Saturday, 2 March 2013

Why Are Information Systems Important to You?



Information systems are used by all functional areas in an organization


Finance and Accounting

Forecast revenue and business activity
Determine the best sources and use of funds
Perform audits

Sales and Marketing

Product analysis: developing new goods and services
Site analysis : determine the best location for production and distribution facilities
Promotion analysis: identify the best advertising channels
Price analysis: setting product prices to get the highest revenues

Manufacturing

Process customer orders
Develop production schedules
Control inventory levels
Monitor product quality

Human Resources

Recruiting process
Analyze and screen job applicants
Manage employees careers
Manage compensation and benefit packages 

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