MIS)Management Information System (MIS)
Management Information System (MIS)Navneet Jingar
 
Management information system
Management information systemManagement information system
Management information systemRohit Mishra
 
Management information system
Management information systemManagement information system
Management information systemRohit Mishra
 
Business process and is lecture 2
Business process and is lecture 2Business process and is lecture 2
Business process and is lecture 2Raphael Wanjiku
 
Running head Key Factors in Computer Information Systems1Ke.docx
Running head Key Factors in Computer Information Systems1Ke.docxRunning head Key Factors in Computer Information Systems1Ke.docx
Running head Key Factors in Computer Information Systems1Ke.docxwlynn1
 
Management Information Systems: Mastering the Discreet Planning
Management Information Systems: Mastering the Discreet PlanningManagement Information Systems: Mastering the Discreet Planning
Management Information Systems: Mastering the Discreet Planningvishal dineshkumar soni
 
information system introduction
information system introductioninformation system introduction
information system introductionARSHIYA KHAN
 
Chapter 6Systems6.1 Information Systems6.1.1 What
Chapter 6Systems6.1 Information Systems6.1.1 What Chapter 6Systems6.1 Information Systems6.1.1 What
Chapter 6Systems6.1 Information Systems6.1.1 What JinElias52
 
Management information system presentation
Management information system presentationManagement information system presentation
Management information system presentationmujtabanaeem1
 
Information System(IS).pptx
Information System(IS).pptxInformation System(IS).pptx
Information System(IS).pptxPoojaRai661885
 
MIS and Digital Firms
MIS and Digital FirmsMIS and Digital Firms
MIS and Digital FirmsPulkit Sharma
 
System and System Information System
System and System Information SystemSystem and System Information System
System and System Information SystemHarry Pott
 
Management Information System
Management Information System Management Information System
Management Information System Ajilal
 
Wasim ali .118. types of mis & advantage & disadvantage of mis
Wasim ali .118. types of mis & advantage & disadvantage of misWasim ali .118. types of mis & advantage & disadvantage of mis
Wasim ali .118. types of mis & advantage & disadvantage of misWaseemAli58
 
Management Information System.pptx
Management Information System.pptxManagement Information System.pptx
Management Information System.pptxrajeshkumar518913
 

Similaire à 5Importance of IS-Related Solution in the Busi.docx (20)

SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...
SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...
SI & PI, Priscilla M. Adeline K., Hapzi Ali, Implementation of Information Sy...
 
Management Information System (MIS)
Management Information System (MIS)Management Information System (MIS)
Management Information System (MIS)
 
Management information system
Management information systemManagement information system
Management information system
 
Management information system
Management information systemManagement information system
Management information system
 
Business process and is lecture 2
Business process and is lecture 2Business process and is lecture 2
Business process and is lecture 2
 
Running head Key Factors in Computer Information Systems1Ke.docx
Running head Key Factors in Computer Information Systems1Ke.docxRunning head Key Factors in Computer Information Systems1Ke.docx
Running head Key Factors in Computer Information Systems1Ke.docx
 
Management Information Systems: Mastering the Discreet Planning
Management Information Systems: Mastering the Discreet PlanningManagement Information Systems: Mastering the Discreet Planning
Management Information Systems: Mastering the Discreet Planning
 
information system introduction
information system introductioninformation system introduction
information system introduction
 
Chapter 6Systems6.1 Information Systems6.1.1 What
Chapter 6Systems6.1 Information Systems6.1.1 What Chapter 6Systems6.1 Information Systems6.1.1 What
Chapter 6Systems6.1 Information Systems6.1.1 What
 
Management information system presentation
Management information system presentationManagement information system presentation
Management information system presentation
 
Information System(IS).pptx
Information System(IS).pptxInformation System(IS).pptx
Information System(IS).pptx
 
MIS and Digital Firms
MIS and Digital FirmsMIS and Digital Firms
MIS and Digital Firms
 
System and System Information System
System and System Information SystemSystem and System Information System
System and System Information System
 
Management information system (an overview)
Management information system (an overview)Management information system (an overview)
Management information system (an overview)
 
