...Management Information System Functions and Network Planning in Grameen Phone Course Title: Management Information System Submitted to: Ameen Nawaz Department of Computer Science American International University, Bangladesh Acknowledgement It is our refreshment stand to thank Mr. Nawaz Ameen, our course instructor of the course Management Information System, in American international University for giving us the opportunity to practically exposure through this report. In this regard, we would also like to thank all of our team members for their hard working .supreme spirit and inspiration. As we are the students of BBA program so it’s very much important for us to know about the practical use of MIS Application under diverse situation of an organization. So, lastly we would again like to express our heartfelt thanks to our honorable teacher for providing us the opportunity to apply and connect our classroom learning with a practical situation. Management Information System Functions As we know Management Information System (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service or a business-wide strategy. Management Information Systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational...
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...concerned with the proposed system. This is with an idea of suggesting the best methods of information management through the use of data warehouse concepts for the proposed Greenville School Hostel Management System. The result of literature review gives us information with regard to the research done on the topic by others researchers. Result of this review will be the gaps that are found in the existing works and the good features that can be suggested for the proposed system. A data warehouse is projected in a way that data can be stored and accessed and is not restricted only to tables and relational lines. (Fink, 1998) As the data warehouse is separated from operational databases, user’s queries do not cause any impact in these systems. Data warehouse is protected from any non-authorized alteration or loss of data. Data warehouse contemplates the base and the resources needed for a Decision Support System (DSS), supplying historic and integrated data. These data are for top managers, decision makers, and partners, donors – who need brief, summarized and integrated information – and for low-level managers, for whom detailed data helps to observe some tactical aspects of the organization. In this way, data warehouse provides a specialized. For a centralized database oracle will be used for storing details of data being brought from different hostel location of the organization and saved into single database using oracle database management system. (BI / DW Insider, 2011) ...
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...Information Systems Management Information Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization. Modern businesses have been leveraging on MIS to manage, order, organize and manipulate the gigabytes and masses of information generated for various purposes. MIS helps businesses optimize business processes, address information needs of employees and various stakeholders and take informed strategic decisions. The development and management of information technology tools assists executives and the general workforce in performing any tasks related to the processing of information. MIS and business systems are especially useful in the collation of business data and the production of reports to be used as tools for decision making. With computers being as important and widely used as they are today, there's hardly any large business that does not rely extensively on their IT systems. However, there are several specific fields in which MIS has become invaluable like in decision support systems, resource and people management applications, Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM), project management and database retrieval applications. While computers cannot create business strategies by themselves they can assist management in understanding the effects of their strategies, and help enable effective decision-making. MIS systems can be...
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...financial accounting systems report performance fairly and factually? Financial accounting systems are responsible for recording, monitoring and maintaining all financial and accounting transactions within an organization. It is crucial that financial accounting systems report performance fairly and factually because the information within the system is required for the organization to make good economic decisions that could make or break the entire business. The reports that are created by financial accounting systems are used to provide information to outside parties such as tax experts, creditors, and/or potential investors. Inaccurate financial reports can lead an organization to experience legal issues, financial fraud, and can cause a bad reputation for the overall organization. In order to maintain and grow a profitable business, organizations must rely on fair and factual financial reports. Financial accounting systems must also report performance fairly and factually to ensure that the organization is performing and operating properly. An inaccurate financial report, for example, can cause an organization to make an economic decision that the organization may not be able to afford to do. In a health care organization, financial reports must also be accurate to avoid errors in medical billing that can lead the organization to lawsuits and major financial losses. Financial reports that are not created fairly and factually mean that the reports are considered false...
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...CHAPTER 1: INTRODUCTION 1.1: Origin of the paper This report has been prepared to make a study on the “Management Information System of City Bank Ltd” as a part of the fulfillment of report, required for the completion of the course BUS304: Management Information System and Ecommerce of the Business Administration of University of Liberal Arts Bangladesh. The report was prepared under the supervision of Dominic S. S. V. Bennett, course instructor of Management Information System and Ecommerce, University of Liberal Arts Bangladesh. The report was prepared by a group, consisting the member, Sekh Shahnuma Sharmin ID: 112011009, Jenia Sultana Jenny ID: 112011014, Ummay Hani Tanija ID: 112011012 and Shahela Parvin ID: 112011017. The group is thankful to Mr. Dominic S. S. V. Bennett for giving the opportunity to be assigned on such type of topic. 1.2: Objective The main purpose of the report is to understand the Management Information System of City Bank Ltd. In broad sense the objectives to be covered under this report are: * To know about how MIS work in City Bank Ltd. * To know about how the Bank take decision with the help of MIS * To know about the security of the MIS * To make recommendations for improving the MIS n City Bank Ltd. 1.3: Scope of the paper The scope of this report was strictly confined to the official website &contact with particular employee of City Bank Ltd. To collect the information work has been done on the MIS and HR section...
