An information system is crucial to the success of a business. Itemized below are five benefits of operating an information system in a business.
<h3>What are the benefits of an Information System?</h3>
Information systems are important because:
- They help to increase and enhance operational efficiencies such as accounting, sales, inventory, and HR operations.
- They help to minimize costs. As the business makes more and more informed decisions, its costs will drop.
- It enhances customer service. Information about customers helps the business to tailor its services to the requirements of each customer.
- Information system helps the decision-makers in the business to make better and more informed decisions.
- Information systems help to ensure business continuity.
<h3>What are the requirements for creating an information system?
</h3>
An information system requires the following:
- Hardware for the computer workstation and addendums
- Software
- A network communication amongst the computers and hardware
- a map of the company's processes and the people responsible for such processes
- A procedural manual.
- Existing data from the business.
For the barber's shop, for example, some of the components of the information system he must put in place are:
A workstation that collects information about:
- Clients
- Details of Sales
- Expenses
- Compliance dates and records etc.
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Answer:
Spreadsheet
Explanation:
Spreadsheet applications like Microsoft Excel, Google Sheet, etc. makes the task of managing and presenting the mathematical data quite easy and perfect. It consists of rows and columns, and in each cell, we can apply a set of formulas. Its a great data mining tool as well, where the unprocessed data is cleaned, to form a piece of information at various levels, and fed to top management. It helps in all sorts of analysis, and like statistical analysis. And it supports data visualization as well. which makes the analysis even more fruitful and easy. However, its drawback is, the set of variables cannot be more than 3. And that is where the software like Microsoft Power BI and tableau comes into the picture. And they support spreadsheets as well as various other formats.
Answer: A keyframe is a location on a timeline which marks the beginning or end of a transition. So for example, you have a movie and it transitions to another scene, keyframes tell it when and where to start the transition then when and where to stop the transition.
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