SYSTEMS DEVELOPMENT ANALYSIS
SYSTEMS DEVELOPMENT METHODS AND TOOLS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Business process re-engineering
|
|
|
Globalization
|
|
|
Roles of information systems
|
|
|
Competitive advantage
|
Detailed explanation-1: -At the business level of strategy, information systems can be used to help firms become the low-cost producers, differentiate products and services, or serve new markets. Information systems can also be used to lock in customers and suppliers using efficient customer response and supply chain management applications.
Detailed explanation-2: -A decision support system (DSS) is a computerized program used to support determinations, judgments, and courses of action in an organization or a business.
Detailed explanation-3: -Management information systems (MIS) are information systems that organizations use to manage and support planning, decision making, and operations. MIS systems typically include hardware, software, data, people, and procedures.
Detailed explanation-4: -Information systems assist managers in creating informed decisions with the help of real-time data. Continuously making informed decision improves decision power and avoid wastage of time looking for information.