Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
The document discusses the importance of information in marketing decision making. It states that companies are linked through information and a lack of proper information can make decision making difficult. Marketing managers need timely, accurate, and reliable information to make calculated decisions. Both a lack of information and an abundance of unreliable information present challenges for decision making. Effective information management is important for collecting, maintaining, and accessing the right internal and external data to aid critical business decisions.
Measurement Of Performance
This article explores the common pitfalls and how to avoid them when implementing measures of performance.
https://tensix.com
The document discusses management information systems (MIS). It defines MIS as a system that provides information to support decision making and operations in an organization. MIS relies on collecting, processing, storing, and analyzing data from all parts of an organization and presenting it in a useful way to managers, executives, and other users. An effective MIS supports all business functions and management processes, including planning, organizing, staffing, directing, coordinating, and controlling. It provides timely, accurate information to help managers monitor performance, identify issues, and make informed decisions.
This document proposes creating a relational database to help Mayborn School of Journalism effectively communicate with various stakeholder groups. The database would contain information on current/prospective students, alumni, faculty, donors, and sponsors to allow tailoring messages. Data would be collected from existing sources and updated regularly. The database would support multi-channel communications including direct mail, advertising, public relations, and social media. Success would be measured through analytics tracking engagement, enrollment changes, and surveys. The goal is to promote Mayborn and increase applications/student loyalty through targeted communications.
The document discusses the history and evolution of information systems over six periods from the 1950s to present:
1) 1950s: Transaction processing systems for electronic data processing
2) 1960s-1970s: Emergence of management information systems to provide reports for managers
3) 1970s-1980s: Development of personal computers and decision support systems for interactive analysis
4) 1980s-1990s: Creation of executive information systems and growth of the internet
5) 1990s-2000s: Applications of artificial intelligence like expert systems and knowledge management systems
6) 2000s-present: Rise of e-business, e-commerce, mobile technologies, big data, and cloud computing.
The document discusses the importance of information in marketing decision making. It states that companies are linked through information and a lack of proper information can make decision making difficult. Marketing managers need timely, accurate, and reliable information to make calculated decisions. Both a lack of information and an abundance of unreliable information present challenges for decision making. Effective information management is important for collecting, maintaining, and accessing the right internal and external data to aid critical business decisions.
Measurement Of Performance
This article explores the common pitfalls and how to avoid them when implementing measures of performance.
https://tensix.com
The document discusses management information systems (MIS). It defines MIS as a system that provides information to support decision making and operations in an organization. MIS relies on collecting, processing, storing, and analyzing data from all parts of an organization and presenting it in a useful way to managers, executives, and other users. An effective MIS supports all business functions and management processes, including planning, organizing, staffing, directing, coordinating, and controlling. It provides timely, accurate information to help managers monitor performance, identify issues, and make informed decisions.
This document proposes creating a relational database to help Mayborn School of Journalism effectively communicate with various stakeholder groups. The database would contain information on current/prospective students, alumni, faculty, donors, and sponsors to allow tailoring messages. Data would be collected from existing sources and updated regularly. The database would support multi-channel communications including direct mail, advertising, public relations, and social media. Success would be measured through analytics tracking engagement, enrollment changes, and surveys. The goal is to promote Mayborn and increase applications/student loyalty through targeted communications.
The document discusses the history and evolution of information systems over six periods from the 1950s to present:
1) 1950s: Transaction processing systems for electronic data processing
2) 1960s-1970s: Emergence of management information systems to provide reports for managers
3) 1970s-1980s: Development of personal computers and decision support systems for interactive analysis
4) 1980s-1990s: Creation of executive information systems and growth of the internet
5) 1990s-2000s: Applications of artificial intelligence like expert systems and knowledge management systems
6) 2000s-present: Rise of e-business, e-commerce, mobile technologies, big data, and cloud computing.
This topic is covered under Data modelling and implementation. This project looks after an efficient billing management in a medical store. it includes a flow chart, data flow diagram, normalization etc.
Our MBA presentation on Parle Products
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
Medical Store Management System Software Engineering Projecthani2253
This document provides an overview of a medical store management system project. It describes the project title, objectives, features, scope, and deliverables. The project aims to automate the inventory, accounting, and customer management processes of a medical store to ease the workload. It will use a waterfall model and be developed in Java. Key features will include product, customer, sales, and payment management. The document outlines requirements, design, and implementation plans including user stories, data flow diagrams, and a work breakdown structure.
