The Critical Role of Information Systems Essay -- essays research pape

The Critical Role of reading SystemsTodays information systems be both technical and social in nature. care must understand the importance of information within the organization. It is managements job to understand how information is collected, processed, and distributed. We are alone extremely affected by information systems and must be willing to understand and work with them. Our global economy does not allow us to depend on compositors case to face transactions like in the 1980s. Today, few managers can ignore the importance and impact of how information is handled by their organization. Information systems play a critical map in todays business organization and society (Laudon 5). Since the emergence of the global economy, the success of firms today and in the future depends on their ability to steer globally. The American economy depends on imports and exports. Foreign trade, both imports and exports accounts for a little over 25 percent of goods and services produced in the United States, and even to a greater extent in countries like Japan and Germany. This percentage is currently and will continue to grow in the future (5).Globalization of the worlds industrial economies greatly enhances the value of information to the firm and offers new opportunities to businesses. Today, information systems provide the communication and analytic power that firms need to conduct trades and manage businesses on a global scale. Globalization and information technology also brings new threats to domestic business firms. This is brought on by the customers ability to shop in a worldwide foodstuffplace, obtaining the price and quality information reliably, 24 hours a day. The worldwide market place brings competition to a higher level than ever before, forcing all businesses to play a part in this global economy. In order to become a profitable player in a worldwide market firms, need powerful information and communication systems (5).Many countries are experien cing the third economic revolution. These countries include the United States, Japan, Germany and other major industrial powers. This revolution, which is now in progress, is transforming itself into a knowledge and information based service economy. This revolution began at the turn of the century and by 1976 the number of white-collar workers employed in o... ...ws them to fill up inventory very fast, Wal-Mart does not spend as much money on stock pilling inventory as its competitors. Wal-Mart altogether spends 15 percent of gross revenue in overhead while Sears spends 30 percent and Kmart spends 21 percent. Again, this is only possible because of the use of information systems. As you can see information systems are far more than just input, process, and output machines. Managers and society must understand that these systems provide solutions to business challenges and must be willing to change with the new technology. Information systems can help in the day to day task at wo rk and at home. We no longer have to depend on only one firm or corporation to buy material we need. We can shop the global market 24 hours a day to find the exceed price and quality. With the increased global competition, companies will have to use information systems in order to survive in todays market place. puzzle out CitedLaudon, Kenneth C., and Jane P. Laudon. Management Information Systems. New Jersey Prentice-Hall Inc., 1996Removing the Warehouse from Cost-Conscious Hospitals. New York Times, 1991Wilson, Linda. Stand and Deliver. Information Week April. 1992