Characteristics of MIS
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he most important characteristics of an MIS are those that give decision-makers confidence that their actions will have the desired consequences. Relevance. The information a manager receives from an MIS has to relate to the decisions the manager has to make. ... Accuracy Usefulness Timeliness Completeness
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Management information system
MIS provides critical information support to management in their decision making across all functions. It collects data from within and outside the organization, processes it into useful information, and provides reports, analysis and tools to aid strategic planning, operations management, and other management tasks. With accurate, timely information from MIS, management can make informed decisions around goals, resource allocation, issues resolution, and performance monitoring to efficiently run the organization.
Management information systems
This document provides an overview of management information systems and related concepts. It discusses the key elements of a system including inputs, processes, outputs, feedback, and the environment. It then defines information and data, and explains how different levels of management require different types of information. The importance of information systems for decision making is highlighted. The document outlines the different types of information systems including operations support systems, management support systems, and how they support various business functions and levels of management. Finally, it discusses the system development life cycle including system investigation, analysis, design, construction, implementation, and maintenance.
System concept in MIS
This document discusses systems concepts in management information systems. It defines a system as an orderly grouping of interdependent components working together according to a plan to achieve a specific objective. A system has inputs, processes, outputs, and feedback/control mechanisms. It also has boundaries and interacts with its environment. The document describes different types of systems including closed/open, deterministic/probabilistic, human/machine, adaptive/non-adaptive, simple/complex, and abstract/concrete systems. It provides examples of systems like an educational institution and a manufacturing plant.
Decision Making and Information Systems
Premier University
[B.B.A]
Submitted To : Lecturer MS. Samima Parvez
Subject : Decision Making and Information
Semester: 5th Section: “A” Batch :22nd
Group Name: D’5
E-mail : Saimonchy20@gmail.com
MIS Support to Management
MIS uses computer technology to process and analyze large amounts of data, quickly search and retrieve information, and communicate information to users in a timely manner. It supports management functions like planning, organizing, staffing, directing, coordinating, and controlling. MIS helps ensure the appropriate data is collected, processed, and distributed to where it is needed. It provides information to support strategic planning, management control, operational control, and transaction processing.
Functional information system
This document discusses functional information systems and provides examples. A functional information system provides detailed information for specific activities and summarized information for management. It is characterized by many small database changes, systematic records, routine actions, and important data preparation efforts. Examples discussed include marketing, human resources, accounting, production, manufacturing, and finance information systems. They each provide specialized information and processing for their respective functions.
MIS Role in Production
The document discusses management information systems and production management. It provides definitions of MIS and production management. It lists input documents for production management and the role of MIS in production at the operational, tactical, and strategic levels. Some examples given include daily scheduling, production bottlenecks, and new plant location. Decision analysis in production management is also mentioned.
Structure of MIS
Basic structural concepts
Formal and informal information systems
Public and private information systems
Recommended
Management information system
MIS provides critical information support to management in their decision making across all functions. It collects data from within and outside the organization, processes it into useful information, and provides reports, analysis and tools to aid strategic planning, operations management, and other management tasks. With accurate, timely information from MIS, management can make informed decisions around goals, resource allocation, issues resolution, and performance monitoring to efficiently run the organization.
Management information systems
This document provides an overview of management information systems and related concepts. It discusses the key elements of a system including inputs, processes, outputs, feedback, and the environment. It then defines information and data, and explains how different levels of management require different types of information. The importance of information systems for decision making is highlighted. The document outlines the different types of information systems including operations support systems, management support systems, and how they support various business functions and levels of management. Finally, it discusses the system development life cycle including system investigation, analysis, design, construction, implementation, and maintenance.
System concept in MIS
This document discusses systems concepts in management information systems. It defines a system as an orderly grouping of interdependent components working together according to a plan to achieve a specific objective. A system has inputs, processes, outputs, and feedback/control mechanisms. It also has boundaries and interacts with its environment. The document describes different types of systems including closed/open, deterministic/probabilistic, human/machine, adaptive/non-adaptive, simple/complex, and abstract/concrete systems. It provides examples of systems like an educational institution and a manufacturing plant.
