A Management Information System (MIS) is a system that collects, processes, stores, and provides information to support decision-making and management functions in an organization. It includes hardware, software, databases, telecommunications networks, manual procedures, and people. An effective MIS provides accurate and timely information to assist managers at different levels of the organization in planning, controlling, and decision-making. It helps improve business processes, reduce costs, and gain a competitive advantage.
The data flow diagram shows the system as a PROJECT MANAGEMENT SYSTEM with two main processes: Process Project and Process Task. It depicts the flow of data between external entities (Project Manager and Team Members), the data store (Project Database), and the two processes. The diagram is drawn with 3 sentences describing the key components and data flows.
The system: Here is a data flow diagram for the process of project management:
The system is represented as a PROJECT MANAGEMENT SYSTEM with two main processes: Process Project and Process Task.
Process flow for a PROJECT: The Project Manager provides project details to the Process Project, which stores the data in
The document discusses Management Information Systems (MIS). It defines MIS as the study of people, technology, organizations, and the relationships between them. The goal of MIS is to help organizations realize maximum benefit from investments in personnel, equipment, and business processes. MIS uses information systems at all levels of businesses to collect, process, store, and disseminate data needed for daily operations and strategic decision making. The document also discusses typical career paths for MIS professionals and the traits that make someone well-suited for a career in MIS.
Information system management mba4 sem unit 1Naveen Sharma
Overview of MIS, Definition of MIS, MIS as an evolving concept, MIS and other Academic discipline. Subsystem of MIS, Operating Elements of an Information System, MIS for decision making.
Management Information Systems (MIS), referred to as Information Management and Systems, is the discipline covering the application of people, technologies, and procedures collectively called information systems, to solving business problems.
Management information System and its typesAbdul Rehman
Management information System
Difference between MIS and IS
Importance of MIS
Characteristics of MIS
Types of MIS: Expert System, Decision support system, Executive Information System
The purpose of the program is to provide MIS Professional Knowledge (Modules and Implementations) as per requirement of the Market and Modern Business Environments. So that graduate can implement MIS system in any organization with complete confidence through the skills and practical training provided to them during workshop and training session. By Khurram Baig RIBAMS 00923154139016 - 3138854562
Mis project report on DELHI INFO.COM MANAGEMENT INFORMATION SYSTEMpankaj pandey
This document is a project report submitted by Pankaj Pandey for their BBA degree. The report details the development of a Management Information System called Delhi Info.com. It includes sections on the objectives, technologies used including HTML and databases, system design diagrams, the software development lifecycle model, and testing. The overall aim is to develop a computer-based system to manage information about Delhi that is easy to use and update.
The document discusses management information systems (MIS) and how they are used to support operations, management, and decision-making in organizations. An MIS integrates people, processes, and technologies to collect and analyze data across departments. It provides accurate and timely information to various management levels for human resource and other business decisions. The document also outlines some common HRIS systems used in organizations and challenges that can arise when implementing an MIS.
The data flow diagram shows the system as a PROJECT MANAGEMENT SYSTEM with two main processes: Process Project and Process Task. It depicts the flow of data between external entities (Project Manager and Team Members), the data store (Project Database), and the two processes. The diagram is drawn with 3 sentences describing the key components and data flows.
The system: Here is a data flow diagram for the process of project management:
The system is represented as a PROJECT MANAGEMENT SYSTEM with two main processes: Process Project and Process Task.
Process flow for a PROJECT: The Project Manager provides project details to the Process Project, which stores the data in
The document discusses Management Information Systems (MIS). It defines MIS as the study of people, technology, organizations, and the relationships between them. The goal of MIS is to help organizations realize maximum benefit from investments in personnel, equipment, and business processes. MIS uses information systems at all levels of businesses to collect, process, store, and disseminate data needed for daily operations and strategic decision making. The document also discusses typical career paths for MIS professionals and the traits that make someone well-suited for a career in MIS.
Information system management mba4 sem unit 1Naveen Sharma
Overview of MIS, Definition of MIS, MIS as an evolving concept, MIS and other Academic discipline. Subsystem of MIS, Operating Elements of an Information System, MIS for decision making.
Management Information Systems (MIS), referred to as Information Management and Systems, is the discipline covering the application of people, technologies, and procedures collectively called information systems, to solving business problems.
Management information System and its typesAbdul Rehman
Management information System
Difference between MIS and IS
Importance of MIS
Characteristics of MIS
Types of MIS: Expert System, Decision support system, Executive Information System
The purpose of the program is to provide MIS Professional Knowledge (Modules and Implementations) as per requirement of the Market and Modern Business Environments. So that graduate can implement MIS system in any organization with complete confidence through the skills and practical training provided to them during workshop and training session. By Khurram Baig RIBAMS 00923154139016 - 3138854562
Mis project report on DELHI INFO.COM MANAGEMENT INFORMATION SYSTEMpankaj pandey
This document is a project report submitted by Pankaj Pandey for their BBA degree. The report details the development of a Management Information System called Delhi Info.com. It includes sections on the objectives, technologies used including HTML and databases, system design diagrams, the software development lifecycle model, and testing. The overall aim is to develop a computer-based system to manage information about Delhi that is easy to use and update.
The document discusses management information systems (MIS) and how they are used to support operations, management, and decision-making in organizations. An MIS integrates people, processes, and technologies to collect and analyze data across departments. It provides accurate and timely information to various management levels for human resource and other business decisions. The document also outlines some common HRIS systems used in organizations and challenges that can arise when implementing an MIS.
Management information system presentationmujtabanaeem1
Management information systems (MIS) gather data from multiple online systems, analyze the information, and report it to aid management decision-making. An MIS consists of hardware, software, organizational procedures, executives, and data processing. It provides advantages like organizational identification, improving the company's image, using customer data, and gaining competitive advantages. The purpose of an MIS is to support efficient management and business planning through the combination of human and computer-based resources.
Management Information Systems (MIS) provide accurate and timely information to support decision making across various departments in an organization. MIS involves processing data into useful information that is communicated to managers. The main purpose of MIS is to deliver the right information to the right people at the right time in the right format and at the right cost. An effective MIS integrates people and technology to support operations, management and decision making.
1st solve assignment Management information systemDanish Saqi
Information systems are essential for running and managing modern businesses. They help reduce costs, improve efficiency and productivity, minimize litigation risks, safeguard vital information, support better decision making, and preserve corporate memory. Porter's competitive forces model examines how five competitive forces - traditional competitors, new market entrants, substitute products/services, suppliers, and customers - shape a firm's competitive strategies. Firms can use information systems to develop strategies to deal with these competitive forces, such as by creating new products/services, improving customer intimacy and gaining competitive advantages.
Information system in business assignmentACCA Global
This document discusses various information systems used in business such as accounting information systems, marketing information systems, sales information systems, human resource information systems, library information systems, research and development information systems, and purchase information systems. It provides details on the inputs, processes, outputs, storage, and other elements of each system. The document was submitted to Ma'am Saman Naz by Omer Shahzad for his class at the Institute of Management Sciences, Bahauddin Zakariya University in Multan, Pakistan.
