Free Essay

Management Information System

In:

Submitted By ksiom
Words 2137
Pages 9
* How the Internet works * Packet-switching technology
Actual data transmission takes place sporadically, rather than continuously. Data to be transmitted is divided into small packets of information and labeled to identify the sender and recipient. These are sent over a network and then reassembled at their destination. If any packet did not arrive or was not intact, original sender requested to resend the packet. -> This enables millions to transmit data at the same time. * Understand the importance of standards (protocols) * What problems are and tasks are involved in networks and why are standards important for networks to run?
Computers and applications of different kinds need to use the same network. Packets could get altered/lost/out of sequence. Many computers send packets simultaneously. There are lots of different destinations, routes, and sometimes some of them ‘close down’. * Bandwidth
Bandwidth is transmission capacity of a computer or communications channel, measured in bits per second (bps). * TCP/IP protocol and layered standards of the Internet * Application layer, network layer (TCP/IP)
Applications layer (e.g. HTTP, FTP) specifies how application programs communicate.
Network layer (e.g. TCP/IP) consists of transport layer and internet layer. Transport layer (TCP) breaks, reassembles messages into packets. Internet layer (IP) specifies the address a packet is headed to. * Internet addressing and architecture: means to finding stuff * Describe the major parts of a URL and implications of URLs and domain names
URL (Uniform Resource Locator) is means of identifying files on the web. “Application transfer protocol://host name.domain name.top-level domain/path/file”
Domain name is the unique name assigned to an IP address. * Describe how DNS works
DNS is a distributed database of Internet names, hierarchical system of nameservers that maps host-domain name combinations to IP addresses. DNS servers convert Internet names to IP addresses. * How the World Wide Web works
The browser breaks the URL in to parts (protocol, server name and file name) -> The browser communicates with a DNS to translate the server name in to an IP address -> Given the IP, the browser forms a connection to the server -> Following the HTTP protocol, the browser sends a (GET) request to the server and asks for the file -> The server then sends the HTML text for the web page to the browser. The browser reads the HTML tags and formats the page onto your screen * Client server architecture
A network in which one or more computers are servers and provide services to the other computers which are called clients * Role of routers in networking – fault tolerance, decentralization etc.
Routers are computing devices that connect networks and exchange data between them, typically connected with more than one outbound path, so that in case one path becomes unavailable, an alternate path can be used.
Decentralization, fault tolerance, and redundancy keep the network open and reliable. * UDP, VoIP, 3G, 4G
User Datagram Protocol (UDP) works as a TCP stand-in speed is needed and quality has to be sacrificed.
VoIP allows voice and phone systems to become and application traveling over the internet.
3G – GSM/CDMA – GSM is the most used around the world. CDMA is limited by its inability to support voice and data communication at the same time
4G – LTE/WiMax – 4G offers them option of entering mobile phone business and offer a wider range of services. If speeds of 4G networks increase, more users could switch from cable, DSL and fiber to wireless internet access * Last-mile problem
Though the internet backbone is very fast, a system’s speed is determined by its slowest component or the last mile. * Net Neutrality issues
Net neutrality is the principle that all internet traffic should be treated equally.
Internet firms say it is vital to maintain the openness of the internet.
Telecommunications firms say they should be able to limit access to services that overtax their networks * How search engines work
