In: Economics
This is an apply level question that tests your
understanding of the various information systems and their
practical usage in the business environment.
PRACTICAL/APPLICATION-TYPE QUESTION
The coronavirus, COVID-19 started in late December 2019 in Wuhan,
China. Within the space of two months it has engulfed the whole
world infecting millions of people and killing hundreds of
thousands. The world
economy has also been heavily affected. Stock markets, oil prices
and actually everything is experiencing a decline. The only other
thing that businesses can now depend upon to keep going without
totally facing bankruptcy and total collapse is information
systems. The deteriorated conditions of the business world is as a
result of the restriction on the movement of people and forced
lockdowns being experienced around the world where businesses
cannot operate. Life around the world is not likely to return the
“normal” that we use to know of, and the problem of social
distancing and restricted movement will stay with us for some time.
This is also going to affect businesses in the way they
operate.
As a student of MIS who has recently studied several topics in the
course that can aid businesses to become efficient and completive,
identify any business (small or large) in Ghana and describe in
practical terms how that business can employ information systems to
enhance business continuity in these current socio- economic
conditions of COVID-19.
Your description should be very specific in how information systems
can be utilised by the business identified. It should include the
type of information system(s) to be employed, the area of the
business it will affect (eg. Manufacturing, marketing, accounting,
etc), the internal users of the information systems (eg. top level
management, middle-level, etc), and how the information systems
will be used (provide goods/services, production, supply-chain,
call center, etc.)
Suggested answer guide (this is only a guide and you may or not use
this guide)
A general introduction to the situation
Identify the industry in which the company operates
Indicate and explain the specific role that the information
systems are going to play in the business
Indicate the specific type of information system(s) that will be
used in the business (this may include the hardware type such as
mobile technologies, etc, and software including social media,
etc.)
Identify and explain the specific strategic use of the
information system in the business
Identify possible challenges that are likely to be faced in using
information systems in Ghana.
ANS
According to the present circumstance of COVID-19 which has brought about death and contamination to a great many individuals. It has in the end brought about breakdown of the world economy with smashing securities exchanges and oil costs. The business needs to agree to the data framework so as to improve the congruity of the business in such financial circumstance.
Data framework is viewed as a powerful hierarchical framework which has been intended to process, gather, store and furthermore transmit data, Moreover, data framework is extremely valuable inside the business since it helps in dispersing and furthermore producing different explicit arrangement of dependable data. Data framework are extremely valuable in taking choice which helps in the achievement of the objectives and destinations of the organization. One of the key and conspicuous job of the data framework inside the business is keeping records, successful correspondence, dissecting information, dynamic, and so on.
The executives data framework (MIS) is alluded to as a powerful PC framework which for the most part involve programming and equipment which thusly will in general fill in as the spine for completing the tasks of the association. The board data framework is valuable as it helps in social event numerous arrangement of information from various online framework. It is viewed as helpful in successfully breaking down different arrangement of data and furthermore detailing the information so as to help the board of the association for dynamic procedure. Advertising is viewed as one of the powerful zone of business and MIS is valuable in controlling stock, smooth correspondence, improving coordinations, and so forth. The MIS is utilized by inside administration of the association and most fundamentally utilized by top administration of the organization. The key job related with the MIS is to powerful create data driven reports to the administration so as to take key choice at the ideal time. Combination of cutting edge versatile innovation is one of the most conspicuous kind of data framework which will be utilized by the organization to adequately convey their business activities. One of the key test related with the data framework is to coordinate new advancements since it prompts greater expense.
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