Difference between revisions of "IS Introduction"
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| Line 12: | Line 12: | ||
*** Cost | *** Cost | ||
*** Competitive Advantage | *** Competitive Advantage | ||
=== MIS=== | |||
Management information system | |||
<pre> | <pre> | ||
Webster: | Webster: | ||
| Line 26: | Line 27: | ||
** processing into meaningful results | ** processing into meaningful results | ||
** Interpret and transfer of results to consumers or managers for decision making | ** Interpret and transfer of results to consumers or managers for decision making | ||
* | * Elements of MIS | ||
** Hardware | |||
** Software | |||
** Procedures | |||
** Databases | |||
** users | |||
* Scope of IS | |||
** broad concept rather than a system | ** broad concept rather than a system | ||
** integrated with data processing | ** integrated with data processing | ||
Revision as of 20:28, 9 January 2010
Introduction
- Role of Information system (IS) in Business envt.
- IS is an integral part of any business to collect, organise, manage, analyse and interpret the business information meaningfully.
- Objectives of IS
- Solve a problem
- Capitalize on an opportunity
- Respond to a directive
- 5Cs for intiating IS
- Capability
- Control
- Communication
- Cost
- Competitive Advantage
MIS
Management information system
Webster: MIS- Knowledge communicated by others or obtained by study and investigation Davis Oison: MIS- is an integrated, user-machine interactive system for providing information to support operations, operations and decision making functions in an organisations
- Computer resources to
- perform transaction processing for formal processing
- reporting system to accomplish managerial decision support
- Activities of MIS
- collection of raw data
- processing into meaningful results
- Interpret and transfer of results to consumers or managers for decision making
- Elements of MIS
- Hardware
- Software
- Procedures
- Databases
- users
- Scope of IS
- broad concept rather than a system
- integrated with data processing
- designed for knowledge or decision making function
- Classification if IS
- perform transaction processing for formal processing
- reporting system to accomplish managerial decision support