Understanding Information Systems

Topics: Management, Information system, Information systems Pages: 4 (931 words) Published: May 20, 2013

Understanding Information Systems
Paul Collette
INF220 IS Principles
Jelena Vucetic
May 6, 2013

Understanding Information Systems
Ways Information Systems transform business and their relationship to globalization
Information systems introduce a completely new world of doing business (Laudon and Laudon, 2009). These systems include cell phones, wireless handsets, e-mail, and online conferencing. Internet advertising grows more than 15 percent a year reaching more than 500 million people. It will also transform jobs and careers. They control how you work, where you work, and how well you are compensated for your performance. Information systems help make globalization a reality. It allows for instant communication world-wide. It allows customers to shop at your store 24 hours a day, 7 days a week. Companies providing goods and services can reduce costs with low-cost suppliers and facilities in other countries. Why Information Systems are essential for running and managing a business

Information systems allow companies to achieve six important business objectives. The first objective is operational excellence. Companies use information systems to improve how efficient their operation is for achieving very high levels of productivity and efficiency in business operations. Another objective is making new products, services, and models. It describes the way a company produces, delivers, and sells a product to make revenue. Customer and supplier intimacy is very important for a company. When a customer is treated well, they will turn into a repeat customer. When a company gets comfortable with a supplier, low prices and automatic deliveries are a result. Companies can also make better decision making. Information systems allow managers real time information on important steps in making products and supplying services. This system also allows for a competitive advantage. You can do things better, charge less...
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