The Internet and Information System That Contribute to Competitive Advantage

Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring

Information systems interact with the organizations and influences the organization in many aspects of the whole organizational structure to the daily behavior. Information systems can enable strategies in four aspects including low-cost leadership, product differentiation, focus on market value and strengthen customer and supplier intimacy.

We are undergraduate students in the course IT 396-44 Management Information Systems at Monroe College. Professor Asteria Villegas is the instructor for

According to Laudon & Laudon (2014), information systems help company obtaining and analyzing customers’ data and information, recording business data and transactions, analyzing and budgeting current and future sales and activities of company. Sales patterns basis business needs to be monitored by information system, attention needs to be paid on updating sales price, checking on low inventories, and timely delivery to each store.

Information systems (IS), technically are a set of interrelated components that collect and retrieve information, process and store it and support the organization in decision making. Information Technology (IT) is a shared technology and provides the platform for specific information. It consists of hardware and software for a business to achieve their objectives. Included is the computer systems, the computer, any hand-held devices, software the company needs to operate and storage. (20)

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.

With today new technology, information system is a set of collecting, processing, storing, and distributing information to support and control an organization. Information system makes it possible for firms to manage their information to make better decisions and speed up the accomplishment of business processes. In order to use information systems effectively, one needs to understand the fundamental organization, management, and information technology of the information systems.

Bargaining power of suppliers – Being a big player in industries that are dominated by smaller players also ensures that suppliers don’t have much bargaining power.

Also by these systems the company reduced its business cost and maintains the information and the data very updated form.

* Suppliers are numerous, and low differentiation, along with some backwards integration by players who sell their own branded goods, weakens supplier power.

Many businesses today are investing heavily in information technology like e-commerce and internet advertising despite the financial crisis at hand. Most companies view IT as a resource for the expansion of their business. Chief Executives look at IT as a tool to gain competitive advantage against their competitors. However, Nicholas’s argument is of a different view. He says competitive advantage can only be gained by a company if

Obviously, the power of Information System in any organization or company cannot be down looked. This is basically because IT has led to a revolution and to great developments in aspects of concern to management, production, processing, payments and services in different organizations. It is however worth noting that there is a very critical problem associated with strategic advantage of this system. Copy pasting what other people have been doing in the past has been the norm for many entrepreneurs. In this context, many entrepreneurs have devoted huge chunks of capital in the utilization of common IT systems (Carr, 2003). In this case, aspects of concern to uniqueness, innovation and

Generic strategies were used initially in the early 1980s, and seem to be even more popular today. They outline the three main strategic options open to organization that wish to achieve a sustainable competitive advantage. Each of the three

An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.

All in all, information systems have help enterprise with their business and have allowed organizations to expand internationally and globally, without the help of information systems, KFC would not be able to achieve their success as easily. Through the help of information systems to their business processes, it had