...Abstract This paper discusses the importance of MIS in the decision-making of commercial banks in Butembo city. The discussion starts with the review of literatures on the importance of MIS in our world today. The qualitative method of research is applied where; some bank managers were interviewed to collect data. The findings reveal that commercial banks in Butembo city are integrating technology in their daily activities. Mangers do use information systems in making every day decision at their level. Since all the banks in Butembo city are branches that does not need to make high-level strategic decisions. Therefore, the integration of MIS in high-level decision-making is done at the higher level (head office) from the information provided at the lower levels (that is branches like Butembo). However, the banks do share real-time information among branches and the head office. Introduction The history of Management Information System (MIS) starts since long. In 1968, Michael S. Scott Morton wrote a research paper in which he emphasizes the use and emergence of MIS in future. He emphasizes that the future companies will be affected by two things technology and the human comprehension and understanding of decision-making process. According to Morton (1968), it is not only about the emerging of new technologies rather how man will use the information from technology to make decisions. He predicted that in future organizational decisions will...
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...SECURITY AND COMMUNICATION NETWORKS Security Comm. Networks (2011) Published online in Wiley Online Library (wileyonlinelibrary.com). DOI: 10.1002/sec.299 SPECIAL ISSUE PAPER Attack Countermeasure Trees (ACT): towards unifying the constructs of attack and defense trees Arpan Roy* , Dong Seong Kim and Kishor S. Trivedi Department of Electrical & Computer Engineering, Duke University, Durham, NC 27708, U.S.A. ABSTRACT Attack tree (AT) is one of the widely used non-state-space models for security analysis. The basic formalism of AT does not take into account defense mechanisms. Defense trees (DTs) have been developed to investigate the effect of defense mechanisms using measures such as attack cost, security investment cost, return on attack (ROA), and return on investment (ROI). DT, however, places defense mechanisms only at the leaf nodes and the corresponding ROI/ROA analysis does not incorporate the probabilities of attack. In attack response tree (ART), attack and response are both captured but ART suffers from the problem of state-space explosion, since solution of ART is obtained by means of a state-space model. In this paper, we present a novel attack tree paradigm called attack countermeasure tree (ACT) which avoids the generation and solution of a state-space model and takes into account attacks as well as countermeasures (in the form of detection and mitigation events). In ACT, detection and mitigation are allowed not just at the leaf node but also...
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...Decision making process It is necessary to understand the concepts of decision making, as they are relevant to the design of the MIS. The Simon Model provides a conceptual design of the MIS and decision making, wherein the designer has to design the system in such a way that the problem is identified in precise terms. That means the data gathered for data analysis should be such that it provides diagnostics and provides a path to bring the problem to surface. In the design phase of the model, the designer is to ensure that the system provides models for decision-making. These models should provide for the generation of decision alternatives, test them and pave way for the selection of one of them. In a choice phase, the designer must help to select the criteria to select one alternative amongst the many. The idea of designed selection is the best tool available to the MIS designer, whereby he can transfer selection from a choice manufacturer to the MIS and still maintain the liability and liability with the choice manufacturer or the administrator. In case of non-programmed choices, the MIS should offer the choice assistance techniques to handle the variation in the selection conditions. The choice assistance techniques offer a general model of selection. The idea of selection techniques, such as the shut and the start techniques helps the developer in providing style versatility. The shut techniques are deterministic and guideline based; therefore, the style needs...