This document provides an overview of management information systems (MIS). It defines MIS as using information technology, people, and processes to record, store, and process data into useful information for decision-making. The document then discusses the evolution of MIS from the 1950s to the present day, covering transaction processing systems, management information systems, decision support systems, executive information systems, knowledge management systems, and e-business. It also outlines the key components, objectives, and characteristics of an effective MIS.
The document provides an overview of different types of information systems, including transaction processing systems, office automation systems, management information systems, decision support systems, group decision support systems, expert systems, and executive support systems. It describes the characteristics, components, uses, and examples of each type of system. It also discusses the different levels of decision making in organizations and the major roles of information systems in supporting business operations, decision making, and competitive advantage.
The document discusses the concept of management information systems (MIS). It defines MIS as a system that collects information in a systematic manner to support managerial functions like planning, organizing, directing and controlling. An MIS provides processed data and reports to various levels of management on a regular basis. It plays a vital role in organizations by supporting transaction processing, management control, strategic planning and more. The use of computers and software enables managers to leverage tools and techniques that would be impossible without technology. An MIS draws from various academic disciplines like management theory, operations research, accounting and more. It aims to meet the diverse information needs of various users in an organization.
MIS plays a vital role in organizations, similar to the heart in the body. It helps satisfy diverse needs through systems like query systems and decision support systems. MIS also helps strategic planning, management control, operational control, and transaction processing for junior, middle, and top-level management in communication, problem identification, and decision making.
The document discusses different types of information systems including transaction processing systems, office automation systems, management information systems, decision support systems, group decision support systems, expert systems, and executive support systems. It provides brief definitions and descriptions of each type of system, highlighting their key characteristics, components, and applications.
This document discusses the structure of management information systems (MIS). It outlines four approaches to structuring MIS: physical components, information system processing functions, decision support, and levels of management activities and organizational functions. The physical components include hardware, software, databases, procedures, and operating personnel. The information system processing functions are to process transactions, maintain master files, produce reports, and process inquiries and interactive applications. The organizational functions supported by MIS are production, finance, personnel, marketing, strategic planning, management control, operational control, and transaction processing.
Management information system question and answerspradeep acharya
This document discusses management information systems and related topics. It covers external forces like competition and internal factors like the need for knowledge-intensive work that are driving changes in information systems. It also discusses the components of information systems, including input/output processes and data processing. Steps in the system development life cycle are outlined. The advantages and disadvantages of enterprise resource planning systems are listed. The distinction between system software and application software is explained. Network security defenses like firewalls and their role in protecting information are described.
The document discusses various types of information systems used in organizations. It describes Transaction Processing Systems (TPS) which process daily routine transactions. Decision Support Systems (DSS) provide information to support semi-structured and unstructured decision making. Group Decision Support Systems (GDSS) facilitate collaborative problem solving by groups. Executive Information Systems (EIS) address the information needs of senior executives. Expert Systems use specialized knowledge to solve complex problems in limited domains.
This document provides an overview of management information systems (MIS). It defines MIS as computer systems used to manage hardware, software, data, procedures, and people to analyze and facilitate strategic and operational activities. The history of MIS is discussed from mainframe computers in the first era to today's enterprise systems. Different types of MIS are described like decision support systems, executive information systems, and enterprise resource planning systems. Advantages of MIS include improved decision making, competitive advantages, and enhanced customer management. The document concludes with how workforce management systems and analytics can be used to enhance productivity.
This document is the table of contents for a student's Masters in Business Administration thesis submitted to their professor on Management Information Systems. The document outlines chapters on topics such as the introduction of management information systems, the differences between data and information, components of systems, types of information systems, and more. It provides an overview of the key areas and concepts that will be discussed in the student's MBA thesis project.
The document discusses the MIS structure of digital firms. It notes that with advancements in internet, web communications, and information technology, business processes now cross organizational boundaries and make operations digital. All supply chain processes from ordering to delivery are now digital. This covers areas like ERP, SCM, and CRM. It also discusses how traditional hierarchical organizational structures are being replaced by flatter structures in digital firms to allow for more flexibility, delegation of decision making, and a more outcome-driven culture. Employees can now work more flexible hours and locations through technology.
This chapter discusses decision support systems (DSS) and how they differ from traditional management information systems (MIS). DSS provide interactive support to managers during semistructured decision making through tools like analytical models, databases, and computer modeling. MIS produce predefined reports to support more structured decisions. The chapter outlines several types of DSS including executive information systems, enterprise portals, online analytical processing (OLAP), geographic information systems, and data visualization systems. It also discusses how various analytical techniques can be used in DSS to support decision making.
Chapter 2 Management Information System (Basics)management 2
Management Information Systems (MIS) refers both to the study of information technology in business settings and to systems used to support operational and tactical decision making. There are different types of problems including structured problems, which can be addressed by programmed decisions and automated systems, and unstructured problems, which require unprogrammed decisions and can be addressed using decision support systems. The goals of an MIS are to provide managers with information to help with regular operations, control, organization, planning and decision making.
A management information system (MIS) is a series of processes that collects, analyzes, and displays data to aid decision making at all levels of management. It has several components, including people, procedures, data, hardware, and software. The primary goal of MIS is to organize data from across a business, summarize it, and facilitate improved decision making and productivity. MIS supports management functions like planning, organizing, controlling operations, and decision making by providing accurate and timely information.
Management information systems (MIS) provide managers with tools to efficiently organize and evaluate departments within an organization. An MIS includes software, databases, hardware, decision support systems, and computerized processes that help managers make decisions and run departments effectively. The main goals of an MIS are to provide accurate and timely information to support decision-making, planning, control, and overall operations. Digital firms have enabled core business relationships through digital networks and technology platforms, allowing them to operate more efficiently on a global scale and adapt quickly to market changes.
Management information systems (MIS) provide managers with tools to efficiently organize and evaluate departments within an organization. An MIS includes software, databases, hardware, decision support systems, and computerized processes that help managers make decisions and run departments effectively. The main goals of an MIS are to provide accurate and timely information to support decision-making, planning, control, and overall operations. Digital firms have enabled core business relationships through digital networks and technology platforms, allowing them to operate more efficiently on a global scale and adapt quickly to market changes.
Major challenges of information systems include: 1) addressing globalization needs, 2) designing effective information architectures, and 3) maximizing the benefits of technology competitively. Management information systems aim to provide managers with historical data to aid planning and control decisions. They systematically collect and organize data to transform it into useful information for management. However, information systems also face limitations such as inability to replace human judgment and decreased effectiveness over time.
Management information system presentationmujtabanaeem1
Management information systems (MIS) gather data from multiple online systems, analyze the information, and report it to aid management decision-making. An MIS consists of hardware, software, organizational procedures, executives, and data processing. It provides advantages like organizational identification, improving the company's image, using customer data, and gaining competitive advantages. The purpose of an MIS is to support efficient management and business planning through the combination of human and computer-based resources.