Management Information System
Management Information System Management Information System
Management Information System
 
Mis i unit
Mis i unitMis i unit
Mis i unit
 
p22252ppt1.pptx
p22252ppt1.pptxp22252ppt1.pptx
p22252ppt1.pptx
 
Wasim ali .118. types of mis & advantage & disadvantage of mis
Wasim ali .118. types of mis & advantage & disadvantage of misWasim ali .118. types of mis & advantage & disadvantage of mis
Wasim ali .118. types of mis & advantage & disadvantage of mis
 
Aat paper8 oct09
Aat paper8 oct09Aat paper8 oct09
Aat paper8 oct09
 
Management Information System.pptx
Management Information System.pptxManagement Information System.pptx
Management Information System.pptx
 

Plus de troutmanboris

Christian Schussele Men of ProgressOil on canvas, 1862Coope.docx
Christian Schussele  Men of ProgressOil on canvas, 1862Coope.docxChristian Schussele  Men of ProgressOil on canvas, 1862Coope.docx
Christian Schussele Men of ProgressOil on canvas, 1862Coope.docxtroutmanboris
 
Christian EthicsChristian ethics deeply align with absolutism. E.docx
Christian EthicsChristian ethics deeply align with absolutism. E.docxChristian EthicsChristian ethics deeply align with absolutism. E.docx
Christian EthicsChristian ethics deeply align with absolutism. E.docxtroutmanboris
 
Christian Ethics BA 616 Business Ethics Definiti.docx
Christian Ethics BA 616 Business Ethics Definiti.docxChristian Ethics BA 616 Business Ethics Definiti.docx
Christian Ethics BA 616 Business Ethics Definiti.docxtroutmanboris
 
CHPSI think you made a really good point that Howard lacks poli.docx
CHPSI think you made a really good point that Howard lacks poli.docxCHPSI think you made a really good point that Howard lacks poli.docx
CHPSI think you made a really good point that Howard lacks poli.docxtroutmanboris
 
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docx
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docxChrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docx
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docxtroutmanboris
 
Chosen brand CHANELStudents are required to research a fash.docx
Chosen brand CHANELStudents are required to research a fash.docxChosen brand CHANELStudents are required to research a fash.docx
Chosen brand CHANELStudents are required to research a fash.docxtroutmanboris
 
Chose one person to reply to ALBORES 1. Were Manning’s acti.docx
Chose one person to reply to ALBORES 1. Were Manning’s acti.docxChose one person to reply to ALBORES 1. Were Manning’s acti.docx
Chose one person to reply to ALBORES 1. Were Manning’s acti.docxtroutmanboris
 
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docx
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docxChoosing your literary essay topic on Disgrace by J. M. Coetzee .docx
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docxtroutmanboris
 
Choosing your Philosophical Question The Final Project is an opp.docx
Choosing your Philosophical Question The Final Project is an opp.docxChoosing your Philosophical Question The Final Project is an opp.docx
Choosing your Philosophical Question The Final Project is an opp.docxtroutmanboris
 
Choosing Your Research Method in a NutshellBy James Rice and.docx
Choosing Your Research Method in a NutshellBy James Rice and.docxChoosing Your Research Method in a NutshellBy James Rice and.docx
Choosing Your Research Method in a NutshellBy James Rice and.docxtroutmanboris
 
Choose two of the systems (education, work, the military, and im.docx
Choose two of the systems (education, work, the military, and im.docxChoose two of the systems (education, work, the military, and im.docx
Choose two of the systems (education, work, the military, and im.docxtroutmanboris
 
Choose two disorders from the categories presented this week.C.docx
Choose two disorders from the categories presented this week.C.docxChoose two disorders from the categories presented this week.C.docx
Choose two disorders from the categories presented this week.C.docxtroutmanboris
 
Choose ONE of the following topics Length 750-900 words, .docx
Choose ONE of the following topics Length 750-900 words, .docxChoose ONE of the following topics Length 750-900 words, .docx
Choose ONE of the following topics Length 750-900 words, .docxtroutmanboris
 
