Question

Write the uses of information system in Business. Also, provide examples

Answer 1

Please find the answer below:-

Uses of information system in Business Are :-

1.Organised Data :- Organisation of data is must for every organisation to run a successful business ,since organised data makes a business more organised and allows to come up to a solution in a shorter period of time and quickly. Information stored in database can be helpful, if its in organised manner.

Eg :- Information Management System.

2. Data Control :- For having safety, security and stability it is very important to have full control over data which is possible by information management system, data collected by an organisation always plays a vital role in bringing more profit to there business. Hence it is very important to have full data Control.

3. Information Storage :- Information system are convenient when it comes to storing data for longer period of time which can be used for future perspective. For Eg:- In newspaper business, they keep their photo safely stored in data archive so that they can be used at later point of time..

4. Avoiding Crisis :- Previously people didn't have proper data of their business which led to so many crisis and eventually a loss in business. For Eg:- In a whole seller business like wall mart if they don't keep proper record of sales of commodities they won't be able to know which product has more sale and which has least. Eventually which may lead to crisis of best selling product which were providing good business hence information system pays a key role in flourishing business.

5.Future growth in Business :- Information System can help in understanding the future of business by data comparing and knowing the interest of the people .
For Eg :- Concept of BIG Data is widely used by business owner to grow their business.

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