One of the main things Wal Mart is recognized for is combining cutting edge

One of the main things wal mart is recognized for is

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recognized for is combining cutting edge information systems and procedures that drive out expenses and provide advantage over their competition. To maintain a competitive advantage Wal-Mart constantly pursues trying to improve the technology used. Wal-Mart concentrates on monitoring prices so they can offer products at a cheaper price to consumers. Therefore, Information Systems are vital in guaranteeing the company’s success. Many major companies focus on jobs involving production, manufacturing, accounting, and marketing and sales, but what Wal-Mart offers is a lead in sales and marketing by offering cheaper prices by manufacturing at wholesale values. Enabling their information systems to improve productivity and drive out costs that eventually allow them to offer similar products at cheaper prices to make them different from other stores and hence decreases buyer power. Businesses function has improved due to technology. Technology is the engine that drivesthe marketplace. Information technology has changed the scene of how business is running through advanced developments, approaches, and trends. “Information systems use information
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IT SYSTEM RECOMMENDATION4technology to collect, create, and distribute useful data. Information technology includes hardware, software, and telecommunications networks.” (Valacich & Schneider, 2016) Information technology has permitted increased partnership between employees, workforce mobility and flexibility, connectedness, time and price explanation, and improved business models. “An information system can be defined technically as a set of interrelated components that collect or retrieve, process, store, and distribute information to support decision making and control in an organization. In addition to supporting decision making, coordination, and control, information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products” (Laudon & Laudon, 2009, p. 11). Companies want to use these advancements in technology to keep developing requests to help them successfully retail their products and services through brick and mortar locations and over the internet. Informationtechnology has also helped to produce an infrastructure where businesses are linked to their vendors, shippers, customers, producers, and dealers up to the second. Information technology isan organizer for economic and financial success in today’s constant evolving business scene. People and businesses have changed to where they must rely on information systems every day for day-to-day functions, development, planning, executive choices, and decision-making practice. Business use information systems and Internet of Things (IoT) to make a more preferred way at shopping. The Internet of Things (IoT) is “the concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cellphones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of. (Morgan, 2014). It is imperative to recognize
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