Thomas Janovic
Info. Tech.
Week 2 Tasks
Business Information Systems: Electronic and Mobile Commerce
Most people have come across different sorts of business systems throughout their life. Many of these business organizations thrive on the proper type of electronic systems such as software designed for mobile commerce or processing transactions, and are used in pretty much every aspect of the business world. Electronic and mobile commerce has been on of the most revolutionizing methods of communication in the world, used by nearly all businesses, and is one of the most important information systems available.
Many people have heard the term “E-commerce,” whether it is on TV or in the newspaper. Business transactions made electronically either from business to consumer, business to business, or consumer to consumer are all examples of e-commerce. This system offers a cheap way for businesses to market and sell their product in a global market at a very low cost, rather than being subject to the limitations of geographical location. This idea has now taken flight and with technology today, people can conduct their business, make or change orders, or go online with a click of a button on their I-phone or laptop anywhere in the world. This is referred to as mobile commerce. Wireless devices such as phones, laptops and other mobile electronic equipment are essential for a company’s success and are great tools for businessmen/women to use so they do not have to be 10 places at once. E-commerce provides a uniquely efficient way to balance and save time. Now that entire business processes are automated, that extra time that was saved can now be put to another use to benefit the company.
Not only does e-commerce save useful amounts of time and money, it can also increase a company’s stock prices and market value. Going even further, there are many businesses that are completely internet and IS-based called E-businesses, in which all business related tasks such as accounting, accounts receivable, or human resources are accomplished through business information systems.
Information systems such as e-commerce or m-commerce involve various inputs, processing and outputs, which then provide adequate and informative feedback on whatever task one may be attempting to tackle. For example, an Ipod or mobile phone must have a network connection to access the internet. Once the device has a proper connection the person adds input such as book orders, a text to a friend, or an email to a loved one in another country. When the information, or input, is given, it starts to get processed into meaningful information. Imagine if you received a text from your friend in computer code. When the information is processed it becomes output. Through this process one may attain positive or negative feedback about the process.
Business information systems such as e-commerce and mobile commerce serve as an extraordinary way for people to communicate and run their business through the most effective and efficient ways possible. It allows for a much more organized society and culture, as well as a newly evolved way of completing tasks that normally would have taken a day or two with conventional methods.
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