Chapter 1, Problem 4RQ

Explanation of Solution

Information system in various business carriers:

• Accounting:
• reviewing transaction, generating financial records, consolidating data and performing financial analysis, are few of the functions that need the knowledge of information system.
• Accountants need to have knowledge about database management systems, online operation and reporting systems. They should also know how to work in different working environment which includes online, wireless or mobile platform.
• Finance:
• Financial managers play an important role in planning, organizing and implementing the information system policies for their firms.
• All these tasks require involvement and dependence of financial managers on information system.
• Marketing management:
• Marketing is the process of creating brands and then selling goods and products to the customers. These sorts of functions need the involvement of the marketing officials both online and offline.
• These officials need to collect the review about the products and its performance and this also helps them in understanding the enterprise-wide systems for product management, sales force management, and customer relationship management so as to develop the products.
• Operations management:
• Operations management is directly related to production managers, managerial service and operational analysts. Database and analytical software is used to assist in their task with the help of information system.

Effects of technology and outsourcing on carriers of information system:

• the job of management has been improved with the help of information system as it becomes very difficult to deal with business firms today without information systems...