INFORMATION SYSTEM

Name

Table of Contents

B) Impacts of using previous information system 4

2. Evaluation of competitive strategies through information system 5

1. Identification of the major information system that exist in the organization

As being an employee of the First Gulf Bank, the organization follows management information system in the organization to formulate its policies and tactical strategies. To runs, their business around the globe First gulf bank follows some information system to evaluate the strategic performance, smooth operation, formulate policies etc within the organization. Information system plays a significant role in running the business organization smoothly. There are mainly types of information system available to run the business organization is as follows:

This system is mainly specialized system, which built to promote the creation new ideas, or knowledge and this knowledge or technical skill are properly integrated to evaluate its business performances. These systems of information are followed by the organization to formulate its policies and tactical strategies (Wood-Harper, 2016).

A) Problems solved by previous management system

1) Many institutional models

2) Different lending methodology

B) Impacts of using previous information system

1) Focusing on profitability

2) Increases productivity and efficiency

7) It process information and compiles it to support decision-making process

8) It follows a standard and compliance

2. Evaluation of competitive strategies through information system

Low cost leadership

Product differentiation

Strengthen customer and supplier intimacy

Reference list

Cassidy. (2016). A practical guide to information systems strategic planning. Florida : CRC Press .

Leidner, G. &. (2014). Strategic information management. abingdon, london: Routledge.