Choose one of the following topicsAmerica A Narrative.docx
Choose one of the following topicsAmerica A Narrative.docxChoose one of the following topicsAmerica A Narrative.docx
Choose one of the following topicsAmerica A Narrative.docxtroutmanboris
 
Choose one of the following topics below. Comparecont.docx
Choose one of the following topics below. Comparecont.docxChoose one of the following topics below. Comparecont.docx
Choose one of the following topics below. Comparecont.docxtroutmanboris
 
Choose one of the following topics below. Comparecon.docx
Choose one of the following topics below. Comparecon.docxChoose one of the following topics below. Comparecon.docx
Choose one of the following topics below. Comparecon.docxtroutmanboris
 
Choose one of the states of RacialCultural Identity Development.docx
Choose one of the states of RacialCultural Identity Development.docxChoose one of the states of RacialCultural Identity Development.docx
Choose one of the states of RacialCultural Identity Development.docxtroutmanboris
 
Choose one of the following topicsNative AmericansWomenEnvi.docx
Choose one of the following topicsNative AmericansWomenEnvi.docxChoose one of the following topicsNative AmericansWomenEnvi.docx
Choose one of the following topicsNative AmericansWomenEnvi.docxtroutmanboris
 
Choose one of the following films for review (with faculty’s appro.docx
Choose one of the following films for review (with faculty’s appro.docxChoose one of the following films for review (with faculty’s appro.docx
Choose one of the following films for review (with faculty’s appro.docxtroutmanboris
 
Choose and complete one of the two assignment options.docx
Choose and complete one of the two assignment options.docxChoose and complete one of the two assignment options.docx
Choose and complete one of the two assignment options.docxtroutmanboris
 

Plus de troutmanboris (20)

Christian Schussele Men of ProgressOil on canvas, 1862Coope.docx
Christian Schussele  Men of ProgressOil on canvas, 1862Coope.docxChristian Schussele  Men of ProgressOil on canvas, 1862Coope.docx
Christian Schussele Men of ProgressOil on canvas, 1862Coope.docx
 
Christian EthicsChristian ethics deeply align with absolutism. E.docx
Christian EthicsChristian ethics deeply align with absolutism. E.docxChristian EthicsChristian ethics deeply align with absolutism. E.docx
Christian EthicsChristian ethics deeply align with absolutism. E.docx
 
Christian Ethics BA 616 Business Ethics Definiti.docx
Christian Ethics BA 616 Business Ethics Definiti.docxChristian Ethics BA 616 Business Ethics Definiti.docx
Christian Ethics BA 616 Business Ethics Definiti.docx
 
CHPSI think you made a really good point that Howard lacks poli.docx
CHPSI think you made a really good point that Howard lacks poli.docxCHPSI think you made a really good point that Howard lacks poli.docx
CHPSI think you made a really good point that Howard lacks poli.docx
 
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docx
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docxChrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docx
Chrétien de Troyes, Lancelot, 1Chrétien de Troyes, Lancelo.docx
 
Chosen brand CHANELStudents are required to research a fash.docx
Chosen brand CHANELStudents are required to research a fash.docxChosen brand CHANELStudents are required to research a fash.docx
Chosen brand CHANELStudents are required to research a fash.docx
 
Chose one person to reply to ALBORES 1. Were Manning’s acti.docx
Chose one person to reply to ALBORES 1. Were Manning’s acti.docxChose one person to reply to ALBORES 1. Were Manning’s acti.docx
Chose one person to reply to ALBORES 1. Were Manning’s acti.docx
 
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docx
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docxChoosing your literary essay topic on Disgrace by J. M. Coetzee .docx
Choosing your literary essay topic on Disgrace by J. M. Coetzee .docx
 
Choosing your Philosophical Question The Final Project is an opp.docx
Choosing your Philosophical Question The Final Project is an opp.docxChoosing your Philosophical Question The Final Project is an opp.docx
Choosing your Philosophical Question The Final Project is an opp.docx
 
Choosing Your Research Method in a NutshellBy James Rice and.docx
Choosing Your Research Method in a NutshellBy James Rice and.docxChoosing Your Research Method in a NutshellBy James Rice and.docx
Choosing Your Research Method in a NutshellBy James Rice and.docx
 
