Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
For startup companies, the key business functions include: Sales and Marketing, HR, Finance and Accounting, and Manufacturing. Present-day startups require information systems for monitoring all their business operations, such as business planning, material acquisition, production, quality control and delivery to markets. In view of the aforementioned key business roles of startup companies, the chief information systems required are; Marketing and Sales Information Systems, Production and Manufacturing Information Systems, Accounting and Finance Information Systems, Strategic Information Systems, Enterprise Collaboration or Office Automation Systems and HR Information Systems (Al-Mamary, Shamsuddin & Aziati, 2014).
Production and manufacturing systems handle the tasks of: planning, developing, and maintaining production facilities; setting up production objectives; acquiring raw materials, storing them and ensuring they are always at hand for uninterrupted production operations; and scheduling material, equipment, human resources and facilities for fashioning finished goods. The above tasks are supported by production and manufacturing information systems. Rivera and Hernandez (1997) write that production information systems are computer programs capable of handling a production-linked data pool. Shim (2000) maintains that manufacturing information systems' mission is: applying computer technology for improving production effectiveness and processes, thereby improving product quality and decreasing manufacturing expenses. That is, manufacturing systems are systems which take in information systems technologies, material, data, equipment, and management, and employ the information and manufacturing process for generating an output of better end products.
Enterprise Collaboration Systems (Office Automation Systems)
Corporate automation systems make up one among the commonest information system varieties that assist managers in controlling organizational data flow. These systems are in charge of enhancing workgroup and team efficiency and communications. Although operating on a broad level (they aren't specific to organizational levels), these systems offer key support for a wide array of clients. They aim at supporting office activities using information technology. Email, voice mail, video conferencing, multimedia system, group decision-making and file transfers may be carried out using enterprise collaboration systems (Al-Mamary et al., 2014).
Strategic Information Systems
These systems use IT for affording firms a strategic competitive edge through its business processes, products, or services (Nowduri & Al-Dossary, 2012). They represent a special kind of corporate information system whose chief task is securing or retaining a competitive edge.
Business Plan Description of the Business The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well. The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise
Business Plan Assisted Living Facilities Residential and Day Treatment Facility Business Plan Residay Home and Residential Care provides assisted living solutions for senior adults. Residay Home and Residential Care is dedicated to making the provision of the highest quality care to senior citizens requiring or desiring an assisted living facility. Residay Home and Residential Care is located in the Tennessee Valley Area of North Alabama and is an alternative to the generally larger
And this money is required to be raised from the market as the company does not generate this amount of revenue either from profits or from internal accruals. (DeHayes, 2003) 5. What should Tim do now? After taking into account all the known and understood pros and cons, there are some points on which Tim has to take action. These are (i) the manner in which to raise capital needed either
Offered under the same roof are "consultative, diagnostic, and treatment services" which are stated to be provided "by board-certified practitioners in the fields of pulmonary medicine, otolarngology, family medicine and more." (2006) Smith reports that the laboratories experiencing the most dramatic growth are two which are located the "farthest from the Hillsboro flagship" as they are located in two areas that were "formerly underserved." (2006) Smith additionally reports that the
Federal Information Security Management Act (FISMA) The Federal Information Security Management Act places emphasis on the importance of training and awareness program and states under section 3544 (b).(4).(A), (B) that "security awareness training to inform personnel, including contractors and other users of information systems that support the operations and assets of the agency of- information security risks associated with their activities; and their responsibilities in complying with agency policies and procedures
Business Plan for a Financial Divorce Software Business Plan Divorce Software Business Plan relating to the Sales of a new Financial Divorce Software. Business Plan relating to the Sales of a new Financial Divorce Software F F1 F2 F3 G1 G1(a) G1(b) G1(c) Business Identification Keys to Success Company Summary Industry History Legal Form of Ownership Location and Facilities Management Structure Products and Service Market Analysis Target Market Industry Analysis Competitive Analysis Market Strategy Ps of Marketing Price List Selling Strategy Sales Forecast Implementation Strategy Overall Strategy Implementation Control Plan Financial Statements and Projections Revenue and Cost Estimate Forecasted Profit and Loss Statement Forecasted Balance Sheet Financial