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...CONCEPT, ROLE AND IMPORTANCE OF MIS CONCEPT The MIS is an idea which is associated with man, machine, marketing and methods for collecting information’s from the internal and external source and processing this information for the purpose of facilitating the process of decision-making of the business. MIS is not new, only the computerization is new , before computers MIS techniques existed to supply managers with the information that would permit them to plan and control business operations. The computer has added on more dimensions such as speed, accuracy and increased volume of data that permit the consideration of more alternatives in decision-making process. The scope and purpose of MIS is better understood if each part of them is defined individually, thus 1. MANAGEMENT: Management has been define in process or activities that describe what managers do in the operation for their organization plan, organize, initiate and control operations. They plan by setting strategies and goals and selecting the best course of action to achieve the goals. They organize the necessary tasks for the operational plan, set these tasks up into homogenous groups and assign authority delegation; they control the performance standards and avoiding deviation from standard. The decision-making is a fundamental prerequisite of each of the foregoing process, the job of MIS is facilitating decisions necessary for planning, organizing and controlling the work and functions of the business...
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...The importance of MIS,CIS&IT A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. Management information systems are not only computer systems - these systems encompass three primary components: technology, people (individuals, groups, or organizations), and data/information for decision making. Management information systems are distinct from other information systems in that they are designed to be used to analyze and facilitate strategic and operational activities in the organization. Academically, the term is commonly used to refer to the study of how individuals, groups, and organizations evaluate, design, implement, manage, and utilize systems to generate information to improve efficiency and effectiveness of decision making, including systems termed decision support systems, expert systems, and executive information systems. Most business schools (or colleges of business administration within universities) have an MIS department, alongside departments of accounting, finance, management, marketing, and sometimes others, and grant degrees (at undergrad, masters, and PhD levels) in MIS. The another importance in the organization’s by learning MIS, Companies are able to highlight their strengths and weaknesses due to the presence of revenue reports, employees' performance record etc. The identification of these aspects can help the company improve their business processes and operations(Its all the result...
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...purpose of the paper is to investigate issues relating to the management information systems of agricultural extension providers in Iran. A survey study was applied as a methodology of research work. Data were collected using a structured questionnaire that addressed evaluating managers’ responses with regard to management information system (MIS) key issues. All issues had mean score greater than five as perceived by managers. This would suggest that most key issues are moderately important in the present time. To delineate more clearly the relationships between the organizational factors and MIS key issues ratings, a descriptive model is currently under development. Future work is to formulate a research model that more precisely describes the relationship between the organization's factors and the MIS key issues rankings across the countries. The organization factors should extend factors covered in the present study to those that are broadly pertinent to the dimensions of the organization's operating environment. To identification of issues of agricultural extension management information system, and how the managers rate the importance of the MIS issues according to organizational factors. The paper advances a clear plan of action for improving the management information system in the area of agricultural extension providers to all...
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...appears to be a lack of communication of the expectations from upper management to the hospital administrators who enter data into to the management information system (MIS). Per Brickley, Smith and Zimmerman, it is critical for managers to understand what motivates individuals. Without providing the staff with clear expectations, it is impossible for the managers to understand how to motivate them to accomplish the objectives. Another problem seems to be that upper management and the administrators have different views of the importance of correct data entry into the MIS. Upper management sees it as providing misleading information to the federal government, which could lead to a loss of grant aid, while the administrators feel that taking the time to ensure accurate data entry into the MIS takes away from the services they provide to patients. Q2. What information would you want to analyze? R2. The first area that should be analyzed is the MIS itself and whether it is too cumbersome or confusing for the administrators to input data accurately. Assuming the MIS is performing as expected, the various models of behavior (e.g. happy-is-productive, good- citizen) should be analyzed to determine the best way to motivate the administrators to perform better as it relates to data entry into the MIS. Finally, it would be valuable to analyze what patient services or staff cuts would be required if the federal funding was reduced or eliminated due to the inaccurate reporting...
