...How Businesses Use Information Systems Objectives: * Identify the features of a business that are important for an information system * Describe the way in which information systems support business operations * Explain how the information systems improve organizational performance * Assess the role of the information system within a business Defining the Features of a Business Four Basic Business Functions * Manufacturing and production – an arrangement of people, machines, and business processes (procedures) that will produce the product * Business Process * Assembling the product * Checking for quality * Producing bills of materials * Sales and marketing – who will attract customers, sell the product and keep track of after sale issues, such as warranties and maintenance * Business Process * Identifying customers * Making customers aware of the product * Selling the product * Finance and accounting – once you generate sales, to keep track of financial transactions, such as orders, invoices, disbursements, and payroll. This group will see out sources of credit and finances. * Business Process * Paying creditors * Creating financial statements * Managing cash accounts * * Human resources – group of people to focus on recruiting, hiring training, and retaining employees * Business Process * Hiring employees ...
Words: 2545 - Pages: 11
...Course Technology’s Management Information Systems Instructor and Student Resources Introduction to IS/MIS Principles of Information Systems, Eighth Edition • Stair, Reynolds Fundamentals of Information Systems, Fourth Edition • Stair, Reynolds Management Information Systems, Sixth Edition • Oz Information Technology in Theory • Aksoy, DeNardis Office Applications in Business Problem-Solving Cases in Microsoft Access & Excel, Sixth Annual Edition • Brady, Monk Succeeding in Business Applications with Microsoft Office 2007 • Bast, Gross, Akaiwa, Flynn, et.al Succeeding in Business with Microsoft Office Excel 2007 • Gross, Akaiwa, Nordquist Succeeding in Business with Microsoft Office Access 2007 • Bast, Cygman, Flynn, Tidwell Databases Database Systems, Eighth Edition • Rob, Coronel Concepts of Database Management, Sixth Edition • Pratt, Adamski Data Modeling and Database Design • Umanath, Scamell A Guide to SQL, Seventh Edition • Pratt A Guide to MySQL • Pratt, Last Guide to Oracle 10g • Morrison, Morrison, Conrad Oracle 10g Titles Oracle9i Titles Enterprise Resource Planning Concepts in Enterprise Resource Planning, Third Edition • Monk, Wagner Data Communications Data Communications and Computer Networks: A Business User’s Approach, Fourth Edition • White Systems Analysis and Design Systems Analysis and Design in a Changing World, Fifth Edition • Satzinger, Jackson, Burd Object-Oriented Analysis and Design with the Unified Process • Satzinger, Jackson, Burd Systems Analysis and Design...
Words: 223685 - Pages: 895
...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...
Words: 1390 - Pages: 6
...Management Information Systems - Westminster College - Fulton, Missouri Why Study Management Information Systems (MIS) at Westminster? * Our MIS program builds on the strengths of our Business and Computer Sciences offerings as well as our liberal arts education. Classes blend theory and practice in “hot” areas—issues and technologies that researchers and practitioners are currently interested in. * Each class is uniquely designed for Westminster, in response to recent scholarly findings and rising trends in the field. * Courses are not technology driven, though technology is adequately integrated into the major. Therefore, students never have to play catch-up with technology that is imposed externally. Instead, all discussions are driven by business strategy and user needs. * Majors become user and data advocates who understand that the most critical elements of an information system are not hardware and software, but the people and information. * Dr. Phelps, who designed and implemented the major, has degrees and research, and consulting experience in all of the relevant fields of MIS: business, decision science, computer science, and information technology. So, “knowing a little about a lot” allows her to see the best benefits of these synergies and bring those synergies into the classroom. Major Highlights In your formal MIS studies, you will learn organized approaches to gathering, processing, and presenting information, in order to improve...
