Information Systems and Business

INFORMATION SYSTEM AND BUSINESS IN MALAWI

An selective information musical arrangement is a set of interrelated components that work together to collect, process, ancestry and disseminate information to support decision making, coordination, control, analysis, and visualization in an organization. Since their advent, information systems have changed the landscape of business operations across the globe.

Since the advent of data systems, business has been transformed in many a(prenominal) ways. One key transformation is the reduction of the gap that exists in the midst of suppliers and their customers, both potential and existing. Information systems, including wireless communion much(prenominal) as cell phones and computers have improve efficiency and authority of communication in business. Nowadays, customers, intermediaries and suppliers normally communicate through emails, phones, autotype and other fast technological communication systems. This has helped reduce the fourth dimension customers can wait for information and in many cases has improved customer-supplier relationship as information flow is steady and instant.





In Malawi, the banking industry is a great beneficiary of technological progression through information systems as customers these days can admission fee their account information on line and even carry-over funds without stepping a foot in a banking hall. swan customers can even buy goods in shops using their credit entry cards and ar saved from the burden of carrying cash some all the time. The Banks are likewise capitalising on the same Information Systems to market their products and services, announce new services and promotions hence customers are always kept abreast of much needed information from their banks. Additionally, the banks are also saving on other perennial operation costs stationery, postage and other direct communication costs.

Apart from improving business relationships, information systems are also helping companies to sense and respond to competition quickly and fast. by the internet,...If you want to get a full essay, order it on our website: Orderessay



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