Choose two of the systems (education, work, the military, and im.docx
Choose two of the systems (education, work, the military, and im.docxChoose two of the systems (education, work, the military, and im.docx
Choose two of the systems (education, work, the military, and im.docx
 
Choose two disorders from the categories presented this week.C.docx
Choose two disorders from the categories presented this week.C.docxChoose two disorders from the categories presented this week.C.docx
Choose two disorders from the categories presented this week.C.docx
 
Choose ONE of the following topics Length 750-900 words, .docx
Choose ONE of the following topics Length 750-900 words, .docxChoose ONE of the following topics Length 750-900 words, .docx
Choose ONE of the following topics Length 750-900 words, .docx
 
Choose one of the following topicsAmerica A Narrative.docx
Choose one of the following topicsAmerica A Narrative.docxChoose one of the following topicsAmerica A Narrative.docx
Choose one of the following topicsAmerica A Narrative.docx
 
Choose one of the following topics below. Comparecont.docx
Choose one of the following topics below. Comparecont.docxChoose one of the following topics below. Comparecont.docx
Choose one of the following topics below. Comparecont.docx
 
Choose one of the following topics below. Comparecon.docx
Choose one of the following topics below. Comparecon.docxChoose one of the following topics below. Comparecon.docx
Choose one of the following topics below. Comparecon.docx
 
Choose one of the states of RacialCultural Identity Development.docx
Choose one of the states of RacialCultural Identity Development.docxChoose one of the states of RacialCultural Identity Development.docx
Choose one of the states of RacialCultural Identity Development.docx
 
Choose one of the following topicsNative AmericansWomenEnvi.docx
Choose one of the following topicsNative AmericansWomenEnvi.docxChoose one of the following topicsNative AmericansWomenEnvi.docx
Choose one of the following topicsNative AmericansWomenEnvi.docx
 
Choose one of the following films for review (with faculty’s appro.docx
Choose one of the following films for review (with faculty’s appro.docxChoose one of the following films for review (with faculty’s appro.docx
Choose one of the following films for review (with faculty’s appro.docx
 
Choose and complete one of the two assignment options.docx
Choose and complete one of the two assignment options.docxChoose and complete one of the two assignment options.docx
Choose and complete one of the two assignment options.docx
 

Dernier

Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 

Dernier (20)

Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 

5Importance of IS-Related Solution in the Busi.docx

  • 1. 5 Importance of IS-Related Solution in the Business World Name: Gideon Aryertey MGMT221 Stasia Biggs Embry Riddle Aeronautical University 09/13/2018
  • 2. Abstract Information Systems have tremendously transformed the business world. The rapid technological evolvement has played a fundamental role in this through the invention of various software which have made numerous operations especially processing simplest and accurate. Companies have exploited the capacities of the information systems and ended gaining maximum profits. The importance of IS emanates from the data processed for the company to produce information utilized to manage their various operations (Brodersen & Lim, 2000). There are ways of increasing the effectiveness of the IS like adding extra data or using the available in a different way. Information Systems can be used for various purposes in an organization such as communication, making decisions, keeping records, and operations management. Information Systems solutions can be used in communication to gather and distribute
  • 3. the information. This ensures efficient flow of information. It is also used to support decisions making which ensures the outcomes are better and all the prerequisite information has been delivered. For instance Decision Support System is highly used in such cases to support this essential process. Electronic Record Management is used to ensure that all the organizations records are secure and free from damage. Cases of loss are also minimized through use of ERM (Sprague, 1986). This project will tackle five IS-related solutions which are used often in companies. They are Decision Support System, Electronic Records Management, Cloud Computing, Transaction Processing System and Database Management System (Ali & Vasilakos, 2015). The above mentioned solutions have highly benefitted companies and we expect more to be unveiled due to technological advancement. Introduction Information system (IS) can be described as organization of the system used in obtaining, organizing, storing as well as communication of data. Additionally, it can involve all the network that organizations on individual uses in collecting, filtering, processing, creating and distributing data. Therefore, through interaction, they are capable of producing data. It has main focus on the internal organization instead of external environment of an organization. For an organization to have a successful business, it will have to process all the information
  • 4. as well as statistics. In this regard, there are various organizations that have suffered data problems. Therefore, IS’s are important in ensuring that the organization can be able to gain optimum maximum benefits in the business. This is carried out through processing all the data in the organization so that the company can be able to produce data that is important in running its business. Effectiveness of the business can only be ensured through producing more information that will be important in running the business. Therefore, the accuracy of the information and reliability should be ensured at all costs. Further, the IS can be important in collection and distribution of data. This can in turn ensure that effective communication is ensured in the company among the managers. Third, the information can ensure that there are easy decision making in the company (Drucker, 2012). An organization which is faced with the problem of quick decision can spend a lot of time and energy in doing so without IS. However, with IS, the managers have been able to come up with strategic plans and informed decisions which has ensured the growth of various organizations in different parts of the world. Through evaluation of various data, ISs are able to bring into being various conclusions concerning growths in economy and provides steps that should be taken by the company. ISs system are also important in providing planning solution to different companies in the world. In this regard, proper planning of the business cannot be
  • 5. conducted without good information systems. This can in turn ensure that the organization is able to rival other organizations in the market. With proper ISs, the organization can ensures that there is data control which will be important in ensuring safety as well as stability of the IS. Therefore, IS can be able to provide control to data and can give the information that is required by a company. Lastly, the organization employing the use of IS can avoid crisis that might emerge into their organization. Through the use of high IS, the organization can be able to analyze stocks and reminisce on the past performances and thus, prediction of future problems are easy (Laudon, 2016). This will be done without negative influences from erring. Decision Support System (DSS) DSS can be described as various computer programs that are important in the analysis and decision making in company. DSS has a main purpose of presenting the information to clients in terms that they could easily understand. In this regard, it provides analysis to company’s data and thus, presenting it to the top notch managers who will have to come up with informed decisions. DSS employs the use of data summary, exceptions as well as patterns during the decision making process and it is not a must for DSS to provide information itself. In this case, it will be the work of the decision makers to come up with informed decision concerning the operation of the company (Dulisic &
  • 6. Silic, 2012). In most cases, a leader needs to make effective decisions after consideration of various factors hence must consider various sources of information. The system makes the activity easier and quick hence avoiding delays that may hamper overall performance. Management Information System (MIS) A Management Information System (MIS) refers to a computer database who main function entails organizing financial information at an organization. In the 21st century, business organizations are looking for real-time financial information which guides the manner in which decisions relating to finances are made. During normal operations, MIS produces regular reports on various organizational operations on nearly all levels of managerial responsibilities (Karim, 2011). When adopted, its main purpose is to give feedbacks regarding performance hence a manager is able to fully monitor financial performance and progress of an organization. Accountants and clerks may not be able to provide real-time information hence the system can support their decision-making and provision of detailed financial reports. Practically, an MIS system receives data from the various functions and units in the organization. These sources may be automated through use of check-out counters that relays data at periodic intervals. Also, the system can receive data that is keyed in manually also at periodic intervals by the workers at