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...Managerial accounting are used for making sound financial decisions about an organization. They provide information of past quantitative financial activities and are useful in making future economic decisions. (Albrecht, Stice, Stice, & Skousen, 2002) The same financial data is used to derive reports for each accounting process yet they differ in some ways. Financial accounting primarily provides external reports for external users such as stock holders, creditors, regulating authority and others. (Garrison, Noreen, & Brewer, 2010) On the other hand Managerial accounting is concern with providing information that deals with the internal viability of the organization and is tailored to meet the needs of an individual organization. (Albrecht, Stice, Stice, & Skousen, 2002) Managerial Accounting addresses those aspects that relates to an individual organization return on investments (ROI). (Albrecht, Stice, Stice, & Skousen, 2002) A company’s profitability depends on periodic attention to its assets turnover and profit margin. This process is designed to support the de... ... middle of paper ... ...egulator or auditor is going to insist that a company implement a good management accounting system. (Garrison, Noreen, & Brewer, 2010) The choice of how to collect and utilize information in a company is strictly management’s decision and is a part of the company’s competitive strategy. Financial and Managerial accounting are used for making sound financial decisions about...
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...MANAGEMENT INFORMATION SYSTEM 1. INTRODUCTION Management Information System (MIS) provides information for the managerial activities in an organization. The main purpose of this research is, MIS provides accurate and timely information necessary to facilitate the decision-making process and enable the organizations planning, control, and operational functions to be carried out effectively. Management Information System (MIS) is basically concerned with processing data into information and is then communicated to the various Departments in an organization for appropriate decision-making. 2. SCOPE OF STUDY the term "MIS" arose to describe such applications providing managers with information about sales, inventories, and other data that would help in managing the enterprise. Today, the term is used broadly in a number of contexts and includes decision support systems, resource and people management.. 3. WHAT IS MIS? 1) Right Information 2) To the right person 3) At the right place 4) At the right time 5) In the right form 6) At the right cost 4. Characteristics of a Management Information System 1) Provides reports with fixed and standard formats - Hard-copy and soft-copy reports 2) Uses internal data stored in the computer system 3) End users can develop custom reports 4) Requires formal requests from users 5. THE MIS DEFINITION 1) the MIS is defined as an integrated system of man and machine for providing the information to support the operations, the management...
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...things. First, the study of AIS, is our broad view, while the accounting information system itself, is our narrow view of an AIS. Second, you shouldn’t assign any meaning to the placements of the elements in figure 1.1. The figure just tells you that there are ten elements. 1. Business Operations: An AIS operates in concert with business operations. Many AIS inputs are prepared by operating departments, the action or work centers of the organization; and many AIS outputs are used to manage these operations. Therefore, we must analyze and manage an AIS in light of the work being performed by the organization. For example, to advise his management and to prepare reports for management decision making, a management accountant must understand his organization’s business. In our scenarios, Jill had to understand corporate takeovers to prepare the relevant analysis. 2. Transaction Processing: An organization Processes Transactions, such as sales and purchase; these Transactions mirror and monitor and business operations. these Transactions have operational, management information system(MIS), and AIS aspects. To design and use the MIS and the AIS, an accountant must know what the Transactions are how they are processed, and how each transaction is recorded. For example, Jill used data collected for fixed asset transactions as input for the analysis she performed. 3. Management Decision Making: Both our CPA and Jill knew the decision models appropriate...
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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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...1. INTRODUCTION TO MANAGEMENT INFORMATION SYSTEM Course Objectives: In any organization, small or big, a major portion of the time goes in data collection, processing, documenting and communicating it to the people. Hence, a major portion of the overheads go into this kind of unproductive work in the organization. Every individual in an organization is continuously looking for some information which is needed to perform his/her task. Hence, the information is people-oriented and it varies with the nature of the people in the organizationwhich is outlined in this courses. Benefits: * Management Information Systems - Concept * Management Process * Information Concepts * Development of Plans of the MIS * Database and Enterprise Management Systems INTRODUCTION TO MANAGEMENT INFORMATION SYSTEMS Management Information Systems - Concept The concept of the MIS has evolved over a period of time comprising many different facets of the organizational functions. MIS is necessity of all the organizations. The initial concept of MIS was to process data from the organization and present it in the form of reports as regular intervals. The system was largely capable of handling the data from collection to processing. It was more impersonal, requiring each individual to pick and choose the processed data and use it for his requirements. This concept was further modified when a distinction was made between data and information. The information is a product...
