Mante Zuma
BIS220
September 2, 2013
Chiedo Ugorji
Table of Contents
Introduction … 3
Information Systems … 3
Table … 4
Conclusion … 5
References … 6
In order for our nostalgic, brick and mortar record store to continue its success and remain afloat in today’s rough economy our first objective is to consider the right technology systems needed for our business. Information technology can help us in many ways. This includes keeping records of inventory, company payroll, sales, and tracking return customers. There are five types of systems in which would be helpful for us to look over and review.
1. Functional area IS- This system allows for automated payroll by tracking employee hours, tax rates, hire date, and personal information used by management.
2. Management information system- This system can produce reports summarized from transactional data. This will allow us to track inventory.
3. Transaction processing system- This is the point of sale terminal where customers purchase our merchandise, even at a self-checkout station.
4. Electric commerce system- This system gives us access to the web. With the web we are able to market and sell products electronically.
5. Enterprise resource planning- This system combines all functional areas within one database.
All of the systems listed above will help the business even if some may pose a tiny drawback in certain areas. With our business being very physical, with a personal face-to-face customer experience, it would be best to have many options that would benefit our business and our style of handling customers. Understanding these different systems will also help us improve our managing skills.
The table below briefly describes the benefits and/or drawbacks within each system.
System
Benefits/Function
Drawbacks
Functional area IS
Automated employee tracking (hours, personal info, etc.)
Forged hours of work.