INFORMATION SYSTEMS IN BUSINESS

Information Systems in Business

Information Systems in Business

Introduction

We live in an era of rapid change. The product life cycle shortens, the markets become more global and companies, whether public or private, are facing an ever increasing competitive pressure. The ability of a firm to move quickly and flexibly respond to these challenges requires, among other things, knowledge of current principles of management information systems and communications. The growth of a company always comes with a large volume of activity and thus, a large amount of information to manage and that it will make the best use make the right decisions. These masses of information, sometimes sensitive, are both on the environment of the company on its resources (Zoikoczy, 2009, 157). Manage on a daily basis although not always obvious thing is crucial in this area of market globalization. So we are now witnessing the emergence of a so-called new economy of information or "New economy", where work-related information has become more important than work in relation to other sectors. This thus, implies the establishment of a system representing all the resources (people, hardware, and software) used to collect, store, process and communicate information within the company: "The system Information (SI) "of the company.

Information systems are like any other system within the enterprise as is the purpose of interacting with other components of the company. The task of information systems is to process the input data files maintained in relation to business information and produce reports and other outputs. Information systems are composed of subsystems, including hardware, software and data storage for files and databases. Specific procedures describe the systems used. The particular set of subsystem, i.e. the specific equipment, software, files and procedures, include an application of information system. Therefore, information systems may have applications for purchasing, accounting or sales (Stonecash, 1981, 42). Since information systems support other enterprise systems, analysts must first examine the company's system as a whole and then the details of the information systems. Here in this paper we are going to analyze the importance of Information and communication technologies as investment and its challenges and limitations in a business along with an example of RIO of Blackberry.

Thesis Statement

Information and communication technologies (ICT) should be regarded as an investment and not just as an expense.

Discussion

The information technology and communication is no panacea or magic formula, but can improve the lives of everyone on the planet. They have the tools to reach the Millennium Development Goals, tools that will advance the cause of freedom and democracy, and the means to spread knowledge and to facilitate mutual understanding. The use of information and communication technologies among the inhabitants of a population helps to decrease at a given time the digital divide in the town, since it would increase the aggregate of people using ICT as a technological means to develop their activities and thus, reduce the set of people who do not use (Zacks, 2009, 7). ICTs constitute the set of resources necessary to manipulate ...