Business Information Systems
Information systems (IS) or Business information systems deal with the development, introduction, conceptualization, utilization and maintenance of systems for computer-assisted data processing within the enterprise-wide and company networks.
Information systems are used in almost every technical profession. Small company owners and entrepreneurs use IS to reach customers throughout the globe. Manager’s use IS to make large investment decisions, like research on a cancer drug or construct a manufacturing plant. Sales representatives utilize in order to advertise products, analyze sales trends and communicate with the customers. Financial planners use information systems in order to advice their customers to help their children's education or them save for the retirement. From a small store to large multinational companies, and various sizes and types of business organizations cannot survive without the business information systems in order perform finance and accounting task.
The business information system covers various things such as software, hardware, databases, E-commerce, m-commerce, telecommunications, enterprise resource planning, transaction processing decision and information support, special purpose systems, societal and ethical issues, and systems development.
Types of Business information system:
The 'classic' view of the business IS found in the textbooks of the 1980s that was of a pyramid of the systems which showed the hierarchy of the businesses organization, generally Transaction processing systems at the below of the pyramid, which is followed by Decision support system, Management information systems and the Executive information systems. Even though the pyramid model are useful, because it was first formulated several number of latest technologies have been developed and new types of business information systems have appeared some of which don’t suit easily into the actual pyramid model.
Some examples are: