Preview

Information Systems

Powerful Essays
Open Document
Open Document
3342 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Information Systems
FACULTY COMMERCE
DEPARTMENT BUSINESS MANAGEMENT
STUDENT NAMEMAKHOSONKE A. MOYO
STUDENT NUMBER L0141641K
PROGRAMMEDEGREE IN ENTREPRENEURSHIP
MODULEINTRODUCTION TO INFORMATION TECHNOLOGY AND INFORMATION LITERACY
MODULE CODE COAF 1104
FORMATPARALLEL
LECTURERMR. B. DLAMINI
QUESTION
With the aid of relevant examples, explain the importance of information systems in executing the following organizational function:
Forecasting
Planning
Control
Co-ordination
Operational optimization
2014

Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise. It is the technology that is driving what has often been called "the information revolution."
Information Technology has become a major driving force in many organizations. These organizations are seeking to get IT applications which can help them sell their products or services effectively. For example, by use of Internet, organizations or businesses are moving information faster and they also coordinate multiple activities to achieve efficiency. In the business world it has helped in creating a ”networked economy” where businesses are linked with their suppliers, customers, manufacturers and business partners in real time. Users of information technology can use tools like computers to perform different tasks faster and accurately. For example, a computer can perform multiple functions on the same time which cannot be done by humans. This helps users perform a given task on time and it even reduces tension and stress at work. Even though information technology is managed by humans, it is more likely to be more accurate than humans.
An example of a software platform used is an Enterprise Resource Planning (ERP) System. ERP software typically consists of multiple enterprise software modules that are individually purchased, based on what best meets



References: Goold, Michael, Andrew Campbell, and Marcus Alexander. Corporate-Level Strategy: Creating Value in the Multibusiness Company. John Wiley & Sons, 1994. Gottfredson, Mark, and Steve Schubert. Breakthrough Imperative: How the Best Managers Get Outstanding Results. Collins Business, 2008. Hamel, Gary, and C.K. Prahalad. Competing for the Future. Harvard Business School Press, 1994. Hrebiniak, Lawrence G. Making Strategy Work: Leading Effective Execution and Change. Wharton School Publishing, 2005. Ken Laudon and Jane Laudon, Management Information Systems, 12E, Prentice Hall, 2012 Koontz, H., & O 'Donnel, C. (1978). Essentials of management. New Delhi: Tata McGraw-Hill, p. 104-105.Massie, J. L. (1979). Essentials of management. New Delhi: Prentice-Hall. Porter, Michael E. Competitive Strategy: Techniques for Analysing Industries and Competitors. Free Press, 1998. Stevenson, W. J. (1989). Introduction to management science. Boston: Irwin. Waldron, M.W. (1984). Management of adult and extension education. In D. Blackburn (Ed.), Extension handbook. Guelph: University of Guelph Press, p. 127-140.

You May Also Find These Documents Helpful

  • Better Essays

    Bateman, T. S., & Snell, S. A. (2011). Management: Leading & collaborating in a competitive world (9th ed.). New York, NY: McGraw-Hill Irwin.…

    • 1297 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Nt1310 Unit 1 Assignment

    • 4104 Words
    • 17 Pages

    Information Technology (IT) is a set of tools, processes and methodologies (such as coding, programming, data communications, data conversion, storage and retrieval, system analysis and design, systems control) and associated equipment employed to collect, process, and present information. In broad terms, IT also includes office automation, multimedia and telecommunications. It is defined as the technology used involving the development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data. IT is a broad subject concerned with all aspects of managing and processing information, especially within a large organization or company. Because computers are central to information management,…

    • 4104 Words
    • 17 Pages
    Powerful Essays
  • Best Essays

    Onesteel

    • 4534 Words
    • 19 Pages

    References: Hambrick, D, & Fredrickson, J, 2001, ‘Are you sure you have a strategy?’, Academy of Management Executive, Vol. 15, No. 4.…

    • 4534 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Information technology is a broad term which encompasses computer hardware, networking, computer security applications, internet and web technologies, and application software development.…

    • 2600 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Capsim Analysis Report

    • 656 Words
    • 3 Pages

    References: Porter, Michael E. (1998). Competitive Strategy: Techniques for Analyzing Industries and Competitors. New York, NY: The Free Press.…

    • 656 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Information Systems

    • 1117 Words
    • 5 Pages

    Ultimately, our success is determined not by the buildings we construct, but by the investment we make in the people and programs that bring each new facility to life. We are providing a broad framework of support that enables…

    • 1117 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Information technology offers powerful tools to help you gain and make the best use of knowledge. Using IT brings lots of business benefits that include being more productive, responsive and efficient.…

    • 933 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Information Systems

    • 386 Words
    • 2 Pages

    d) Explain how the two tables are related. Which table contains the foreign key? What is the foreign key?…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Information technology is a powerful tool that can make your business more productive and profitable. It can help streamline business activities, communicate more efficiently with customers and even generate new customers or clients- all while helping to reduce business expenses.…

    • 2311 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Information Technology

    • 277 Words
    • 1 Page

    How is information used in the modern enterprise? How does this use affect IT systems?…

    • 277 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Robbins, S. P., DeCenzo, D. A., & Coulter, M. (2011). Fundamentals of management: essential concepts and applications (7th ed.). Upper Saddle River, NJ: Prentice Hall.…

    • 1084 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Information Technology (IT) is the foundation process of building an information system. IT information provides the design and management of a company networking along with maintain storage. IT information is the operating system…

    • 463 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    "Information Communication Technology" or ICT is used as a general term for all kinds of technology which enable users to create access and manipulate information. ICT is a combination of information technology and communications technology. In an increasingly interconnected world, the interactions among devices, systems, and people are growing rapidly.…

    • 850 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Case Study

    • 1575 Words
    • 7 Pages

    How do information technologies contribute to the business success of the companies depicted in the case?…

    • 1575 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Information System

    • 11528 Words
    • 47 Pages

    I would like to express my sincere gratitude to my institute for its always available sincere gratitude to my institute for its library and lab facilities. Next I take the opportunity to thank my dearest lecture, Mr. Iduranga De Silva for his enthusiastic and great knowledge and occasional guidance. Without this, this assignment would have just been a “dream”. And also I can’t forget my family and friends for their strong support and encouragement. During our “working tighter we not only shared ideas and knowledge but it was a great opportunity that brought us together and let us fell how much we cared about each other.…

    • 11528 Words
    • 47 Pages
    Powerful Essays