This document is an internship project report submitted by Jayesh Darji to BK School of Business Management in partial fulfillment of an MBA program. The report details Darji's summer internship at Parle Products Private Ltd, where they studied accounting and auditing practices. It includes an acknowledgements section, objectives, data collection methods, an executive summary of key findings, an industry overview of the biscuit sector, an overview of Parle Products, descriptions of accounting and auditing processes, and conclusions.
The document provides an overview of management information systems (MIS). It defines key concepts such as data, information, and systems. It explains that an MIS is a system for collecting, processing, storing, and distributing data to managers within an organization. The main outputs of an MIS are scheduled reports, key indicator reports, demand reports, and exception reports. These help managers monitor performance and make decisions. Overall, the document serves as an introduction to MIS, covering essential elements like the relationship between data, information, and systems.
The document discusses different types of information systems used in organizations, including transaction processing systems, management information systems, decision support systems, executive support systems, and knowledge work systems. It describes how these systems integrate functions and business processes across departments like finance, human resources, manufacturing, and sales.
This document provides information about a marketing study conducted on Parle biscuits. It includes an executive summary of the study which examined Parle's distribution system and promotional tools. It identified issues and recommendations for improvement. The document outlines the objectives of the study which were to understand Parle's marketing strategy and examine consumer preferences and competitive activities through retailer surveys. It then describes the research methodology used, including primary and secondary data collection methods.
Why is this essential? It springs from the eternal truth that the more you know your patients, the better you can respond to their current needs and predict what their future needs may be as well. The Health Care sector is now opting for Customer Relationship Management (CRM) in its daily application. CRM Health Care consists of a wide array of software products that help healthcare organizations to maintain excellent relationships with their clients. CRM enables the health care industry to get essential customer information and use it as efficiently as possible. CRM thus enables the health care sector to improve patient health, increase patient loyalty and patient retention and add new services as well. The CRM Health Care Services include strategic planning, communication services, consulting services, CRM for physicians, Campaign management, Database construction, predictive segmentation, and communications strategies.
Information Governance: Reducing Costs and Increasing Customer SatisfactionCapgemini
The document discusses best practices for information governance, including how it can help organizations reduce costs and increase customer satisfaction. It provides an overview of SAP and Capgemini's information governance best practices and addresses common questions clients have around data issues. Information governance is important because data is a key organizational asset, and governance helps ensure consistent, accurate data is available for reporting and decision making. Lack of governance can lead to issues like multiple versions of the truth and inefficient processes. The benefits of effective information governance include reduced costs through improved data management, better decisions from leveraging high-quality data, and increased customer satisfaction.
Maximizing-Efficiency-How-MIS-and-Data-Analytics-Drive-Informed-DecisionsAttitude Tally Academy
Welcome participants to the presentation on maximizing efficiency through MIS and data analytics. Discover how these tools can support informed decision-making in today's business landscape.
This document provides an introduction to management information systems (MIS). It discusses key topics such as what MIS is, why it is important, and how managers use information. It also covers business and technology trends that are shaping MIS, such as increased specialization, mergers, decentralization, and the need for improved communication and customer service. Managers are increasingly relying on information and technology to make strategic, tactical, and operational decisions to guide their organizations.
Uniwides Analytics Consultancy helps you to create smarter decisions as you to manage your most complicated business problems. It helps you use #analytics to grow your business in entirely new ways. Our experience across every industry, we can assist you turn insights into action, and action into results.
The document discusses the role of information systems in the banking sector for customer bonding. It defines an information system and explains how IS plays a vital role in business operations and success by linking departments, enhancing productivity, and increasing quality. It then outlines various IS applications used in banking like RTGS, EFT, ATMs, mobile and tele banking to computerize applications, improve efficiency and customer service, and reduce transaction costs. The importance of customer focus and retention through strategic IS applications that provide value, 24/7 support, alerts and advisories, and maintain privacy is also highlighted.
Ez datamunch healthcare business intelligenceAbhinav Gautam
This presentation helps healthcare business intelligence users to delve deeper in the nuances of business intelligence and take corrective decisions. Also there are several healthcare business intelligence dashboards that are highly critical for the success of informed decision making process.
