Information System/Technology

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Information System/Technology

Question no 1:
a. What is Information System?
Business information systems or just Information System (IS) deal with the conceptualization, development, introduction, maintenance and utilization of systems for computer-assisted information processing within companies and enterprise-wide networks. Central components of such information systems are firm’s application systems. They assist the user in the firm to accomplish tasks.
A long-term goal for information systems is to automate anywhere in the enterprise and in the economy where a task may be executed by a computer systems at least as well as by a person. When such automation cannot be achieved, information systems nevertheless are at least to support specialist and executives as effectively as possible.
An 'Information System' is a planned system of the collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management. In a way it is a documented report of the activities those were planned and executed. According to Philip Kotler ; "A marketing information system consists of people, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to marketing decision makers."
As information systems have enabled more diverse human activities, they have exerted a profound influence over society. These systems have quickened the pace of daily activities, affected the structure and mix of organizations, changed the type of products bought, and influenced the nature of work. Information and knowledge have become vital economic resources.

Information systems support different types of decisions at different levels of the organizational hierarchy. Major types of Information systems include structural databases and information management software that can include the followings;
• Transaction Process Systems (TPS)
• Enterprise Collaboration Systems (ECS)
• Management Information...

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