Long Essay Question 1 Describe an example of an IS that you have experienced. De

Question

Long Essay Question 1

Describe an example of an IS that you have experienced.

Describe the business processes it addresses and impacts.

Describe how the IS changed the business.

Long Essay Question 2

If you had more money than Bill Gates (the richest man in the world, or at least in the top 2) and you wanted to facilitate a major change in technology and earn a return on your investment, would you give your money (I am talking about billions of dollars) to a large big company who has been in the technology field for a long time and has been very profitable or would you give it to a small startup company. Why? Who is in the better position to facilitate change? Describe the differences between these two types of companies as far as business goals, objectives, business processes, change processes, ability to change, ability to implement change.

Explanation / Answer

Q1) 1. The Information System that I experienced and implemented in my organization is Enterprise Resource Planning(ERP) system which is a system of transactions, records, dashboards and reports.

2. Below is how the business processes are addressed and impacted by the implementation of the system -

i) ERP system integrates the business processes and ensures flow of transactions across the supply chain functions of procurement, account payables,inventory management, warehousing, manufacturing, costing order management, account receivables, general ledger, asset management etc.

ii) External transactional systems can be integrated to the ERP systems to ensure the transactional data flows inbound as well as outbound thus ensuring seamless flow of transactions.

iii) Various kinds of standard business reports are available in various functional modules.

iv) Custom functionalities, reports, interfaces and workflows can be built to ensure any gaps in the system capabilities and business processes.

3. By integrating the transactions of various business processes, the ERP system brings considerable cost savings to the business which increases the profitiability. It increases the discipline in the transactions and ensures they are recorded for audit purposes. The system results in process improvements as the entry of data in the system saves operator time in entering and record keeping in hardcopies. The system offers dashboards which display key performance indicators of the business processes, thus helping the firm in decision making through BI reporting.

Q2) With a hige amount of money at stake and disbursal to implement and facilitate a key change in the technology field, I would be prefering to provide the money to a big company which has been in the technology field for a long time and has been very profitable rather than a small startup company. Below are the reasons -

i) The big technology firm is in the field of technology for a while and has established Research and Development capabilities and resources to put in use for the project.

ii) The firm has qualified and skilled employees to implement the change.

iii) The firm has set goals, objectives, business processes, project management structure, organizational structure to work on the technology and can handle any amount of capital investment to effectively put it for use.

iv) If required, the firm can recruit successful individuals who implemented various new technologies from other big firms as well as startups.

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