Words: 908 - Pages: 4
...Introduction to Information Systems There is a structure that comes with information systems, ones that will be beneficial to our workers and to us as business owners. I will cover both that I feel will be the most applicable to our record store. I feel that we need multiple systems that will benefit us with accessibility and understanding of the systems, The transaction processing system is the bottom part of the structure to use for the employees because it has many different unique uses. The TPS can collect, store, modify, and retrieve the transactions of an organization. It stores data in certain files that are able to be seen only by select individuals. There will be worker files only accessible by employees as well as manager and CEO files that only we can access. It offers many other useful tools such as rapid processing, batch processing, and real time processing. Management information systems are above the transaction processing system. These systems don’t deal with the day to day data in needing and operating our record store such as the TPS. The MIS provides information that is needed to organize and manage organizations efficiently and effectively. MIS involve three primary resources: people, technology and decision making. The systems main purpose is to analyze operational activities in the organization. It can show if our plans our reaching out goals and allows our managers to supervise over the TPS. I feel this next one isn’t going to be needed...
Words: 619 - Pages: 3
...THESIS PROPOSAL INFORMATION MANAGEMENT SYSTEM (IMS) BY 2012 SUBMITTED TO ______________________ INTRODUCTION: The purpose of this essay is to address several aspects in order to understand the importance of information management systems operation, improve the quality of business service that based on information technology, and enhance the level of management of information systems. Information management System (IMS) effectiveness assessment is an important issue for the organizations as IMS have become critical for their survival. With the incorporation of Internet technologies into the business environment, it is now more difficult to measure IMS effectiveness, because Internet provides a borderless, flexible and non-stop communication medium. Assessing the effectiveness of information systems (IS) is vital for survival and competitive advantage which is a complicated subject since there are several interacting factors to consider. In the literature there are several methods...
Words: 3077 - Pages: 13
...Information -> Facts or knowledge provided or learned. -> A very important thing in Organizations, Education, Society, ans Business. And because information is important, we must be Relevant, Complete, Accurate, Current in giving information. In business, information must be obtained economically. * Relevant -> connected or approciate to current matter. *Complete -> having all necessary parts, finished and to the greatest degree. *Accurate -> No error. *Current -> latest, in general use or being used know. *Economically -> giving good values in any relation to resources used or money spent. Careful in the use of resources. System: -> A set of things working together as a mechanism or network. -> An organized scheme or method. DISADVANTAGES OF HAVING NEW TECHNOLOGY: *New technology almost improve our lives. Without this so called technology. We can't disseminate informations Accurately, Completely and Relevantly. But often also has undesirable effects. • These are the disadvantages of having new TECHNOLOGY: * Consumer's Privacy * Employee Privacy * Freedom of Speech * IT Professionalism * Social Inequality Advantage of having new Technology: * Having new technology can make life easy. It can also make the world "small" by connecting other people in different countries. It demonstrates the business community by making...
Words: 690 - Pages: 3
...LESSON 1 INFORMATION SYSTEMS MANAGEMENT Aims and outcomes Aims The aim of this session is to introduce and re-affirm your basic understanding of data, information and information systems. The discussions will lead you to develop an understanding of the concept of an organisation as a system. Further, you will examine the flows of decision-making and the sources of data used to make those decisions. Finally, we will consider the types of IS/IT required to support organisations at three different levels of decision-making - operational, tactical and strategic. This session provides the foundation for the remainder of the sessions. Learning Outcomes By the end of this lesson you will: • • • • Understand the use of data and decision-making at the different levels of a conceptual organisation. Understand the concepts of systems thinking to support business operations. Familiarize yourself with the vocabulary of strategy. Understand the importance of IT/IS as a strategic tool. Required Reading Chapter One – Foundations of Information Systems in Business Read through Chapter One Section 1 of the text book Read the Real World case study 2 – Lufthansa: Taking Mobile Computing to the Skies While Keeping the Mobile Workforce Connected. Student Activity Answer the questions at the end of the case study Post your answers onto the discussion board. Background Reading • • Here is the web address for a series of articles addressing knowledge and information management: http://www...