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...The Management Information System (MIS) Management information system, or MIS, is a managerial decision-making tool. A company uses it in all of its business operations and processes. As the management is in complete know of everything transpiring in the company, it leverages on this advantageous position. Using it, a company is able to record and document all facts pertaining to its procedures and methodologies. The basic intent is to manage and control all of the company’s employees and material through MIS. Importance of Management Information System: Using an MIS, an organization is able to establish its hierarchical structure and work-flow charts. Every employee in the organization knows the employees he has authority over and to whom he is responsible for work. The work then progresses without glitches. The company’s operating and procedures are listed by an MIS. The preparation of audits also gets simplified. Benefits of Management Information System: There are numerous pluses in using an MIS. The organization records and tabulates all its key strategic functions. As and when deviations from the planned course happen, the organization is able to take corrective action at once. Communication channels are enforced. As the authority-responsibility diagrams are well established, the superiors delegate work to their subordinates and the subordinates turn to them for guidance and suggestions. The MIS mechanism enables the organization to weigh the pros and cons...
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...Management Information Systems Management Information Systems (MIS) An MIS provides managers with information and support for effective decision making, and provides feedback on daily operations. A manufacturing MIS can help managers monitor a manufacturing process to maximize the value to processes within an organization. Information is provided to managers through various summary reports that are usually generated through accumulation of transaction processing data. Each MIS is an integrated collection of subsystems, which are typically organized along functional lines within an organization. Thus, a financial MIS includes subsystems that address financial reporting, profit and loss analysis, cost analysis, and the use and management of funds. The architecture of an MIS is shown below. Sources of Management Information • Management information systems is one of the systems that managers use to obtain information. Other systems include decision support systems, executive support systems and expert systems. Data Inputs to an MIS Most of the data source for MIS is the organization’s various transaction processing systems that capture and store data from ongoing business transactions. Data may also come from various functional areas (accounting, finance, sales, etc.) of an organization. ...
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...Name: Institution: Course: Date: Submission #1 Importance of Information System Structure in an Organization. Management information system (MIS) professionals develop information systems used for data management. These include searching, storing and analyzing data. They play an important function in fields such as integration, exchange and information security. They are also able to implement, design and use business data systems in ingenious ways to increase the adeptness and effectiveness of a company. MIS specialists are responsible in assisting an organization build or deploy a system, in the event that they are unable to access important tools to do so. They are able to apply information technology to a business setting. They are responsible for researching software and hardware updates by evaluating new products and negotiating pricing with product vendors. Systems management involves the MIS professional to monitor the computer system of an organization, which include system recovery and restart, monitoring safety compliance, controlling the computer system security and developing procedures and standards. This assists the organization to make important decisions and correct out of control situations. MIS specialists are also responsible for overseeing information technology staff. These tasks include development, training and performance management. They also assist in actual staffing of the department as well as outsourcing if necessary. They also guide middle management...
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...Executive Summary This study has been conducted to analyse the role of information systems in supporting decision making process. For this purpose, role of different types of information systems such as, Management Information System (MIS), Decision Support System (DSS), Enterprise Resource Planning System (ERP), Executive Information System (EIS), specifically agent-based information systems have been analysed in the different aspects of decision making process. For this purpose ten highly relevant journal articles have been selected and the body of this report is based upon the literature of those articles. From the research of this report, it is has been found out that different types of information systems facilitates managers working at different levels of organisations in making effective decision. It has been identified that organisations operate in highly vibrant and impulsive environment that changes rapidly. Based on these changes, executives and higher level managers have to make decisions accordingly. This decision making process requires a lot of subjective information about the external environment upon which decisions have to be made Annotated Bibliography 1. Ucakturk, A. & Villardb, M., 2013. The Effects of Management Information and ERP Systems on Strategic Knowledge Management and Decision-Making. Social and Behavioural Sciences, Vol 99, pp. 1035 – 1043. In this article, Ucakturk and Villardb have discussed the effects of management information and ERP...
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...systems. A management information system (MIS) is a system or process that provides information needed to manage organizations effectively. Management Information Systems (MIS) employs the integration of information technology in achieving the needs and objectives of the general workforce, managers and their organization. The development of MIS in organizations helps corporate executives in applying efficient and effective information technology-based business and economic decisions. With new trends in information technology, managers and organizations will face more advance and flexible management of organizational information. 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. Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making, e.g. Decision Support Systems, Expert systems, and Executive information systems. The terms MIS and information system are often confused. MIS is sometimes referred to, in a restrictive sense, as information technology management. That area of study should not be confused with computer science. IT service management is a practitioner-focused discipline. MIS has also some differences with Enterprise...
