Information Systems and its Types in Business

This assessment will cover following questions:

• What role does enterprise resource planning plays in managing the overall information in an organisation?
• Describe various types of information systems that are useful in business?
• How does ERP system is associated with the enhancement of dissemination capabilities of business?

An information System is an integrated set of components for storing, collecting and processing data and for rendering knowledge, information & digital products. Companies and business firms rely on information systems for carrying out and managing operations, interacting with suppliers and consumers, and competing in the marketplace. Information systems are helpful for running inter-organizational chains. Various corporations use information systems for processing financial accounts, managing human resources and reaching potential consumers through online promotions (Kramer, 2017). There are many types of information system that can be used by companies for managing and controlling their operational and functional activities throughout the business process. In the above study, it has been discussed the ERP system which is one of the types of business information systems. Enterprise Resource Planning is a procedure which is utilized by organizations for managing and integrating essential parts of the business. It consists of multiple software modules for enterprise which are individually purchased, based on what is appropriate for meeting the special needs and the technical capabilities of the company.

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The aim of the essay is to discuss the various categories of information systems. Further explaining the Enterprise Resource Planning (ERP) system. The report ends with the determination of several benefits of this system in businesses with recommendation upon it. The objective of the easy to analyze the information systems types learn about ERP systems and know their benefits and advantages to the organizations.

DISCUSSION

Types of Information Systems-

 An information system is a set of interlinked component which works together for processing, collecting, storing and breaking down information to support decision-making. A typical company is categorized into middle, operational and the upper level. There are a number of information system which supports each level in th

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