business proposal

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BUSINESS PROPOSAL

Introduction

The Information technology is a system dealing with people , data and information , three things that have gained unforeseen significance in the information age . Today organizations have effectively shifted their focus from product to knowledge , from the item manufactured to the know-how that goes behind it . As a result information and people dealing with the information have emerged as the ultimate winners in this new era . The Information system too emphasizes this growing importance of knowledge . It represents the

strong information infrastructure every organization today seeks to achieve (King , 2005

Unlike what most people suppose this information infrastructure does not come at the cost of the human resource infrastructure , in fact both are intricately linked to each other . The more the emphasis on information grows the more the organizations will value their human resource because it is after all the people who represent the information and the know-how . Systems such as the Information system are merely created for the proper channeling of this human capacity . Hence , they will always remain mere devices that put to good use the information that employees bring to a certain organization (Kar , 2007

As a result , the growth of Information Systems in the field of technology is likely to increase the value of the employees of every firm far beyond what it is presently . Of course the organization 's work too will be far simplified thanks to the superior technology of the information system . But ultimately organizations will still be dealing with the sound knowledge and understanding of exceptionally astute workers who bring their knowledge to the firm . Life for the managers employees and the executives at any given organization could not possibly be better than what it will be once the use of information systems becomes rampant (Dollard , 2005

It could well be stated that the world is in the midst of an all-purpose technological revolution based on information technology related administration , accounting and related management applications . The macroeconomic benefits of the technology revolution are already apparent in some economies , especially the United States and United Kingdom Historical experience has shown that such revolutions have often been accompanied by financial booms and busts , and the information or software technology revolution has been no exception . But , while spending on software technology is likely to remain stable in the immediate future , as past overinvestment unwinds , the longer-term benefits for the global economy are likely to continue , or even accelerate , in the years to come . While technological change is an ongoing process , there are periods during which technological progress is especially rapid , resulting in new products and falling prices of existing products that have widespread uses in the rest of the economy Such periods are generally identified with technology revolutions Similarly , Riordan manufacturing requests for an alternative or solution to their current finance and accounting system as their current technology is unable to meet their present requirements . Thus is it is evident to research and develop a proper system...