This document provides an overview of management information systems (MIS). It defines MIS as a system that collects, processes, and disseminates data to provide information to support management decision making. The document describes the key components of an MIS including marketing research, intelligence and internal record systems. It also outlines the characteristics, aims, types of outputs and benefits of implementing an effective MIS.
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.
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.
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 Support System - Management Information SystemNijaz N
Refers to class of system which supports in the process of decision making and does not always give a decision itself.
Decision Support Systems supply computerized support for the decision making process.
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
MIS 16 Application of MIS (Service Sector)Tushar B Kute
These presentations are created by Tushar B Kute to teach the subject 'Management Information System' subject of TEIT of University of Pune.
http://www.tusharkute.com
Decision Support System - Management Information SystemNijaz N
Refers to class of system which supports in the process of decision making and does not always give a decision itself.
Decision Support Systems supply computerized support for the decision making process.
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
MIS 16 Application of MIS (Service Sector)Tushar B Kute
These presentations are created by Tushar B Kute to teach the subject 'Management Information System' subject of TEIT of University of Pune.
http://www.tusharkute.com
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.
1. What are the differences between a DBMS and RDBMS?
2. Explain the terms database and DBMS. Also, mention the different types of DBMS.
3. What are the advantages of DBMS?
4. Mention the different languages present in DBMS
5. What do you understand by query optimization?
6. Do we consider NULL values the same as that of blank space or zero?
7. What do you understand by aggregation and atomicity?
8. What are the different levels of abstraction in the DBMS?
9. What is an entity-relationship model?
10. What do you understand by the terms Entity, Entity Type, and Entity Set in DBMS?
11. What are relationships and mention different types of relationships in the DBMS
12. What is concurrency control?
13. What are the ACID properties in DBMS?
14. What is normalization and what are the different types of normalization?
15. What are the different types of keys in the database?
16. What do you understand by correlated subqueries in DBMS?
17. Explain Database partitioning and its importance.
18. What do you understand by functional dependency and transitive dependency in DBMS?
19. What is the difference between two and three-tier architectures?
20. Mention the differences between Unique Key and Primary Key
21. What is a checkpoint in DBMS and when does it occur?
22. Mention the differences between Trigger and Stored Procedures
23. What are the differences between Hash join, Merge join and Nested loops?
24. What do you understand by Proactive, Retroactive and Simultaneous Update?
25. What are indexes? Mention the differences between the clustered and non-clustered index
26. What do you understand by intension and extension?
27. What do you understand by cursor? Mention the different types of cursor A cursor is a database object which helps in manipulating data, row by row and represents a result set.
28. Explain the terms specialization and generalization
29. What do you understand by Data Independence?
30. What are the different integrity rules present in the DBMS?
31. What does Fill Factor concept mean with respect to indexes?
32. What is Index hunting and how does it help in improving query performance?
33. What are the differences between network and hierarchical database model?
34. Explain what is a deadlock and mention how it can be resolved?
35. What are the differences between an exclusive lock and a shared lock?
=>Concept of Governance
=>Risk and Control (GRC) as applicable to IT operational risk
=>Importance of documentation
=>DATA FLOW DIAGRAM for every application
=>Review of changes in the Data flow, reporting, etc.
=>Parameters for review
=>Importance of review on SLA compliance
=>Reporting to IT Strategy committee, Board etc.
Importance of Data - Where to find it, how to store, manipulate, and characterize it
Artificial Intelligence (AI)- Introduction to AI & ML Technologies/ Applications
Machine Learning (ML), Basic Machine Learning algorithms.
Applications of AI & ML in Marketing, Sales, Finance, Operations, Supply Chain
& Human Resources Data Governance
Legal and Ethical Issues
Robotic Process Automation (RPA)
Internet of Things (IoT)
Cloud Computing
What is Data ?
What is Information?
Data Models, Schema and Instances
Components of Database System
What is DBMS ?
Database Languages
Applications of DBMS
Introduction to Databases
Fundamentals of Data Modeling and Database Design
Database Normalization
Types of keys in database management system
Distributed Database
CASE (COMPUTER AIDED SOFTWARE ENGINEERING)
CASE and its Scope
CASE support in software life cycle documentation
project management
Internal Interface
Reverse Software Engineering
Architecture of CASE environment.
