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Mis

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Mis Mis Presentation Transcript

  • MIS
  • Data, Information and Systems Data  A given fact , a number, a statement, or a picture  Represents something in the real world  Data are sets of discrete objective facts, presented without judgment or context  The raw materials in the production of information
  • Data, Information and Systems Information  Data that have meaning within a context  Data in relationships  Data after manipulation  Data become information when they are categorized, analyzed, summarized and placed in context, becoming intelligible to the recipient.
  • Data, Information and SystemsData Manipulation Example: Customer Survey  Reading through data collected from a customer survey with questions in various categories would be time-consuming and not very helpful.  When manipulated, the surveys may provide useful information
  • Data, Information and SystemsGenerating Information  Computer-based Information System take data as raw material, process it, and produce information as output.
  • Data, Information and SystemsInformation is Critical The information we have is not what we want, The information we want is not the information we need The information we need is not available.
  • Data, Information and SystemsWhy need Information? To ensure effective and efficient decision – making leading to prosperity of the Organization.
  • Data, Information and SystemsThe Four Stages of Data Processing  Input: Data is collected and entered into computer.  Data processing: Data is manipulated into information using mathematical, statistical, and other tools.  Output: Information is displayed or presented.  Feedback: Output that is used to make changes to input or processing activities
  • Data, Information and SystemsUniversity Inputs: Students, Faculty, Textbooks Processes: Education/Courses Output: graduates Feedback: surveys, grades
  • Data, Information and SystemsToyota Plant Inputs: raw materials, components Processes: assembly line Output: mini-vans Feedback: customer surveys, quality reports
  • Data, Information and SystemsWhat is a system? A set of components that interact to accomplish goalsWhat is an IS? A set of interrelated components that collect input, process, and output data and information and provide a feedback/control mechanismWhat is a MIS? An IS that uses IT. Components: hardware, software, databases, networks, people, procedures
  • Historic Development AI Artificial Intelligence KS/ES Knowledge / Expert System ESS Executive Support System DSS Decision Support System MIS Management Information System OAS Office Automation SystemTPS Transaction Processing System
  • Management Information SystemThe three sub-components – MIS - together bring out the focus clearly & effectively. System emphasizing a fair degree of Integration and a holistic view Information stressing on processed data in the context in which it is used by the end user Management focusing on the ultimate use of such information systems for managerial decision making
  • Management Information System Support of Strategic Advantage Support of Managerial Decision Making Support of Business Operations
  • Management Information System Strategic Level Management Level Knowledge Level Operational Level
  • Operational Level Information System which monitors the elementary activities and transaction of the organization.
  • Transaction Processing System Eg.Operational Level System Sales & Marketing  Order Tracking & Order Processing Manufacturing  Plant Scheduling & Material Movement Control Finance  Securities Trading & Cash Management Accounting  Payroll, Accounts Payable, Accounts Receivable Human Resource  Compensation Training & Development & employee record keeping
  • Knowledge Level System Information System that support knowledge and data workers in an organization
  • Knowledge Level System Eg. Engineering Workstation & Word Processing Graphic Workstation & Document Imaging Managerial Workstation & Electronic Calendars
  • Management Information SystemManagement Level System Information System which support the monitoring controlling decision making and administrative activities of middle management.
  • Management Information System Eg.Sales & Marketing Sales Management & Sales Region AnalysisManufacturing Inventory Control & Production SchedulingFinance Annual Budgeting & Cost AnalysisAccounting Capital Investment Analysis & Profitability/Pricing Analysis
  • Strategic Level System Information System that supports the long range planning activities of senior managers
  • Strategic Level System Eg.Executive Support SystemSales & Marketing 5 Year Sales trend forecastManufacturing 5 Year operational planFinance 5 Year budgeting forecastAccounting Profit Planning