This document discusses building smarter organizations through analytics and agility by design. It describes trends in increasing data volume, variety and velocity that challenge organizations to keep up. The document advocates building organizational capability for business agility to sense changes, understand them through insights from analytics, respond through business actions, and continuously refine actions to improve business results. It outlines approaches for data foundations, information design, agile IT models, analytics frameworks, and active business ownership to build analytics-driven organizations.
1) Organizations are seeking ways to improve business performance and maximize productivity while reducing costs in uncertain economic times.
2) The document discusses how organizations can leverage existing data and business information stored in databases to better understand business performance, make more informed decisions, and align actions with objectives.
3) CMLgroup provides business performance management solutions using metrics, scorecards, dashboards and reporting to help organizations monitor, analyze, and plan performance across different levels.
This document discusses how machine learning can help companies move beyond basic targeting and accelerate sales. It provides examples of how machine learning has helped companies improve product propensity modeling to identify prospects likely to need their products, and response propensity modeling to ensure marketing dollars are spent on prospects most likely to respond. The document argues that machine learning capabilities are essential for companies to stay competitive by helping with tasks like recommendations, text analysis, targeting, image analysis, anomaly detection, and customer analytics.
This document discusses how machine learning can help companies move beyond basic targeting and accelerate sales. It provides examples of how machine learning has helped companies improve product propensity modeling to identify prospects likely to need their products, and response propensity modeling to ensure marketing dollars are spent on prospects most likely to respond. The document also outlines considerations for applying machine learning, such as the need for quality input data and human intervention to determine the right algorithms and data sources.
The document discusses best practices for data interoperability. It notes that as customer interactions occur across multiple channels, organizations need to integrate their data to gain insights. However, data is accumulating in silos which prevents effective use unless governance is established. The key is enabling data sharing and access across departments through technical training and centralized infrastructure that provides a unified view regardless of source. This allows marketing and sales to better target customers and measure campaigns.
This topic is covered under Data modelling and implementation. This project looks after an efficient billing management in a medical store. it includes a flow chart, data flow diagram, normalization etc.
Our MBA presentation on Parle Products
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
Medical Store Management System Software Engineering Projecthani2253
This document provides an overview of a medical store management system project. It describes the project title, objectives, features, scope, and deliverables. The project aims to automate the inventory, accounting, and customer management processes of a medical store to ease the workload. It will use a waterfall model and be developed in Java. Key features will include product, customer, sales, and payment management. The document outlines requirements, design, and implementation plans including user stories, data flow diagrams, and a work breakdown structure.
This document is an internship project report submitted by Jayesh Darji to BK School of Business Management in partial fulfillment of an MBA program. The report details Darji's summer internship at Parle Products Private Ltd, where they studied accounting and auditing practices. It includes an acknowledgements section, objectives, data collection methods, an executive summary of key findings, an industry overview of the biscuit sector, an overview of Parle Products, descriptions of accounting and auditing processes, and conclusions.
The document provides an overview of management information systems (MIS). It defines key concepts such as data, information, and systems. It explains that an MIS is a system for collecting, processing, storing, and distributing data to managers within an organization. The main outputs of an MIS are scheduled reports, key indicator reports, demand reports, and exception reports. These help managers monitor performance and make decisions. Overall, the document serves as an introduction to MIS, covering essential elements like the relationship between data, information, and systems.
The document discusses different types of information systems used in organizations, including transaction processing systems, management information systems, decision support systems, executive support systems, and knowledge work systems. It describes how these systems integrate functions and business processes across departments like finance, human resources, manufacturing, and sales.
This document provides information about a marketing study conducted on Parle biscuits. It includes an executive summary of the study which examined Parle's distribution system and promotional tools. It identified issues and recommendations for improvement. The document outlines the objectives of the study which were to understand Parle's marketing strategy and examine consumer preferences and competitive activities through retailer surveys. It then describes the research methodology used, including primary and secondary data collection methods.
Why is this essential? It springs from the eternal truth that the more you know your patients, the better you can respond to their current needs and predict what their future needs may be as well. The Health Care sector is now opting for Customer Relationship Management (CRM) in its daily application. CRM Health Care consists of a wide array of software products that help healthcare organizations to maintain excellent relationships with their clients. CRM enables the health care industry to get essential customer information and use it as efficiently as possible. CRM thus enables the health care sector to improve patient health, increase patient loyalty and patient retention and add new services as well. The CRM Health Care Services include strategic planning, communication services, consulting services, CRM for physicians, Campaign management, Database construction, predictive segmentation, and communications strategies.
