Strategy & Information Systems Department, College of Business, Florida State University, 821 Academic Way, Tallahassee, FL 32306-1110 U.S.A. {darmstrong@business.fsu.edu} Nita G. Brooks Computer Information Systems, Jones College of Business, Middle Tennessee State University, MTSU Box 45, Murfreesboro, TN 37132 U.S.A. {nita.brooks@mtsu.edu} Cynthia K. Riemenschneider Management Information Systems Department, Hankamer School of Business, Baylor University, 1 Bear Place #98005, Waco, TX
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LEARNING OUTCOMES Q.1 Describe the information age and the differences among data, information, business Intelligence and knowledge. Ans: We currently live in an information age where massive amounts of information and facts are available to anyone who knows how a computer works. The information age has four fundamental rules to work which are data, information, business intelligence and knowledge. The difference among these are that firstly data, which to put into simple words is the
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exchanges--automating the process. Does PetroMan provide Western Petro with a competitive advantage? Explain. Competitive advantage is defined as the strategic advantage one business entity has over its rival entities within its competitive industry. Achieving Competitive Advantage strengthens and positions a business better within the business environment The company operates on a razor-thin profit margin, so controlling purchasing costs determines profitability. Costs are controlled by using an industry-specific
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SYLLABUS – UNDERGRADUATE Course Title: Management Information System Semester: Spring 2012 Instructor: Professor Tang Qingquan Sun Yat-Sen Business School, SYSU Part 1: Course/Faculty Information |Course Title & Code |Management Information System | |Class schedule |2012.9----2013.1
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other digital firms are investing in to bring their organization to the forefront. Like most digital firms, a healthcare organization can make use of having large amounts of data available and these organizations can use this data to help with many business decisions directly related to care management. Today, healthcare organizations are using one of the evolving concepts of cloud technology to bring information to the fingertips of the patient so they can participate more actively in managing their
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Chapter 2 True-False Questions | |Operational management is responsible for directing the day-to-day operations of the business and therefore needs | | |transaction-level information. | | | | | |Answer:
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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
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Decision Support Systems and Management Information Systems including some of its common applications. Contents: Introduction of I.T. and fundamentals Strategic Information Systems for competitive advantage. Porters five forces model, Value chain model Introduction to Computer Networks Transaction Processing, Functional applications, CRM and integration Concepts of Supply Chain Management and Enterprise Resource Planning Microsoft Excel RDBMS and Data warehousing, Decisions
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case? Identify and describe the business processes each supports. Describe the inputs, processes, and outputs of these systems. There are three kinds of systems are described in this case. They are the Transaction Processing System (TPS), the Management Information System (MIS), and the Decision Support System (DSS). The Transaction Processing System (TPS) is a computerized system that performs and records the daily routine transactions necessary to conduct business. It is the sales order entry or
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collecting data about it called transaction processing, so transaction processing is collecting, storing, modifying, and retrieving the transactions of an organization. Transaction system is important to answer routine questions, and it helps to conduct business such as payroll, employee record keeping or paying an employee. It's important to store the data of the transaction save and protected because transaction generally involves an exchange of money which is critical to any organization. How Transaction
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