Gather the contents of all web pages (using a program called a crawler or spider or robot) -> Organize the contents of the pages in a way that allows efficient retrieval (indexing) -> takes in a query, determine which pages match, and show the results (ranking and display of results) * How Google’s PageRank works
‘Important pages are pointed by other important pages’
Each link from one page to another is counted as a ‘vote’ for the destination page. But the importance of the starting page also influences the importance of the destination page. And those pages scores, in turn, depend on those linking to them. Pagerank places more importance to votes that come from pages with large number of votes (and so on, and so on) * Briefly describe what the following terms/concepts mean: keyword, crawler
Keyword: search query
Crawler: a program which gathers the contents of web pages * History of Search revolution and the Impact of search on Business – importance of ranking on business * How did Google create a business model based on its superior search algorithm? (keywords -> Adwords program) (compared to earlier monetization based on banner ads)
Advertisers bid on specific keywords. Ads are displayed where targeted visitors will find them * New businesses: search engine optimization
Techniques to improve organic search results. Get pages into search index. Choose the right keywords to target. Optimize your content.
Needed search marketing consultants, content and technology changes, and paid inclusion. * Privacy issues on web and search * Cookies for customer profiling and targeting
By serving and tracking cookies in ads shown across partner sites, ad networks can build detailed browsing profiles that include site visited, specific pages viewed, duration of visit, the types of ads you’ve seen and responded to. * How cookies work
A cookie stores a small string of characters -> A web site asks your browser to set a cookie -> Whenever you return to that site your browser sends the cookie back automatically * Describe how the problems of managing data resources in a traditional file environment (each department managing their own data files) are solved by a database management system
The use of a traditional approach to file processing encourages each functional area in a corporation to develop specialized applications and files. Each application requires a unique data file that is likely to be a subset of the master file. These subsets of the master file lead to data redundancy and inconsistency, processing inflexibility, and wasted storage resources.
Database management systems interfaces between application programs and physical data files, separates logical and physical views of data, and solves problems of traditional file environment (controls redundancy, eliminates inconsistency, uncouples programs and data, enables to central manage data and data security) * List and describe the key characteristics of a relational database
Relational databases are a series of logically related tow-dimensional tables or files for storing information.
Relational databases are composed of two parts: Information (stored in a series of two-dimensional tables, files, or relations), Logical structure of the information (data dictionary) * Data Hierarchy, primary key, foreign key, entity, relation, integrity constraints, Entity-relationship diagram
Data hierarchy: Bit (0, 1)-Byte (a, b)-Field (Kim)-Record (Kim, 2008130XXX, Male)-File (Students File)-Database (Students File, Course File, Financial File)
Primary key: Field (or group of fields) that uniquely describes each record
Foreign key: primary key of one file that appears in another file
Entity: Person, place, thing on which we store information
Relation: =table =file. Group of records of same type
Integrity constraints: rules that help ensure the quality of information (data dictionary, foreign keys must found as primary keys in another file …)
Entity-relationship diagram: Used by database designers to document the model, Illustrates the relationships between entities * Describe the capabilities and value of a database management system

