The document discusses different types of information systems based on functions and constituency. It describes financial information systems, marketing information systems, human resource information systems, and production information systems. It also discusses the hierarchy of information systems from transaction processing systems up to executive support systems. The MIS structure consists of different information systems that provide information relevant to specific management levels, organizational functions, and management functions in an integrated way.
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Introduction to types of information systems based on functions (Marketing, Finance, etc.) and constituency (Lower, Middle, Top management).
Overview of financial information systems including funds determination, allocation, management subsystems, and budgeting control.
Details marketing information systems, including components like marketing research and intelligence subsystems that support effective marketing decisions.
Highlights the model of Human Resource Management Information Systems focusing on various subsystems that assist HR functions.
Introduces the production information system with subsystems related to industrial engineering, production, inventory, and quality management.
Classification of management information systems based on management levels, including Transaction Processing Systems (TPS) and their role.
Explains Management Information Systems, their relationship with TPS, and support for planning and control across various business functions.
Describes Decision Support Systems designed for specific managerial tasks and their components differing from traditional MIS.
Defines Executive Support Systems as specialized DSS for CEOs, emphasizing comprehensive support for decision-making.
Discussion on the holistic MIS structure encompassing various information systems at different management levels.
Concludes the presentation by emphasizing the importance of understanding information systems in relation to organizational goals.
Two perspective
1. Basedon different functions
Marketing, Finance, HRM, Operations etc.
2. Based on constituency
Lower mgmt., Middle mgmt., Top mgmt.
3.
Financial Information System
Every organisation whether business or non-business is
required to perform financial activities in order to carry
its operations.
Financial decisions have three major dimensions:
Determination of total amount of funds to be used by the
organisation
Determination of what specific assets the organisation should
acquire, i.e. allocation of funds among various assets in an
efficient manner
Determination of how the needed funds would be
financed/raised
Basically, raising, distributing and administrating
funds.
4.
Model of FinancialInformation
System
Accounting
subsystem
Financial
Intelligence
subsystem
Database
Users
Funds
Management
subsystem
Control
subsystem
Data flow
Information flow
Output Subsystem
Input Subsystem
5.
Accounting Subsystem
Capturestransaction data and
processes these to prepare various
account books.
To ascertain the cumulative effect of
the transactions in the form of financial
statements like P&L statement, Balance
sheet etc.
6.
Financial Intelligence
Subsystem
Itgathers relevant information from
financial environment comprising
specialized financial institutions,
commercial banks, stock exchange,
monetary policy etc. for raising funds
and investing surplus funds for making
profits.
7.
Funds Management
Subsystem
Ittracks the information flow related to
acquisition, distribution and
administration of funds.
8.
Control System
Anotheroutput of financial information
systems.
Task of ensuring that activities are producing
the desired results.
Helps in exercising control related to financial
aspects of organizational operations.
Budgetary Control – Preparing budgets and
optimum utilization of resources to achieve
the goal.
Marketing Information System
It consists of people, equipment and
procedures to collect, sort, analyze, evaluate
and distribute needed, timely, and accurate
information to marketing decision makers.
For this, we may take the following aspects of
marketing:
Types of products to be offered
Price at which products to be offered
Place where products to be offered
Promoting products to win customers
11.
Model of MarketingInformation
System
Marketing research
subsystem
Marketing
Intelligence
subsystem
Database Users
Product
subsystem
Pricing
subsystem
Distribution
subsystem
Promotion
subsystem
Data flow
Information flow
Output Subsystem
Input Subsystem
12.
Marketing Research System
Marketing research subsystem collects
data from external sources particularly
from distributors, retailers and
customers
Various packages are available
performing variety of applications like
statistical analysis etc.
Product Subsystem:
Product subsystem collects information
that helps in determining product features,
market segmentation, product positioning
and branding.
Pricing System:
Traces information related to price fixation
and price change.
15.