SOFTWARE RELIABILITY AND QUALITY ASSURANCE
Reliability issues
Reliability metrics
Reliability growth modeling
Software quality
ISO 9000 certification for software industry
SEI capability maturity model
comparison between ISO and SEI CMM
Software Testing
Different Types of Software Testing
Verification
Validation
Unit Testing
Beta Testing
Alpha Testing
Black Box Testing
White Box testing
Error
Bug
Software Design
Design principles
Problem partitioning
Abstraction
Top down and bottom up-design
Structured approach
Functional versus object oriented approach
Design specifications and verification
Monitoring and control
Cohesiveness
Coupling
Fourth generation techniques
Functional independence
Software Architecture
Transaction and Transform Mapping
SDLC
PDLC
Software Development Life Cycle
Program Development Life Cycle
Iterative model
Advantages of Iterative model
Disadvantages of Iterative model
When to use iterative model
Spiral Model
Advantages of Spiral model
Disadvantages of Spiral model
When to use Spiral model
Role of Management in Software Development
Software Lifecycle Models / Software Development Models
Types of Software development models
Waterfall Model
Features of Waterfall Model
Phase of Waterfall Model
Prototype Model
Advantages of Prototype Model
Disadvantages of Prototype model
V Model
Advantages of V-model
Disadvantages of V-model
When to use the V-model
Incremental Model
ITERATIVE AND INCREMENTAL DEVELOPMENT
INCREMENTAL MODEL LIFE CYCLE
When to use the Incremental model
Rapid Application Development RAD Model
phases in the rapid application development (RAD) model
Advantages of the RAD model
Disadvantages of RAD model
When to use RAD model
Agile Model
Advantages of Agile model
Disadvantages of Agile model
When to use Agile model
Introduction to software engineering
Software products
Why Software is Important?
Software costs
Features of Software?
Software Applications
Software—New Categories
Software Engineering
Importance of Software Engineering
Essential attributes / Characteristics of good software
Software Components
Software Process
Five Activities of a Generic Process framework
Relative Costs of Fixing Software Faults
Software Qualities
Software crisis
Software Development Stages/SDLC
What is Software Verification
Advantages of Software Verification
Advantages of Validation
Cloud Computing
Categories of Cloud Computing
SaaS
PaaS
IaaS
Threads of Cloud Computing
Insurance Challenges
Cloud Solutions
Security of the Insurance Industry
Cloud Solutions
Insurance Security in the Insurance Industry with respect to Indian market
Application Software
Applications Software
Software Types
Task-Oriented Productivity Software
Business Software
Application Software and Ethics
Computers and People
Software:
Systems and Application Software
Identify and briefly describe the functions of the two basic kinds of software
Outline the role of the operating system and identify the features of several popular operating systems
Discuss how application software can support personal, workgroup, and enterprise business objectives
Identify three basic approaches to developing application software and discuss the pros and cons of each
Outline the overall evolution and importance of programming languages and clearly differentiate among the generations of programming languages
Identify several key software issues and trends that have an impact on organizations and individuals
Programming Languages
A formal language for describing computation?
A “user interface” to a computer?
Syntax + semantics?
Compiler, or interpreter, or translator?
A tool to support a programming paradigm?
Number Codes and Registers
2’s complement numbers
Addition and subtraction
Binary coded decimal
Gray codes for binary numbers
ASCII characters
Moving towards hardware
Storing data
Processing data
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2. Content
An introduction to Information System
Meaning of Management Information System
Characteristic of MIS
Components of MIS
The aim of MIS
Types of MIS
Outputs of MIS
Benefits of MIS
2
3. Meaning Of Information Systems
An information system is an organized combination of
people, hardware, software, communications Networks
and data resources that collects, transforms, and
disseminates information in an organization.
3
5. The MIS is defined as a system based on the database of
the evolved for the purpose of providing information to
the people in the organization.
MANAGEMENT INFORMATION
SYSTEM(MIS)
5
6. Management information systems are distinct from
regular information systems in that they are used to
analyze other information systems applied in operational
activities in the organization. MIS involve three primary
resources: technology, information, and people.
Management information systems are regarded to be a
subset of the overall internal controls procedures in a
business, which cover the application of people,
documents, technologies, and procedures used by
management accountants to solve business problems such
as costing a product, service or a business-wide strategy.
