MIS is a system that provides the right information to the right person at the right time through an integrated system combining human and computer resources. It transforms data into reports to facilitate decision-making. MIS is necessary due to increased business complexity and helps managers make qualitative decisions. It provides accurate and timely information at lowest cost to support management activities. Contemporary MIS approaches include technical, behavioral, and socio-technical. Information is now a strategic resource and companies can gain competitive advantage by exploiting information to change industry structures, create new businesses, and develop new ways of doing things. MIS enables organizational change by facilitating flexibility to respond to changing markets, technology, customers and help accelerate work restructuring.
Decision Making and Information SystemsAriful Saimon
Premier University
[B.B.A]
Submitted To : Lecturer MS. Samima Parvez
Subject : Decision Making and Information
Semester: 5th Section: “A” Batch :22nd
Group Name: D’5
E-mail : Saimonchy20@gmail.com
Decision Making and Information SystemsAriful Saimon
Premier University
[B.B.A]
Submitted To : Lecturer MS. Samima Parvez
Subject : Decision Making and Information
Semester: 5th Section: “A” Batch :22nd
Group Name: D’5
E-mail : Saimonchy20@gmail.com
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.
Include these Information Systems
Transaction Processing Systems(TPS)
Management Information Systems (MIS)
Decision Support Systems (DSS)
Executive Information Systems (EIS)
MIS lecture notes by Yihune Ephrem Kassahun.pdfYihune Ephrem
The lecture notes on Management Information Systems (MIS) provide an in-depth understanding of the role of information systems in modern organizations. The notes cover a range of topics, including the basics of information systems, the types of information systems, the role of information systems in decision-making, and the impact of information systems on organizational performance.
The notes begin by introducing the concept of information systems and their importance in modern organizations. They then cover the different types of information systems, including transaction processing systems, management information systems, decision support systems, and executive information systems. The notes also discuss the role of information systems in decision-making, including the use of data analytics and business intelligence tools.
The lecture notes also cover the impact of information systems on organizational performance. This includes the benefits of information systems, such as increased efficiency, improved decision-making, and enhanced communication. The notes also discuss the challenges of implementing information systems, such as the need for training and support, and the potential for security breaches.
Throughout the lecture notes, real-world examples and case studies are used to illustrate the concepts and theories discussed. This helps students to understand how information systems are used in practice and how they can be applied in different organizational contexts.
Overall, the lecture notes on Management Information Systems provide a comprehensive overview of the role of information systems in modern organizations. They are an essential resource for students studying business, management, and information technology, as well as for professionals looking to enhance their knowledge and skills in this area.
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.
Include these Information Systems
Transaction Processing Systems(TPS)
Management Information Systems (MIS)
Decision Support Systems (DSS)
Executive Information Systems (EIS)
MIS lecture notes by Yihune Ephrem Kassahun.pdfYihune Ephrem
The lecture notes on Management Information Systems (MIS) provide an in-depth understanding of the role of information systems in modern organizations. The notes cover a range of topics, including the basics of information systems, the types of information systems, the role of information systems in decision-making, and the impact of information systems on organizational performance.
The notes begin by introducing the concept of information systems and their importance in modern organizations. They then cover the different types of information systems, including transaction processing systems, management information systems, decision support systems, and executive information systems. The notes also discuss the role of information systems in decision-making, including the use of data analytics and business intelligence tools.
The lecture notes also cover the impact of information systems on organizational performance. This includes the benefits of information systems, such as increased efficiency, improved decision-making, and enhanced communication. The notes also discuss the challenges of implementing information systems, such as the need for training and support, and the potential for security breaches.
Throughout the lecture notes, real-world examples and case studies are used to illustrate the concepts and theories discussed. This helps students to understand how information systems are used in practice and how they can be applied in different organizational contexts.
Overall, the lecture notes on Management Information Systems provide a comprehensive overview of the role of information systems in modern organizations. They are an essential resource for students studying business, management, and information technology, as well as for professionals looking to enhance their knowledge and skills in this area.
Study on Usage of Management Information System in Medium to Large Scale Indu...idescitation
In management of almost all operational activity,
the information forms a major input and as such for effective
implementation of futuristic information system in overall
system, it is essential to modify the existing management.
This paper discusses the acceptance and usage of Management
Information System (MIS) in M edium to Large Scale
Industries. Around75 industries were selected for the purpose
of study. The main emphasis was laid to understand MIS usage
and reason which hinder its use. To find out the possible
reasons for inadequate MIS usage in industries, the
respondents were requested to provide a feedback on various
parameters which could be possible reason for non-use of MIS
in their respective organizations. After collecting the feedback,
the average and standard deviation is calculated for each reason
and tabulated. Based on the feedback received from the
respondents how many industries are using MIS in their
organization and if not what might be the reason for not using
MIS are found at the end of the study.