Management Information Systems (MIS) provide accurate and timely information to support decision making across various departments in an organization. MIS involves processing data into useful information that is communicated to managers. The main purpose of MIS is to deliver the right information to the right people at the right time in the right format and at the right cost. An effective MIS integrates people and technology to support operations, management and decision making.
1st solve assignment Management information systemDanish Saqi
Information systems are essential for running and managing modern businesses. They help reduce costs, improve efficiency and productivity, minimize litigation risks, safeguard vital information, support better decision making, and preserve corporate memory. Porter's competitive forces model examines how five competitive forces - traditional competitors, new market entrants, substitute products/services, suppliers, and customers - shape a firm's competitive strategies. Firms can use information systems to develop strategies to deal with these competitive forces, such as by creating new products/services, improving customer intimacy and gaining competitive advantages.
Information system in business assignmentACCA Global
This document discusses various information systems used in business such as accounting information systems, marketing information systems, sales information systems, human resource information systems, library information systems, research and development information systems, and purchase information systems. It provides details on the inputs, processes, outputs, storage, and other elements of each system. The document was submitted to Ma'am Saman Naz by Omer Shahzad for his class at the Institute of Management Sciences, Bahauddin Zakariya University in Multan, Pakistan.
This document provides an overview of management information systems (MIS). It defines MIS as using information technology, people, and processes to record, store, and process data into useful information for decision-making. The document then discusses the evolution of MIS from the 1950s to the present day, covering transaction processing systems, management information systems, decision support systems, executive information systems, knowledge management systems, and e-business. It also outlines the key components, objectives, and characteristics of an effective MIS.
The document provides an overview of different types of information systems, including transaction processing systems, office automation systems, management information systems, decision support systems, group decision support systems, expert systems, and executive support systems. It describes the characteristics, components, uses, and examples of each type of system. It also discusses the different levels of decision making in organizations and the major roles of information systems in supporting business operations, decision making, and competitive advantage.
The document discusses the concept of management information systems (MIS). It defines MIS as a system that collects information in a systematic manner to support managerial functions like planning, organizing, directing and controlling. An MIS provides processed data and reports to various levels of management on a regular basis. It plays a vital role in organizations by supporting transaction processing, management control, strategic planning and more. The use of computers and software enables managers to leverage tools and techniques that would be impossible without technology. An MIS draws from various academic disciplines like management theory, operations research, accounting and more. It aims to meet the diverse information needs of various users in an organization.
MIS plays a vital role in organizations, similar to the heart in the body. It helps satisfy diverse needs through systems like query systems and decision support systems. MIS also helps strategic planning, management control, operational control, and transaction processing for junior, middle, and top-level management in communication, problem identification, and decision making.
The document discusses different types of information systems including transaction processing systems, office automation systems, management information systems, decision support systems, group decision support systems, expert systems, and executive support systems. It provides brief definitions and descriptions of each type of system, highlighting their key characteristics, components, and applications.
This document discusses the structure of management information systems (MIS). It outlines four approaches to structuring MIS: physical components, information system processing functions, decision support, and levels of management activities and organizational functions. The physical components include hardware, software, databases, procedures, and operating personnel. The information system processing functions are to process transactions, maintain master files, produce reports, and process inquiries and interactive applications. The organizational functions supported by MIS are production, finance, personnel, marketing, strategic planning, management control, operational control, and transaction processing.
Management information system question and answerspradeep acharya
This document discusses management information systems and related topics. It covers external forces like competition and internal factors like the need for knowledge-intensive work that are driving changes in information systems. It also discusses the components of information systems, including input/output processes and data processing. Steps in the system development life cycle are outlined. The advantages and disadvantages of enterprise resource planning systems are listed. The distinction between system software and application software is explained. Network security defenses like firewalls and their role in protecting information are described.
The document discusses various types of information systems used in organizations. It describes Transaction Processing Systems (TPS) which process daily routine transactions. Decision Support Systems (DSS) provide information to support semi-structured and unstructured decision making. Group Decision Support Systems (GDSS) facilitate collaborative problem solving by groups. Executive Information Systems (EIS) address the information needs of senior executives. Expert Systems use specialized knowledge to solve complex problems in limited domains.
This document provides an overview of management information systems (MIS). It defines MIS as computer systems used to manage hardware, software, data, procedures, and people to analyze and facilitate strategic and operational activities. The history of MIS is discussed from mainframe computers in the first era to today's enterprise systems. Different types of MIS are described like decision support systems, executive information systems, and enterprise resource planning systems. Advantages of MIS include improved decision making, competitive advantages, and enhanced customer management. The document concludes with how workforce management systems and analytics can be used to enhance productivity.
This document is the table of contents for a student's Masters in Business Administration thesis submitted to their professor on Management Information Systems. The document outlines chapters on topics such as the introduction of management information systems, the differences between data and information, components of systems, types of information systems, and more. It provides an overview of the key areas and concepts that will be discussed in the student's MBA thesis project.
The document discusses the MIS structure of digital firms. It notes that with advancements in internet, web communications, and information technology, business processes now cross organizational boundaries and make operations digital. All supply chain processes from ordering to delivery are now digital. This covers areas like ERP, SCM, and CRM. It also discusses how traditional hierarchical organizational structures are being replaced by flatter structures in digital firms to allow for more flexibility, delegation of decision making, and a more outcome-driven culture. Employees can now work more flexible hours and locations through technology.
This chapter discusses decision support systems (DSS) and how they differ from traditional management information systems (MIS). DSS provide interactive support to managers during semistructured decision making through tools like analytical models, databases, and computer modeling. MIS produce predefined reports to support more structured decisions. The chapter outlines several types of DSS including executive information systems, enterprise portals, online analytical processing (OLAP), geographic information systems, and data visualization systems. It also discusses how various analytical techniques can be used in DSS to support decision making.
Chapter 2 Management Information System (Basics)management 2
Management Information Systems (MIS) refers both to the study of information technology in business settings and to systems used to support operational and tactical decision making. There are different types of problems including structured problems, which can be addressed by programmed decisions and automated systems, and unstructured problems, which require unprogrammed decisions and can be addressed using decision support systems. The goals of an MIS are to provide managers with information to help with regular operations, control, organization, planning and decision making.
A management information system (MIS) is a series of processes that collects, analyzes, and displays data to aid decision making at all levels of management. It has several components, including people, procedures, data, hardware, and software. The primary goal of MIS is to organize data from across a business, summarize it, and facilitate improved decision making and productivity. MIS supports management functions like planning, organizing, controlling operations, and decision making by providing accurate and timely information.
Management information systems (MIS) provide managers with tools to efficiently organize and evaluate departments within an organization. An MIS includes software, databases, hardware, decision support systems, and computerized processes that help managers make decisions and run departments effectively. The main goals of an MIS are to provide accurate and timely information to support decision-making, planning, control, and overall operations. Digital firms have enabled core business relationships through digital networks and technology platforms, allowing them to operate more efficiently on a global scale and adapt quickly to market changes.
