Business Information Systems Assignment Help (GC01596)
Table of Contents
Introduction. 3
1.0 Discuss the extent to which Tesco’s business information systems help to achieve these competitive strategies
2.0 Evaluate the different methods that could be used by Tesco to acquire software for a new business information system.
3.0 Explain the 6’Cs framework and how these elements benefit Tesco.
3.1 Cost reduction.
3.2 Capability.
3.3 Communication.
3.4 Customer service.
3.5 Control
3.6 Competitive advantage.
4.0 How Tesco uses Information and Communications Technology (ICT) in its business.
4.1 Construct the supply chain for Tesco showing both upstream and downstream elements.
4.2 Identify and explain the benefits gained by Tesco through the introduction of ICT.
Information flow.
Physical flow.
Financial flow.
Conclusion.
References.
Introduction
Business information system plays a significant role in modern organizations like Tesco plc. Thus, it is significant for organizations including Tesco to use several elements of the business information system effectively and efficiently in the operation of the business. This paper outlines several factors of business information system in terms of Tesco business. In the first section, it is discussed that how the business information system applied by Tesco supports its business in gaining competitive strategies. In the second part, different methods used by Tesco to gain software for the new information management system are evaluated. In the third section, 6’Cs framework is outlined and discussed how they benefit Tesco business. In the fourth part, Tesco’s supply chain management is constructed and discussed how it supports Tesco’s business information system. Finally, it is identified and explained the benefits gained by Tesco through the introduction of ICT.
1.0 Discuss the extent to which Tesco’s business information systems help to achieve these competitive strategies
It is difficult for companies to achieve their competitive strategies. According to Boddy, Boonstra, and Kennedy (2014), competitive advantage is described as a service or product that the consumer’s value of a company is very well more than related offerings to its challengers. Besides, challengers do not have capabilities, products or services that companies do not have. As Bagad (2013) notes, competitive advantages are normally short-term because challengers regularly look for methods in order to replace competitive advantage. Companies must constantly improve modern competitive advantages to stay by struggle. A company must enlarge and execute policies to efficiently counter the over five competitive forces. Marc and Ashlyn (2013) said that companies must follow five essential competitive methods that are founded on broad differentiation, Porter’s three generic strategies of broad cost leadership and focused method. Innovation, cost leadership, and differentiation are the main competitive strategies. These are described in the table below:
| Competitive strategies | How Tesco’s business information systems help to achieve competitive strategies. |
| Cost Leadership | Tesco applies information methods in order to basically move the price of performing business as well as decreases the value of organization methods or to reduce the values of suppliers or customers, such as applying online business to consumer and business to business structures, e-procurement methods to decrease functioning costs (Tesco Annual Report, 2015) |
| Differentiation | Tesco applies information methods in order to improve discriminated characteristics and to decrease challengers’ differentiation benefits, for examples, applying online live discussion methods as well as social networks to improved value and serve consumers; applying skill to make and recommend value-added works or develop consumers’ adhesiveness to the web site, using superior and recognized processes for online procedures to offline exercises for example correct or regular methods of determining effectiveness and efficiency of marketing (Tesco Annual Report, 2015). |
| Innovation | Tesco applies information methods to recognize and make new services as well as products in order to improve new companies or to fundamentally change organizational methods by computerization Tesco performs on new ideas of functioning online functions. All at once, telecommunications networks and the internet give better opportunities as well as capabilities for innovation. Open innovations, as well as “Combinational innovation”, are the two best examples. There are a huge amount of sections on the networks which are very costly or very diverse by the organization of the networks, as well as companies could join or rejoin parts on the networks to make innovative improvements. In the meantime, employees at Tesco are associated by PC, mobile devices and laptops throughout wireless networks or mobile networks and cabled Internet, there are lots of facilities to make with consumers, external associates and internal individuals (Tesco, 2016). |
2.0 Evaluate the different methods that could be used by Tesco to acquire software for a new business information system
An effective or profitable operation of the advantaged organization is to apply different decision-making methods along with apparatus to help the business operations or consider making of decision procedure. Companies like Tesco utilize different kinds of methods to include a fast contact to vast information and data connected to the parts of distress in order to provide a plan to get an intellectual considered decision in business operation. A number of methods are described are: Data mining; Expert system; Data warehouse; Decision support systems; Tesco Clubcard System; and Data administration in decision making
Data warehouse: It is a specific database method that contains information in a plain system that is simple to analyze and recognize access. This device removes information from outer resources then converts the information into well-efficient wants or fills it into the best appearance. Data warehousing is a particular seller method that gives the latest brainpower for company customers and considered decision-makers found on trustworthy data, distributes intellectual price fall and so on (Wei Choo, 2012)………………………
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