Management Information Systems is an extremely vital element of any company that treasures the usefulness of information as an essential method for organisation rivalry and technology or uncommon information systems as fundamental authoriser of information movement inside of the various operational segments. The key incentive for organisations to utilise Management Information Systems surrounded by their company value chains is to guarantee that there is systematic and success in the various operation procedures internally and externally of the company. This is accomplished by making certain that information circulates to assist important decision-making inside of the establishment.
To have a clearer understanding of MIS, I am going to outline
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It becomes interpretable when we are told that;
• 2,4,6,8 are all the answers to the first four in the 2 times table.
• Carrot, cucumber, tomato, and lettuce is a list of a few vegetable items found in households.
2. Components of an Information System
A management information system consists of five paramount elements, i.e. people, business process, data, hardware, and software. Every single one of the elements must collaborate with each other to attain company purpose.
2.1 People: these are the employees who utilise the information system to keep track of everyday company activities or proceedings.
2.2 Business procedures: Business procedures are concurred upon finest applications that conduct the users and all alternatives on how to act logically. Business procedures are evolved by the people, for example, users, consultants, managers, etc.
2.3 Data: the indication of everyday company proceedings. For example, a bank, FNB in this example, will accumulate data from ventures such as deposits, withdrawals,
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The software is divided into two main groups, firstly system software and secondly, applications software. System software applies to operating systems, for example, Chrome OS, Microsoft Windows, Mac OS, etc. Whereas application software applies to software for achieving organisational tasks, for example, word processing, PowerPoint presentations, spreadsheets, etc.
3. Types of Information Systems
There are five types of information systems:
3.1 Transaction processing systems (TPS)
Created to process standard transactions systematically and correctly. An organisation can have a number of TPS, for example:
• A sale item in the retail outlet
• Invoicing systems to dispatch statement of charges to customers
• Systems to work out wages, salaries and levy remittance
• Manufacturing and buying systems to work out unprocessed material essentials
3.2 Management information systems (MIS)
MIS is essentially associated with interior sources of information. MIS captures data from the TPS and sums it up into a sequence of administrative records. Intermediate level management and operational directors mostly use MIS records.
3.3 Decision support systems
• The four major systems each have its own database and interfaces had to be built for them to all communicate with each other. This is caused information to show in multiple formats and is difficult to reconcile. Providing accurate reports for banking and government regulators is very challenging.
This category is not found in all businesses as it is not always essential. Large businesses tend to have an entire division for operations and it habitually has its own hierarchy to make sure that operations are processed appropriately and in a formal order. Smaller businesses tend to have a senior manager or a small management team who are in control of the business’ operations. Personnel - this category is the indispensable area involved in almost every business. Personnel are responsible for ‘carrying’ the business as they are required for tasks such as directly selling products to customers.
Components Computers have one or a lot of big or small R-A-M chips inside. RAM chips are a random access memory chip inside, the computer uses it to store information that will be used anytime or used to store something like the copy clipboard(The copy clipboard is the thing that stores what you copy to paste later) to delete/change later. There is also a spinning or solid state hard drive that uses DVD like disks that stores information like your video games, pictures, or other things. A CPU is the thing that your computer uses to do all the processing work, like our brain but not like it. CPU stands central-processing-unit.
There are different kinds of operating systems in the technology world. Microsoft makes Windows which is the most widely used operating system in the world. 90% of the world uses it. The most used after Microsoft is Apple which makes OSX. There is also Ubuntu and Unix.
Task 1- Hardware components 1. Motherboard- The motherboard is a circuit that links hardware components together to allow them to communicate and receive power through a bus system. The bus is a series of wires that transfers data packets between components. 2.
1. What types of applications are described here? What business functions do they support How do they improve operational efficiency and decision making? Applications described here are email, design, spreadsheets and which would support the operational functions of a business. The iPad and iPhone in the case of Eric Jackson allows him to be mobile conduct business with clients and employees share ideas designs and hold meetings without being present.
Unit 312 Design and Produce Documents in a Business Environment 1. Understand the purpose and value of designing and producing high quality and attractive documents. 1.1 Describe different types of documents that may be designed and produced and the different styles that could be used. There are lots of different types of document that can be produced in a business environment, e.g. agendas, minutes, spreadsheets, letters, presentations, business cards, charts etc. Agendas - An agenda is a list of what should happen in a meetings, generally in the in the order in which they are to be taken up.
Many people in the company need access to data to help them do their job better. The main questions revolve around who needs what data, and who chooses what data gets to be shared. Looking at all the pieces, as well as the IT and information assets, the governance of the data belongs to a data owner (Khatri & Brown, 2010). The main questions to be answered must include who is the data owner? Who is responsible for data quality?
ADMS 2511. Management Information System Section Q Raqib Ibrahim Prof. M.Zia ul Haq 215251754 Case Assignment 1 Question A i) Data items: Example of Data in Lululemon case is sales over $1 billion. Data item is a set of description which gives information but does not convey a meaning. ii) Information: As stated above the sales resulted in over $1 billion but actually the 10 percent of those sales were from the Internet store.
Organization structure – The whole activies are divided in the department and the responsibility and hirenchy of each department is well defined. However Senior management needs to be more focused on Strategic Initiative rather than Daily Operations .For this it is Important to develop a second Rung of Leadership. Human Resource Plan – The Human resourse plant is defined for all the employee and the system for the recruiting , training & development, benefits and reward is well established.
Q. 2. Recent development in Technology has enabled huge global organizations to avail information easily in their premises for smooth functioning of various departments within an organization. Much of a company's success comes down to its Supply Chain Management and logistics. The development of Information Systems in SCM helps in cost reductions, customer satisfaction and productivity.
This condition led me towards problem related with shortage of time at the time of submission of the project. On other hand, I also faced some critical issues related with understanding and interpreting the subject and research context. Prior to the project, I used to possess only elementary knowledge of Management Information System and its implication in real life scenario. In
Big Data There are many different definitions for Big Data. SAS (n.d.) an analytical software company describes it as, “a popular term used to describe the exponential growth and availability of data, both structured and unstructured.” Many think Big Data just came into existence but it has been around for years. Banks, retail, advertisers have been using big data for marketing purposes.
The use of communication and unity are the key characteristics for a well- run organization. This reenterates the statement made by O’Toole and _____ involvement from managers enforces subordinates to move forward in a more suitable manner. Consequently organizational structure is necessary for a well implemented
How to Grow Cucumbers in Your Home Garden Cucumbers rank right up there with tomatoes when it comes to favorite vegetables, and no home garden should be without a cucumber vine or two. Cucumbers are easy to grow and under the right garden growing conditions, a couple of cucumbers vines will keep a family eating fresh cucumbers all summer. Choose the Right Cucumbers to Grow Cucumbers come in several different growing varieties, to know which variety is best for your garden, think about garden space and how you plan to eat the cucumbers. The bush growing variety of cucumbers grow on small compact bushes and take up less space in your garden than vine growing cucumbers.