An Empirical Study on the information systems in the Moroccan organizations: ...INFOGAIN PUBLICATION
An information system, it’s the key point of the success of companies [5] [6]. Where from the necessity of investing to develop information systems, these investments concern to infrastructures, application software’s, set up systems, and existing processes. Companies have to follow policies to manage well their investment of information systems in an economic and optimal way, it is the subject of this paper. To validate our subject, our hypothesis, a study of ground was necessary. We opted for an empirical study on the information systems of the high-level Moroccan organizations in various sectors, by basing itself on scientific foundations. The study and the data analysis allowed us to propose new simplified models.
Opendatabay - Open Data Marketplace.pptxOpendatabay
Opendatabay.com unlocks the power of data for everyone. Open Data Marketplace fosters a collaborative hub for data enthusiasts to explore, share, and contribute to a vast collection of datasets.
First ever open hub for data enthusiasts to collaborate and innovate. A platform to explore, share, and contribute to a vast collection of datasets. Through robust quality control and innovative technologies like blockchain verification, opendatabay ensures the authenticity and reliability of datasets, empowering users to make data-driven decisions with confidence. Leverage cutting-edge AI technologies to enhance the data exploration, analysis, and discovery experience.
From intelligent search and recommendations to automated data productisation and quotation, Opendatabay AI-driven features streamline the data workflow. Finding the data you need shouldn't be a complex. Opendatabay simplifies the data acquisition process with an intuitive interface and robust search tools. Effortlessly explore, discover, and access the data you need, allowing you to focus on extracting valuable insights. Opendatabay breaks new ground with a dedicated, AI-generated, synthetic datasets.
Leverage these privacy-preserving datasets for training and testing AI models without compromising sensitive information. Opendatabay prioritizes transparency by providing detailed metadata, provenance information, and usage guidelines for each dataset, ensuring users have a comprehensive understanding of the data they're working with. By leveraging a powerful combination of distributed ledger technology and rigorous third-party audits Opendatabay ensures the authenticity and reliability of every dataset. Security is at the core of Opendatabay. Marketplace implements stringent security measures, including encryption, access controls, and regular vulnerability assessments, to safeguard your data and protect your privacy.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
Data Centers - Striving Within A Narrow Range - Research Report - MCG - May 2...pchutichetpong
M Capital Group (“MCG”) expects to see demand and the changing evolution of supply, facilitated through institutional investment rotation out of offices and into work from home (“WFH”), while the ever-expanding need for data storage as global internet usage expands, with experts predicting 5.3 billion users by 2023. These market factors will be underpinned by technological changes, such as progressing cloud services and edge sites, allowing the industry to see strong expected annual growth of 13% over the next 4 years.
Whilst competitive headwinds remain, represented through the recent second bankruptcy filing of Sungard, which blames “COVID-19 and other macroeconomic trends including delayed customer spending decisions, insourcing and reductions in IT spending, energy inflation and reduction in demand for certain services”, the industry has seen key adjustments, where MCG believes that engineering cost management and technological innovation will be paramount to success.
MCG reports that the more favorable market conditions expected over the next few years, helped by the winding down of pandemic restrictions and a hybrid working environment will be driving market momentum forward. The continuous injection of capital by alternative investment firms, as well as the growing infrastructural investment from cloud service providers and social media companies, whose revenues are expected to grow over 3.6x larger by value in 2026, will likely help propel center provision and innovation. These factors paint a promising picture for the industry players that offset rising input costs and adapt to new technologies.
According to M Capital Group: “Specifically, the long-term cost-saving opportunities available from the rise of remote managing will likely aid value growth for the industry. Through margin optimization and further availability of capital for reinvestment, strong players will maintain their competitive foothold, while weaker players exit the market to balance supply and demand.”
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...2023240532
Quantitative data Analysis
Overview
Reliability Analysis (Cronbach Alpha)
Common Method Bias (Harman Single Factor Test)
Frequency Analysis (Demographic)
Descriptive Analysis
2. What is a MIS
MIS is the system which makes available the right
information to the right person, at the right place at
the right time, in the right form and at the right cost.
MIS is set of organized procedures which when
executed provide information to support decision
making.
2
3. MIS
MIS is combination of human and computer
based resources which result in collection,
storage, retrieval, communication and use of data
for the purpose of efficient management of
operation and for business planning.
MIS can be divided into three parts
MANAGEMENT
INFORMATION
SYSTEM
3
4. What is Management
Management is the process of planning, organizing,
staffing, directing and controlling the resources of an
organization in the effective and efficient pursuit of
specified organizational goals.
4
5. What is Information
Data that has been processed into a form that is
meaningful to the recipient.
Information refers to an input of data processing
which is organized and meaningful to the person who
receives it.
5
6. What is System.
A system is a set of interacting elements, interacting
with each other to achieve a predetermined objective
or goal.
Ex. Computer System.
6
7. Concept of MIS
Processing Logic
Computers
Human Being
Data Base
MIS
Data
Data
Intelligence Design Choice
Decision Implementation
Performance
Monitoring/Feedback
Decision
7
8. MIS is basically an integrated system which
transforms the data (inputs) into reports
(outputs) for facilitating decision making
through processing using various components
of the information system viz. H/W, S/W,
Database, Procedures and Personnel.