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...Effective Information Security Requires a Balance of Social and Technology Factors EffEctivE information SEcurity rEquirES MIS Uarterly a BalancE of Social and tEchnology xecutive factorS1,2 Q E Tim Kayworth Baylor University (U.S.) Dwayne Whitten Texas A&M University (U.S.) Executive Summary 2 Industry experts have called for organizations to be more strategic in their approach to information security, yet it has not been clear what such an approach looks like in practice or how firms actually achieve this. To address this issue, we interviewed 21 information security executives from 11 organizations. Our results suggest that a strategically focused information security strategy encompasses not only IT products and solutions but also organizational integration and social alignment mechanisms. Together, these form a framework for a socio-technical approach to information security that achieves three objectives: balancing the need to secure information assets against the need to enable the business, maintaining compliance, and ensuring cultural fit. The article describes these objectives and the security alignment mechanisms needed to achieve them and concludes with guidelines that can be applied to ensure effective information security management in different organizational settings. INFORMATION SECURITY HAS BECOME A STRATEGIC ISSUE Information security continues to be a major concern among corporate executives. The threat of terrorism,...
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...collaboration tools can make you very marketable as a business manager, because many companies use these tools in their team work. This week covers using these collaboration tools to improve communication as well as document sharing. Internet and Collaboration Tools OBJECTIVE: Determine how and when to use Internet technologies in business. Resources: Ch. 1 & 8 of MIS Essentials Content • Ch. 1: The Importance of MIS o Q1: Why is Introduction to MIS the Most Important Class in the Business School? o Q2: What is an Information System? o Q3: What is MIS? o Q4: Why is the Difference Between Information Technology and Information Systems Important to You? o Q5: What is Your Role in IS Security? • Ch. 8: E-Commerce, Web 2.0, and Social Networking o Q1: What Types of Interorganizational Systems Exist? o Q2: How do Companies use E-Commerce? o Q3: Why is Web 2.0 Important to Business? o Q4: How Does Social Capital Benefit You and Organizations? o Q5: How Does Social CRM Empower Customers? OBJECTIVE: Determine collaboration tool needs based on business function. Resources: Chapter Extension 2 of MIS Essentials, Article One of Business Week.com, and Article One of Faulkner Information Services Content • Chapter Extension 2: Using Collaboration Information Systems o Q1: Why use Information Systems for Collaboration? o Q2: How can You use Collaboration Systems to Improve Team Communication? o Q3: How can You use Collaboration Systems to Manage Content...
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...Name Writing Style Used: MLA Course and Section Number: THEO 202 Anthropology: Marriage and Divorce Marriage is viewed differently by today’s society than that of Biblical times. While there are still some similarities in the regulations and limitations of marriage, the overall view and importance has slowly transformed. Society has taken on the mindset that marriage is simply a document that means nothing and if the marriage ends up not working out then it is okay to divorce and move on to other relationships. The Bible is clear as to what marriage stands for and that it is something that must be fought for and should last a lifetime. The concept of marriage was established when Adam and Eve were created. In Genesis 2:18-25 it tells not only of how Eve was created but why she was created. According to L.I. Granberg and J.R. Root, God made marriage so that a man and woman could be joined to form “one flesh” and reach a sense of completeness. (Granberg, 743). It can be found in 1 Corinthians 7:1-16 what is required and asked of both the man and the woman to have a healthy, God honoring marriage (NIV). The Bible does not give an exact moment in which a couple is considered to be married in the eyes of God, but rather lists three principles that should be followed. The first being that marriage should follow the marriage requirements the government has set. Romans 13:1-2 says that we must obey the government that the Lord has placed over us (NIV). The second principle, depending...
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