  • 7. specific units. For managers, the MIS have query languages and display functions that are in-built into the system to enable managers access needed information and display easily (Karim, 2011). This kind of a system is beneficial to an organization as it is able to manage financial information more easily while relating it to performance. It can guide managers in making decisions in line with organizational and corporate goals. Electronic Records System (ERM) Similarly to DSS, Electronic Record Systems are computer programs that have been used in tracking and storing of information or records for a company. Its computer software employed in managing as well as maintaining the records, controlling the access and use of the information. Based on this understanding, the Electronic Record System must be able to track and store all records created by the company systems and applications (Van, 2015). Various forms of evolution have happened to ERM. Previous ERM had little records management compared to the current ERM which have been able to keep the authentic records of data as well as protecting it from changes that might occur to them. This has been made organizations to keep track records of data (Bodnar & Hophood, 2012). Further, ERM acts as a source of important and actionable information to a business organization. A Customer Relationship Management System (CRM) refers to
  • 8. a system that contains a set of technological applications that help in the organization and determination of needs of the customers. The CRM system enables the organization to manage, organize, and track the needs and preferences of the customers who are important stakeholders to every business organization (AL-Weshah, Al-Qatawneh & Al-Manasrah, 2017). The system enables employees to easily undertake catalog and order entry, payment processing, and account management among others. It can also serve as an important platform upon which an organization and its clients can communicate. It is also an important source of information regarding the customer’s preferences and needs hence an organization can better them. Essentially, the system can help manage customer information, track their habits, organize interactions, and manage customer service requests in a manner that aligns with organizational and corporate goals. Moreover, it is worth noting that the system can be modified to accommodate additional needs meaning that an organization can be able to meet any new needs and trends in customer management (Haislip & Richardson, 2017). It can be seen that a CRM system can offer support to an organization when it comes to keeping up with trends in customer management hence being able to satisfy their needs and preferences.
  • 9. Conclusion IS-related solutions have greatly benefitted the business world. The solutions have made various operations simpler, cheaper, accurate and cost-effective. Due to their variety, companies/businesses have an opportunity to choose the solution they demand based on their needs. With the increased technological advancement, we expect more solution to be invented in due time (Harris, 2015). More so, 21st century has presented business with more complex needs especially when it comes to customer relationship and management of information. IS-related solutions can help address any issues in a manner that aligns with business objectives and goals. References Ali, M., Khan, S. U., & Vasilakos, A. V. (2015). Security in cloud computing: Opportunities and challenges. Information sciences, 305, 357-383. AL-Weshah, G. A., Al-Qatawneh, M., & Al-Manasrah, E. (2017). Customer relationship management systems and organizational performance: Quantitative evidence from the Jordanian telecommunication industry. Journal of Marketing Communications , 171-197. Bodnar, G. H., & Hopwood, W. S. (2012). Accounting information systems. Pearson Higher Ed. Brodersen, R. A., Chatterjee, P., & Lim, P. S. (2000). U.S.
  • 10. Patent No. 6,092,083. Washington, DC: U.S. Patent and Trademark Office. Dulcic, Z., Pavlic, D., & Silic, I. (2012). Evaluating the intended use of Decision Support System (DSS) by applying Technology Acceptance Model (TAM) in business organizations in Croatia. Procedia-Social and Behavioral Sciences, 58, 1565- 1575. Drucker, P. (2012). Managing in a time of great change. Routledge. Haislip, J., & Richardson, V. J. (2017). The effect of Customer Relationship Management systems on firm performance. International Journal of Accounting Information Systems 27(1), 16-29. Harris, R. C., Altobelli, D. J., Blucke, R. W., Wilson Jr, R. M., & Wyle, S. C. (2015). U.S. Patent No. 5,517,406. Washington, DC: U.S. Patent and Trademark Office. Karim, A. J. (2011). The Significance Of Management Information Systems For Enhancing Strategic And Tactical Planning. Journal of Information Systems and Technology Management 8(2), 459-470. Laudon, K. C., & Laudon, J. P. (2016). Management information system. Pearson Education India. Sprague, R. H., & Watson, H. J. (Eds.). (1986). Decision support systems: putting theory into practice. Englewood Cliffs, NJ.: Prentice-Hall.
  • 11. Van Ryzin, J. M. (2015). U.S. Patent No. 5,909,689. Washington, DC: U.S. Patent and Trademark Office. University of Phoenix Material Lesson Plan Worksheet Use the following worksheet to complete the assignment. Create or modify a classroom learning activity that covers a specific topic from Ch. 5 or 6 of A Problem Solving Approach to Mathematics for Elementary School Teachers; for example, integer addition or division of rational numbers. Include the following in your lesson: Use of a manipulative Detailed instructions on how to conduct the activity Any student handouts or supplemental materials needed Use APA formatting to reference any resources used. Do not directly copy a lesson from another source; avoid plagiarism by changing ideas and phrasing to make them your own. Lesson Component Details
  • 12. Name of Lesson Grade Level Addressed State Mathematics Standard Addressed Lesson Objective (what should students know and be able to do) Materials Needed (student and teacher materials) Detailed Instructions (what are the steps for the lesson) Technology Component (if any) References