Information Governance: Reducing Costs and Increasing Customer SatisfactionCapgemini
The document discusses best practices for information governance, including how it can help organizations reduce costs and increase customer satisfaction. It provides an overview of SAP and Capgemini's information governance best practices and addresses common questions clients have around data issues. Information governance is important because data is a key organizational asset, and governance helps ensure consistent, accurate data is available for reporting and decision making. Lack of governance can lead to issues like multiple versions of the truth and inefficient processes. The benefits of effective information governance include reduced costs through improved data management, better decisions from leveraging high-quality data, and increased customer satisfaction.
Maximizing-Efficiency-How-MIS-and-Data-Analytics-Drive-Informed-DecisionsAttitude Tally Academy
Welcome participants to the presentation on maximizing efficiency through MIS and data analytics. Discover how these tools can support informed decision-making in today's business landscape.
This document provides an introduction to management information systems (MIS). It discusses key topics such as what MIS is, why it is important, and how managers use information. It also covers business and technology trends that are shaping MIS, such as increased specialization, mergers, decentralization, and the need for improved communication and customer service. Managers are increasingly relying on information and technology to make strategic, tactical, and operational decisions to guide their organizations.
Uniwides Analytics Consultancy helps you to create smarter decisions as you to manage your most complicated business problems. It helps you use #analytics to grow your business in entirely new ways. Our experience across every industry, we can assist you turn insights into action, and action into results.
The document discusses the role of information systems in the banking sector for customer bonding. It defines an information system and explains how IS plays a vital role in business operations and success by linking departments, enhancing productivity, and increasing quality. It then outlines various IS applications used in banking like RTGS, EFT, ATMs, mobile and tele banking to computerize applications, improve efficiency and customer service, and reduce transaction costs. The importance of customer focus and retention through strategic IS applications that provide value, 24/7 support, alerts and advisories, and maintain privacy is also highlighted.
Ez datamunch healthcare business intelligenceAbhinav Gautam
This presentation helps healthcare business intelligence users to delve deeper in the nuances of business intelligence and take corrective decisions. Also there are several healthcare business intelligence dashboards that are highly critical for the success of informed decision making process.
This document discusses building smarter organizations through analytics and agility by design. It describes trends in increasing data volume, variety and velocity that challenge organizations to keep up. The document advocates building organizational capability for business agility to sense changes, understand them through insights from analytics, respond through business actions, and continuously refine actions to improve business results. It outlines approaches for data foundations, information design, agile IT models, analytics frameworks, and active business ownership to build analytics-driven organizations.
1) Organizations are seeking ways to improve business performance and maximize productivity while reducing costs in uncertain economic times.
2) The document discusses how organizations can leverage existing data and business information stored in databases to better understand business performance, make more informed decisions, and align actions with objectives.
3) CMLgroup provides business performance management solutions using metrics, scorecards, dashboards and reporting to help organizations monitor, analyze, and plan performance across different levels.
This document discusses how machine learning can help companies move beyond basic targeting and accelerate sales. It provides examples of how machine learning has helped companies improve product propensity modeling to identify prospects likely to need their products, and response propensity modeling to ensure marketing dollars are spent on prospects most likely to respond. The document argues that machine learning capabilities are essential for companies to stay competitive by helping with tasks like recommendations, text analysis, targeting, image analysis, anomaly detection, and customer analytics.
This document discusses how machine learning can help companies move beyond basic targeting and accelerate sales. It provides examples of how machine learning has helped companies improve product propensity modeling to identify prospects likely to need their products, and response propensity modeling to ensure marketing dollars are spent on prospects most likely to respond. The document also outlines considerations for applying machine learning, such as the need for quality input data and human intervention to determine the right algorithms and data sources.
The document discusses best practices for data interoperability. It notes that as customer interactions occur across multiple channels, organizations need to integrate their data to gain insights. However, data is accumulating in silos which prevents effective use unless governance is established. The key is enabling data sharing and access across departments through technical training and centralized infrastructure that provides a unified view regardless of source. This allows marketing and sales to better target customers and measure campaigns.
