Role of Freight Forwarding & Logistics Companies in Supply Chain Management
Global Logistics Scene is dominated by a handful of ten to twelve multinational Companies followed by smaller companies altogether numbering below fifty. Entire global trade is facilitated by these service providers. Major players in the field are lead by DHL, Kuehne + Nagel, Schenker/BAX, UPS, Geodis, Expeditors, Agility, CEVA Logistics, Hellman worldwide logistics, etc. The […]
Information System for Recruitment and Selection
Introduction Human resource is one of the pillars which defines a strong and successful organization. Workforce is the backbone of any organization and form integral part of its strategic plans and initiatives. Recruitment and Selection Recruitment and selection are two of the main function carried out by human-resource department. An organization undertakes recruitment under following […]
Effect of BPO on the Economy of United States
In previous articles, we looked at how the BPO phenomenon has played itself out in India and other Asian countries that have derived humungous benefits to their economies. In this article, we look at the other side of the coin i.e. the benefits that accrue to the economies of the Western countries as they outsource […]
Maldives: The Latest Victim of Chinese Debt Diplomacy
China is now the second largest economy in the world. As a result, it wants to increase its might in different parts of the world. Over the past few years, China has started using an ingenious model to force smaller nations to bend to its will. There have been several casualties of China’s aggressive foreign […]
Why the Present Situation in the Global Economy Resembles the 1990s
Most of us would not have been that old to remember the global economic conditions that were prevailing in the 1990s. Especially, the present generation that grew up later in the decade would not be conversant with the turbulence that the global economy experienced in during those times. For those who are in their thirties, […]
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