Decision Making and Information Systems
Premier University
[B.B.A]
Submitted To : Lecturer MS. Samima Parvez
Subject : Decision Making and Information
Semester: 5th Section: “A” Batch :22nd
Group Name: D’5
E-mail : Saimonchy20@gmail.com
MIS Support to Management
MIS uses computer technology to process and analyze large amounts of data, quickly search and retrieve information, and communicate information to users in a timely manner. It supports management functions like planning, organizing, staffing, directing, coordinating, and controlling. MIS helps ensure the appropriate data is collected, processed, and distributed to where it is needed. It provides information to support strategic planning, management control, operational control, and transaction processing.
Functional information system
This document discusses functional information systems and provides examples. A functional information system provides detailed information for specific activities and summarized information for management. It is characterized by many small database changes, systematic records, routine actions, and important data preparation efforts. Examples discussed include marketing, human resources, accounting, production, manufacturing, and finance information systems. They each provide specialized information and processing for their respective functions.
MIS Role in Production
The document discusses management information systems and production management. It provides definitions of MIS and production management. It lists input documents for production management and the role of MIS in production at the operational, tactical, and strategic levels. Some examples given include daily scheduling, production bottlenecks, and new plant location. Decision analysis in production management is also mentioned.
Structure of MIS
Basic structural concepts
Formal and informal information systems
Public and private information systems
Management information system ( MIS )
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
Decision making and mis
The document discusses decision making and management information systems. It defines decision making as developing concepts that lead to selecting a course of action from various options. A management information system provides organizations with information to manage themselves efficiently by generating management information for decision makers. It captures, processes, stores, retrieves, and disseminates data and management information to improve decision making and business performance.
Characteristic of management information system
MIS has several key characteristics:
1. It follows a system approach and is management oriented, focusing on meeting the information needs of managers at different levels.
2. It is need-based, exception-based, and future-oriented, providing projections and exception reports beyond just historical information.
3. It is integrated and allows for long-term planning, producing more meaningful information by balancing multiple factors over a long period.
Decision Support System(DSS)
A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. A DSS can provide suggestions or solutions to help decision makers, and allows modification of suggestions before validation. DSS can be classified based on their relationship with the user as passive, active or cooperative, and based on their scope as enterprise-wide or desktop. The objectives of a DSS are to increase effectiveness of decision making and improve directors' effectiveness. A DSS has components like inputs, user knowledge, outputs, and decisions.
Implementation of MIS and its methods
During the growth of a competitive global environment, there is considerable pressure on most organisations to make their operational, tactical, and strategic process more efficient and effective.
An information system (IS) is a group of components which can increase the competitiveness and gain better information for decision making. Consequently, many organisations decide to implement IS in order to improve the effectiveness and efficiency of their organisations
Information systems have become a major function area of business administration. The systems, nowadays, plays a vital role in the e-business and e-commerce operations, enterprise collaboration and management, and strategic success of the business
Structure of mis
The document discusses the structure and components of a management information system (MIS). It can be described in various ways, such as by its physical components, processing functions, outputs for users, and organizational functions. An MIS typically includes hardware, software, databases, procedures, and operating personnel. It processes transactions, maintains master files, produces reports and inquiries, and provides decision support. The outputs of an MIS include documents, reports, and results from user-machine dialogs. Effective implementation of an MIS requires planning, organizing tasks and timelines, training users, and evaluating the system once completed.
Mis & Decision Making
Decision making involves selecting a course of action from various options. Business decision making models include SWOT analysis, buyer decision processes, and cost-benefit analysis. The decision making process involves phases like intelligence gathering, problem definition, alternative identification, choice, and implementation. Management information systems, decision support systems, executive support systems, and group decision support systems can provide information and tools to support decision making. Intelligent techniques like artificial intelligence and expert systems are also used for decision support.