* Apply important database design principles * Explain the general purpose of normalization and three types of anomalies with unnormalized data
Normalization is a technique used to make complex databases more efficient by removing undesirable redundancy.
Three types of anomalies: Insertion anomaly, Deletion anomaly, Update anomaly * Getting information from databases * How to access the stored data to retrieve relevant information using SQL queries
Query is a question asked to a database, resulting in a virtual table as an answer.
SELECT name FROM student WHERE major=”BUSS” * Creating aggregated ‘views’ of the data * Relational algebra
SELECT creates subset of data of all records that meet stated criteria
JOIN combines relational tables to provide user with more information than available in individual tables
PROJECT creates subset of columns in table, creating tables with only the information specified * Evaluate tools and technologies for accessing information from databases to improve business performance and decision making by generating business intelligence * Data warehouse, data mart, OLAP (online analytical processing), transactional versus analytical systems
Data warehouse stores current and historical data from many core operational transaction systems. Consolidates and standardizes information for use across enterprise, but data cannot be altered. Data warehouse system will provide query, analysis, and reporting tools
Data marts are subset of data warehouse. Summarized or highly focused portion of firm’s data for use by specific population of users. Typically focuses on single subject or line of business. * Decision support system for supporting unstructured and semi-structured decisions * Model-driven vs. data-driven
Model-driven DSS – Earliest DSS, optimize profit
Data-driven DSS – Some contemporary DSS, Use OLAP and data mining to analyze large pools of data * Pivot table
Enables you to group and summarize information. Helps you quickly aggregate or summarize information by dimension. Displays 2 or more dimensions in a convenient format * What is data mining? Why is it important?
Data mining is a process for using information technology to extract useful knowledge from large bodies of data.
By using data mining, it is able to address issues in several key areas including customer segmentation, marketing and promotion targeting, collaborative filtering, and so on. * Compare and Contrast the different data mining techniques * Supervised vs. Unsupervised data mining
Supervised data mining (a) is based on a well-defined target variable and (b) the training data include labels for the target variable
Unsupervised data mining applies when one can’t satisfy (a) or (b) or both. * Supervised Data mining: Decision Trees
Data mining where goal is to find a relationship between a set of independent attributes and a predefined dependent attribute-the target * Unsupervised data mining: Association rules
If antecedent -> consequent * What is web 2.0?
New web environment after the crash * Social software (e.g., Blog, wiki, social networks, microblog, social bookmarking), RSS, API, Mashup
Applications that allow individuals to communicate with one another, and to track discussions across the web as they happen /Broad term used to describe software-based tools that facilitate interaction and collaboration / Connects people together intellectually and makes it possible to share and evolve ideas
RSS is a format for distributing content, mechanism for syndication of web content. RSS feeds allow you to see when new content is added to different sites, as soon as it is published, without you having to visit the websites you have taken the feed from.
API is a combining different applications and data sources. Users can easily innovate in developing new applications. It enables other developers to leverage and connect to your application and services (allows open connections to anybody)
Mashup is creating applications/services that combine data and/or functions from multiple sources * Common technical features of social software (SLATES)
Search, Links, Authoring, Tags, Extensions, Signals * Benefit of platform over channels of communication
Make visible the practices and output of knowledge workers * Crowdsourcing and open business models
Crowdsourcing is the act of taking a job traditionally performed by a designated agent and outsourcing it to an undefined generally large network of people in the form of an open call.
Threadless for T-shirts, InnoCentive for scientific R&D, TopCoder for programming tasks, Amazon’s Mechanical Turk for general work * Prediction markets and wisdom of crowds
Prediction market: Polling a diverse crowd and aggregating opinions in order to form a forecast of an eventual outcome
Wisdom of crowds: The idea that a group of individuals (the crowd), often consisting of untrained amateurs, will collectively have more insight than a single or small group of trained professionals * What was the significance of Google compared to the earlier search engines/portals in terms of their business models?
Google was the pioneer in turning search into a business. The idea of internet search was perceived as technical and part of portal services. But Google has demonstrated that search engines can be used as a business strategy and marketing tool. * What is data mining? Why is it important?
Data mining is a process for using information technology to extract useful knowledge from large bodies of data.
By using data mining, it is able to address issues in several key areas including customer segmentation, marketing and promotion targeting, collaborative filtering, and so on.

