Emerging Markets and International Business
International Businesses and the Opening up of Emerging Economies The previous articles in this module have discussed the contours of international business and the key drivers of the phenomenon. This article discusses how international businesses are affected by the rise of the emerging markets especially the BRICS (Brazil, Russia, India, China, and South Africa) and […]
Offshoring and Outsourcing Firms in the New Normal and what is in Store for Them?
How the New Normal is Being Shaped and How it Would Impact Global Supply Chains Much has been spoken and written about how the Covid 19 Outbreak would lead to a rethink on global supply chains as the overreliance on them has proved costly for many firms in sectors ranging from Information Technology to Pharmaceuticals […]
Systems Considerations in the Design of HRIS
For implementing any Human Resource Information System (HRIS) project successfully, the system design requirements should be given utmost importance and it must have scope for customizations as per the requirements of the end users. The system should have various inbuilt provisions and be developed by carefully analyzing the end users/customers’ requirements and the technicalities involved […]
Different Types of Data Sampling Techniques
The method which is adopted to collect the sample obviously has large implications on the conclusions drawn from that sample. Mentioned below are the techniques which can be used for sampling populations as well as processes. A brief detail has been given so that you can understand the pros, cons and correct usages of each […]
How Countries Can Reduce Tax Evasion?
Tax Evasion vs. Tax Avoidance Tax evasion and tax avoidance are often used interchangeably. However, there is a huge difference between the two terms. Tax evasion is a criminal activity. In most countries, tax evasion would attract a jail term. Evasion is usually done by not reporting income or overstating expenses. However, tax avoidance is […]
It is often observed that term information system and information technology are used interchangeably.
In a literal sense, information technology is a subset of information systems.
Information systems consist of people, processes, machines and information technology. The great advancement in information systems is due to development in information technology and introduction of computers.
An information system can be defined as set of coordinated network of components, which act together towards producing, distributing and or processing information.
An important characteristic of computer-based information systems information is precision, which may not apply to other types.
In any given organization information system can be classified based on the usage of the information. Therefore, information systems in business can be divided into operations support system and management support system.
Everyday knowingly or unknowingly, everyone is utilizing information technology. It has grown rapidly and covers many areas of our day to day life like movies, mobile phones, the internet, etc.
Information technology can be broadly defined as integration of computer with telecommunication equipment for storing, retrieving, manipulating and storage of data.
According to Information Technology Association of America, information technology is defined as “the study, design, development, application, implementation, support or management of computer-based information systems.”
Information technology greatly enhances the performance of economy; it provides edge in solving social issues as well as making information system affordable and user friendly.
Information technology has brought big change in our daily life be it education, life at home, work place, communication and even in function of government.
Information system and information technology are similar in many ways but at the same time they are different. Following are some aspects about information system as well as information technology.
Information technology has helped drive efficiency across organization with improved productivity and precision manufacturing.
Information technology has shown exponential growth in the last decade, leading to more sophisticated information systems.
Today’s information technology has tremendously improved quality of life. Modern medicine has benefited the most with better information system using the latest information technology.
Information systems have been known to mankind in one form or the other as a resource for decision making. However, with the advent of information technology information systems have become sophisticated, and their usage proliferated across all walks of life.
Information technology has helped managed large amount of data into useful and valuable information.
Your email address will not be published. Required fields are marked *
Communication Systems and Groupware – Information System Concepts that Apply in All Functional Areas of Business
February 12, 2025
