Information Systems and Technology

Table of Contents

Introduction.....3

Proposed Information Systems.....4-6

* Office Automation Systems

* Transaction Processing System

* Functional Area Information Systems

* Supply Chain Management System

* Electronic Commerce System

Conclusion.....7

References.....8

Introduction

Information systems and technology are vital to all businesses in today's market. Whether it's a global chain, food stand, mom-and-pop shop, or handmade goods sold out of a home, any business can stand to benefit from the right information systems and technology. Rock Out Records is no different. By incorporating modern systems and technology, we can potentially enhance business growth and efficiency.

There are five information systems that would make a great fit with Rock Out Records. The office automation system, transaction processing system, functional area information systems, supply chain management system, and electronic commerce system will be introduced and discussed for further consideration. As shown in table 1 below, each system offers benefits that help manage the business by storing, organizing, and processing data used to track sales, connect with suppliers, process payroll, and business accounting.

Table 1

Type of system | Function | Example |

Office automation system | Supports daily activities, payroll, taxes | Microsoft Office |

Transaction processing | Processes the transaction data | Point-of-sale terminal |

Functional area information systems | Support activities within a specific functional area | Payroll processing system |

Supply chain management system | Manages products with suppliers | Wal-Mart retail link system connecting retailers to Wal-Mart|

Electronic commerce system | Enables sales and other transactions via internet | eBay, iTunes, Amazon |

Proposed Information Systems- Details, Advantages, and Disadvantages

* Office Automation System- This system provides administrative support for the business with word processing, scheduling, and communication tools. Sale signs, notices, contact information, client databases, employee schedules, announcements, and messages can all be processed and delivered quickly via e-mail, voicemail, videoconferencing, and groupware (chapter 2). The advantages are organization, speed, better communication, and this system is easy to learn and operate. Disadvantages include the risk of improper use (such as inappropriate messages and misuse of private information), and time spent training all employees how to use the system.

* Transaction Processing System- This system monitors, collects, stores, and processes data from the store's basic business transactions. With the best examples being a checkout terminal and manual card swiping machine, these systems have become very recognizable and popular amongst business owners and consumers alike. The main advantages are flexibility and convenience, because this allows consumers the option to pay with their card without having to run out to the bank or ATM when they do not have enough cash to pay up front. Since Rock Out Records also carries valuable collectibles, our various flexible payment options should prove to be consumer-friendly The disadvantage of