Ghhjkll

ROLE OF INFORMATION SYSTEM IN TODAYS BUSINESS WORLD

Why Information System?

Today it is widely recognized that information systems knowledge is essential for managers because most organizations need information systems to survive and prosper. Information systems can help companies extend their reach to faraway locations, offer new products and services, reshape jobs and work flows, and perhaps profoundly change the way they conduct business.

The Competitive Business Environment and the Emerging Digital Firm

Four powerful worldwide changes have altered the business environment. The first change is the emergence and strengthening of the global economy. The second change is the transformation of industrial economies and societies into knowledge- and information-based service economies. The third is the transformation of the business enterprise. The fourth is the emergence of the digital firm.

Technology plays a key role in today's business environment. Many companies greatly rely on computers and software to provide accurate information to effectively manage their business. It is becoming increasingly necessary for all businesses to incorporate information technology solutions to operate successfully. One way that many corporations have adopted information technology on a large scale is by installing

Enterprise Resource Planning (ERP) systems to accomplish their business transaction and data processing needs. The company named SAP Aktiengesellschaft (commonly known as SAP AG in the business press) is currently the world market and technology leader in providing ERP systems. As such, this paper primarily discusses information technology implications based on the SAP system. The remainder of this introduction provides an overview of ERP software.