...How MIS Affects Organizational Functions The Management Information Systems (MIS) plays a very important role in business environment to become a significant strategy of its organization operation. According to Linda Banks, the author of “The Tea Room News”, she mentions the impact of MIS to business processes is “Management Information Systems (MIS) not only include software systems, but the entire set of business processes and resources that are used to pull together information from functional or tactical systems” (B, 2015). Basically, the MIS is described as data collected system which analyzes data in order to provide appropriate information related in business performances. That information will be valuable for different levels of its management. On this paper, we will discuss the effect of MIS on executive level of business decision making, organizational department levels; and its contributions on production sales. In the level of competitive business environment nowadays, business owners have to react immediately with the sudden change of current activity of organization. By the way, the decision needs to be quick and accurate. According to Watson H.J and Mann R.I, the co-author of the article “Information Systems for Management” published in 1987, stated that “The MIS supports the planning, control and operation functions of an organization by furnishing uniform information in the proper time frame to assist the decision makers" (Watson H.J , Mann R.I, 1987). Obviously...
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...Journal The Evolution of Information Management By Don Hatcher, Bill Prentice Customers today are demanding better service, lower prices, and higher quality goods. With such a volatile economy in recent years and with so many businesses competing for the same customers, it is imperative for companies to continually improve their customer service or else risk falling victim to their competitors. This is one reason why many organizations are rethinking how they do business. For years, they have accumulated valuable information as a by-product of production while failing to put it to good use. When a company knows its customers’ buying patterns, interests, and demographics, it provides a distinct competitive advantage. This knowledge has become so critical in recent years that the process of managing information has become an industry of its own. How does a company manage its strategic information assets in today’s rapidly changing business environment? What challenges arise out of that task? Are there any preventive measures that can ease the “growing pains” associated with moving from one information paradigm to the next? No matter how simple or convoluted the current information architecture is, evolving companies’ effective use of information can help them achieve a level of sustainable competitive advantage that can be measured on the bottom line. [pic] Figure 1. The Information Evolution Model and its Five Levels The Information Evolution Model Companies...
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...devices. Information management: The planning, budgeting, control and exploitation of the information resources in an organization. It comprises of information relating to personal, finance, marketing, organization and technology. It helps in the coordination and integration of a wide range of information about the activities inside the organization. The information include the formulation of corporate information policy, design, evaluation and integration ofeffective information systems and services, the exploitation of IT for competitiveadvantage and the integration of internal and external information and data. Data management: Data management is an organization's management of information and data for secure and structured access and storage. It includes creating policies for the government, analysis and architecture, database management, integration systems, data security and data source. Is comprises of a variety of different techniques that facilitate and ensure data control and flow from creation to processing, utilization and deletion. It is a main part in an IT industry as data and information builds up the organization. Infrastructure: It is the basic facilities, services and installations needed for the functioning of an organization. It is the underlying base or foundation needed especially by industries or companies to function with ease. Information management consists of computers, instructions, stored facts, consumers and procedures. The management information...
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...Integrated Information Management When designing a human management organization there are many risks and challenges in producing useful information. An organization needs to be aware and careful about what information they choose to incorporate in the system because not all of it is going to be much use. In this day and age there are an accountable amount of data we can collect from the computer but using it is another story, it does not do us any good by acquiring the information and not putting it to use. The importance of the four external data functions and information needs are economic, sociological, political, and technological. Each of these functions needs to be thought about when gathering what information is needed and for what it is needed for. The economic is the funding sources, contributors, referral sources, consumers, and the competitors. The organization must be able to answer and whatever questions that these entities may come up (Kettner, 2002). The sociological is relative to the political subdivisions and community to which the organizations functions. This domain focuses on the problems, needs, reporting, the profile of the people, acquiring regular data collections, and the strengths. The organization must be able to identify with what the area and the population in which they serve needs and must be able to change with them and make sure they are addressing them in the way they count on and look to (Kettner, 2002). The political the people in which...
