Computer Based Information Systems Flashcards, test questions and answers

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What is Computer Based Information Systems?

Computer Based Information Systems (CBIS) are systems that rely heavily on computer technology to store, retrieve and analyze data. They are used in nearly every industry from banking to retail and even government operations. A CBIS can help organizations make better decisions faster, streamline their operations and improve customer service.At its core, a CBIS stores data in digital format so it can be accessed quickly with little human intervention. This enables companies to automate certain tasks such as tracking inventory levels or updating customer records. It also makes it easier for managers and staff to access the information they need when making important decisions about the future of the business. Furthermore, sophisticated analysis tools allow them to draw insights from this data that would not have been possible if relying solely on manual methods.The benefits of implementing a CBIS extend beyond efficiency gains; they provide organizations with greater visibility into how their business is running at any given time. By monitoring key performance indicators (KPIs), businesses can identify problems before they become major issues, allowing them to take corrective action quickly and efficiently. Additionally, collecting large amounts of internal data allows leaders to gain deeper understanding of customers’ needs which leads to more effective marketing strategies and improved customer satisfaction scores. Despite all these advantages, getting started with a CBIS requires some initial investment in hardware, software licensing fees and ongoing maintenance costs plus additional expertise if you don’t already possess it within your organization but it will likely pay off over time as long as you use the system correctly by regularly reviewing reports generated from its usage . As such , careful planning should be done prior embarking upon such an endeavor . Ultimately , deploying a CBIS is beneficial for businesses seeking increased efficiency , cost savings , accuracy & improved decision making capabilities .