Information systems refer to the way in which information is gathered, customized, analyzed, shared and reported. Each information systems are invented to support these requirements of business to enable managers to take sound decisions to achieve business objectives and goals. They often overlaps each other with respect to functions they provide like gathering, comparing, analyzing, integrating different software applications and reporting. Each kind of information system supports this by varying degree of effectiveness. They all require costs, time, training to use hardware/software and changes to be adopted, to implement the system.
1. Executive Information Systems (EIS)Executive information system supports the top level management in taking strategic business decisions by providing information to executives.… Read the rest