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...Business Information System A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively.[1] Management information systems are typically computer systems used for managing. Management information systems are distinct from other information systems in that they are used to analyze and facilitate strategic and operational activities.[2] 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.ref name=obrien/> Many business schools (or colleges of business administration within universities) have an MIS department, alongside departments of accounting, finance, management, marketing, and may award degrees (at undergrad, masters, and PhD levels) in MIS. Kenneth and Jane Laudon identify five eras of Management Information System evolution corresponding to the five phases in the development of computing technology: 1) mainframe and minicomputer computing, 2) personal computers, 3) client/server networks, 4) enterprise computing, and 5) cloud computing.[3] The first era (mainframe and minicomputer) was ruled by IBM and their mainframe computers; these computers would often take up whole rooms and require teams...
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...ELECTE SEP11W THESIS AUTOMATED FINANCIAL MANAGEMENT INFORMATION SYSTEM FOR NAVY FIELD ACTIVITY COMPTROLLERS by Shaun Kevin Taylor March 1990 Thesis Advisor: Second Reader: Glenn D. Eberling William J. Haga Approved for public release; distribution is unlimited. UNCLASSIFIED SECURITY CLASSIFICATION OF THIS PAGE REPORT DOCUMENTATION PAGE lb RESTRICTIVE MARKINGS Ia.REPORT SECURITY CLASSIFICATION Unclassif led 2a. SECURITY CLASSIFICATION AUTHORITY 3. DISTRIBUTION /AVAILABILITY OF REPORT 2b. DECLASSIFICATIONiDOWNGRADING Approved for public release; distribution is SCHEDULE unlimited. 5. MONITORING ORGANIZATION REPORT NUMBER(S) 4. PERFORMING ORGANIZATION REPORT NUMBER(S) 6a. NAME OF PERFORMING ORGANIZATION 6b. OFFICE SYMBOL 7a. NAME OF MONITORING ORGANIZATION (If applicable) I Code 37 Naval Postgraduate School Naval Postgraduate School 7b. ADDRESS (City, State, and ZIP Code) 6c. ADDRESS (City, State, and ZIPCode) Monterey, Ca. Monterey, Ca. 94943-5000 9. PROCUREMENT INSTRUMENT IDENTIFICATION NUMBER A 8b. OFFICE SYMBOL (If applicable) 8a. NAME OF FUNDING/SPONSORING ORGANIZATION 93943-5000 10. SOURCE OF FUNDING NUMBERS 8c. ADDRESS (City, State, and ZIP Code) PROGRAM ELEMENT NO. WORK UNIT ACCESSION NO. TASK NO. PROJECT NO. II. TITLE (Include Security Classification) * Automated Financial Management Information System for Navy Field Activity Comptrollers ...
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... Homework 1. WHAT IS MIS? MIS is short for management information system or management information services. Management information system, or MIS, broadly refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization. In order to provide past, present and prediction information, a management information system can include software that helps in decision making, data resources such as databases, the hardware resources of a system, decision support systems, people management and project management applications, and any computerized processes that enable the department to run efficiently. 2. WHY IS MIS IMPORTANT FOR ORGANIZATION? Because MIS provides several benefits to the business organization: the means of effective and efficient coordination between Departments; quick and reliable referencing; access to relevant data and documents; use of less labor; improvement in organizational and departmental techniques; management of day-to-day activities (as accounts, stock control, payroll, etc.); day-to-day assistance in a Department and closer contact with the rest of the world. MIS provides a valuable time-saving benefit to the workforce. Employees do not have to collect data manually for filing and analysis. Instead, that information can be entered quickly and easily into a computer program. As the amount of raw data grows too large for...