Similar Documents

Premium Essay

Management Information System

...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

Premium Essay

Management Information System

...of the Currency Administrator of National Banks Management Information Systems Comptroller’s Handbook May 1995 Management M Management Information Systems Introduction Background Risks Associated with MIS Assessing Vulnerability to MIS Risk Achieving Sound MIS MIS Reviews Examination Objectives Examination Procedures Internal Control Questionnaire Purpose MIS Policies or Practices MIS Development User Training and Instructions Communication Audit Conclusion Verification Procedures Table of Contents 1 1 3 4 5 6 9 10 17 17 17 18 19 20 20 21 22 Comptroller's Handbook i Management Information Systems Management Information Systems Background Introduction A management information system (MIS) is a system or process that provides the information necessary to manage an organization effectively. MIS and the information it generates are generally considered essential components of prudent and reasonable business decisions. The importance of maintaining a consistent approach to the development, use, and review of MIS systems within the institution must be an ongoing concern of both bank management and OCC examiners. MIS should have a clearly defined framework of guidelines, policies or practices, standards, and procedures for the organization. These should be followed throughout the institution in the development, maintenance, and use of all MIS. MIS is viewed and used at many levels by management. It should be supportive of the institution's longer...

Words: 5493 - Pages: 22

Premium Essay

Management Information Systems

...Management Infotmation System INTRODUCTION OF AIR ASIA [pic] Air Asia is one of the Malaysian Airline, as the second Malaysian National Airline, Air Asia was born in 1993 and started operations on 18 November 1996. It was originally founded by a government-owned conglomerate DRB-Hicom. On 2 December 2001, the heavily-indebted airline was purchased by former Time Warner executive Tony Fernandes's company Tune Air Sdn Bhd for the token sum of one ringgit. Normally low-costs Airline has a lot of differences with traditional Airline. These differences such as ticketless travel, online ticket booking & pay, no international offices, no free food and beverages, use second city airports. These doesn’t make Air Asia hard to survive in Airline industry, whereas became the features of Air Asia. By using a simple but strong slogan “Now Everyone Can Fly”, Air Asia become a successful company in Airline industry. Now in this era Air Asia is one of the succeed low-costs Airline company in the world. Nowadays, Air Asia has put their investment to other areas. Air Asia is not only focus on Airline industry. Tune hotel is one of the good examples. Air Asia boasted total assets worth RM9.52billion in 2008, is the one of growing rapidly company in Malaysia. Nowadays, people use computer to let their life easier. Management information system is systems that use hardware, software, people, procedures and data to help companies work more efficiency. It included...

Words: 319 - Pages: 2

Premium Essay

Management Information Systems

...Management Information Systems Unit 5 IP Your name here American Intercontinental University Abstract Management information systems (MIS) is the actual study of technology, people, organizations and the relationships between them. MIS professionals help organizations to discover their maximum benefit from investment through employees, equipment and business processes. . A management information system is a computer-based system that provides the information necessary to manage an organization effectively and should be designed to enhance communication to reach an organization’s strategic goals and directions. Information technology is more than just computers. Advantages of MIS systems are better planning and to help with business decision making. A major disadvantage is constant monitoring. Over the years management information systems have changed the dynamics of running businesses efficiently. One of the biggest advantages is decentralization. Decentralization allows monitoring of operations at low levels, which free up resources so that department managers can dedicate time to strategic activities. In cases such as this, managers can see what exactly the problem is in all departments. Another advantage of MIS is that it minimizes information overload, since that is very common with conventional businesses in the modern era. The way MIS is designed, it ensures better planning and ways to measure performance, manage resources and facilitate compliance...

Words: 705 - Pages: 3

Premium Essay

Management Information System

...Class Lectures of Management Information Systems (MGT: 305) Introduction: System: System means interrelated set of elements. MIS: Management Information System means managing information resources in a systematic way. Chapter: 01 (Managing the Digital Firm) Q#01: Management challenges while building an information system: 1. 2. 3. 4. 5. Designing competitive and efficient system Understanding system requirements of global business environment Creating information architecture Determining business value of information system Designing system in such a way so that people can control, understand and use in a socially ethically responsible manner. Q#02: What is an information system? An information system is a set of interrelated components that collects, process, stores and distribute information to support decision making, coordination and control in an organization. In addition to supporting decision making, coordination and control information system may also help managers and workers analyzing problems, visualizing complex subjects and creating new products. Core Functions of Information System: INPUT PROCESS OUTPUT FEEDDBACK 1. Inputting 2. Processing a) Classify b) Arrange c) Calculate 3. Outputting 4. Feedback Q#03. What are the changes that occurred in the business world in the recent past? 1. Globalization 2. Industrial economies 3. Transformation of the enterprises 01.Globalization: Globalization is the...

Words: 2113 - Pages: 9

Premium Essay

Management Information System

...Chapter 1 Information Systems in Global Business Today True-False Questions 1. Internet advertising is growing at a rate of more than 30 percent a year. Answer: True 2. Difficulty: Hard Reference: p. 6 A business model describes how a company produces, delivers, and sells a product or service to create wealth. Answer: True Difficulty: Easy Reference: p. 11 3. Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consist of all the software and business processes needed. Answer: False Difficulty: Medium Reference: pp. 13–14 4. Computers are only part of an information system. Answer: True Difficulty: Easy Reference: p. 16 5. Information systems literacy describes the behavioral approach to information systems, whereas computer literacy describes the technical approach. Answer: False Difficulty: Easy Reference: p. 16 6. The dimensions of information systems are management, organizations, and information technology. Answer: True Difficulty: Easy Reference: p. 16 7. In order to understand how a specific business firm uses information systems, you need to know something about the hierarchy and culture of the company. Answer: True Difficulty: Easy Reference: pp. 17–18 8. Developing a new product, fulfilling an order, or hiring a new employee are examples of business processes. Answer: True Difficulty: Easy Reference: p. 7 1 9. Business...

