Premium Essay

What’s New in Mis

In: Business and Management

Submitted By angell
Words 528
Pages 3
Plenty. A continuing stream of information technology innovations is transforming the traditional business world. What makes the MIS field the most exciting area of study in schools of business is this continuous change in technology, management, and business processes. (Chapter 1 describes these changes in more detail.)
Examples of transforming technologies include the emergence of cloud computing, the growth of a mobile digital business platform based on smartphones, netbook computers, and, not least, the use of social networks by managers to achieve business objectives. Most of these changes have occurred in the last few years. These innovations enable entrepreneurs and innovative traditional firms to create new products and services, develop new business models, and transform the day-to-day conduct of business. In the process, some old businesses, even entire industries, are being destroyed while new businesses are springing up.
For instance, the emergence of online music stores—driven by millions of consumers who prefer iPods and MP3 players—has forever changed the older business model of distributing music on physical devices, such as records and
CDs, and then selling them in retail stores. Say goodbye to your local music store! Streaming Hollywood movies from Netflix is transforming the old model of distributing films through theaters and then through DVD rentals at physical stores. Say goodbye to Blockbuster! The growth of cloud computing, and huge data centers, along with high-speed broadband connections to the home support these business model changes.
E-commerce is back, generating over $255 billion in revenue in 2010 and estimated to grow to over $354 billion by 2014. Amazon's revenue grew 39 percent in the 12-month period ending June 30, 2010, despite the recession, while offline retail grew by 5 percent. E-commerce is changing...

Similar Documents

Premium Essay

What's New in Mis Management

...Do sane people really buy things over the Internet? Absolutely. People use the Internet to buy everything from dog bones to books to groceries, and even to shop for homes and cars. More importantly, their credit cards aren't immediately maxed out, their credit rating isn't destroyed, and their bank accounts aren't raided. Why not? Because shopping online hasn't, thus far, proved to be more dangerous than shopping at a mall. As soon as the World Wide Web soared in popularity and legitimized the Internet for the nontechnical crowd, retailers envisioned the Internet as a marvelous combination of advertising and direct-sales medium. Savvy catalog-retailers focused on the Web to increase existing sales, as L.L. Bean did, offering secure online ordering via their web sites. Others created innovative sales models that took advantage of the Web's accessibility: the creators of realized that a virtual storefront was all they needed. With only a small warehouse, and without an actual bookstore, they could sell books cheaper than the competition. Amazon competes against other big bookstores, but when you're buying books, you have other options. If you're looking for a Hemingway first edition, for example, it may be easier to find the book for sale by an individual seller--a collector in another state, perhaps, who is selling off his collection and advertising on the Internet. The Internet has always been a haven for the esoteric and the strange, and that doesn't......

Words: 1849 - Pages: 8

Free Essay


...What’s My Jungian 16-Type Personality? Sonia Ivette Irizarry Nieves University of Phoenix Management- MGT 521 Dra. Clara I. Segarra-Roman, DBA 16 de diciembre del 2009 What’s My Jungian En lo que pude leer y entender lo que significa el examen What’s My Jungian 16 type personality. Es que este ayuda a tomar decisiones en el área profesional. El por que debería escoger la carrera profesional correcta. En este examen ayuda a identificar cuales son las fortaleza y debilidades de cada persona y con sus personalidad. De acuerdo a las necesidades estas pruebas ayudar al cliente a elegir la mejor carera. El cual identifica también el tipo de personalidad que tiene el individuo. Para este ser adaptados con la carera que el desea tener en su ámbito. Cuando se hace la prueba de What’s my Jungian type personality este da un código el cual indica las preferencias del individuo y habilidades. Es bien importante que el individuo sepa en que es bueno y así también disfrutar lo que usted hace en su área de trabajo. Por eso me di a la tarea de hacer el examen. El cual me hizo preguntas de mi área de trabajo y mis habilidades. Este concluyo en el reporte que el código que yo obtuve fue ENTP. Los resultados que me dio fue que soy una persona Innovadora, individualista, versátiles y espíritu empresarial. Las posibles careras que yo puedo escoger son careras como político, planear estrategias, agente literario, publicista, empresario, corredor de inversiones,......

