The Final Paper Will Demonstrate Students’ Ability To ✓ Solved

The final paper will demonstrate the students’ ability to ass

The final paper will demonstrate the students’ ability to assimilate, synthesize, and apply the concepts of management information systems; specifically how information systems transform business; how information systems help to solve business problems; how information systems support major business functions, and how information systems affect business careers.

Your final paper should demonstrate understanding of information systems and how they contribute to forming competitive advantage in business. Prepare an eight to ten page paper that addresses the following questions in narrative form (APA form and style).

Examine the true meaning of information systems. What exactly is an information system? Explain the people, organization, and technology components of information systems. Identify the major information systems which are currently used in many businesses. Compare these information systems and identify the main uses.

Identify a business which uses information systems for its businesses. Explain the main features of the businesses and its information systems. Explain how information systems transform business operations of your selected business. Investigate how information systems affect business careers and what information systems skills and knowledge are essential.

The Final Paper: Must be eight to ten double-spaced pages in length and formatted according to APA style as outlined in the approved APA style guide.

Must include a cover page that includes: Student’s name Course name and number Title of paper Instructor’s name Date submitted Must include an introductory paragraph with a succinct thesis statement. Must address the topic of the paper with critical thought. Must conclude with a restatement of the thesis and a conclusion paragraph. Must use APA style as outlined in the approved APA style guide to document all sources. Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

Paper For Above Instructions

Title: Exploring the Role of Information Systems in Business

The significance of information systems (IS) in the modern business landscape cannot be overstated. In today's fast-paced corporate world, businesses rely on information systems to streamline operations, enhance productivity, and gain a competitive edge. This paper examines the true meaning of information systems, discusses their components, identifies major systems in use, and analyzes a specific business that uses these systems to transform its operations. Furthermore, it investigates how information systems affect business careers and the essential skills required within this dynamic field.

Understanding Information Systems

An information system is a structured system that collects, processes, stores, and distributes information to support decision-making, coordination, control, analysis, and visualization within an organization. Information systems consist of three essential components: people, organization, and technology. The people component encompasses the users who interact with the system, including IT professionals who develop and maintain IS. The organizational aspect refers to the framework that incorporates the flow of information and processes at various levels, while technology encompasses the hardware and software tools utilized to manage and process data (O'Brien & Marakas, 2011).

Major Information Systems in Business

There are several types of information systems used in businesses today. These include Transaction Processing Systems (TPS), Management Information Systems (MIS), Decision Support Systems (DSS), and Executive Information Systems (EIS). Each system serves distinct purposes:

• Transaction Processing Systems (TPS): Handle routine operations and record daily transactions.
• Management Information Systems (MIS): Provide managers with reports and tools for decision-making.
• Decision Support Systems (DSS): Facilitate problem-solving and decision-making through data modeling and analysis.
• Executive Information Systems (EIS): Offer top executives quick access to internal information via dashboards.

These systems are interconnected and help organizations optimize their functions (Laudon & Laudon, 2019).

Case Study: Starbucks Corporation

The Starbucks Corporation exemplifies a business that effectively utilizes information systems. Starbucks relies on a range of information systems to manage its operations, including customer relationship management (CRM) systems, supply chain management (SCM) systems, and mobile ordering platforms. The CRM system gathers customer data, enabling Starbucks to personalize marketing efforts, enhance customer service, and foster loyalty (Böhm, 2020).

Moreover, the company's SCM system optimizes its inventory management and supplier coordination, ensuring timely delivery of coffee and other products to stores worldwide. Additionally, the mobile ordering application allows customers to place orders in advance, reducing wait times and improving customer experience. These features collectively transform Starbucks' operations by streamlining processes and facilitating customer engagement (Starbucks, 2021).

Impact of Information Systems on Business Careers

The rise of information systems has significantly impacted various career paths in business. As organizations increasingly rely on IS to drive their strategies, the demand for professionals skilled in information systems is on the rise. Essential skills include data analysis, system development, cybersecurity knowledge, and proficiency in software applications (Highhouse & Rynes, 2020).

Careers such as data analysts, IT managers, and systems architects are among the most sought-after positions in today’s job market. Additionally, the integration of information systems into business operations necessitates ongoing education and adaptability as technology continues to evolve. This dynamic environment offers numerous opportunities for career advancement for individuals equipped with the necessary skills (Harrington & Otten, 2019).

Conclusion

In conclusion, information systems play a pivotal role in transforming business operations, improving efficiency, and fostering competitive advantages. Understanding the components of information systems and their impact on businesses is vital for current and aspiring professionals. As illustrated by Starbucks, utilizing information systems effectively can lead to substantial operational improvements and increased customer satisfaction. With the continual evolution of technology, the need for skilled professionals in this area will only continue to grow, making information systems a crucial aspect of modern business strategy.

References

• Böhm, M. (2020). The Role of Information Systems in Customer Relationship Management. Journal of Business Research, 113, 455-462.
• Harrington, H. J., & Otten, J. (2019). Business Process Improvement: Leading Practices for Continuous Improvement. Business Process Management Journal, 25(6), 1129-1140.
• Highhouse, S., & Rynes, S. L. (2020). Industrial-Organizational Psychology: Science and Practice. Annual Review of Psychology, 71, 447-473.
• Laudon, K. C., & Laudon, J. P. (2019). Management Information Systems: Managing the Digital Firm (16th ed.). Pearson.
• O'Brien, J. A., & Marakas, G. M. (2011). Management Information Systems (10th ed.). McGraw-Hill.
• Starbucks. (2021). Starbucks Store Manager Job Description. Retrieved from Starbucks Careers
• Turban, E., Volonino, L., & Wood, G. (2015). Information Technology for Management: On-Demand Strategies for Performance, Growth, and Sustainability. Wiley.
• Stair, R., & Reynolds, G. (2020). Principles of Information Systems (13th ed.). Cengage Learning.
• Rainer, R. K., & Turban, E. (2017). Introduction to Information Systems: Supporting and Transforming Business (4th ed.). Wiley.
• Peterson, R. A. (2020). Data Analytics in Business: A Comprehensive Approach. Journal of Business Analytics, 3(2), 124-135.