Transaction processing system
A transaction processing system (TPS) collects, stores, modifies, and retrieves data about business transactions. It must pass the ACID test, ensuring atomicity, consistency, isolation, and durability of transactions. There are two types - batch processing, where data is collected and processed periodically, and real-time processing, where data is processed immediately. The transaction processing cycle involves data entry, processing transactions, maintaining databases, generating documents and reports, and allowing for inquiries. The overall purpose is to keep records of the organization, process transactions that affect those records, and produce reports.
Types of mis
The document discusses different types of management information systems. It begins by explaining operations support systems, which include transaction processing systems and office automation systems. These support operational managers. It then discusses management support systems, including management information systems, decision support systems, and executive support systems. MIS provide predefined reports to middle managers, while DSS and ESS support semi-structured and unstructured decisions at higher levels.
MIS Presentation
The document discusses management information systems (MIS) and their components. An MIS provides managers with information to support decision-making and feedback on daily operations. It is an integrated collection of subsystems that are typically organized by functional areas. MIS investments benefit companies in various ways such as supporting core competencies and boosting production processes.
Types o f information systems
The document discusses different types of information systems including transaction processing systems, management information systems, decision support systems, and executive support systems. It provides details on each type, including their characteristics, objectives, examples, and how they support different levels of management within an organization. The key types discussed are transaction processing systems which handle routine business transactions, management information systems which provide reports to middle management, decision support systems which support analysis for decision making, and executive support systems which are tailored for senior executive use.
TRANSACTION PROCESSING SYSTEM
The document discusses transaction processing systems (TPS), including what they are, their history and uses. Some key points:
- TPS are systems used to record, store and manage data about business transactions like orders, payments, inventory etc.
- One of the first major TPS was SABRE, installed by IBM for American Airlines in 1960 to automate flight reservations.
- TPS are crucial for businesses of all sizes, ensuring accurate record keeping and enabling important decisions. They provide benefits like reduced errors, faster processing and standardized data handling.
Implementation & Evaluation of MIS
This Slideshare discuss about
Different methods of MIS implementation
Steps and Task in Implementation of MIS
Evaluation criteria and procedure for MIS
Management Information System
The document discusses management information systems (MIS) and related concepts. It defines MIS as a computerized business processing system that generates information for decision-making throughout an organization. The MIS collects data from various sources, processes it, and communicates relevant information to managers. This enables timely and effective decision-making for planning, directing, and controlling organizational activities. The document also discusses the roles and types of information used at different levels of an organization, including strategic, tactical, operational, and knowledge-based information. Executive information systems and decision support systems are described as tools that analyze data to support executive and managerial decision-making.
Management information system (MIS)
MANAGEMENT INFORMATION SYSTEM
Characteristic of MIS
Components of MIS
The aim of MIS
Types of MIS
Outputs of MIS
Benefits of MIS
Transaction processing system (TPS)
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
Mis notes
The document provides an introduction to management information systems (MIS). It defines MIS as a computer-based system that presents both internal and external information to support the decision-making process. MIS utilizes hardware, software, and manual procedures to analyze, plan, control, and make decisions. While MIS does not make decisions itself, it assists managers by providing consistent, accurate, timely, and relevant information as an input to the decision-making process. The document also discusses the components, functions, uses, and types of information systems.
Mis – Subsystems
The document discusses subsystems and types of management information systems (MIS). There are two approaches to defining subsystems: organisational function and activity. Organisational function subsystems support marketing, production, personnel, etc. Activity subsystems support transactions, operations, etc. Common MIS subsystems include transaction processing, production, marketing, and personnel. Types of systems include operations support systems, management support systems like management information systems and decision support systems, and executive information systems.
Six major types of information systems
This document summarizes six major information systems: Executive Support System (ESS), Management Information System (MIS), Decision Support System (DSS), Knowledge Management System (KMS), Transaction Processing System (TPS), and Office Automation System (OAS). ESS helps senior executives make strategic decisions. MIS provides reports to support middle management decisions. DSS provides tools to support semi-structured decision making. KMS manages organizational knowledge and experiences. TPS processes business transactions and generates reports. OAS automates office tasks like communication and scheduling.