Words: 2904 - Pages: 12
...Question 1: From an analytical prospective, explain how information systems relate to the way Zara runs its business. What types of systems are the most essential for this company in its current environment? In this new era of globalization, the using of technology has been very common and can be conclude as part of human’s life. In order to survive in today’s challenging business world, every organization has to be confronted with highly competitive pressure to bring out more effectiveness and efficiency when running a business. This case study is about Zara, large international fashion company which known as one of the survivors by successfully overcome the business pressure by implementing new technology system. Zara is known as one of the largest international fashion companies which belong to Inditex, one of the world’s largest distribution groups. This clothing retail group headquartered their first store which located at La Coruna, Spain. By having 531 stores located in 45 countries, Zara carry out their business model by using information system to generate design, production and distribution service through retail network. From production till distribution, Zara choose to manage the entire process by itself because they believe is more efficient and profitable by doing so. It also helps Zara to penetrate fashion trend faster compare to other competitors. Today, Zara works towards their mission by contribute to the sustainable development of society and that of...
Words: 2045 - Pages: 9
...SES’s- GOI- FACULTY OF MANAGEMENT Course: MMS, Semester (II) Examination: Final Examination- 2013 Subject: Management Information System Date: 22/04/2013 Time: 2 hrs Maximum Marks: 30 Instructions: 1. Before starting to write the examination, make sure that it is complete and that there are no printing defects. This examination paper consists of 6 pages. There are 5 questions each of 6 marks, for a total of30 marks. 2. Read the questions carefully and answer what is asked, clearly and to the point only. 3. To assist you in answering the examination questions, the following glossary of terms is included. 4. All questions are compulsory and carry 10 marks each. Glossary Compare Examine qualities or characteristics that resemble each other. Emphasize similarities, although differences may be mentioned. Contrast Compare by observing differences. Stress the dissimilarities of qualities or characteristics. (Also Distinguish between) Criticize Express your own judgment concerning the topic or viewpoint in question. Discuss both pros and cons. Define Clearly state the meaning of the word or term. Relate the meaning specifically to the way it is used in the subject area under discussion. Perhaps also show how the item defined differs from items in other classes with an example. Describe Tell the whole story in narrative form. Diagram Give a drawing, chart, plan or graphic answer. Usually you should label a...
Words: 1121 - Pages: 5
... MIS (Management Information Systems) MIS deals with the coordination and use of three organizational resources. The way people use technology to work with information. a. People The most important resource to an organization is its people. Technological Literacy: a measure of an employees ability to know how and when to apply technology Informational Literacy: a measure to define an employees ability to define information and determine what information is needed b. Information Data: Raw facts that describe a particular phenomenon such as temperature or price Information: data that has particular meaning, as in what clothes to wear based on temperature, or what food to buy based on price. Business Intelligence: collective information about customers, competitors, partners, environment, and internal operations Timeliness: Access to information when it is needed, and is the information up to date Location: Can information be accessed where it is needed Form: Is the information in a useful format, such as a graphic for a presentation, and is it free of errors Validity: does the information come from an original credible source Information Flow Upward: Information flows from the bottom of a company to the top, and information granularity occurs as information is summarized as it moves up the chain of command Downward: Goals and information that starts at the top of an organization and flows down through the lower levels Horizontal: Information that flows...
Words: 661 - Pages: 3
... | MISY 3310 Management Information Systems Section W01: Online Course; 2013 Spring Semester Instructor: Dr. Tim Klaus Office: OCNR 385 Telephone: Office: (361) 825-2379 Cell Phone: (361) 248-8495 – feel free to call Mon-Sat between 9AM-10PM (I’ll be able to receive or return your call quicker than if you call the office) E-mail: tim.klaus@tamucc.edu Office Hours: Monday 8:30-8:55 AM, 9:55-10:55 AM, 12:00-3:10 PM Wednesday 8:30-8:55 AM, 9:55-10:55 AM Other days and times by appointment Course Website (Blackboard): http://iol.tamucc.edu/ Course Materials 1. Required Text: O’Brien, James and George Marakas, Introduction to Information Systems: Essentials for the E-Business Enterprise, 16th ed., Irwin/McGraw-Hill. Print - ISBN: 0073376884 eText – ISBN: 0077506413 2. Course material through http://iol.tamucc.edu/ Optional Materials None Prerequisites MISY 2305 or equivalent and Junior standing or above. Course Description: Provides an understanding of the importance of computer-based information in the success of the firm. Illustrates ways in which companies utilize computer systems to strategically compete within certain industries. Emphasis is on the role of information systems within each of the functional areas of business. Major concepts include data management, decision support, and management information systems. Relationship to Other Coursework: Where MISY 2305 provides...