Management information systems (MIS) provide managers with tools to efficiently organize and evaluate departments within an organization. An MIS includes software, databases, hardware, decision support systems, and computerized processes that help managers make decisions and run departments effectively. The main goals of an MIS are to provide accurate and timely information to support decision-making, planning, control, and overall operations. Digital firms have enabled core business relationships through digital networks and technology platforms, allowing them to operate more efficiently on a global scale and adapt quickly to market changes.
Major challenges of information systems include: 1) addressing globalization needs, 2) designing effective information architectures, and 3) maximizing the benefits of technology competitively. Management information systems aim to provide managers with historical data to aid planning and control decisions. They systematically collect and organize data to transform it into useful information for management. However, information systems also face limitations such as inability to replace human judgment and decreased effectiveness over time.
This document discusses management information systems (MIS). It defines MIS as a formal system that provides management with accurate, timely, and relevant information to facilitate decision-making and help organizations function effectively. It explains that MIS involves collecting, processing, storing, and distributing data. The key components of MIS are hardware, software, people, data, and business procedures. The objectives of MIS are to capture, process, store, retrieve, and propagate information. The advantages of MIS include centralized data storage, smooth workflow, easier access to information, and strategic planning support. Potential disadvantages include high setup costs, fraud risks, and heavy reliance on technology. The document concludes by providing an example of MIS applications in probation services.
Management information systems (MIS) provide information to support decision making and operations in organizations. An MIS combines human and computer resources to collect, store, retrieve, communicate, and use data. It serves various functions like strategic planning, management control, operational control, and transaction processing. An MIS benefits organizations by facilitating planning, minimizing information overload, encouraging decentralization, bringing coordination, and making control easier.
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.
Wasim ali .118. types of mis & advantage & disadvantage of misWaseemAli58
Management information systems (MIS) provide routine information to managers and decision-makers through organized collections of people, procedures, software, databases, and devices. There are several types of MIS, including transaction processing systems, decision support systems, executive information systems, office automation systems, and marketing information systems. MIS have advantages like improved decision-making, communication, and productivity. However, they also have disadvantages such as security risks from hacking, a focus on quantitative over qualitative data, and lack of flexibility.
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.
Management Information System (MIS) is a computer-based system that processes data into information to support operations, management, and decision-making across departments in an organization. MIS provides managers with tools to organize, evaluate, and efficiently manage their departments. It integrates hardware, software, data, people, and procedures to facilitate planning, control, and decision-making in an organization. An effective MIS focuses on products, customers, costs, marketing, and risks to make information available for strategic decision-making.
Running head Key Factors in Computer Information Systems1Ke.docxwlynn1
Running head: Key Factors in Computer Information Systems
1
Key Factors in Computer Information Systems
2
Does Management Plays A Key Factor in Computer Information System Field?
Keenen L. Rush
Savannah State University
Business Research (BUSA 2185 02)
Dr. Lundy
February 6, 2019
Abstract
This paper purpose is to give key factors on why it is important to have management throughout the Computer Information System field. There has been reports that fortune 500 companies believe management is not a key factor pertaining to computer information systems. People believe in this field that management is to controlling over people and don’t allow the workers to finish their objective. As I reviewed companies that are stricter on management versus others the ones that are strict are usually more successful and last longer. This study is to answer one question does management really plays a key factor in the CIS world. Overall this study should help you realize management should be mandatory throughout this field and should always be implemented in any company.
What does Computer Information System consist of?
What are some roles of Management in Computer Information Systems?
Do companies find Computer Information Systems necessary for their company?
Keywords: Controlling, Strict, Successful, Computer Information Systems
Does Management Plays A Key Factor in Computer Information System Field?
Many people wonder what Computer Information Systems is and how companies implement it within their business. Questions have been constantly asked what the purpose of management within the CIS department of a company is. Godfrey B (2018) felt that storing, managing, documenting, analyzing, and visualizing geographic data were some of the main components of CIS. Every company in the world functions with an Information System department without one a company can not be successful. Management in CIS provides wide-ranging and reactive property management services for the entire CIS portfolio, as well as third-party contracts. CIS is also devoted to constructing lasting tenant relations by employing open-minded community managers.
Many experts have study that management is one of the biggest components in the computer information system field. There have been companies who try to disregard having management in their cis department because of the cost. Cis perform remote troubleshooting including power check, physical connection review and power cycling to restart hardware and this doesn’t come cheap. Studies have shown fortune 500 companies spends millions on IT equipment for multiple reasons. First reason to keep up with data and also collect data on sales, customers, competitors, marketing strategies and so much more. Another reason is everything you can think of is run through a computer within a company whether it’s the company Wi-Fi, Website, E-mail, Phones, which are all things you need for a company to be successful.
One deficiency within my studies is.
Management Information System and Analysis Unit-2.pdfhemanth502232
The document discusses management information systems (MIS). It provides definitions of MIS and describes its nature, scope, objectives, characteristics, stages of development, organizing issues, and types of controls. MIS is defined as a system designed to study people, technology, organizations, and their relationships. It provides decision-oriented information to management. The scope of MIS is growing with digital transformation and includes careers in IT, analytics, banking, and healthcare. Controls in MIS help ensure accurate, valid and secure input, processing, output, storage and use of information.
Master of business administration m.i.smusheer1234
Management information system (MIS) provides information to support decision making and management functions. Value chain analysis examines the primary and support activities involved in a business process to understand how to better manage costs and create value. Business process reengineering (BPR) is a fundamental rethinking and radical redesign of business processes to achieve improvements in critical areas like cost, quality, and speed. Data warehousing and data mining allow organizations to analyze large amounts of data from various sources to identify patterns and make informed decisions. When used together, these tools can help organizations optimize processes, reduce costs and improve performance through effective use of information.
Information system presentation assignment 1 (management information system) ...vibrant6000
This document summarizes key aspects of management information systems (MIS), including definitions of MIS and different types of MIS. It discusses how MIS is useful for companies in planning, control, and decision making. Examples of companies that use MIS are provided. The impacts of MIS on organizations are that it facilitates flattening of hierarchies, increases speed of decision making, and empowers lower-level employees. MIS provides strategic information to management to make competitive decisions and transform organizations.
Management information system kirti ranakirtirana23
The document discusses management information systems (MIS). It defines MIS as a system consisting of people, machines, procedures, databases, and data models that gathers data from internal and external sources of an organization. The purpose of an MIS is to provide necessary information to management in a suitable form and time to aid in decision making. An MIS collects data from various sources, processes and organizes it to help businesses make better operational and strategic decisions.
This presentation is about managment and how it is affect the whole organization in a good way or bad way. I've made a small research about Toyota company and how they've applied the six business objectives.
This presentation was one of the requirements of MIS203 course in Yanbu University College.
This document discusses management information systems (MIS). It defines MIS as a system that processes data into information to facilitate decision making across departments in an organization. The document outlines the objectives, characteristics, types, advantages, and need for MIS. It concludes that MIS helps analyze operational systems to support planning and control activities across an organization by automating and supporting human decision making.