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...TYPES OF INFORMATION SYSTEMS An information system is a collection of hardware, software, data, people and procedures that are designed to generate information that supports the day-to-day, short-range, and long-range activities of users in an organization. Information systems generally are classified into five categories: office information systems, transaction processing systems, management information systems, decision support systems, and expert systems. The following sections present each of these information systems. 1. Office Information Systems An office information system, or OIS (pronounced oh-eye-ess), is an information system that uses hardware, software and networks to enhance work flow and facilitate communications among employees. Win an office information system, also described as office automation; employees perform tasks electronically using computers and other electronic devices, instead of manually. With an office information system, for example, a registration department might post the class schedule on the Internet and e-mail students when the schedule is updated. In a manual system, the registration department would photocopy the schedule and mail it to each student’s house. An office information system supports a range of business office activities such as creating and distributing graphics and/or documents, sending messages, scheduling, and accounting. All levels of users from executive management to nonmanagement employees utilize...
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...the organisations needed more and more information about their employees, there is a need to use the computer-based management information system that getting data and information of the employees to be assessed. In this case, the state-of-art system was introduced and implemented to the organisations. According to Raymond (1998), the status of personnel data was becoming more important due to the development of government laws and regulations through the Equal Employment Opportunity (EEO), Affirmative Action Program (AAP), and Occupational Health and Safety Administration (OHS). Because of these organisation needed to provide the reports showing that the personnel practices complied with the laws. Thus, there is a need to use the computer-based system to provide accurate information effectively and efficiently to the national government with statistics or data that are readable. All organisations need to keep records about their personnel, for instance, to comply with taxation requirements, for use in emergencies and as the basis for making decisions about the work their personnel perform. These organisations have a human resources function that handles the personnel’s records. The ideal system that is used in managing the personnel is called the Human Resource Information System (HRIS). A HRIS is the system used to acquire, store, mainpulate, analyse, retrieve, and distribute...
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...A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectively. Management information systems are typically computer systems used for managing five primary components: 1.) Hardware, 2.) Software, 3.) Data (information for decision making), 4.) Procedures (design, development and documentation), and 5.) People (individuals, groups, or organizations). Management information systems are distinct from other information systems, in that they are used to analyze and facilitate strategic and operational activities. 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. Management Information Systems (MIS) is the study of people, technology, organizations and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel, equipment, and business processes. MIS is a people-oriented field with an emphasis on service...
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...—Supports operational processing * —Sales orders, accounts receivable, etc * —Supported by operational databases & DBMSs * •Online analytical processing (OLAP) manipulation of information to support decision making * —Helps build business intelligence * —Supported by data warehouses and data-mining tools RELATIONAL DATABASE MODEL: Database – collection of information that you organize and access according to the logical structure of the information Relational database – series of logically related two-dimensional tables or files for storing information * —Relation = table = file * —Most popular database model DATABASE- CREATED WITH LOGICAL STRUCTURES Data dictionary – contains the logical structure for the information in a database Primary key – field (or group of fields) that uniquely describes each record Foreign key – primary key of one file that appears in another file Integrity constraints – rules that help ensure the quality of information Data dictionary, for example, defines type of information – numeric, date, and so on Foreign keys – must be found as primary keys in another file * —E.G., a Customer Number in the Order Table must also be present in the Customer Table Database management system (DBMS) helps you specify the logical requirements for a database and access and use the information in a database 5 CONCEPTS OF DBMS 1.DBMS engine 2.Data definition subsystem 3.Data manipulation subsystem 4.Application...
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... | |5 |16-141 |Md. Atiar Rahman | |6 |16-165 |Rashid Muntasir | |7 |16-171 |Md. Zahirul Islam Khan | |8 |16-181 |Gloria Swarna Gomes | Letter of Transmittal May 4, 2010 Samia Sultana Tani Assistant Professor Department of Finance Faculty of Business Studies University of Dhaka Subject: Submission of the Report. Dear Madam, It gives us...
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