Expert system (mis)
The document discusses expert systems, which are intelligent computer programs that use knowledge and inference procedures to solve problems that require significant human expertise. It describes how expert systems consist of a knowledge base containing knowledge and an inference engine that draws conclusions. It provides examples of applications like medical diagnosis and mining site selection. It outlines the key components of an expert system and discusses their benefits in replacing human experts as well as limitations like limited domains and high development costs.
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Management information system ( MIS )
Management Information System (MIS) is a planned system of collecting, storing, and disseminating data in the form of information needed to carry out the functions of management. A Management Information System is an information system that evaluates, analyzes, and processes an organization's data to produce meaningful and useful information based on which the management can take right decisions to ensure future growth of the organization.
Decision making and mis
The document discusses decision making and management information systems. It defines decision making as developing concepts that lead to selecting a course of action from various options. A management information system provides organizations with information to manage themselves efficiently by generating management information for decision makers. It captures, processes, stores, retrieves, and disseminates data and management information to improve decision making and business performance.
Characteristic of management information system
MIS has several key characteristics:
1. It follows a system approach and is management oriented, focusing on meeting the information needs of managers at different levels.
2. It is need-based, exception-based, and future-oriented, providing projections and exception reports beyond just historical information.
3. It is integrated and allows for long-term planning, producing more meaningful information by balancing multiple factors over a long period.
Decision Support System(DSS)
A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. A DSS can provide suggestions or solutions to help decision makers, and allows modification of suggestions before validation. DSS can be classified based on their relationship with the user as passive, active or cooperative, and based on their scope as enterprise-wide or desktop. The objectives of a DSS are to increase effectiveness of decision making and improve directors' effectiveness. A DSS has components like inputs, user knowledge, outputs, and decisions.
Implementation of MIS and its methods
During the growth of a competitive global environment, there is considerable pressure on most organisations to make their operational, tactical, and strategic process more efficient and effective.
An information system (IS) is a group of components which can increase the competitiveness and gain better information for decision making. Consequently, many organisations decide to implement IS in order to improve the effectiveness and efficiency of their organisations
Information systems have become a major function area of business administration. The systems, nowadays, plays a vital role in the e-business and e-commerce operations, enterprise collaboration and management, and strategic success of the business
Structure of mis
The document discusses the structure and components of a management information system (MIS). It can be described in various ways, such as by its physical components, processing functions, outputs for users, and organizational functions. An MIS typically includes hardware, software, databases, procedures, and operating personnel. It processes transactions, maintains master files, produces reports and inquiries, and provides decision support. The outputs of an MIS include documents, reports, and results from user-machine dialogs. Effective implementation of an MIS requires planning, organizing tasks and timelines, training users, and evaluating the system once completed.
Mis & Decision Making
Decision making involves selecting a course of action from various options. Business decision making models include SWOT analysis, buyer decision processes, and cost-benefit analysis. The decision making process involves phases like intelligence gathering, problem definition, alternative identification, choice, and implementation. Management information systems, decision support systems, executive support systems, and group decision support systems can provide information and tools to support decision making. Intelligent techniques like artificial intelligence and expert systems are also used for decision support.
Transaction processing system
A transaction processing system (TPS) collects, stores, modifies, and retrieves data about business transactions. It must pass the ACID test, ensuring atomicity, consistency, isolation, and durability of transactions. There are two types - batch processing, where data is collected and processed periodically, and real-time processing, where data is processed immediately. The transaction processing cycle involves data entry, processing transactions, maintaining databases, generating documents and reports, and allowing for inquiries. The overall purpose is to keep records of the organization, process transactions that affect those records, and produce reports.
Types of mis
The document discusses different types of management information systems. It begins by explaining operations support systems, which include transaction processing systems and office automation systems. These support operational managers. It then discusses management support systems, including management information systems, decision support systems, and executive support systems. MIS provide predefined reports to middle managers, while DSS and ESS support semi-structured and unstructured decisions at higher levels.
MIS Presentation
The document discusses management information systems (MIS) and their components. An MIS provides managers with information to support decision-making and feedback on daily operations. It is an integrated collection of subsystems that are typically organized by functional areas. MIS investments benefit companies in various ways such as supporting core competencies and boosting production processes.
