Specific sales and marketing information systems include order processing

Specific sales and marketing information systems

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Specific sales and marketing information systems include order processing, pricing analysis, and sales trend forecasting. Manufacturing and production information systems provide information for planning, product development, production or service scheduling, and controlling the flow of
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products and services. Specific manufacturing and production information systems include machine control, production planning, and facilities location. Finance and accounting information systems track an organization’s financial assets and the flow of funds. Financial and accounting systems include accounts receivable, budgeting, and profit planning. Human resources information systems maintain employee records; track employee skills, job performance, and training. They support planning for employee compensation, including pensions and benefits, legal and regulatory requirements, and career development. Systems include training and development, compensation analysis, and human resources planning. Information systems have effect business careers. Three major felids of business that have been affected are finance, marketing and operations management (Laudon, 2009). Financial people need to understand future IT changes, financial database systems, and online trading systems for managing investments and cash. Marketing personnel require an understanding of marketing database systems and systems for customer relationship management as well as Web-based systems for online sales. Operations management individuals need knowledge of changing hardware, software, and database technologies used in production and services management and an in-depth understanding of how enterprise-wide information systems for production management, supplier management, sales force management, and customer relationship management achieve efficient operations. The individuals clearly need to understand the central role databases play in managing information resources of the firm and how new hardware and software technologies can enhance business performance are individuals in the information system field. They also need skills for leading the design and implementation of new management systems, working with other business professionals to ensure systems meet business objectives, and working with software packages providing new system solutions.
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References Laudon, K., Laudon, J. (2009). Essentials of management information systems (8th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.
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