Best practice for data interoperabilityCRMT Digital
This document discusses best practices for data interoperability. It notes that as customer interactions occur across multiple channels, organizations need to integrate their data to gain insights. However, data is accumulating in new silos. Achieving a holistic, secure view of data requires establishing central control and providing technical marketing training. The key is enabling complete transaction visibility and interoperability across all departments to improve marketing effectiveness.
This document discusses best practices for data interoperability. It notes that as customer interactions occur across multiple channels, organizations need to integrate their data to gain insights. However, data is accumulating in new silos. Achieving a holistic, secure view of data requires establishing central control and providing technical marketing training. Properly integrating data allows sales and marketing campaigns to be more effective by providing a complete view of customer interactions and transactions.
An imaginary business plan with the help of MIS for execution in near future. A simple presentation on MIS on a business for showing the understanding of the MIS course and its benefactors. Bangladesh Context.
Using CRM to Make Physician Referral Networking/Tracking Easier 10 09 ModifiedSuzanne Dewey
What kinds of CRM tools are available to help a physician relations effort with physician tracking? Overview of tools and benefits for physician referral development.
Enterprises are faced by information overload. Big data appears as an opportunity, but has no relevance until enterprises can put it in context of their activities, processes, and organizations, Applying MDM principles to Big Data is therefore an opportunity that enterprises should target.
This presentation covers the following topics :
- what is MDM and Information Management
- what is Big Data and what are the use cases
- why and how Big Data can take advantage of MDM ? why and how MDM can take advantage of Big Data ?
MindStream Analytics is a leading consulting firm focused on helping clients improve business understanding and decision making. With years of experience in the analytics and Business Performance Management area, MindStream offers services ranging from software selection and implementation to best practices for financial planning.
Porter's 5 Forces presentation - Marketing
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
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The document discusses different methods for collecting data through interviews. It describes interview methods as a way to gather information from individuals to compare situations and analyze real-time data. Various types of interviews are outlined, including personal, telephonic, group, individual, and depth interviews. Advantages of interviews include obtaining more information, an ability to reorder questions, and potentially more honest answers through personal interaction. However, interviews also have disadvantages like being an expensive method, potential for interviewer or response bias, taking a long time, and requiring trained resources.
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
This was a Human behavior in organisation (HBO) presentation.
Please download the file and view the presentation.
Notes for each of the slides are present in the notes section
(Images used for representational purposes only)
The document discusses unemployment, defining it as when a person is mentally and physically fit and qualified but unwilling to work. It lists several causes of unemployment including rapid population growth, jobless economic growth, inefficient sectors, and recessions. The effects of unemployment are outlined as increased suicide, alcoholism, civil unrest, loss of production, and higher government spending. The document proposes measures governments can take like job training, industry subsidies, rural development, and reducing union power. It also lists several government schemes in India aimed at increasing employment.
The document provides information about the Rajiv Gandhi Equity Savings Scheme (RGESS), which was launched in 2012 by the Union Finance Minister to encourage new equity investors. Some key points:
- RGESS allows new individual investors to claim a tax deduction of up to Rs. 50,000 on investments in equities.
- There is a 3-year lock-in period on investments made under RGESS. Eligible securities include stocks listed on the BSE 100 or CNX 100 indices and units of mutual funds.
- To qualify, investors must be new to equities, have a demat account, and have an annual income of less than Rs. 12 lakhs. Gains from
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
HR search is critical to a company's success because it ensures the correct people are in place. HR search integrates workforce capabilities with company goals by painstakingly identifying, screening, and employing qualified candidates, supporting innovation, productivity, and growth. Efficient talent acquisition improves teamwork while encouraging collaboration. Also, it reduces turnover, saves money, and ensures consistency. Furthermore, HR search discovers and develops leadership potential, resulting in a strong pipeline of future leaders. Finally, this strategic approach to recruitment enables businesses to respond to market changes, beat competitors, and achieve long-term success.
Dive into this presentation and learn about the ways in which you can buy an engagement ring. This guide will help you choose the perfect engagement rings for women.
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Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
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In this article, we will dive into the extraordinary life of Ellen Burstyn, where the curtains rise on a story that's far more attractive than any script.
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Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
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Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
2. Technology continues to grow as a fundamental component for
doing business.
Information management is key to business in the 21st century
All business will eventually be e-business.
Sales processing E- Commerce SCM Customer Services
Relation Mgmt. Investor Mgmt Investor Services Employee Services
Business in the modern era
3. Need for MIS
Support the Business Process
Support Operation of a Business Organization
Support Decision Making
Strategies for an Organization
4. One Important quote By Gates
“How you gather, manage and use information will
determine whether you win or loss.”
