Final answer:
The Tertiary Software Suite in Ghana's banking sector optimizes operations, with advantages such as efficiency and improved customer service, but faces cybersecurity risks and a digital divide.
Step-by-step explanation:
One Business Information System used in the Ghanaian economy is the Tertiary Software Suite utilized in the banking sector. This system's objective is to streamline banking operations, improve customer service, and ensure secure transactions. Its environment includes digital networks and interfaces with ATMs and mobile banking apps. It has several subsystems, such as customer relationship management (CRM) and transaction processing systems (TPS).
The system is supported by resources such as servers, databases, communication networks, and human resources to manage operations and provide IT support. The advantages include improved efficiency, accuracy in transactions, and enhanced customer satisfaction, which in turn is transforming the economy by boosting the financial sector's productivity.
However, there are drawbacks, such as the risks of cyber-attacks and the digital divide that may leave some customers behind. Recommendations for the system include investing in cybersecurity measures and providing digital literacy programs to bridge the gap.
In conclusion, the Tertiary Software Suite in the banking sector of Ghana is a robust system that plays a critical role in managing financial operations, contributing to economic growth, albeit with challenges that need to be addressed.