Lesson 5
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Information systems perform four main functions: input, storage, processing, and output. Input involves collecting data that is stored securely in the system. Processing transforms the raw data into useful information by activities like comparing, calculating, and identifying trends. The system then produces an output of the processed information in various formats to support different users and business functions, with feedback also provided to improve future system performance.
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Organizational
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dependent on hardware and enerov consumption 5. Includes the hardware, software, and
telecommunications equipment that, when combined, provides the underlying foundation to
support the oraonization's doals 6. Supports operationsManagement information systems hav and
even changed the way companie operations, generate growth, and incr The goal of this activity is
for you to id Instructions: For each item listed belo 1 Sunnorts the environment (Click to select)
Information MIS Infrastructure Agile MIS Infrastructure Sustainable MIS Infrastructure 3. Supports
chanqe 4. Identifies ways that a company can gr hardware and enerav concumption 5. Includes
the hardware, software, and support the oraanizatinnin - 7 ls.
Overall Approach to Data Quality ROI
Learn the importance of Data Quality and the six key steps that you can take and put into process to help you realize tangible ROI on your data quality initiative.
Mis
The document provides information about management information systems and related concepts. It defines data as raw facts and figures, and information as processed data that is meaningful to end users. It distinguishes data from information, and outlines the data-information-decision process. It also classifies different types of information systems such as transaction processing systems, management information systems, and executive information systems.
ERP and related technology
ERP integrates business of an organization through a centralized database. The organizational data and transaction data are stored in the database. This data is a rich source of information. There are many software tools that would process the data and discover useful patterns. These techniques are referred to as data mining. The data from an ERP system may not be directly usable by data mining tools. The data may have to be pre-processed and made ready for data mining. A data warehouse is created from the ERP data that makes the data ready for data mining. An organization needs to interact with their suppliers for obtaining the raw material or semi-finished goods. They also need to interact with their retailers and dealers. These interactions may happen using EDI technology. Supply chain management (SCM) refers to managing suppliers and retailers. Customers are the reason why a business exists. The focus has changed from providing customer a product to providing a service built around the product. Customer relationship management (CRM) is the technology that helps an organization to manage its customers. CRM and SCM both integrate with ERP system and are collectively referred to as ERP-II.
Information System(IS).pptx
Information systems combine hardware, software, and networks to collect, create, and distribute useful data in organizations. They process transactions, manage applications, and help people make decisions. Data on its own has no meaning, but when organized and analyzed it becomes meaningful information that supports decision making. Organizations have both open systems that share information externally and closed systems like research that keep information private. Different types of information systems support operations, management, and decision making.
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Lesson 5
- 1. FUNCTIONS OF AN Unit 2 Information INFORMATION SYSTEM Systems
- 2. FUNCTIONS What do Information Systems do?
- 3. EXAMPLES
- 4. INPUT Input is the data that you collect. This data can be anything but it will not mean anything to anybody until it is processed. If processed in different ways it will mean different things to different people. For example: Sales figures For the management to monitor how the business is performing For the salary department for calculating bonuses For the warehouse department for reordering purposes
- 5. STORAGE Storage of information has to be secure. If it is personal information then it falls under the data protection act. The information has to be kept safe but also has to be accessible whenever the organization needs it so easy access is essential.
- 6. PROCESSING This is the stage that changes ‘data’ into ‘information’ Some of the processes that can be carried out are: Comparing Calculating Summarizing Monitoring Identify trends
- 7. OUTPUT Output is what is provided after the data has been processed. It can be a wide variety of different results such as: Finance information Stock information Marketing information
- 8. FEEDBACK Feedback into the system will often be used to help improve things in the future. For example: Sales data for a stock control system. This could note which products have increasing sales and reorder these products from suppliers in order to reduce the likelihood of being out of stock. A similar example is management looking at the sales reports to see which products are selling well and which are not. To maximise profit, they might choose to increase the price of the products that are selling well and reduce the price or offer a promotion on those that are not selling well.