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...point, “Meet information requirements of management”, is in the CIO’s list “Society is bombarded with data”( Scams & Fraud, 2012). Often so much information is received and as a result we feel overloaded! There's e-mail, web processing, instant messaging, voice mails, and a myriad of other means of communication that are constantly streamed to us daily. Dealing with the organization and management of information can be frustrating and make us want to pull our hair out, but nonetheless, it must be given serious attention. Businesses are driven by data, and the information derived from data is an extremely valuable asset in today's environment and most organizations are dependent on its availability and accuracy. The electronic age has brought new challenges in managing information that previously was non-existent prior to computers and the Internet. While technology has generated higher efficiency, access, and integrity with the newer ways to organize and manage information, it can be overwhelming. Managing data information has become a job in itself, yet it is an important one. In today's global economy, networks have created ways to rapidly transmit data. As a result managers must be able to obtain current data quickly in order to make informed and up to date decisions. This requires readily accessible information at their fingertips in order to analyze. Instantaneous recall information is often crucial, and in order to achieve this, efficient file management is a must. How...
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...Management Information System 2 Marks UNIT 1 MIS Introduction 1. Data: Raw facts such as an employee’s name and number of hours worked in a week, inventory part numbers or sales orders. Information: A collection of facts organized in such a way that they have additional value beyond the value of the facts themselves. Data Information Salesperson: J. Jones Sales Territory: Western Region. Current Sales: $147,000 Units = 147 Salesperson: J. Jones Sales Territory: Western Region. Current Sales: $147,000 Units = 147 Data Processing Data Processing $35,000 12 Units $12,000 J. Jones Western Region $100,000 100 Units 35 Units $35,000 12 Units $12,000 J. Jones Western Region $100,000 100 Units 35 Units 2. Management information systems: Def 1: Information system at the management level of an organization that serves the functions of planning, controlling, and decision making by providing routine summary and exception reports. Def 2: MIS provide information in the form of pre-specified reports and displays to support business decision making. Examples: sales analysis, production performance and cost trend reporting systems. Objectives: * Routine information for routine decisions * Operational efficiency * Use transaction data as main input * Databases integrate MIS in different functional areas. 3. Describe three levels of information in managerial level Management Support Systems provide information and support...
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...UNIVERSITY OF MANAGEMENT WINDHOEK-NAMIBIA STUDY MANUAL INFORMATION MANAGEMENT SYSTEMS CODE: BIS - 3315 TABLE OF CONTENTS CHAPTER PAGE NUMBER 1. WHY INFORMATION SYSTEMS………………………………………….6 2. Strategic role of information systems…………………..21 3. Information systems in organizations…………………..26 4. Computer and information processing…………………42 5. Managing data resources………………………………………..60 6. Networking and information systems…………………..81 7. Systems development…………………………………………………90 8. Implementation of information systems……………….97 9. Managing knowledge……………………………………………….106 10. Decision support systems………………………………………….129 THE STRUCTURE OF THIS STUDY MODULE The Module has margin icons that show the student the objectives, activities, in-text questions, feedback, further reading, key words and terms, stop and reflex signs. Chapter One covers the importance of Information Systems in running today’s organizations. Chapter Two looks at the strategic role played by information systems in today’s organizations. Chapter Three focuses on the impact of Information Systems on the organizational structure and how information systems help managers improve their decision making. Chapter Four looks at the hardware and software requirements for organizations to be able to implement information systems structures Chapter Five looks at the traditional file environments and the rise of the database management systems. Chapter...
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...Importance of information technology to business organizations? Information Technology (IT) is: "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." In short, IT deals with the use of electronic computers and computer software to convert, store, protect, process, transmit and retrieve information, securely. Today, the term Information Technology has ballooned to encompass many aspects of computing and technology, and the term is more recognizable than ever before. The Information Technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include: Data Management Computer Networking Database Systems Design Software design Management Information Systems Systems management In this definition, the term "information" can usually be replaced by "data" without loss of meaning. Recently it has become popular to broaden the term to explicitly include the field of electronic communication so that people tend to use the abbreviation ICT (Information and Communication Technology). Strictly speaking, this name is slighty redundant. Why Is Technology Important in Business? Technology is essential to the success of many businesses. No matter the...
