Final answer:
Information systems are integral in optimizing operations, managing human resources, handling finances, guiding marketing efforts, and supporting product management in five functional areas of an organization.
Step-by-step explanation:
The importance of information systems in the five functional areas of an organisation is substantial. In operations management, information systems optimize production processes, manage inventory, and facilitate project management. In the domain of human resource management, they enable the effective recruitment, training, and evaluation of employees.
When addressing finance and accounting, information systems are central to managing financial data and producing accurate reports. In marketing and sales, these systems help in analyzing customer data, targeting marketing campaigns, and tracking sales performance. Lastly, in product and service management, information systems support product development, maintain service quality, and manage customer relations.
The impact of new information technologies like the Internet, GPS, and GIS has been transformative, allowing more precise data analysis, global reach, and efficient resource management within these departments.