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Explain the role of e business in business?
(08 Marks)(JUL 13)
Information System
• Information technology can help all kinds of businesses improve the efficiency and effectiveness of their business processes, managerial decision making, and workgroup collaboration, thus strengthening their competitive positions in a rapidly changing marketplace.
• Internet-based systems have become a necessary ingredient for business success in today’s dynamic global environment.
• Information technologies are playing an expanding role in business.
Information system
An information system(IS) can be any organized combination of people,hardware,software communications networks and data resources that stores and retrives,transforms and disseminates information in an organization. people have relied on information systems to communicate with each other using an variety of physical devices(hardware),information processing instructions and procedures(software),communication channels(network)and stored data(data resources)
Information Systems vs. Information Technology
• Information Systems (IS) – all components and resources necessary to deliver information and information processing functions to the organization
• Information Technology (IT) – various hardware components necessary for the system to operate
Types of Information Technologies
• Computer Hardware Technologies Including microcomputers, midsize servers, and large mainframe systems, and the input, output, and storage devices that support them • Computer Software Technologies Including operating system software, Web browsers, software productivity suites, and software for business applications like customer relationship management and supply chain management
• Telecommunications Network Technologies including the telecommunications media, processors, and software needed to provide wire-based and wireless access and support for the Internet and private Internet-based networks
• Data Resource Management Technologies including database management system software for the development, access, and maintenance of the databases of an organization
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