Role of information system in modern competitive business environment

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Can anyone elaborate the role of information system in modern competitive business environment by giving examples and how it transfigured the entire team and the regulation to pin out the end-users’ needs?

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Best Answer by Abe Bryan
Answered By 0 points N/A #89466

Role of information system in modern competitive business environment

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Hi Carla.

Advancement in Information Technology proves that time is money. Binding all levels of the organization is what Information system does. It enables the organization to work right now in a real time environment. You can take ERP as an example. ERP stands for Economic Resource Planning.

What it does is it utilizes the resources of a company through a systematic real time information which is shared on all parts of the organization by enabling a central database which caters the information when and where it is requires efficiently. Its role is to coordinate different department in the organization to improve the decision making. It eliminates delayed response on a situation.

Aristono

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Best Answer
Answered By 0 points N/A #89468

Role of information system in modern competitive business environment

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Dear Carla,

Information systems are used in business today primarily because of new ways of conducting business. In a world of information-based markets its important to have as much structured information as possible. Large corporations therefore use huge databases, expert systems, analytical software, design software and geographical information systems that assist them in gaining competitive edge over their competitors.

Remote working has been made possible to globally broaden the workforce and include variety of skills from all over the world. End-users are now able to use company's websites to conduct business, make purchases and submit claims. Connectivity has played a huge role in making this possible. Information dissemination has become easier and cheaper. 

I hope that provides answers to most of your questions adequately.

Abe

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