IMI_Management Information System.pptx

8/19/2019 IMI_Management Information System.pptx

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MANAGEMENT

INFORMATION SYSTEM


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WHAT IS MIS?

Management of Information System ?

System of Information Management?

Information System for Management?

MIS

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MANAGEMENT INFORMATION

SYSTEM

Management Information System (MIS) is an

integrated information system used by the

managers to perform their operations and

functions. It helps management in their Decision

Making.


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MIS: EXPERTS VIEW

According to Raymond J. Coleman and M. J.

Riley, “MIS applies to all management levels; is

linked to an organization’s sub-systems; it

functions to measure performance, monitors

progress, evaluates alternatives or providesknowledge for change or corrective action; and is

flexible, both internally and externally”.

G. B. Davis defines management information

system as “an integrated man/machine systemfor providing information to support the

operations, management and decision-making

functions in an organization”.


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Decision Making

Monitoring/ Feedback

CONCEPT OF MIS


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MIS FUNCTION

MIS is set up by an organization with the

prime objective to obtain management

information to be used by its managers in

decision making. Thus, MIS must perform the

following functions in order to meet itsobjectives.

1. Data Capturing

2. Processing of Data

3. Storage of Information

4. Retrieval of Information

5. Dissemination of Information


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INFORMATION SYSTEM

An information system can be any organized

combination of people, hardware, software,

communications networks, data resources, and

policies and procedures that stores, retrieves,

transforms and disseminates information in anorganization.


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ROLES OF INFORMATION SYSTEM

There are three vital roles of IS:

Support of Business Processes and Operations.

Support of decision making by employees and

managers.Support of Strategies for competitive advantage.

OVERVIEW OF IS

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TYPES OF INFORMATION

SYSTEMS

There are six types of information systems:

1. Office Information System

2. Transaction Processing System

3. Management Information System4. Decision Support System

5. Executive Information System

6. Expert System


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OFFICE INFORMATION SYSTEM

An office information system, or OIS, is an

information system that uses hardware, software

and networks to enhance work flow and facilitate

communications among employees.

An office information system, also described as

office automation; employees perform tasks

electronically using computers and other

electronic devices, instead of manually.


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TRANSACTION PROCESSING

SYSTEM

A transaction processing system (TPS) is an

information system that captures and processes

data generated during an organization’s day-to-day

transactions.

A transaction is a business activity such as a

deposit, payment, order or reservation. Clerical

staff typically performs the activities associated

with transaction processing.


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MANAGEMENT INFORMATION

SYSTEM

Management information systems often are

integrated with transaction processing systems to:

Extract and summarize data from TPSs

Allow managers to monitor & direct theorganization

Provide accurate feedback

Provide pre-specified reports on a scheduled basis


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DECISION SUPPORT SYSTEM

An interactive information system that provides

information, models, and data manipulation tools

to help make decisions in semi-structured and

unstructured situations.

A sales manager, for example, might need to

determine how high to set yearly sales quotas

based on increased sales and lowered product costs.


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EXECUTIVE INFORMATION SYSTEM

A special type of DSS, called an executive

information system (EIS), is designed to support

the information needs of executive management.

Use both internal and competitive information

User-friendly interface


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EXPERT SYSTEM

An expert system is an information system that

captures and stores the knowledge of human

experts and then imitates human reasoning and

decision-making processes for those who have less

expertise.


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Overview

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TRENDS IN INFORMATION

SYSTEMS


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Interrelationship among systems


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COMPONENTS OF AN IS


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INFORMATION SYSTEM RESOURCES

People ResourcesSpecialistsEnd users

Hardware ResourcesMachines

MediaSoftware ResourcesProgramsProcedures

Data Resources

Product descriptions, customer records, employeefiles, inventory databasesNetwork ResourcesCommunications media, communications processors,network access and control software


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CHARACTERISTICS OF MIS

Documents

IMI_Management Information System.pptx