Words: 556 - Pages: 3

Premium Essay

Social E-Commerce That Xiaomi Uses

...Social E-Commerce That Xiaomi Uses At 22:00 on 8th April, 2014, Xiaomi’s total transaction amount in the latest round of “Mi Fan Festival” came to a halt at 1.5 billion yuan (USD 243.35 million), setting a new domestic record for single-day transaction amount in independent e-commerce companies. 1.3 million smartphones, nearly 4.8 million pieces of accessories, all sold out in 12 hours. Xiaomi’s unique visit of the day hit 15 million. When Lei Jun founded Xiaomi in 2009, the first product was MIUI operating system. Lei Jun didn’t want to spend money on marketing, so his crew began building brand awareness in forums. Their staff spent a lot of time on forums, making comments, sending posts and advertising. And they also searched for senior users in forums and picked out 100 out of 1000 to join their operating system design and feedback. These 100 senior users were the base of MIUI operating system, and they also became the first batch of “Me Fan”, meaning Xiaomi fans. Later, Lei Jun decided to manufacturer smartphone. They used the same method to do marketing with zero budget. They set up MIUI mobile phone forum, which became the base camp of “me fan”. In 2010, MIUI forum already had 1 million registered users. Naturally, the 1 million users became the first “Me Fan” of MIUI smartphone. “Me Fan” participated in product research, development, test, spread, marketing and public relation. Except a variety of online activities, fans also organized offline city gatherings. 42%...

Words: 1185 - Pages: 5

Premium Essay

Management Information System

...PROJECT SUBMITTED BY D.Muthamizh MANAGEMENT INFORMATION SYSTEMS Management information systems (MIS) is the study of people, technology, organizations, and the relationships among them. This definition, given by Mays Business School, relates specifically to MIS as a course of study. In other words, MIS is commonly used in business schools 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. 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 undergraduate, master, and doctoral levels) in MIS. A good definition of MIS in practice has been given in a journal article: "Establishing and Managing Management Information Systems in Developing Countries" by Dr. Chris Prince Udochukwu Njoku. Dr. Njoku gave the comprehensive definition after a critical assessment of many definitions, some of which he cited, and described them as inadequate. MIS professionals help organizations--big, medium and small--realize maximum benefit from investments in personnel, equipment, and business processes. MIS is people-oriented, with an emphasis on service. Although it is today increasingly built on......

Words: 919 - Pages: 4

Premium Essay

Marketing Consultants – They Aren’t What They Used to Be

...Marketing consultants – they aren’t what they used to be November 2011 Contents 1. 2. 3. 4. Bad press, for good reasons? Outside in, not inside out So what’s different? Talk is cheap – but it could be priceless For more information please contact us on: T 0115 968 5005 E Marketing consultants – they aren’t what they used to be 2 1. Bad press, for good reasons? In some quarters, the term ‘consultant’ has become a dirty word — and it is, perhaps, the business or marketing consultant that has received the worst press of all in recent years. There are valid reasons for this, not least the fact that consultants appear when we are struggling to solve a problem for ourselves. Often parachuted in by senior management, employees may perceive the consultant’s arrival as a vote of organisational no confidence in their abilities. Few people would think twice about using a specialist consultant for a medical problem, but this attitude doesn’t always transition into the workplace. Perhaps because businesses don’t need someone coming in and telling them what they already know. In many cases it feels like consultants have come in, stolen your watch, and then told you the time! We can all recount stories of a critical business issue being posed to a team of highly paid consultants who come in, disrupt the workplace for a few weeks, disappear for a couple of months and then return to tell you something you......

Words: 1377 - Pages: 6

Premium Essay

Modernization of Ntuc Income Case Study this case.....................2 1.2How were the resolved by the new digital systems?.......2 2.Before migrating to the fully digital system..........................3 2.1The information systems.................. .............................3 2.2Business process............................................................3 3.After migrating to the fully digital system...........................4 3.1 Information Systems.....................................................4 3.2 IT infrastructure ............................................................4 4.The benefits that Income reap from the new system............4 5.How well is Income prepared for the future?.......................5 1. The problems 1The problems faced by Income in this case: Processes were vary tedious and paper based. Despite periodic investments to upgrade the HP 3000 mainframe that hosted the core insurance applications as well as the accounting and management information systems, it still frequently broke down. The COBOL programs that were developed in the early 1980s and maintained by Income’s in-hose IT team, also broke multiple times, halted the systems and caused temporary interruptions. Transactions processing for policy underwriting was still a batch process and information was not available to agents and advisors in real time. 1.2 How were the resolved by the new digital systems? Income switched to the Java based eBao...