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.
The document discusses various types of entrepreneurship and entrepreneurial resources. It describes nine main types of entrepreneurship: small business, large company, scalable startup, social, innovative, hustler, imitator, researcher, and buyer. It also discusses tangible resources like money and equipment as well as intangible resources such as networks and experience that entrepreneurs can utilize. Sources of startup financing are also briefly mentioned.
1 Entrepreneurship models by Prof RAVINDRA PUJARI Management ConsultantRAVINDRA PUJARI
The document discusses the definitions and characteristics of entrepreneurs and entrepreneurship. It begins by defining an entrepreneur as an individual who creates a new business and bears most of the risks and rewards. It describes how entrepreneurs bring new ideas to market through innovation. The document then discusses different types of entrepreneurs based on the type of business, their willingness to accept new ideas, and more. It also compares and contrasts entrepreneurs with managers.
There are several methods for companies to participate in international markets outside of their home country. A joint venture is when two or more parties create a new business entity together with shared ownership, returns, risks, and governance. Choosing the appropriate mode of entry depends on factors like costs, risks, and desired level of control in the foreign market.
Before the Industrial Revolution, products were locally marketed to satisfy demand. Post-1750, large manufacturers dominated and needed to expand markets globally. However, international marketing was complex, as each country had different currencies, languages, trade policies, business regulations, cultures, and politics. As markets globalized further, companies adopted various orientations to international marketing, from ethnocentric, where the domestic market is viewed as superior, to polycentric and regiocentric, which better accommodate local differences, to geocentric, with a coordinated global strategy.
Nutech-Nail.inc is an alliance between Nutech Group and Nail.inc of USA, bringing the first international cosmetic brand to India in 2010. Nail polish contains chemicals like nitrocellulose, solvents, and pigments that form a shiny, flexible film. A SWOT analysis found strengths in retail presence and opportunities in expanding product lines and awareness. The document discusses marketing strategies like distributing across malls, drug stores, and salons while promoting through events, magazines, demonstrations, and attractive packaging.
A brand is a name, symbol or design that identifies a product or service and distinguishes it from competitors. Branding has existed since humans first began identifying ownership of goods and animals. A brand promises a unique, consistent quality and service to customers. Building a strong brand provides benefits like increased visibility, loyalty, differentiation and business value. Key aspects of branding include the brand name, logo, slogan, positioning and creating an emotional connection with customers through a memorable brand essence.
The document discusses various aspects of advertising including:
- Advertising is a part of marketing used to raise awareness and create interest in a brand. It is one way to reach target customers and promote products or services.
- Promotion is one of the four Ps of marketing mix and includes techniques like advertising, personal selling, sales promotion, and public relations.
- Advertising has several objectives like informing buyers, persuading buyers, reminding buyers, facing competition, and building brand image. Key decisions involve setting objectives, budgets, messages, media selection and measuring effectiveness.
The document discusses how people often fall into repetitive routines in their daily lives. It emphasizes the importance of continually learning new things and having new experiences to avoid boredom and stagnation. Regularly challenging oneself with novel activities stimulates the brain and increases dopamine, resulting in feelings of joy and enthusiasm. The key is to keep putting oneself in situations where one is doing something for the first time to experience a sense of wonder, exploration and self-improvement.
The document discusses marketing and its key aspects. It defines marketing as the process of communicating the value of a product or service to customers so that the product or service sells. Marketing involves consumer research, product development, and advertising to raise awareness and generate interest in the product, ultimately leading to sales. Sales is the direct interaction with customers to persuade them to purchase the product. The document also discusses the four Ps of the marketing mix - product, price, place, and promotion - which are key factors in effective marketing.
Research in business management an introduction.RAVINDRA PUJARI
The document discusses research in business management. It defines research as a systematic process of gathering information to aid decision making. Research involves identifying problems, designing a research plan, collecting and analyzing information, and presenting findings. The document also describes different types of research including basic, applied, exploratory, descriptive, and causal research. It discusses qualitative and quantitative research methods, as well as sampling and its importance in research.
The document discusses various aspects of building strong brands. It defines what a brand is and explains that brands are built over time based on consumer perceptions, expectations and experiences with products or services. A strong brand is described as being relevant, consistent, sustainable, credible, inspirational, appealing and properly positioned. It also emphasizes the importance of brands being unique and consistent in delivering what they promise to build trust among consumers. Various elements that make up a strong brand like name, logo, slogan are also highlighted.
The document discusses advertising and provides definitions. It states that advertising is any paid non-personal communication from an identified sponsor using mass media to influence audience choice. It also notes that advertising is usually structured/composed information that is paid for and persuasive about products/services/ideas.
Physical distribution involves efficiently moving finished goods from production to consumers. It is part of the larger distribution process, which also includes wholesale and retail. Key elements of efficient physical distribution include inventory planning and control, transportation, warehousing, order processing, and materials handling. Various transportation modes like trucking, rail, air, water, and pipelines are used depending on factors like cost, distance, and type of goods. Order processing directly impacts a business' ability to meet customer service standards. Technologies like barcoding and electronic data interchange help improve the efficiency of physical distribution and order processing.
This document discusses distribution channels and channel of distribution. It defines distribution channels as the set of pathways a product takes after production to reach the consumer. It then discusses various characteristics of channels of distribution like route, flow, composition, functions, and remuneration. It also discusses factors that influence the selection of distribution channels like whether the product is industrial or consumer, perishability, unit value, style obsolescence, and more. Finally, it discusses common channels of distribution, methods of determining distribution intensity, and problems in determining marketing channels.
Personality Development Tips by RAVINDRA PUJARIRAVINDRA PUJARI
Personality development is about celebrating one's uniqueness and individual traits by igniting dormant passions. It involves moving from an inert state to a motivated and joyous living through enthusiasm, positive thinking, self-discipline, communication skills, and other traits. Some tips for personality development include staying positive, being passionate, handling emotions well, communicating effectively, facing challenges confidently with patience, and learning proper breathing techniques.
Full-RAG: A modern architecture for hyper-personalizationZilliz
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
zkStudyClub - Reef: Fast Succinct Non-Interactive Zero-Knowledge Regex ProofsAlex Pruden
This paper presents Reef, a system for generating publicly verifiable succinct non-interactive zero-knowledge proofs that a committed document matches or does not match a regular expression. We describe applications such as proving the strength of passwords, the provenance of email despite redactions, the validity of oblivious DNS queries, and the existence of mutations in DNA. Reef supports the Perl Compatible Regular Expression syntax, including wildcards, alternation, ranges, capture groups, Kleene star, negations, and lookarounds. Reef introduces a new type of automata, Skipping Alternating Finite Automata (SAFA), that skips irrelevant parts of a document when producing proofs without undermining soundness, and instantiates SAFA with a lookup argument. Our experimental evaluation confirms that Reef can generate proofs for documents with 32M characters; the proofs are small and cheap to verify (under a second).