Types o f information systems
The document discusses different types of information systems including transaction processing systems, management information systems, decision support systems, and executive support systems. It provides details on each type, including their characteristics, objectives, examples, and how they support different levels of management within an organization. The key types discussed are transaction processing systems which handle routine business transactions, management information systems which provide reports to middle management, decision support systems which support analysis for decision making, and executive support systems which are tailored for senior executive use.
TRANSACTION PROCESSING SYSTEM
The document discusses transaction processing systems (TPS), including what they are, their history and uses. Some key points:
- TPS are systems used to record, store and manage data about business transactions like orders, payments, inventory etc.
- One of the first major TPS was SABRE, installed by IBM for American Airlines in 1960 to automate flight reservations.
- TPS are crucial for businesses of all sizes, ensuring accurate record keeping and enabling important decisions. They provide benefits like reduced errors, faster processing and standardized data handling.
Implementation & Evaluation of MIS
This Slideshare discuss about
Different methods of MIS implementation
Steps and Task in Implementation of MIS
Evaluation criteria and procedure for MIS
Management Information System
The document discusses management information systems (MIS) and related concepts. It defines MIS as a computerized business processing system that generates information for decision-making throughout an organization. The MIS collects data from various sources, processes it, and communicates relevant information to managers. This enables timely and effective decision-making for planning, directing, and controlling organizational activities. The document also discusses the roles and types of information used at different levels of an organization, including strategic, tactical, operational, and knowledge-based information. Executive information systems and decision support systems are described as tools that analyze data to support executive and managerial decision-making.
Management information system (MIS)
MANAGEMENT INFORMATION SYSTEM
Characteristic of MIS
Components of MIS
The aim of MIS
Types of MIS
Outputs of MIS
Benefits of MIS
Transaction processing system (TPS)
This presentation is on the topic - Transaction Processing System. It is a topic in Information Technology for Managers. It includes the concept, characteristics, functions, advantages and disadvantages, types and application of TPS
Mis notes
The document provides an introduction to management information systems (MIS). It defines MIS as a computer-based system that presents both internal and external information to support the decision-making process. MIS utilizes hardware, software, and manual procedures to analyze, plan, control, and make decisions. While MIS does not make decisions itself, it assists managers by providing consistent, accurate, timely, and relevant information as an input to the decision-making process. The document also discusses the components, functions, uses, and types of information systems.
Mis – Subsystems
The document discusses subsystems and types of management information systems (MIS). There are two approaches to defining subsystems: organisational function and activity. Organisational function subsystems support marketing, production, personnel, etc. Activity subsystems support transactions, operations, etc. Common MIS subsystems include transaction processing, production, marketing, and personnel. Types of systems include operations support systems, management support systems like management information systems and decision support systems, and executive information systems.
Six major types of information systems
This document summarizes six major information systems: Executive Support System (ESS), Management Information System (MIS), Decision Support System (DSS), Knowledge Management System (KMS), Transaction Processing System (TPS), and Office Automation System (OAS). ESS helps senior executives make strategic decisions. MIS provides reports to support middle management decisions. DSS provides tools to support semi-structured decision making. KMS manages organizational knowledge and experiences. TPS processes business transactions and generates reports. OAS automates office tasks like communication and scheduling.
Expert system (mis)
The document discusses expert systems, which are intelligent computer programs that use knowledge and inference procedures to solve problems that require significant human expertise. It describes how expert systems consist of a knowledge base containing knowledge and an inference engine that draws conclusions. It provides examples of applications like medical diagnosis and mining site selection. It outlines the key components of an expert system and discusses their benefits in replacing human experts as well as limitations like limited domains and high development costs.
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With an increasing amount of people getting connected to Internet, the security threats that cause massive harm are increasing also.
Software re engineering
WHAT IS RE-ENGINEERING?
EXAMINATION AND ALTERATION OF A SYSTEM TO RECONSTRUCT IT IN A NEW FORM REORGANISING AND MODIFYING EXISTING SOFTWARE SYSTEMS TO MAKE THEM MORE MAINTAINABLE
Software engineering layers
WHAT IS SOFTWARE ENGINEERING?