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...Chapter 1 ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW TEACHING TIPS This chapter provides general coverage of many of the text's major themes. It's usually a good idea to indicate how the topics covered in this chapter will be covered in more detail later in the course. Many instructors will not assign any problem from the end of this chapter. This can be done without any loss of overall continuity in the course. If the course will emphasize internal controls, it might be desirable to cover in class one of the general cases on internal control from the back of Chapters 4, 7, or 8. This should be done to stimulate student interest, but the instructor should not worry if the students in the course fail to analyze the case correctly. In some ways, teaching systems can be more difficult than teaching other areas. In many cases there are no clear-cut debits and credits to be made, and judgment is often required. This can make some students feel uncomfortable. So it's usually good to emphasize this at the beginning of the course to properly set students' expectations. The point should also be made that systems are an important area of professional examinations. One of the biggest risks in teaching systems is that it can easily become dry and boring. I have found that the best way to overcome this is to generate as much class discussion as possible on many of the major points in the chapter. Accordingly, I always make class participation about one-fourth of the total...
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...Discussion Question IT/201 Christopher Morrison Management Information Systems are one of my favorite concepts from this course and today we will be going over the basics. 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, and marketing. Management information systems (MIS) are methods of using technology to help organizations better manage people and make decisions. Managers use management information systems to gather and analyze information about various aspects of the organization, such...
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...MANAGEMENT INFORMATION SYSTEM CASE STUDY 1 Valery Alyssa Rosete-Lao Dr. Milani Austria MBA 12-613377 Professor I. TITLE: UPS COMPETES GLOBALLY WITH INFORMATION TECHNOLOGY II. BRIEF INTRODUCTION CASE SUMMARY UPS has created its own information system with Delivery Information Acquisition Device (DIAD) and Web-based Post-Sales Order Management System (OMS) globally by using developed information technology. These special systems help the company to reduce the cost of transaction greatly. By building its efficient order information management system, UPS can make optimal routing strategy, place orders online, and track shipments to meet customer needs. These information systems guarantee the possibility of two-day delivery nationwide as well as lower warehousing and inventory costs for the company. United Parcel Service (UPS) started out in 1907 in a closet-sized basement office. Jim Casey and Claude Ryan are two teenagers from Seattle with two bicycles and one phone promised the “best service and lowest rates”. UPS has used this formula successfully for more than 90 years to become the world’s largest ground and air package-distribution company. It is a global enterprise with more than 425,000 employees, 93,000 vehicles, and the world’s ninth largest airlines. The firm has been able to maintain leadership in small-package delivery services despite stiff competition from FedEx and Airborne Express by investing heavily in advanced information...
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...Changes in Foodservice Resulting from Management Information Systems By George Stipe April 27, 2012 Management Information Systems Professor: Dr. Fish The food service industry started in 500 BC with the [1]“Ta Dionisiaka” banquets dedicated to the God of wine in Ancient Greece and run up to present day. In the 1980s restaurant operators still used facsimile machines or phones to place orders. In the early 1990’s fax machines were starting to be cost effective. Then in the late 1990s and early 2000s personal computers took food service ordering to a new level. The greatest advancement in technology in the food service industry started in the time period of the 2000s. These were the IT and web based technologies that revolutionized how restaurants do business. These new technologies have given restaurants a competitive edge they need to become more profitable. These technological advances address the five key areas of food service operations management: ordering, receiving, inventory, recipes, menus, and food safety. Food Service Ordering Restaurant managers use different strategies for their purchases. Most food suppliers have interactive web sites where any amount can be ordered and put in when they need their products. This allows the food service managers to practice what is called just-in-time purchasing, which is a finely tuned product...
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