The Use Of Information Systems Because Of Necessity Describes The Business Objective Of

The Use Of Information Systems Because Of Necessity Describes The Business Objective Of

Answer:

Information systems are a critical part of any organization, whether it is a private, public, or non-profit organization. The use of an information system is necessary for a business to function today, as it helps them remain competitive and efficient. There are several strategic business objectives that describe why information systems are a necessity for businesses.

The first business objective is operational excellence. By using information systems, businesses are able to improve their efficiency and productivity, resulting in higher profits. Information systems allow businesses to streamline their operations, which in turn leads to increased efficiency and cost savings. With a better understanding of their operations, businesses can identify areas for improvement, and make the necessary changes to increase their bottom line.

The second business objective is new products, services, and business models. Information systems allow businesses to develop innovative products and services that meet customer needs. It also helps businesses to create better business models that enable them to better tap into new markets.

The third business objective is customer and supplier intimacy. By using information systems, businesses are able to gain a better understanding of their customers and suppliers. This allows them to create better relationships with their customers and suppliers, resulting in better customer satisfaction and loyalty.

The fourth business objective is knowledge management. By using information systems, businesses are able to capture and store important business data. This data can be used to help businesses gain a better understanding of their customers, markets, and operations.

In conclusion, the use of information systems because of necessity describes the business objectives of operational excellence, new products, services, and business models, customer and supplier intimacy, and knowledge management. By using information systems, organizations are able to remain competitive and efficient, while staying on top of their market and customer demands.

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