According to IEEE software engineering is defined as the application of the systematic, discipline, quantifiable approach to development of an operation and maintenance of software.
Knowledge management and big data in business
What is knowledge?
Facts, information, and skills acquired through experience or education The theoretical or practical understanding of a subject.
Artificial intelligence
The document discusses artificial intelligence, defining it as the ability of machines to exhibit intelligent behavior, learn, and process information like humans. It provides examples of current AI applications, such as expert systems, natural language processing, neural networks, and robotics. The document also discusses the benefits of AI in healthcare, business, education, and manufacturing, but notes challenges including cost, lack of improvement over time, and potential unemployment. It concludes by stating that developing AI is a major event, but its power must be carefully considered to avoid unintended harm and maximize benefits through further research.
Strategy of software design
This document discusses different software design strategies, including top-down, bottom-up, and hybrid approaches. Top-down design starts with a generalized model and defines more specific parts, eventually composing the whole system. Bottom-up design starts with basic components and builds higher levels by composing lower levels until the desired system is evolved. A hybrid approach combines top-down and bottom-up methods. The document provides examples of when each strategy is typically used.
Features provided by c#
The following reasons make C# a widely used professional language:
It is a modern, general-purpose programming language
It is object oriented.
It is component oriented.
It is easy to learn.
It is a structured language.
It produces efficient programs.
It can be compiled on a variety of computer platforms.
It is a part of .Net Framework.
Case tools(computer Aided software Engineering)
CASE stands for Computer Aided Software Engineering and refers to the development and maintenance of software projects using various software tools to increase speed and handle changing market demands. There are classic CASE tools like debuggers and compilers as well as real CASE tools that support multiple phases of development from analysis and design to coding. Real CASE tools include diagramming, process modeling, project management, documentation, analysis, design, configuration management, change control, programming, prototyping, web development, quality assurance, and maintenance tools.
Globalwarming
The document discusses global warming and climate change. It explains that global warming is caused by increasing levels of greenhouse gases like carbon dioxide and methane in the atmosphere from the burning of fossil fuels. It describes how greenhouse gases trap heat from the sun and cause the planet to warm over time. The document also discusses past climate changes on Earth and the natural and human-related factors that can influence global temperatures. It outlines some of the potential impacts of climate change, such as rising sea levels and changes to weather patterns. Finally, it suggests individual actions people can take to help address global warming, such as using energy-efficient light bulbs and driving less.
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Characteristics of MIS
- 1. Characteristics of MIS Made by- Ankit Rawat
- 2. 1. Accurate Information must be free from errors and mistakes. This is achieved by following strict set standards for processing data into information. For example, adding $6 + 10 would give us inaccurate information. Accurate information for our example is multiplying $6 by 10.
- 3. 2. Complete All the information needed to make a good decision must be available. Nothing should be missing. If TAX is an application to the computation of the total amount that the customer should pay then, it should be included as well. Leaving it out can mislead the customer to think they should pay $60 only when in actual fact, they must pay tax as well.
- 4. 3. Cost Effective the cost of obtaining information must not exceed the benefit of the information in monetary terms
- 5. 4. User-focused The information must be presented in such a way that it should address the information requirements of the target user. For example, operational managers required very detailed information, and this should be considered when presenting information to operational managers. The same information would not be appropriate for senior managers because they would have to process it again. To them, it would be data and not information.
- 6. 5. Relevant The information must be relevant to the recipient. The information must be directly related to the problem that the intended recipient is facing. If the ICT department wants to buy a new server, information that talks about a 35% discount on laptops would not be relevant in such a scenario.
- 7. 6. Authoritative The information must come from a reliable source. Let's say you have a bank account and you would like to transfer money to another bank account that uses a different currency from yours. Using the exchange rate from a bureau de change would not be considered authoritative compared to getting the exchange rate directly from your bank.
- 8. 7. Timely Information should be available when it is needed. Let's say your company wants to merge with another company. Information that evaluates the other company that you want to merge with must be provided before the merger, and you must have sufficient time to verify the information.
- 9. Thank you