Words: 728 - Pages: 3

Premium Essay


...Jun Lei, CEO of Xiao Mi mobile phone company The introduction of Jun Lei. Jun Lei is a Chinese businessman who is known for founding Xiaomi Inc, one of China's largest technology companies. He is often called the 'Steve Jobs' of China for making several world changing companies and revolutionising multiple industries. Lei's net worth is estimated to be 35 billion US dollars since he owns 77.8% of Xiaomi, which is a $45 billion company. In 2011, Lei was ranked 201 on Forbes list of China’s 400 Richest. In 2014, he was named Businessman of the Year by Forbes. The background of Xiaomi Inc.  Millet Technology (full name millet technology limited liability company) set up by the former companies such as Google, Microsoft, Jinshan top players, is a focus on iphone, android, and a new generation of smart phone software development company hot mobile Internet business operations. Officially launched in April 2010, has been well-known angel investors and venture capital Morningside, the Qiming huge investment. The end of 2010, mobile phone real name Community meters chat launched within six months exceeded 300 million registered users. In addition, millet company also introduced the CM-based custom mobile operating system MIUI Android dual-core mobile phone millet phone. M chat, miui, millet phone is the the millet technology of three core products. The sucessful secrets of Xiao Mi. There are four factors which make the Xiao Mi successfully. a. The product image is the basis of......

Words: 656 - Pages: 3

Free Essay


...Selecting an IT/MIS Vendor Checklist and Timeline An Eight Step Model for Selecting the Right Vendor August 2007 Selecting the right IT/MIS vendor is an important part of making technology improvements that meet your needs and will effectively and efficiently support ADRC operations. The experience of ADRC grantees thus far indicates that the process may take several years from the planning stages to having a fully implemented system in place. The chart below outlines the critical steps in the process of building a new IT system to support ADRC operations and was adapted for ADRC grantees from resources available on the ADRC-TAE website (, and from the TechSoup Learning Center Website ( We are aware that some ADRCs may choose to adapt existing systems and that they may follow some of these steps, but this checklist primarily details steps involved in creating a new system. Step 1 Timeline 3- 6 months Tasks Establish Leadership and Support 1) Identify core IT/MIS work group or team (drawing from key project staff at state and local levels, advisory board members, consumers) 2) Request input from and secure support of key management, grant staff, advisory board, professional front-line users (pilot site staff, partners, and/or consumers), other stakeholders. 3) First steps for your core IT/MIS work group include: a) Diagram key business processes and identify areas in which automation already does support or should support these......

Words: 976 - Pages: 4

Premium Essay


... Introduction. Motivational Interviewing is a collaborative, goal oriented style of communication with particular attention to the language of change, It is designed to strengthen personal motivation for and commitment to a specific goal by eliciting and exploring the person’s own reasons for change within an atmosphere of acceptance and compassion.’ Miller & Rollnick (2013 p. 29) The main idea of motivational interviewing is to purposefully create a conversation around change, without attempting to convince the person of the need to change or instructing them about how to change. Motivational interviewing (MI) is a therapeutic approach that was originally developed in the alcohol and other drug field by William Miller and Stephen Rollnick (Miller 1983 Miller & Rollnick, 1991). This approach was influenced by the principles and practices of a client-centred counselling to encourage the client to move through the stages of change and to make personal choices along the way. Definition: Motivational interviewing is a directive, client-cantered counselling style for eliciting behaviour change by helping clients to explore and resolve ambivalence. Compared with nondirective counselling, it is more focused and goal-directed. The...

Words: 1269 - Pages: 6

Premium Essay

Apol 104 Biblical Worldview

...Understanding Today’s Worldview Worldview is a term referring to how an individual perceives the world, what they believe to be true and what they do not. Every person on this earth, regardless of their religious affiliations or not, should have a “worldview”. Barna Research Group conducted a nationwide survey in which they were able to conclude that only a rough 4 percent of Americans had a “biblical” worldview. This is both startling and unsettling given the fact that 83 percent of Americans identify themselves as Christians. When Barna conducted his survey, he also correlated a person’s worldview with their moral beliefs and actions. The Bible is the most owned book in America yet many Americans only understand a very small percentage of what’s inside, nor do they understand how the Bible correlates to their life and the meaning. The author of Understanding the Times, David Noebel, defined what exactly a worldview is when he said, “It’s any ideology, philosophy, theology, movement or religion that provides an overarching approach to understanding God, the world and man’s relations to God and the world.” Whether knowingly or unknowingly, every person young and old has a worldview. From the young toddler who believes they are the center of the universe, to the Muslim extremist who believes by dying in the name of Allah will earn them many virgins in their afterlife. As a Christian, our worldview should be that our primary existence on this Earth is to share and serve......

