BUSINESS INFORMATION SYSTEM

PRESENTED BYNISHANT HARAN

PGDM BATCH 2015-17

PRESENTED TO

PROF. BUTCHI BABU

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 2

Meaning of BIS• Business information systems represent a system of

controls and processes which a business uses to analyze information needed to effectively manage their business. These controls and procedures can include accounting systems.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 3

Objectives of BIS• The use of information systems facilitates better

decision making in the company.• Management is able to review all the present practices

and norms and formulate new ones for the future.• Information systems are used across all realms and

functions of the business.• Management is able to better control its people and

processes and attain organizational goals.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 4

Standard Operating Procedures• Information systems tabulate and record all the

important processes and internal controls of the organization. • Standard operating procedures for all the processes are

defined by information systems. • There is uniformity in the work, and fixation of

accountability and authority becomes easier using information systems.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 5

Analyzing Options• Information systems aid in efficient and intelligent

decision making.• Using information systems, the managers are able to

evaluate the trade-offs for each method.• The cost involved, time to competition and resources

required are all contrasted and the best method is finally chosen.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 6

Electronic Commerce and its types.• Business to business.• Business to consumer.• Consumer to consumer.• E-Government.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 7

Multi-Stage model for E-Commerce.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 8

Electronic and Mobile commerce applications.• E-tail.• Cyber mail.• Electronic exchange.• Market Segmentation.• Investment and finance.• Banking.• E-boutiques.

• Advertising.• Price comparison.• Couponing.

• Marketing.• Manufacturing.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 9

Advantages and Threats to E and M Commerce.ADVANTAGES

• Reduce costs.• Speed the flow of Goods

and information.• Increase accuracy.• Improve customer

service.

THREATS

• Security.• Theft to intellectual property.• Fraud.• Invasion on consumer privacy.• Lack of internet access.• Legal jurisdiction.• Taxation

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 10

Strategies for a successful E and M Commerce• Defining the website functions.• Establishing the website.• Building traffic to your website.• Maintaining and improving the website.

05/03/2023Property of Indus Business Academy. For Academic Purpose only. 11

Thank you for your patience.