How Information Technology Affects Business

As a business owner, and manager the need for a elan to manage our information is essential. The ability to handle the sweep over beat of data and information that goes through a phoner either(prenominal) day could be a key factor in whether a business fails or succeeds. (Ebert & Griffin 2005) The ecesis in which we collect and use this information is c every last(predicate)ed an discipline system (IS). An IS is used in financial accounting, managerial accounting, by laborers, and executives. In my basket shop, an Information System is what allows us to keep interbreed of orders, from the time they argon received to when they be delivered. It keeps traverse of customer information, the supplies ordered, what supplies brace been used, and whether we need to reorder. IS also keeps track of what we be sp residualing, how ofttimes we are making, and whether we are making a profit or loss. There is so much to a greater extent than this system does for us, onl y if basically lets us be more efficient, offer split up customer service, and allows us to follow out our problem areas. We can hence correct any problems, and flock better goals and plans for our future. The use of the Information System has allowed us to drive fewer employees, and be a lot more hawkish in the market.

I agree to say if we did not have any kind of focussing to manage the information we receive, we could not be as efficient, which would acquit to customer dissatisfaction, and in the end we would go out of business. We all know that in todays society. Businesses are expected to be adroit by responding quickly in fulfilling all orde! rs correctly and with a timely delivery. Web sites are becoming a indispensable communication tool - close as valuable as the telephone, and much... If you want to get a full essay, order it on our website: BestEssayCheap.com

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