6
7. Role Of MIS
The role of MIS in an organization can be compared to the
role of heart in the body.
The information is the blood and MIS is the heart. In the
body the heart plays the role of supplying pure blood to all
the elements of the body including the brain.
The MIS plays exactly the same role in the organization.
The system ensures that an appropriate data is collected
from the various sources, processed, and sent further to all
the needy destinations.
7
8. The system is expected to fulfill the information needs of
an individual, a group of individuals, the management
functionaries: the managers and the top management.
The MIS satisfies the diverse needs through a variety of
systems such as Query Systems, Analysis Systems,
Modeling Systems and Decision Support Systems.
The MIS helps in Strategic Planning, Management
Control, Operational Control and Transaction Processing.
8
9. Characteristics of MIS
Management-oriented: The basic objective of MIS is to
provide information support to the management in the
organization for decision making.
Management directed: When MIS is management-
oriented, it should be directed by the management because
it is the management who tells their needs and
requirements more effectively than anybody else.
Integrated: It means a comprehensive or complete view
of all the subsystems in the organization of a company.
9
10. Common data flows: The integration of different
subsystems will lead to a common data flow which will
further help in avoiding duplicacy and redundancy in data
collection, storage and processing.
Heavy planning-element: The preparation of MIS is not
a one or two day exercise. It usually takes 3 to 5 years and
sometimes a much longer period.
Subsystem concept: When a problem is seen in 2 sub
parts, then the better solution to the problem is possible.
10
11. Common database: This is the basic feature of MIS to
achieve the objective of using MIS in business
organizations.
Computerized: MIS can be used without a computer. But
the use of computers increases the effectiveness and the
efficiency of the system.
User friendly/Flexibility: An MIS should be flexible.
Information as a resource: Information is the major
ingredient of any MIS.
11
12. Features of MIS
Timeliness
Accuracy
Consistency
Completeness
Relevance
12
13. Components of MIS
1) Marketing Research System (MRS)
Marketing research can be seen as the systematic and
objective search for and analysis of data and information
relevant to the identification and solution of any problem in
the field of marketing.
13
14. 2) Marketing Intelligence System (MIS)
The process of acquiring and analyzing information in order
to understand the market (both existing and potential
customers); to determine the current and future needs and
preferences, attitudes and behavior of the market; and to
assess changes in the business environment that may
affect the size and nature of the market in the future.
14
15. 3) Internal Record System (IRS)
Marketing managers rely on internal reports on orders, sales,
prices, costs, inventory levels, receivables, payables, and
so on. By analyzing this information, they can spot
important opportunities and problems.
15
16. 4) Decision Support System(DSS)
A decision support system (DSS) is a computer-based
information system that supports business or
organizational decision-making activities. DSSs serve the
management, operations, and planning levels of an
organization and help to make decisions, which may be
rapidly changing and not easily specified in advance.
16
17. Aim of Management
Information System
The main aim of MIS is to inform management and help
them make informed decisions about management and the
way the business is run.
17
18. Types Of MIS
Transaction processing systems: These systems process
a large volume of routine, recurring transactions.
Operations information systems: These systems gather
comprehensive data, organize it and summarize it in a
form that is useful for managers.
Decision support systems: These systems help mangers
with the necessary information to make intelligent
decisions.
Expert systems: They are meant to mimic humans in
making decisions in a specific field.
18
20. Outputs Of a MIS
Scheduled reports which are
produced periodically, or on a
Schedule (daily, weekly, monthly).
Key-indicator report which
summarizes the previous day’s
critical activities and also it is
typically available at the beginning
of each day.
20
21. Demand report which
gives certain information
at a manager’s request.
Exception report which
is automatically produced
when a situation is
unusual or requires
management action.
21
22. Benefits of MIS
It improves personal efficiency.
It expedites problem solving(speed up
the progress of problems solving in an
organization).
It facilitates interpersonal
communication
It promotes learning or training.
It increases organizational control.
22
23. It generates new evidence in support
of a decision.
It creates a competitive advantage
over competition.
It encourages exploration and
discovery on the part of the decision
maker.
It reveals new approaches to
thinking about the problem space.
It helps automate the Managerial
processes.
23