Adms 2511 Managment Information System

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A co-operative such as the hypothetical Ethiopian co-operative could have a fixed sales price for its yarn (by grade and type of wool) on its website. Customers could order and pay online, and producers would also be paid a fixed rate based upon the weight of the yarn. The web site system would be an example of a computer-based information system (CBIS). Explain how each of the following components of a CBIS could be used to provide for a successful website-based system for the co-operative. (i) hardware (ii) software (iii) database (iv) network