5. What is MIS ??
Identifying the information that is needed for effective
decision making in organizations
Developing information systems to satisfy those needs
In other words….. “ MIS is using technology to create
business value.”
20. Customer Relationship Management
Manages all ways used by firms to deal with existing and
potential new customers
Provides end- to- end customer care
Provides a unified view of customer across the
Consolidates customer data from multiple sources
The current modern business focuses on fundamental components as technology grows.
There are Areas like
eCommerce, sales processing, supply chain management, customer services, relationship management, investment management, investor services, employee services, …
Information management is key to business in the 21st century
Business which is operated today will eventually be converted into e-business at a future date.
As I it rightly said “Nearly every employee sits in front of a computer or regularly needs to access one.”
Now lets look at why do we need MIS For
MIS is used by the management at all levels to effective decision making, especially for the top management.
The top management of the company plays an active role in designing, modifying and maintaining of the total information system.
As Information system and information technology has become a vital component in any successful business and is regarded as major functional areas like other functional areas like marketing, finance, production and HR
Mainly we need MIS for :
Support the Business and its day to day process
To manage operations of any business organization
To support in decision making
For building effective strategies for the organization
As rightly said by gates
With the information you have its is important for u to gather manage and use that information to determine you’ve made profit or loss.
Basically MIS is use to identify the raw information that is essential for effective decision making in organizations.
It helps in developing various information system to satisfy those needs.
In other words….. “ MIS is using technology to create business value.”
MIS has it various implications in different sectors like
“explain the ballons”
Lets see the process
Management Information System (M.I.S.) is
basically concerned with processing of data into information.
which is then communicated to the various
Departments in an organization for appropriate
People for decision-making.
It reduces the overload of gathering information by organizing the data
It makes the control over of the data
An automated MIS system reduces human effort which was prior was done manually, and hence it may lead to a great deal of unemployment.
With automated analysis of data and report generation, trend analysis and future forecasting job security is on such fear that grows in the minds of the employees..
Now a days globalization and MIS is vary much interrelated, because its depends each other.
Without prior and proper information globalization will be failed to satisfy those people who related with this.
Marketing, advertising, resource of materials, information about customer and need of market fully depends on MIS.
Internet, core banking, Ticket reservation and e-shopping is the part of globalization, and its fully depends on MIS.
We are a small business and operate locally for sales and supply of medicinal products.
We have 2 branches at borivali and dahisar
We are 10 people operating this store chain 5 at each locationWe provide sales at our customers and also supply medicinal products to hospitals, organizations and local customers.
We also have a online order facility which allows doctors to directly place a order by sending prescription to us.
We provide this e-facility with the help of a website we have…
Lets have a look at it how it works.
No time constraints:
It can be used any where any time as there is no time constraints.
Time saving:
It saves time and transportation. Because
there is no need to go anywhere physically
.Improved customer interaction:
We also gather feedback from the customer with the help of our feedback forms
Direct communication with consumer:
With the taking feedback from
Social networking sites, online advertising on google
networks can be mediums to buzz about
online store.
Long delivery timing:
In a case where you visit to the medical store directly you get products prompt, but in case of our online service it may well take a day or two
Limitation of products:
Not all of the products are possibly listed on your store..
So hence a user doesn’t have an entire exploration of the medicines available with us .
Lack of personal services:
Personal services in which a salesman can cater to you personally and recommend any alternative medicine or give some knowledge about its side effects, that is not possible from online sales
Limited exposure:
Customer base of people booking online is not that high as many people don't have an access to the internet or are
Changing trends:
Online Retailing is fast and effective even
financial transactions can be made from any
part of the world.
People of tomorrow will feel more
comfortable to buy products through internet
only.
High availability (24 hour and seven days
a week):
Online stores are available all day they are open all the time
And with each and every click of the
mouse business is in operation.
Cut down on local competition:
Online customer services is a competitive
advantage for the company, as in we offer multiple payment modes for the customers like debit/credit cards, netbanking.
Innovation:
Customers now a days are always in a
search of innovative products. Innovation
can be either in product, place, promotion
and even price.
Competitors:
Competition is increasing day by day big
companies have already entered in this
field. They are making people habitual at
the cost of their companies.