E-bay in the domain of business information system Assignment

E-bay in the domain of business information system - Assignment Example At the present, IT experts need information technology knowledge to determine the ways and functions of IT systems, to customize, design and test systems for competitive benefit, and to look for and recognize new solutions that are able to change as well as improve their business. In addition, today the functions of management information system (MIS) in a business are similar to the functions of heart in the body. In the same way, the data and information can be considered as blood and MIS is the heart. In today’s corporate and business bodies need the fresh and pure supply of blood that is attained through the MIS (the heart). In this scenario, the MIS technology also makes sure that suitable data is gathered from a variety of sources that need to be processed as well as transmitted for carrying further operations to all the required business and corporate destinations. Moreover, the system is anticipated to accomplish the information requirements of a person, a group of ind ividuals, the management processes, the managers and the top management. This report presents a detailed analysis of MIS technology and its possible advantages and capabilities for the business organizations. This report will assess EBay’s business and possible impact of information technology based system on the business. This report will outline recommendations for business improvement through the adoption of new technology based systems at the Ebay business.... This report presents a detailed analysis of MIS technology and its possible advantages and capabilities for the business organizations. This report will assess EBay’s business and possible impact of information technology based system on the business. This report will outline recommendations for business improvement through the adoption of new technology based systems at the Ebay business. MIS Technology and possible Impacts This section is aimed at assessing the MIS technology framework and possible impact of the MIS technology on any business. The MIS facilitates the clerical staff in carrying out business transaction processing as well as replying quickly to their inquiries on the data pertaining to the deal, the position of a particular record as well as references on a multiplicity of documents. In the same way, the MIS is helpful to the middle management briefing them with target setting, planning and managing the corporate processes. However, it is maintained through th e utilization of management capabilities and systems of planning and control. Additionally, the MIS technology based system performs a major role of business and corporate information and data communication, generation, problem detection and facilitates in the process of decision making. In this way, MIS performs significant functions in administration, management and various other processes of a business (Anand, 2008), (Ray, 2004), (Laudon & Laudon, 1999) and (Turban et al., 2005). In addition, MIS technology based systems deal with transaction processing like that answering the issues like that conditions of a particular record as well as multiplicity of documents. Additionally, the MIS technology system offers operational data for scheduling, planning