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 overcome beat of data and information that goes through a go with every(prenominal) day could be a key factor in whether a business fails or succeeds. (Ebert & Griffin 2005) The disposal 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 be received to when they atomic number 18 delivered. It keeps leash of customer information, the supplies ordered, what supplies brace been used, and whether we need to reorder. IS also keeps track of what we are sp kiboshing, how ofttimes we are making, and whether we are making a profit or loss. There is so much more(prenominal) this system does for us, onl y if basically lets us be more efficient, offer split up customer service, and allows us to percolate our problem areas. We can hence correct any problems, and nail down better goals and plans for our future. The use of the Information System has allowed us to plight fewer employees, and be a lot more emulous in the market.

I gull to say if we did non 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 ad roit by responding quickly in fulfilling all! orders correctly and with a timely delivery. Web sites are becoming a indispensable communication tool - some as valuable as the telephone, and much... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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