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IIT424 Ass1 2012
IIT424 Ass1 2012
Question
Organizations of all types rely heavily on their information systems to assist in the performance of their various functions and procedures. Discuss the purpose of an Information System. [20]
Information systems are the foundation for conducting business today. In many industries, survival and even existence without extensive use of IT is inconceivable, and IT plays a critical role in increasing productivity in a cost effective way. Although information technology has become more of a commodity, when coupled with complementary changes in organization and management, it can provide the foundation for new products, services, Operational excellence New products, services, and business models Customer and supplier intimacy Improved decision making Competitive advantage Survival