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About The Role of Information Systems in Business Today
Investment in information technology accounts for approximately 50% of capital investment in the US, transforming many businesses and industries. Information systems are essential for day-to-day operations and achieving strategic objectives for most advanced firms. They allow improved communication with customers and suppliers, more efficient processes, competitive advantages, and in some cases are necessary to conduct business due to industry or regulatory requirements. An information system is a set of components that collect, process, store, and distribute information to support organizational decision making, and includes input, processing, output, and feedback functions. It provides value by creating organizational and management solutions, and requires understanding organizations, management, and information technology.
Detailed Information
| Author: | ['Sohail Haque'] |
|---|---|
| Publication Year: | 2011 |
| Pages: | 43 |
| Language: | English |
| Format: | |
| Price: | FREE |
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