Information+System

What is information system?[|Definition of IS] A system is a group of components that interact to achieve some purpose. An information system(IS) is a group of components tha interact to produce information.

How important is information systems in business?
 * Six reasons why information systems are so important for business today include:**
 * 1.** Operational excellence
 * 2.** New products, services, and business models
 * 3.** Customer and supplier intimacy
 * 4.** Improved decision making
 * 5.** Competitive advantage
 * 6.** Survival