Words: 4161 - Pages: 17

Premium Essay

Management Information Systems

...4050 Management Information Systems(3) Home Assignment Two Submitted to Dr. Uchenna EZE From: Major:Management of Human Resource ID Number:1231500046 Name:Yang Jingmiao/Jasmine Date: 2015/04/16 Management Decision Problem: P145 Macy’s Inc. new strategy is to tailor merchandise more to local tastes. From this aspect, Macy’s management can make use of information system to achieve its strategy since information technology plays a critical role in helping organizations perceive environmental change and in helping organizations act on their environment and information systems as the “lens” of the firm, observing external factors and filtering information back in to the firm. First, in the economic impacts, IT affects the cost and quality of information and changes economics of information. Thus, information system helps Macy’s Inc., contract in size because it can reduce transaction costs, which are the cost of participating in markets. In addition, IT also can reduce internal management costs, since Macy operates approximately 800 department stores in US and it also should do a totally new change in its local tastes in each individual stores, which also require a greater number of employees and then the overall management costs also increase. Therefore, IT, by reducing the costs of acquiring and analyzing information, permits Macy to reduce agency costs. Second, the Internet increases the accessibility, storage, and distribution of information and knowledge...

Words: 771 - Pages: 4

Premium Essay

Management Information System

...LQUESTION Describe the strategic role of information in an organization. INFORMATION This script purposely focuses attention on the definition of information, its characteristics, classification, functions and the strategic role it plays in an organization. Information is a data that is accurate and timely, specific and organized for a purpose, presented within a context that gives it meaning and relevance and can lead to an increase in understanding and decrease in uncertainty. The functions and importance of information to an organization cannot be overemphasized. According to Davis and Olson: “Information is a data that has been processed into a form that is meaningful to recipient and is of real or perceived value in the current or the prospective action or decision of recipient.” Information is also described as data that has been processed in some manner into a form that is both usable and meaningful to the end user. Information therefore is data that has been processed, organized, structured or presented in a given context so as to make them useful. The value of information lies solely in its ability to affect a behavior, decision or outcome. A piece of information is considered valueless if, after receiving it, decisions that information is supposed to influence remain unchanged. Information is a most critical resource of the organization. Managing the information means managing future. Information is knowledge that one derives from facts placed in the right...

Words: 2218 - Pages: 9

Premium Essay

Management Information Systems

...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

Premium Essay

Management Information System

...Management Information Systems is the study of people, technology, organizations and the relationships among them. Today we use information systems at all levels of operation to collect, process and store data. Management aggregates and disseminates this data in the form of information needed to carry out the daily operations of a business. Everyone who works in any business, from someone who pays the bills to the person who makes employment decisions, uses information systems. A car dealership could use a computer database to keep track of which products sell best. A retail store might use a computer-based information system to sell products over the Internet. In fact, many businesses concentrate on the alignment of MIS with business goals to achieve competitive advantage over other businesses. MIS professionals create information systems for data management; examples include storing, searching and analyzing data. In addition, they manage various information systems to meet the needs of managers, staff and customers. Microsoft would be considered a MIS. For example, our textbook might have been created using Word. First, an author writes the content; other contributors and editors change, format, and edit the content, and then the content from a specific chapter can be integrated into the larger work. In this sense, Word is an effective tool in a management information system because it is facilitating the way a business operates. Think of the time and effort saved because...

