Informational Systems




Mahmood   Elsayess

University of Phoenix

OCTOBER 5, 2010

Today, more than ever, organizations both large and small face global competition. In an attempt to maximize profits and minimize costs, many companies employ information systems in ever increasing applications to service consumers and maintain marketshare.   The Internet has impacted the way we do business and play.
Information systems have greatly revolutionized the way we do business. For instance, in Human Resources what would take weeks now only takes seconds and a few keystrokes to bring up an employees work profile, and benefits package, as well as sick days and vacation used.
  Human resource managers are tasked with complying with a vast array of governmental regulations.   In the past, an employee would fill out all of the forms, only to have the forms mailed to various government entities.   Now, that same employee would enter all of their data on a website from home, and be in compliance with governmental regulations in minutes.
In the workplace, Information Systems have been credited with streamlined operations, keeping chain of command issues clear, employees know who they report to.   This in turn makes for a more productive workforce.   As more emphasis is placed on completed work, not on personnel or office politics.
In the arena of managerial requirements it aids managers in accomplishing their tasks.   And maintain accountability to corporate officials and shareholders alike. If utilized correctly, Information Systems can reduce redundancy in managerial roles, change a managers job responsibility, ensure that stock is moving not accumulating dust in a warehouse.   And finally keep the company in compliance with sometimes complex government regulations.

Modern financial demands are dependent on the following factors: speed of the information processed, the volume of information, and how accurate...