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1. Information systems are essential in business today because most organizations need information systems to survive and prosper. Information systems can help companies extend their reach to faraway locations, offer new products and services, reshape jobs and work flows and perhaps profoundly change the way they conduct business. 2. In a digital firm any piece of information required to support key business decisions is available at any time and anywhere in the firm. Digital firms respond and sense to their environments far more rapidly than traditional firms, giving them more flexibility to survive in turbulent times. 3. Any information system is interrelated components working together to collect, process, store and disseminate information to support decision making, coordination, control analysis and visualization in an organization. Data is raw facts before they have been organized and arranged into a form that people can understand and use. Information is data that been shaped into a form that is meaningful and useful to human beings. 4. Processing converts raw data to useable information.
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