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PRESENTED TO
Dr. Rahul Bahuguna
MBA -1st
SEMESTER
MODERN
BUSINESS
PRACTICES
…….USE OF
(MIS)………
PRESENTED BY
MANISHA BHARTI
( Roll No – 23)
“QUALITY IS THE
BEST BUSINESS
PLAN….....
AND MIS IS THE
BOOSTER FOR IT” -----
JOHN LASSETER
INDIAN MARKET BEFORE INTERNET
BUSY AND RICH BUT NOT FEASIBLE TO ALL WITH LOTS OF
HINDRANCES LIKE INCOMPLETE INFORMATION, MONOPOLY, LESS
ALTERNATIVES, AFRAID MARKET FOR EMPLOYABILITY ETC………………….
.
[Difference between DATA
AND INFORMATION]…………
DATA [ individual unit
contains RAW material ]
• DATA doesn’t depend upon
information.
• Raw data alone is sufficient for
making decisions.
• AN EXAMPLE---- STUDENTS TEST
SCORE
INFORMATION[ group
of data carries logical meaning]
• Information comprises
precessed , organised,
presented data that
collectively carries LOGICAL
MEANING.
• Information depends upon
DATA
• THE average score of class
is the information derived
from the given data.
ROLE OF INFORMATION SYSTEM IN
CURRENT | TODAYS BUSINESS
SCENARIOS-------
1. customer relationships
2. Works as a catalyst for optimum growth
• 5. HELPS BUSINESS TO
COMMUNICATE INTERNALLY
AND EXTERNALLY .
3. Forecast for target market and taste and
preferences through feedback ststem
4. Promotes lpg policy
• 6.BUILD CONFIDENCE AND
TRUST FOR BRAND AND
CUSTOMERS
• 7. PROMOTES
ENTREPRENEUSHIP AND
RURAL DEVELOPMENT
• 8. HELPFUL IN MAKING
INDIA A DEVELOPED
COUTRY BY PROVIDING
EASY EMPLOYMENT.
CATEGORIES
OF MIS /
TYPES-----------
A] EIS[ executive information
system]
B] BIS[ business intelligence system
C] MkIS[ Marketing information
system]
D] CRM [Customer relationship
management]
1.Strategic
planning
2.Management
planning
3.Transaction
processing
ETC
• 1. It enhances the productivity of
EMPLOYEES BY DELEGATING
WORK TO MIS .
• 2.MIS is credited for REDUCING
COSTS, ERRORS, and TIME
SAVINGS.
• 3.Encourages SMOOTHER
COMMUNICATION between
various DEPARTMENTS by sharing
same information.
• 4.EXPLORATION regarding
different alternatives and
economic ENVIRONMENT.
• 5.Provides more CUSTOMER
DATA aids improved customer
servicing and promotions.
HOW MIS
HELP ANY
BUSINESS
TO GROW ---
----
MODERN BUSINESS PRACTICES-2 (1).pdf

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MODERN BUSINESS PRACTICES-2 (1).pdf

  • 1. PRESENTED TO Dr. Rahul Bahuguna MBA -1st SEMESTER MODERN BUSINESS PRACTICES …….USE OF (MIS)……… PRESENTED BY MANISHA BHARTI ( Roll No – 23) “QUALITY IS THE BEST BUSINESS PLAN…..... AND MIS IS THE BOOSTER FOR IT” ----- JOHN LASSETER
  • 2. INDIAN MARKET BEFORE INTERNET BUSY AND RICH BUT NOT FEASIBLE TO ALL WITH LOTS OF HINDRANCES LIKE INCOMPLETE INFORMATION, MONOPOLY, LESS ALTERNATIVES, AFRAID MARKET FOR EMPLOYABILITY ETC…………………. .
  • 3.
  • 4. [Difference between DATA AND INFORMATION]………… DATA [ individual unit contains RAW material ] • DATA doesn’t depend upon information. • Raw data alone is sufficient for making decisions. • AN EXAMPLE---- STUDENTS TEST SCORE INFORMATION[ group of data carries logical meaning] • Information comprises precessed , organised, presented data that collectively carries LOGICAL MEANING. • Information depends upon DATA • THE average score of class is the information derived from the given data.
  • 5. ROLE OF INFORMATION SYSTEM IN CURRENT | TODAYS BUSINESS SCENARIOS------- 1. customer relationships 2. Works as a catalyst for optimum growth • 5. HELPS BUSINESS TO COMMUNICATE INTERNALLY AND EXTERNALLY . 3. Forecast for target market and taste and preferences through feedback ststem 4. Promotes lpg policy • 6.BUILD CONFIDENCE AND TRUST FOR BRAND AND CUSTOMERS • 7. PROMOTES ENTREPRENEUSHIP AND RURAL DEVELOPMENT • 8. HELPFUL IN MAKING INDIA A DEVELOPED COUTRY BY PROVIDING EASY EMPLOYMENT.
  • 6. CATEGORIES OF MIS / TYPES----------- A] EIS[ executive information system] B] BIS[ business intelligence system C] MkIS[ Marketing information system] D] CRM [Customer relationship management] 1.Strategic planning 2.Management planning 3.Transaction processing ETC
  • 7. • 1. It enhances the productivity of EMPLOYEES BY DELEGATING WORK TO MIS . • 2.MIS is credited for REDUCING COSTS, ERRORS, and TIME SAVINGS. • 3.Encourages SMOOTHER COMMUNICATION between various DEPARTMENTS by sharing same information. • 4.EXPLORATION regarding different alternatives and economic ENVIRONMENT. • 5.Provides more CUSTOMER DATA aids improved customer servicing and promotions. HOW MIS HELP ANY BUSINESS TO GROW --- ----