Distribution subsystem:
Traces information for selecting distribution
channel and managing supply chain/
distribution.
Promotion Subsystem:
Traces information to design promotion
mix and various promotional efforts that
can be undertaken.
Model of aHuman Resource
Information System
H R research
subsystem
H R
Intelligence
subsystem
Database Users
H R Acquisition
subsystem
H R Development
subsystem
Appraisal &
Compensation
subsystem
Industrial relations
subsystem
Data flow
Information flow
Output Subsystem
Input Subsystem
Based on Constituency
–MIS Classification
This perspective examines systems in terms
of the various levels of management and
the type of decisions that they support.
Transaction Processing System (TPS)
Management Information System (MIS)
Decision Support System (DSS)
Executive Support System (ESS)
Office Automation Systems (OASs)
Business Expert Systems (BESs)
21.
Transaction Processing
System
TPSrepresents automation of fundamental,
routine processing used to support to
business operations.
Does not provide any information to user
for decision – making.
DATA PROCESSING DATA
Input Output
22.
It isalso known as Data Processing System.
It is restricted to the lowest level of
management hierarchy.
Transaction may be
External (from customers, suppliers etc.)
Internal ( transferring work in process from one
stage to the next, recording depreciation on
equipment)
Transaction Processing
System
Management Information
System
MISuses TPS as its input
Information generated may be used for
control of operations
Strategic and long-range planning
Short-range planning
Management control
Other managerial problem solving
25.
Management Information
System
Thedomain of MIS is management level
control of management hierarchy.
MIS is more comprehensive as compared to
TPS.
MIS is capable of providing analysis,
planning and decision-making support.
As MIS is an integrated system, it caters to
information needs for managers in all
functional areas.
26.
The functionalareas of a business may
be
Marketing
Production
Human resource
Finance etc.
Management Information
System
27.
Decision Support System(DSS)
Decision support system is tailored to
specific managerial task or specific problem.
It is designed primarily to serve
management control and strategic planning
level managers.
Comprises of three components :
Database
Model base
User Interface
Database :Contains master files (internal
corporate data) and data from external
sources.
Model Base : Library of models to manipulate
and analyze the data in the desired ways. This
model might include econometric models to
forecast demand by industry and simulate
models of the corporation.
User Interface : The interface through which
the user can communicate with the DSS.
Decision Support System (DSS)
30.
DSS canbe differentiated from MIS in terms
of its processing capabilities.
The MIS processes data to convert it to
information whereas DSS processes
information to support the decision making
process of a manager.
Decision Support System (DSS)
ESS isan extension of MIS which is a
special kind of DSS.
It is tailored for the use of chief executive
of an organization to support his/her
decision-making.
It is comprehensive information system
which includes various types of decision-
support systems.
Executive Support System
(ESS)
MIS STRUCTURE-Holistic view
MIS STRUCTURE CONSISTS OF DIFFERENT INFORMATION
SYSTEMS WITH EACH SYSTEM PROVIDING INFORMATION
RELEVANT TO A SPECIFIC AREA WHICH MAY BE IDENTIFIED ON
THE BASIS OF:
MANAGEMENT LEVELS – TOP, MIDDLE, AND LOWER
ORGANISATIONAL FUNCTIONS – PRODUCTION, MARKETING,
FINANCE, AND PERSONNEL
FUNCTIONS OF MANGEMENT – OPERATIONAL PLANNING AND
CONTROL, MANAGEMENT CONTROL,STRATEGIC PLANNING.
Various information systems and their integration determine the MIS
architecture/structure.
MIS PROFESSIONAL
1. ChiefInformation Officer
2. System Analyst
3. Database Administrator
4. Network Specialist
5. Programmer
6. Operator
37.
CONCLUSION
To understandinformation system, one
must understand
Organization goals/objectives
The problem they are designed to solve
Their architectural and design elements
The organizational process that lead to
these solutions.