Paper: https://eprint.iacr.org/2023/1886
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...Neo4j
Leonard Jayamohan, Partner & Generative AI Lead, Deloitte
This keynote will reveal how Deloitte leverages Neo4j’s graph power for groundbreaking digital twin solutions, achieving a staggering 100x performance boost. Discover the essential role knowledge graphs play in successful generative AI implementations. Plus, get an exclusive look at an innovative Neo4j + Generative AI solution Deloitte is developing in-house.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
UiPath Test Automation using UiPath Test Suite series, part 5DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 5. In this session, we will cover CI/CD with devops.
Topics covered:
CI/CD with in UiPath
End-to-end overview of CI/CD pipeline with Azure devops
Speaker:
Lyndsey Byblow, Test Suite Sales Engineer @ UiPath, Inc.
3. MIS is the acronym for Management Information Systems.
As the name implies, MIS is a System that generates and
provides Information to Management, for the purpose of
managing and improving the business processes.
In a nutshell, MIS is a collection of systems, hardware,
procedures and people, that all work together to process,
store, and produce information that is useful to the
organization.
It is a component based system, that provides data and
required information to management for supporting and
enabling them in their decision making process.
Ravindra_pujari@yahoo.com
Cell 9303239020
5. Components of MIS
The major components of a typical Management Information
System are:
People – people who use the information system.
Data – the data that the information system records.
Business Procedures – procedures put in place on how to
record, store and analyze data.
Hardware – these include servers, workstations, networking
equipment, printers, etc.
Software – these are programs used to handle the data.
These include programs such as spreadsheet programs,
database software, etc.Ravindra_pujari@yahoo.com
Cell 9303239020
6. To accomplish the task, any Management Information
System needs the following components:
Hardware: Connects with the core processes and
captures and stores all required relevant data
Software: Processes the data, converts them into
usable information and reports
Data: Is required by the management to generate
reports and analyze the processes
People: At different levels of authorization to view and
modify records or information to represent sensible
and interpretable information.
Ravindra_pujari@yahoo.com
Cell 9303239020
7. Characteristics of Management Information System:
System Approach
It is concerned with the whole of the system and its
performance is measured with the objectives for which it
has been made by taking a comprehensive view. It is a step
by step procedure to study the whole system along with its
subsystems.
Management Oriented/Relevance
The system should be designed by keeping the
organizational objectives in the mind. For designing of MIS
top-down approach should be followed. The top-down
approach means the system development should start from
the determination of the management needs and overall
objectives of the business.
Ravindra_pujari@yahoo.com
Cell 9303239020
8. Need-Based
The system should be able to serve to a specific
needs of managers at different levels that are
strategic planning level, management control level
and operational control level. So, it should be
designed accordingly to present that criteria.
Exception Based
MIS should also be exception based. In some
abnormal cases, the expected value may vary
beyond the sufferance limits. In those cases, there
should be exception reporting to the decision makers
at the required level.
Ravindra_pujari@yahoo.com
Cell 9303239020
9. Future Oriented
An MIS also should be future oriented. MIS should also
look to the future. In other words, It should not only
provide past or historical information that already exists. It
has to provide information on the idea of projections that
are to be initiated in future.
Long-Term Planning
Long-term planning is another important characteristic of
MIS that should have. It should not get obsolete very
soon. At the time of designing of MIS, the system
analyser should keep in mind that the design should be a
future-oriented and future effectiveness.
Ravindra_pujari@yahoo.com
Cell 9303239020
10. Common Data Flows/Common Databases
Common data flow is a logical cost-effective concept of
making an MIS more meaningful. There should be some
common data flows in the system in order to avoid data
redundancy and duplicity.
Sub System Concept
Subsystem concept is another characteristic of MIS
which says that the system must be broken down into
subsystems so that the work can be completed easily
and on time. Although a system is considered as a
single entity, a big system should be divided into
subsystems so that one subsystem can be implemented
at a time for better effectiveness.
Ravindra_pujari@yahoo.com
Cell 9303239020
11. Flexibility
Flexibility also important for an MIS. A system must be
able to adopt changes and should also be dynamic. It
should be designed in such a way that it can be
modified to changing circumstances. It must be capable
of expansion, accommodate, growth or a new type of
processing activities.
Reliability & Accuracy
Reliability and accuracy is another key point of an
effective MIS. MIS whole improves the efficiency of the
complete organisation. So, the information provided
should be reliable and accurate in all aspects.
Inadequate or incorrect information generally leads to
the decision of poor quality.
Ravindra_pujari@yahoo.com
Cell 9303239020
12. Integrated
A management information system should be
integrated. An MIS is a logically integrated system
comprising of subsystems. Where all the activities of
each subsystem are inter-related. Integration is
possible by the rotation of the data among those
subsystems. Integration is significant because of its
ability to produce more meaningful information. It is
important to have an integrated system because to
make an effective decision, information may be
required from different areas or within the different
parts of the organization. In order to provide a total
solution of the plan, a complete and integrated
information is needed which can only be provided by
an integrated system.
Ravindra_pujari@yahoo.com
Cell 9303239020
13. Complete
An incomplete or partial presentation of data will result
in a call that doesn’t have the expected results.
Information should be complete and contain all the
facts that are necessary for the decision makers to
satisfactorily solve the problem.
Ravindra_pujari@yahoo.com
Cell 9303239020
14. MIS Functionality & Benefits
A Management Information System collects and stores
data from various sources including hardware;
Processes data as per the programmed instructions
Generates reports required as per management’s
requirement.
Provide access to selective information to different
levels of authority
Ravindra_pujari@yahoo.com
Cell 9303239020
15. Having a sound and robust Management Information
System that can produce any reports required by
management, reduces time spent on producing and
validating reports.
A huge amount of effort is spent on analyzing the data and
representing reports in a useful manner. This saved time
can be spent in useful manner such as, identifying the root
cause and improvement opportunities for the business.
In complex businesses visualizing and performing some
calculations can be complex, prone to oversight errors
and time consuming. Using a Management Information
System makes any complex transaction easier and
generates accurate reports.
Ravindra_pujari@yahoo.com
Cell 9303239020
16. With a Management Information System the number and
type of reports that can be generated are numerous
compared to manual reports. Thus slicing and dicing of
any process becomes easy and management is able to
identify useful information and use it as a competitive
advantage.
Having a Management Information System makes the
job of processing huge business data easier and
simpler. It simplifies the task of operations and other
processes and helps them concentrate in their core
business operations.
It assists management in assessing the performance of
organization towards its goals, assess the performance
of departments, and standardize the method of capturing
and reporting metrics across the organization.
It helps an organization in decision support, compare
alternatives and choose the best options.Ravindra_pujari@yahoo.com
Cell 9303239020
17. The need for MIS
1) MIS helps the decision makers, with the correct and
accurate information, to take the right decision in the
interest f the enterprise.
2) MIS facilitate communication within and outside the
organization – employees within the organization are
able to easily access the required information for the
day to day operations. Facilitates such as Short
Message Service (SMS) & Email make it possible to
communicate with customers and suppliers from within
the MIS system that an organization is using.