Words: 769 - Pages: 4

Premium Essay

Scotia Airways

...employee by providing job satisfaction, commitment to an organization, absenteeism and turnover The more productive, satisfied has received attention from manager and researcher. Job specification includes job rotation, enlargement and enrichment. Job Rotation Acquire new skills, increase overall skill level of their employees- different tasks at different organization Job Enlargement Expand tasks to be autonomy Employee view themselves as being capable of performing a broader set of tasks. Job Enrichment Allows employees to take more responsibility and capability. The below list describe the characteristics of core job. Core Job Psychological States Outcomes -Skill variety -Meaningfulness -Motivation -Task variety -Responsibility -Satisfaction -Task Significance -Knowledge of results -Autonomy Training and Development In the case study, training is ad hoc. However, company needs to provide training program once on every six month. After doing recruitment, training program is important for not only junior or new...

Words: 1171 - Pages: 5

Premium Essay

Social Networking in Buisnesses

...they are factors such as people’s habits, organization’s needs, and technology competition or issues. To begin identifying these factors, let’s start with why people won’t want to change what they’re used to. When a company begins using something like a new social network to try encouraging workers to collaborate in new ways, most of the time the workers don’t feel comfortable with the change. In a work area, it’s more common to collaborate with your colleague face-to-face or by sending emails, and having to learn how to use/navigate a new social networking program may prove to be nothing more than stressful. As for the factors of organization, it would be a burden to keep these systems up to date, and having to rely on them for organization may not end well if any details were missed/left out. A common complaint is that social media efforts are severely under-resourced, so gaining accurate, factual resources can be proved difficult (1). Not only would maintenance be an issue, but most companies also lack the capability to measure performance/value the network creates. The other factors that may make adoption slow is technology itself. When it comes to interacting in work areas, it would seem more convenient to email what’s needed. If the company’s customers are used to emails or other forms of communication, incorporating a social media system may cause them to be discouraged. To add to this there is also a legal limitation to technological advancement in some......

Words: 1024 - Pages: 5

Free Essay


...from Buenos Aires. (Nu, nu! Sunt din Buenos Aires) (4) Nice to meet you, too. (Si mie imi pare bine de cunostinta) (5) Really? Manchester's a fantastic city! ( Serios? Manchester e un oras fantastic! ) 2b) 1. Carla e din Italia. (true = adevarat) 2. Ariel e din Italia. (false) 3. Ben si Emili sunt englezi. (true) 4. Ei sunt din Londra. (false) Grammar = Gramatica be = a fi (forme pozitive) I am from Milan. (eu sunt din Milan) Are you from Milan, too? ( Si tu esti tot din Milan? ) He is from Buenos Aires. (El e din Buenos Aires) Carla is from Italy. (Carla este din Italia) Pag 17 Litere mari (Capital letters) 1. Care dintre literele subliniate trebuie schimbate in litere mari? Indicatii la modulul 1. a. What's your name? (Care e numele tau?) - inceput de propozitie b. I'm here on business. (Sunt aici pentru afaceri.) - inceput de propozitie si pronumele personal “I” (eu) e intotdeauna cu litera mare c. This is Emily. (Aceasta este Emily.) - inceput de propozitie + nume d. Are you Mrs. Ream? (Dumneavoastra sunteti doamna Ream?) - inceput de propozitie + Miss/ Mrs./ Mr. (adica domn/doamna/domnisoara insotit de nume se scrie intotdeauna cu litera mare) 2. Folositi-va de minidictionar pentru a descoperi care dintre urmatoarele cuvinte trebuie scrise cu litera mare. English Poland Saturday December Arabic teacher notebook ( tarile, nationalitatile, zilele saptamanii, lunile anului se scriu cu litera mare! ) PRACTISE......

Words: 1078 - Pages: 5

Premium Essay

Nur 403 well as motivate others. |I hold a position as charge nurse of my unit at a | | | |local community hospital in my area. It is my job to| | | |ensure all nurses as well as patients’ needs are | | | |met. I also have weekly meetings with my hospital | | | |Chief Nursing Officer to discuss patient | | | |satisfaction numbers as well as compliance of new | | | |policies met. | |Autonomy |Self Directing |A big part of nursing is being able to work | | | |independently. Nurses are providing care as a doctor| | |...

Words: 531 - Pages: 3

Free Essay

Cis 505 Assignment 2

...“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