8
9. Need of MIS
MIS has become necessary due to
increased business and management
complexity. These complexities
demands not only quantitative but
qualitative decision making . So that
we can say that :-
9
10. NEED OF MIS
1. MIS required to enable managers to take qualitative
decision and ensure success for their respective
Organization.
2. MIS enable decision maker to come out with
appropriate response to a business situation.
3. MIS enables decision maker to give either a re-active or
pro-active response.
4. As decision are futuristic MIS facilitates pro- active
decision making.
10
11. PURPOSE AND OBJECTIVE OF MIS
Even though some of the objectives of MIS vary from one
organization to others. There are some common
objectives of MIS:-
1. To provide right type of accurate information at the
lowest cost and at the right time.
2. To ensure the managerial activities are provided adequate
information support.
3. To avoid information overload and to avoid generating
redundant information.
11
12. Contemporary Approaches to MIS
The contemporary approaches to information
system development could be broadly categorized
into three Approaches.
1. Technical Approach
2. Behavioral Approach
3. Socio-Technical Approach
12
13. Technical Approach to MIS
This approach is centered around mathematical and
normative (evaluates solutions) models to study
information system.
It also heavily relies on the physical technology . As
Computer Science, Management Science and
Operation Research for Technical Approach.
13
14. Behavioral Approach to MIS
While information may heavily depend on technical
aspects the developer has to consider the behavioral
impact / response of people in the organization where
information system would be implemented.
The behavioral approach borrows heavily from
political Sc., psychology, sociology and organization
behavior among others.
14
15. Socio-Technical Approach to MIS
The socio-technical approach does not opt for purely
technical/or behavioral approach but it does attempt
to borrow heavily from both the approaches and
synthesize
So as to optimize the performance of the information
system as whole.
15
17. Information as strategic resources
Global competition has increased performance, standards in
many dimension covering the whole gamut (a complete
range) of cost, price, quality, technology and productivity.
Hence to survive, succeed and prosper in the present
competition environment, strategic competitiveness would
have to be earned by the corporate not only by meeting but
exceeding prevailing global standards.
17
18. Information as strategic resources
It is in the overall context that information has emerged as a
strategic resource. Hence in the present competitive
environment information/ knowledge has become a critical
organizational resource and is increasingly
considered/accepted as a valuable strategic resource.
Organization that accept challenge, shift their focus from
merely obtaining the information to exploiting the
information.
18
19. Information as strategic resources
It is imperative for the organization to be able to raise and
answer question like:-
1. What business the organization should be in ?
2. What existing business activity should be undertaken ?
3. What new activity should be undertaken ?
4. What are the competitors doing and can do ?
5. What are the competitors capability ?
19
20. Use of Information for Competitive
Advantage
Competitive Advantage is about changing the balance of
power between a firm and its competitor industry in the
firm’s favor .
Information or Information technology are changing the
rules of the game and creating new paradigm shifts, giving
companies new ways to out-perform their rivals.
This in turn facilitates the organization gaining competitive
advantage.
20
21. Use of Information for Competitive
Advantage
Changes in Industry structure:-
The structure of an industry is embodied in four
competitive forces that collectively determine the
industry profitability :
1. The bargaining power of customers.
2. The bargaining power of Suppliers.
3. Threat of new entrants in the firm’s market.
4. Pressure from substitute product or services.
21
22. Use of Information for Competitive
Advantage
Spawning of new business :-
Information revolution are giving birth to
completely new industries in three distinct way:
1. Information technology revolution makes new
business technology feasible.
2. Information also spawn new business by creating
derived demand for new products.
3. Information technology help create/spawn business
within old ones.
22
23. Use of Information for Competitive
Advantage
New Ways of doing the things:-
Information and information technology facilitate
evolution/development of new ways of doing old
things differently.
This difference makes the difference and confers
competitive advantage on a firm.
23
24. MIS as an instrument for the
Organizational change
Organization and change :-
It can be said that in the new millennium
organizations will have to address or will have to
come to terms with six major external changes :-
1. A larger global market-place made smaller by
enhanced technologies and competition from abroad.
2. A world-wide recognition of the environment as an
influencing variable and government attempts to
draw back from environmental calamity.
(Contd……) 24
25. MIS as an instrument for the
Organizational change
3. Health consciousness among all groups throughout the
world.
4. Changes in the lifestyle trend affecting the way in which
people view work , purchases, leisure time and society.
5. The changing workplace and need for non traditional
employees.
6. The knowledge asset of the organization, its people,
becoming increasingly crucial to its competitive well-being
thanks to I.T.
25
26. MIS as an instrument for the
Organizational change
In view of these turbulence, and the
changing dynamics, it is believed that
successful organizations of the future will
be those who are sufficiently flexible to
respond to the constantly changing
demands due to rapidly evolving
technology, dynamic markets, increasingly
sophisticated customers and competitors .
26
27. MIS as an instrument for the
Organizational change
MIS and Organizational Change :-
IT/MIS will have a significant effect on the internal
appearance of organizations of the future. It will lead
to reduce hierarchy as fewer manager would be
required to act as conduits of information.
The Organizations would not be functioning based on
Cornered Information but would have shared
Information.
MIS would accelerate restructuring of work flows.
27