Differences Between Internet and Intranet
Although both Internet and Intranet are used for generally similar purposes and are accessed through the same protocols, they have some drastic underlying differences that need to be addressed. While the Internet is a commonly accessed network available to anybody via the browser, Intranet is a private connection within an organization that a user has to have access rights to (Bidgoli, 2018, p. 157). It is primarily used for corporate communication within a specific business for “proprietary databases, groupware, scheduling, and workflow applications” (Bidgoli, 2018, p. 157). Therefore, despite sharing some similarities, the Internet and Intranet differ in their purposes and privacy of the network.
How A Personnel Information System (PIS) Helps Decision-Makers
Personnel Information System is a helpful tool for modern HR departments to carry out their tasks and make decisions more efficiently. With the help of PIS, the companies can instantaneously gather and analyze data on employees. Bidgoli (2018) gives an example of how PIS “saves companies at least a month of man-hours” by managing information on applicants and providing the best candidates in the hiring or employee benefits processes (p. 12). Utilizing PIS gathered evaluations, HR saves time and operates with accurate facts to execute the decisions.
How Banks Use Computers and Information Systems
Management Information Systems and computer technologies have been implemented in banking systems worldwide to ensure safety and cost-effectiveness. Some of the banking technologies include digital signatures, customer service chats, money transfers, bill pay, as well as an opportunity to find, check, update, or sign up for a mortgage, loan, and credit card (Bidgoli, 2018, p. 155). Both banks and clients employ the functionality of online banking since it is cost and time-efficient, as well as accessible anytime, anywhere.
Advantages and Disadvantages of Database Marketing
Database marketing has been a widely used tool that incorporates information about current and potential clients to advertise the company’s services or goods. However, despite having a lot of advantages, there are some drawbacks to the technology. While database marketing considerably increases profit generation, customers’ buying decisions, and communication, it requires significant funding to set up and operate, as well as particular expertise to maintain it (Bidgoli, 2018, p. 67). Therefore, implementing database marketing is mainly available only to big companies that can afford it.
Reference
Bidgoli, H. (2018). Management Information Systems. Cengage Learning.