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Introducing new information system to solve real business problems In this report, you are required to select an Australian company and a product that has

Introducing new information system to solve real business problems In this report, you are required to select an Australian company and a product that has an information system focused. You need to choose a company that has a strong profile of employing information systems to support business strategy. It is essential that information systems used in this company needs to gain competitive advantage. Your report should focus on how information systems contribute to the success of the company. It is important that you introduce one information system solution to the company and provide explanation on the viability of information system investment. The information system product selected must be new and provide solutions to company needs and problems. You need to justify why the information system product selected provide good return on investment using a cost-benefit analysis for the system. The company wants to save cost and required you to select the best information system product. Please conduct research in the following: a. Select a business and industry that you are interested to investigate. Provide two paragraphs about the company, including industry background and history,products or services it is offering, and overall business strategy. You must not exceed two paragraphs. b.Discuss a need to introduce new information system to the company. You need to research current real business problems that the company is currently facing. For example, sales and profits decline due to poor information systems, customer complaint, cost of labour rise resulting in the need to introduce new information system, current information systems are outdated and slow performance, new rivals enter the industry with sophistcated information systems, and so on. c. Discuss viability of each of the information system alternatives: Alternative viability 1 Alternative viability 2 Construct a table and include two alternative solutions based on cost- benefit of each of the system. d. Based on the two options, select one best option suitable in current business requirements. Discuss how the new information systems will solve business problems, help to support its business processes and competitive strategies, importance of information systems use for the company success, and its impact on the company without it. You are required to justify the reasons for selecting the information system product to meet company requirements, including outsourcing strategy and or build own system.

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