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Read this article to learn about Business Information System. After reading this article you will learn about: 1. Meaning of Business Information System 2. Features of Business Information System 3. Key Components.
Meaning of Business Information System:

Business information systems are sets of inter-related procedures using IT infrastructure in a business enterprise to generate and disseminate desired information.

Such systems are designed to support decision making by the people associated with the enterprise in the process of attainment of its objectives.

The business information system gets data and other resources of IT infrastructure as input from the environment and process them to satisfy the information needs of different entities associated with the business enterprise.

There are systems of control over the use of IT resources and the feedback system offers useful clues for increasing the benefits of information systems to business. The business information systems are sub-systems of business system and by themselves serve the function of feedback and control in business system.

Features of Business Information System:

Characteristics & features of business information system are:

1. The business information systems are subject to the dynamics of business environment and need to be flexible enough to absorb the inevitable changes in the information needs of business. They have to be efficient to satisfy the demanding and 'hard task masters,' the business managers. Thus, there is need to balance the conflicting objectives in the process of designing business information systems.

2. Business information systems need to be proactive. They should anticipate changes in information needs of users and accordingly adapt themselves to suit their needs. This has become important because of the fact that the managers get involved in the routine activities to the extent that the decision making becomes a matter of imitating what competitors are doing or planning to do, rather than making an informed choice.

3. The purpose of business information system is to cater to the information needs for decision making in business.

4. The business information systems have to be designed keeping in view the availability of financial and human resources to the business enterprise.

5. The cost effectiveness is a matter of prime concern in the development and maintenance of business information systems. Economic justification for investment in IT infrastructure for business information systems is a pre condition for its existence and sustenance.

Key Components of Business Information System:

Information systems can be described by four of their key components which are:

1. Decisions

2. Transactions and processing

3. Information and its flow

4. Individuals or functions involved.

It is difficult to observe the decision process through we can see and review the results of a decision. Transactions are usually more visible, though many current systems use computer programs, which are not easy to understand, to process transactions. In principle, an observer can see information and its flows. Individuals can be observed too, but it is not always easy to figure out the information processing functions they perform.

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Business Information System: Meaning, Features and Components

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ADVERTISEMENTS: Read this article to learn about Business Information System. After reading this article you will learn about: 1. Meaning of Business Information System 2. Features of Business Information System 3. Key Components. Meaning of Business Information System: Business information systems are sets of inter-related procedures using IT infrastructure in a business enterprise to generate ...

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Here's a reference to use

https://www.techopedia.com/definition/707/transaction-process-system-tps

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A Global information system (GIS) is the hardware and software that is used to retrieve and manipulate data in a global context. The general idea behind this set of techniques is ensuring that employees in different countries are able to collaborate on projects more effectively as well as streamlining the data flow process so that top directors are able to develop strategies to lead a multinational organisation into the future. This approach increases the support of outsourcing and globalisation which complement the distributed systems that interact with it. The use of a global IS ensures that a multinational business can intercommunicate with its various departments as well as any subsidiaries it may possess. This can also enable the firm to monitor markets across the planet simultaneously, increase efficiency and reduce overall costs associated with data flow.
Advantages:
·    flexible in responding to competitors in different countries

·   enables monitoring of foreign markets

·   easily transfer data between international branches

·   increased overall efficiency and lower costs

Sources:
http://webcache.googleusercontent.com/search?q=cache:ck06RRcCzUQJ:bcinvasives.ca/documents/doc174_GIS.pdf+&cd=4&hl=en&ct=clnk&gl=uk

https://prezi.com/bflcc-i3ffkk/global-information-system/

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Enterprise resource planning (ERP) refers to several systems and software packages utilized by a business in order to manage everyday activities including but not necessarily limited to: manufacturing, acquisition, accounting and project management. An ERP will compile the data from across every information system within a business in order to provide a platform for organisation. Having an ERP in place provides avenues for the usually isolated systems of the various departments of a business to communicate and transmit data to one another.

ERPs manage all of the data that a company will be storing so that future plans for the business and executive decisions can be competently addressed by managing staff. Besides the highest tier of the hierarchy, each department will be able to view data from across the departments of the organisation excluding information related to confidential matters.

Sources:
https://dynamics.microsoft.com/en-us/erp/what-is-erp/

https://www.webopedia.com/TERM/E/ERP.html

http://www.netsuite.co.uk/portal/uk/resource/articles/erp/what-is-erp.shtml

https://www.oracle.com/uk/applications/erp/what-is-erp.html

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An executive information system is a decision support system (DSS) that is used to assist senior executives in the decision-making process. It does this by providing easy access to important data needed to achieve strategic goals in an organisation. (Techopedia, 2018)

Early EIS’ were developed as computer-based programs on mainframe computers to provide a company’s description, sales performance and/or market research for senior executives.

https://www.techopedia.com/definition/1016/executive-information-system-eis

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http://smallbusiness.chron.com/management-information-system-2104.html

Management information system or MIS collects data from multiple sources and combines it into easy to understand information, which can be used to create reports. This helps managers with making decisions as they have the information available to them in an easy to access system.

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Problems That Can Arise in Implementing Integrated Information Systems
Source:
http://smallbusiness.chron.com/problems-can-arise-implementing-integrated-information-systems-81925.html

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5 benefits of a fully integrated information system

source:
https://eventura.com/news/five-benefits-fully-integrated-information-system/

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Business information systems are sets of inter-related procedures using IT infrastructure in a business enterprise to generate and disseminate desired information. Such systems are designed to support decision making by the people associated with the enterprise in the process of attainment of its objectives.

Characteristics:

The business information systems are subject to the dynamics of business environment and need to be flexible enough to absorb the inevitable changes in the information needs of business. They have to be efficient to satisfy the demanding and ‘hard task masters,’ the business managers.

Business information systems need to be proactive. They should anticipate changes in information needs of users and accordingly adapt themselves to suit their needs. This has become important because of the fact that the managers get involved in the routine activities to the extent that the decision making becomes a matter of imitating what competitors are doing or planning to do, rather than making an informed choice.

http://www.yourarticlelibrary.com/management/information-system/business-information-system-meaning-features-and-components/70319

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'An Office Information System (OIS) is a special purpose Automated Information System (AIS) oriented to word processing, electronic mail, and other similar office functions. An OIS is normally comprised of one or more central processing units, control units, storage devices, user terminals, and interfaces to connect these components.'

Source: https://definedterm.com/office_information_system_ois

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" A data warehouse is a federated repository for all the data that an enterprise's various business systems collect. The repository may be physical or logical. "

source:
https://searchsqlserver.techtarget.com/definition/data-warehouse

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“A decision support system may present information graphically and may include an expert system or artificial intelligence"
source:
Margaret Rouse
https://searchcio.techtarget.com/definition/decision-support-system