3) Record keeping – management information systems
record all business transactions of an organization and
provide a reference point for the transactions.
Ravindra_pujari@yahoo.com
Cell 9303239020
19. Advantages and Disadvantages of MIS
Advantages:
The following are the advantages of computerized
information systems
Fast data processing and information retrieval – this is
one of the biggest advantages of a computerized
information system. It processes data and retrieves
information at a faster rate. This leads to improved
client/customer service
Improved data accuracy – easy to implement data
validation and verification checks in a computerized
system compared to a manual system.
Easy access to information – most business executives
need to travel and still be able to make a decision based
on the information. The web and Mobile technologies
make accessing data from anywhere possible.
Ravindra_pujari@yahoo.com
Cell 9303239020
20. Improved security – in addition to restricting access to
the database server, the computerized information
system can implement other security controls such as
user’s authentication, biometric authentication systems,
access rights control, etc.
Reduced data duplication – database systems are
designed in such a way that minimized duplication of
data. This means updating data in one department
automatically makes it available to the other
departments
Improved backup systems – with modern day
technology, backups can be stored in the cloud which
makes it easy to recover the data if something
happened to the hardware and software used to store
the data
Ravindra_pujari@yahoo.com
Cell 9303239020
21. Disadvantages:
It is expensive to set up and configure – the
organization has to buy hardware and the required
software to run the information system. In addition to
that, business procedures will need to be revised, and
the staff will need to be trained on how to use the
computerized information system.
Heavy reliance on technology – if something
happens to the hardware or software that makes it
stop functioning, then the information cannot be
accessed until the required hardware or software has
been replaced.
Risk of fraud – if proper controls and checks are not
in place, an intruder can post unauthorized
transactions such as an invoice for goods that were
never delivered, etc.
Ravindra_pujari@yahoo.com
Cell 9303239020
23. The first (mainframe and minicomputer) era was
ruled by IBM and their mainframe computers, these
computers would often take up whole rooms and
require teams to run them, IBM supplied the
hardware and the software. As technology advanced
these computers were able to handle greater
capacities and therefore reduce their cost. Smaller,
more affordable minicomputers allowed larger
businesses to run their own computing centers in-
house.
Ravindra_pujari@yahoo.com
Cell 9303239020
24. The second (personal computer) era began in 1965 as
microprocessors started to compete with mainframes
and minicomputers and accelerated the process of
decentralizing computing power from large data
centers to smaller offices.
In the late 1970s minicomputer technology gave way
to personal computers and relatively low cost
computers were becoming mass market commodities,
allowing businesses to provide their employees access
to computing power that ten years before would have
cost tens of thousands of dollars. This proliferation of
computers created a ready market for interconnecting
networks and the popularization of the Internet.
Ravindra_pujari@yahoo.com
Cell 9303239020
25. As the complexity of the technology increased and
the costs decreased, the need to share
information within an enterprise also grew, giving
rise to the third (client/server) era in which
computers on a common network were able to
access shared information on a server.
This allowed for large amounts of data to be
accessed by thousands and even millions of
people simultaneously.
Ravindra_pujari@yahoo.com
Cell 9303239020
26. The fourth (enterprise) era enabled by high speed
networks, tied all aspects of the business enterprise
together offering rich information access encompassing
the complete management structure.
The fifth and latest (cloud computing) era of information
systems employs networking technology to deliver
applications as well as data storage independent of the
configuration, location or nature of the hardware. This,
along with high speed cell-phone and wifi networks, led to
new levels of mobility in which managers access the MIS
remotely with laptops, tablet pcs, and smartphones.
Ravindra_pujari@yahoo.com
Cell 9303239020
27. The Emergence of MIS in Computers
When computers began to emerge in the 1940s and
1950s, punch cards were still a big part of information
systems. They continued to play a role until the 1970s
when they were replaced by magnetic storage media
like tapes and disks. These storage devices greatly
increased the speed of calculating data Consequently,
MIS began to develop for accounting. Calculating data
and compiling it into reports could now be done in a
fraction of the time it would have taken before.
Ravindra_pujari@yahoo.com
Cell 9303239020
28. The Five Eras of MIS
In order to make sense of the evolution of management
information systems, it's helpful to break down the
history into four or five eras.
First Era (mid-1960s to mid-1970s)
During the first years of computerized MIS, information
systems were centralized and concerned solely with
governance and the needs of management. Most
information systems and their reports were under the
control of accounting departments. Technology included
third-generation mainframe computers, like the IBM 360.
Languages included Assembler, Fortran, COBO and,
Database e. Ethernet networks were developed during
this time.
Ravindra_pujari@yahoo.com
Cell 9303239020
29. Second Era (mid-1970s to mid-1980s)
While MIS was still mainly concerned with governance
and the needs of management, more departments were
beginning to benefit from the technology. In many
companies, steering committees and user-led initiatives
determined the shape and scope of additional IS
projects. Technology included the first personal
computers (PCs), minicomputers and mid-range
computers.
Third Era (mid-1980s to late 1990s)
During the third era, centralized information systems
began to spread out and information became
decentralized. Each department had its own computer
system. Managing information was often referred to as
"herding cats." It was during this era that a new position
emerged in many companies to oversee the acquisition
and management of multiple information systems: the
Chief Information Officer, or CIO. Technology during this
era included internetworking and the beginning of the
Ravindra_pujari@yahoo.com
Cell 9303239020
32. Types of Management Information Systems
Companies today usually have several types of information
systems useful for managing different aspects of their
business. Most of these work with transaction processing
systems and compile information that can be used to make
effective management decisions.
Transaction Processing System (TPS)
A TPS is usually at the base of any company's integrated
information system. It takes in raw data from sources inside
and outside of the company and stores it in a database.
Users are able to query the database for any information
they need.
Data can be processed in real-time as it is entered, or by
using batch processing, in which case information is
processed at specific times in the day. Sales and inventory
are usually processed in real-time, whereas payroll
information, which isn't as time-sensitive, is often processed
in batches, often after hours.Ravindra_pujari@yahoo.com
Cell 9303239020
33. Decision Support Systems (DSS)
Decision support systems assist managers in making
informed decisions using interactive computer models
that explore real-world processes. The DSS retrieves
specific data from the internal database that pertains to
the questions raised by the user. For example, if a
sales manager wanted to figure out which type of new
product would sell the fastest, she could use a DSS to
compare sales data and demographic information
about customers to determine what types of products
and what sales points would be most appealing to the
largest demographic groups.
Ravindra_pujari@yahoo.com
Cell 9303239020
34. Executive Information Systems (EIS)
An executive information system works much the
same way as a DSS, however the software is
customized for specific executives so they can make
informed strategic decisions. As an example, a CEO
could use an EIS to compare his company's financial
data to its competitors, with the information
presented in spreadsheets or graphs.