Words: 251 - Pages: 2

Premium Essay

Management Information System

...MANAGEMENT INFORMATION SYSTEM TO HELP MANAGERS FOR PROVIDING DECISION MAKING IN AN ORGANIZATION 1G.SATYANARAYANA REDDY, 2RALLABANDI SRINIVASU, 3SRIKANTH REDDY RIKKULA, 4VUDA SREENIVASA RAO 1Professor & HOD-MBA in CMR College of Information Technology, Hyderabad, India 2Professor & Director –PG Studies. St. Mary’s Group of Institutions, Hyderabad, India. 3Associate Professor, MCA Dept. St.Mary’s College of Engg. & Technology, Hyderabad ,India. 4Professor & Head CSE, IT Dept. St.Mary’s College of Engg. & Technology, Hyderabad ,India. E-mail: satya3831@yahoo.com, rsrinivasusas@gmail.com, rikkula@gmail.com, vudasrinivasarao@gmail.com ABSTRACT 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. MIS is a subset of the overall planning and control activities covering the application of humans, technologies, and procedures of the organization. . The information system is the mechanism to ensure that information is available to the managers in the form they want it and when they need...

Words: 344 - Pages: 2

Premium Essay

Management Information System

...by Barbara J. Ellestad Chapter 1 Business Information Systems in Your Career Computers continue to change every aspect of our lives from entertainment to shopping, from the work we do and where we do it, to how we communicate with friends, relatives, and business associates. As you can see from the opening vignette in the text, many businesses are remodeling their products and services to take advantage of expanded channel outlets such as the Internet, cell phones, and even iPod devices. This chapter gives you an overview of many of the subjects we’ll touch on in this course. It will help you understand how information technology is being used by many businesses worldwide to increase efficiency, save money, and create better relationships with suppliers and customers. 1.1 The Role of Information Systems in Business Today Ask managers to describe their most important resources and they’ll list money, equipment, materials, and people—not necessarily in that order. It’s very unusual for managers to consider information an important resource, and yet it is. As electronic business and electronic commerce grow in popularity and more firms digitize their operations, having useful information is becoming even more important to the global business community. This chapter will begin to explain why you need to manage your information resources as closely as any other in your organization. How Information Systems Are Transforming Business The next time you’re...

Words: 4875 - Pages: 20

Premium Essay

Management Information Systems

...Chapter 2 E-Business: How Businesses Use Information Systems 2.1 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 2 E-Business: How Businesses Use Information Systems STUDENT LEARNING OBJECTIVES • What are the major features of a business that are important for understanding the role of information systems? • How do systems serve the various levels of management in a business and how are these systems related? 2.2 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 2 E-Business: How Businesses Use Information Systems STUDENT LEARNING OBJECTIVES • How do enterprise applications and intranets improve organizational performance? • Why are systems for collaboration and teamwork so important and what technologies do they use? • What is the role of the information system’s function in a business? 2.3 Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall Essentials of Management Information Systems Chapter 2 E-Business: How Businesses Use Information Systems The Tata Nano Makes History with Digital Manufacturing • Problem: creating a car that costs $2,500 without sacrificing safety or value • Solutions: implement digital manufacturing that automates processes in product design and production engineering planning 2.4 Copyright © 2011 Pearson Education, Inc. publishing as Prentice...

Words: 3051 - Pages: 13

Premium Essay

Management Information System

...and analyze the information requirements of an organization operating in a competitive global environment. This in turn will require an 2. in depth understanding of the decision making at each of the managerial levels and thereby, 3. Help appreciate the critical relationship between the Business strategies, IS strategy and the IT strategy in an organization. 4. Recommend Information Systems at each level of decision making, justify how these Information Systems would benefit the organization. 5. This assignment also helps the student examine the latent ethical issues of information systems. Assignment brief: Consider a successful Business organization in the UK or in a country of your choice. For this organization, you are required to do the following- 1. Analyze the goals and objectives using the mission statement as the basis. 2. Critically evaluate the strengths and weaknesses, taking into consideration all the environmental factors. 3. Evaluate the strategic model of the organization and identify at least four key performance indicators for the organization. 4. To measure the key performance indicators selected in (3), identify the information requirements for the key decisions at the various managerial decision making levels. 5. After mapping the information requirements to the key decisions and the managerial levels, recommend information systems, which would give a competitive edge to this organization. You may also include information systems that enhance the...

Words: 411 - Pages: 2

Premium Essay

Management Information Systems

...Management 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...

Words: 579 - Pages: 3