Words: 2297 - Pages: 10
...Assignment: Required First Week Assignment After reviewing the modules and Introduction for Management Systems two of the modules stand out and have piqued my interest. Those modules are module 3 EBusiness : Electronic Business Value and module 6 Data: Business Intelligence. Module 3 interests me because it deals with the advantages of web technologies in business and how buyer seller relationships are handled. This relates to my current job role as manager of website operations for an online college. The majority of our marketing budget is geared towards web marketing and learning more about how this integrates in to our business model and gaining potential students. I have equal interest in module 6 due to the information regarding business intelligence, as a manager I rely heavily on data and analytics that help me make decisions regarding our web business. Having access to data and how to better use my data is what I hope to gain from this module. One of my least favorite modules is module 1 Management Information Systems: Business Driven MIS, my low level of interest in this module is due to the fact that I’ve been in business and information technology for many years and I feel I have mastered this section due to my experience. Another module that I have a low level of interest in is module 2 Decisions and Processes: Value Driven Business due to this module dealing with tools that managers use to make decisions. Again with my years of experience and the various...
Words: 497 - Pages: 2
...STAFFORDSHIRE UNIVERSITY Strategic Information Management Module Code: CE00346-6 Module Leader: Mr. Ellick YEUNG Email: ellick.yeung@cityu.edu.hk Course objectives (1) To plan IT developments that support business plans and strategies, and have a realistic appreciation of how IT resources are acquired and deployed. (2) To explore the ways in which hardware and software can be acquired and learn how to make decisions about important IT facilities management issues. (3) To acquire techniques to manage risk, plan and design counter measures to protect an organizational vital information resource. Learning Outcome (1) Able to describe, criticize and select strategic IS planning techniques that are appropriate to a given business scenario. (2) Able to evaluate, plan and communicate IS development plans to produce identified business benefits and formulate a basic strategic IS plan and decide some policies by which it would be carried out. (3) Able to critically discuss the effective use of some techniques of facilities and IT operations management and criticize and apply such measures as may be appropriate to protect the corporate information resource and maintain a secure system. Lecture and tutorial schedule Sessions Lecture 1 Lecture/ tutorial topics Course introduction Introduction to SIM 1. Competing in the Information Age 2. Identifying Competitive Advantages 3. Evaluating Industry Attractiveness 4. Choosing a Business Focus 5. Executing Business Strategies Relevant reading...
Words: 664 - Pages: 3
...The Mifos is management information system (MIS) which is accessible as web-based management for microfinance institutions. Effectively, Mifos “Micro Finance Open Source” provides resource for businesses both nationally and internationally. The system is designed for users assuming they are familiarized with the microfinance system, which assists the poverty level society to get loans based on their ability to pay them back not just with collateral. Some of the many features of the Mifos, functions are for users to view fees, funds, checklists, holidays, and offices in a business. Users can also record the reports of their business progress. Meeting reports can be recorded also through the Mifos system. The Mifos system was designed to be cost effective for businesses. The Mifos has been referred to as the central station for a globalized community. Businesses use the Mifos system is to provide support for their large group settings, attendance for their company and for training purposes. In addition, it supports savings and the lending portfolios; it provides rules, interest rates and a payment plan. It is user friendly with an easy navigation for users. Mifos streamlines the process for data entry, a continuous workflow system, collects a bulk of information for creating loans and the approvals. It is a speedy process for defining and configuring loans and savings limitations. Mifos is also designed for robust security mechanisms, preventing fraud including role base permissions...
Words: 319 - Pages: 2