Ravindra_pujari@yahoo.com
Cell 9303239020
35. Expert Systems
Expert systems use artificial intelligence to provide
managers with advice that is similar to what a human
consultant would offer. The AI can learn to solve
problems using what-if reasoning. Because AI is still
relatively new, expert systems are expensive and take
a lot of time to program. However, this is a trend that is
still growing.
Advanced expert systems are used by airlines to
determine scheduling of aircraft and their crews,
significantly reducing expenses by eliminating idle time
on the tarmac and half-empty planes going into the air.
Expert systems are also useful in oil exploration,
scheduling employee shifts and even diagnosing
illnesses.
Ravindra_pujari@yahoo.com
Cell 9303239020
36. Management Support Systems (MSS)
Once the TPS has gathered and stored needed
information, this information can then be accessed by a
management support system to analyze the data,
empowering managers to make informed decisions.
An example of an advanced MSS is a data warehousing
system. These systems extract information from multiple
databases throughout the company and store it in a
central database. Retailers use data warehousing to
collect information on customers to determine their
demographics and shopping patterns. Banks use data
warehousing to detect credit card fraud.
Ravindra_pujari@yahoo.com
Cell 9303239020
37. A marketing information system (MKIS) is a
management information system (MIS) designed to
support marketing decision making. Jobber (2007)
defines it as a "system in which marketing data is
formally gathered, stored, analysed and distributed to
managers in accordance with their informational needs
on a regular basis."
Ravindra_pujari@yahoo.com
Cell 9303239020
38. The top benefits of decision support systems include:
Speeding up the process of decision making,
Increasing organizational control,
Speeding up problem solving in an organization,
Helping automate managerial processes,
Improving personal efficiency,
Eliminating value chain activities.
Ravindra_pujari@yahoo.com
Cell 9303239020
41. Marketing information system (MIS) is a set of
procedures and methods designed to generate,
analyze, disseminate, and store anticipated marketing
decision information on a regular, continuous basis. An
information system can be used operationally,
managerially, and strategically for several aspects of
marketing.
A marketing information system can be used
operationally, managerially, and strategically for several
aspects of marketing.
Ravindra_pujari@yahoo.com
Cell 9303239020
42. We all know that no marketing activity can be carried out in
isolation, know when we say it doesn’t work in isolation that
means there are various forces could be external or
internal, controllable or uncontrollable which are working on
it. Thus to know which forces are acting on it and its impact
the marketer needs to gathering the data through its own
resources which in terms of marketing we can say he is
trying to gather the market information or form a marketing
information system.
This collection of information is a continuous process that
gathers data from a variety of sources synthesizes it and
sends it to those responsible for meeting the market places
needs. The effectiveness of marketing decision is proved if
it has a strong information system offering the firm
a Competitive advantage. Marketing Information should not
be approached in an infrequent manner. If research is done
this way, a firm could face these risks:
Ravindra_pujari@yahoo.com
Cell 9303239020
43. 1.Opportunities may be missed.
2.There may be a lack of awareness of environmental
changes and competitors’ actions.
3.Data collection may be difficult to analyze over
several time periods.
4.Marketing plans and decisions may not be properly
reviewed.
5.Data collection may be disjointed.
6.Previous studies may not be stored in an easy to use
format.
7.Time lags may result if a new study is required.
8.Actions may be reactionary rather than anticipatory.
The total information needs of the marketing
department can be specified and satisfied via a
marketing intelligence network, which contains three
components.
Ravindra_pujari@yahoo.com
Cell 9303239020
44. Related: Indirect Reference Groups
An Marketing Information System offers many
advantages:
1. Organized data collection.
2. A broad perspective.
3. The storage of important data.
4. An avoidance of crises.
5. Coordinated marketing plans.
6. Speed in obtaining sufficient information to make
decisions.
7. Data amassed and kept over several time periods.
8. The ability to do a cost-benefit analysis.
Ravindra_pujari@yahoo.com
Cell 9303239020
45. Continuous monitoring is the procedure by which the
changing environment is regularly viewed.
2. Marketing research is used to obtain information
on particular marketing issues.
3. Data warehousing involves the retention of all
types of relevant company records, as well as the
information collected through continuous monitoring
and marketing research that is kept by the
organization.
Ravindra_pujari@yahoo.com
Cell 9303239020
46. Depending on a firm’s resources and the complexity of its needs, a
marketing intelligence network may or may not be fully
computerized. The ingredients for a good MIS are consistency,
completeness, and orderliness. Marketing plans should be
implemented on the basis of information obtained from the
intelligence network. The disadvantages of a Marketing information
system are high initial time and labor costs and the complexity of
setting up an information system. Marketers often complain that
they lack enough marketing information or the right kind or have too
much of the wrong kind. The solution is an effective marketing
information system.
The information needed by marketing managers comes from three
main sources:
1) Internal company information – E.g. sales, orders, customer
profiles, stocks, customer service reports etc
Ravindra_pujari@yahoo.com
Cell 9303239020
47. 2) Marketing intelligence – This can be information gathered from many
sources, including suppliers, customers, and distributors. Marketing
intelligence is a catchall term to include all the everyday information about
developments in the market that helps a business prepare and adjust its
marketing plans. It is possible to buy intelligence information from outside
suppliers (e.g. IDC, ORG, MARG) who set up data gathering systems to
support commercial intelligence products that can be profitably sold to all
players in a market.
(3) Market research – Management cannot always wait for information to
arrive in bits and pieces from internal sources. Also, sources of market
intelligence cannot always be relied upon to provide relevant or up-to-
date information (particularly for smaller or niche market segments). In
such circumstances, businesses often need to undertake specific studies
to support their marketing strategy – this is market research.
Ravindra_pujari@yahoo.com
Cell 9303239020
48. There are four main financial statements.
They are:
(1) balance sheets;
(2) Income statements;
(3) cash flow statements; and
(4) statements of shareholders' equity.
Balance sheets show what a company owns and
what it owes at a fixed point in time.
Ravindra_pujari@yahoo.com
Cell 9303239020
49. Financial data analysis may be conducted through trend
evaluations, ratio analyses and financial planning
modeling. Data outputs that are produced by FIS can
include
Operating and capital budgets
Working capital reports
Accounting reports
Cash flow forecasts
The predictive analytics included in these applications may
also narrow down exactly what could be expected from a
business interaction or transaction that has yet to take
place.
Ravindra_pujari@yahoo.com
Cell 9303239020
50. The management of financial information in an e-
commerce business is paramount in order to gain
maximum operating results in the shortest amount of time.
An FIS can also yield huge amounts of data for daily
business operations. Financial markets traders and
salespeople have the greatest demand for FIS because
they work in very fast environments and their on-demand
computing systems must keep up with real-time activities
in order to allow these professionals to operate in real
time. Broker investigating, investment and trade data along
with fiscal asset classes can be relayed through an FIS.
This also works for smaller businesses that need to obtain
financial data about local markets. FIS is a form of real-
time operating system that works to enhance financial
information exchanges.
Ravindra_pujari@yahoo.com
Cell 9303239020