Information Systems Essay Example | Topics and Well Written Essays - 750 words

Information Systems - Essay Example Communicating with branches and offices worldwide has never been easier than now. Purchases through online transactions have increased because of the convenience it offers. The advancement in information systems has also paved the way for shifts in media and advertising. More companies are using the web to advertise their products and services. These types of promotional campaigns are less costly for companies and they get instant feedback from customers. A well-developed information system gives a strategic competitive advantage to companies. Information systems play a vital role in business processes and operations. Information systems make it less complicated to handle numerous company data through electronic data processing, transaction processing, record keeping and accounting applications. Another way information systems transform business is it simplifies the decision-making process of employees and managers. It acts as an ad hoc support to the decision-making process by providing decision makers the information they need, when they need it. Information system literacy is the â€Å"knowledge and hands-on familiarity with hardware, software, peripherals and network components common to most information systems†(WebFinance, Inc., 2013). On the other hand, computer literacy is the â€Å"level of familiarity with the basic hardware and software (and now Internet) concepts that allows one to use personal computers for data entry, word processing, spreadsheets, and electronic communications†