BZ380 Management Information Systems
1. There are many ways in which information systems are transforming business. For instance, it helps create operational excellence. Information systems and technologies are also allowing businesses to create new products, services, and business models. It creates customer and supplier intimacy, and most importantly, improved decision making for businesses. 2. Information systems literacy is the broad-based knowledge of information systems that include behavioral knowledge of companies, along with knowledge of the dimensions, peripherals, and network elements common to most systems. The difference between information systems literacy and computer literacy is that with computer literacy, you only need the knowledge of how a computer works along with the ability to operate the computer as well, i.e. information technology. 3. There are three different dimensions of information systems. The first one is the organizational dimension. This dimension is organized at different levels and specialties. It starts with senior management, then moves to middle management (scientists and knowledgeable workers), and ending with operational management (production, service, and data workers). The next dimension is management. Management responsibilities include being able to predict and handle any situation that may arise out of companies day to day activities. They must exhibit exceptional management skills. They must also be able to create new projects and successfully see them through to the end. The last dimension is the technology dimension. The technology consists of many different areas such as computer hardware, software, data management technology, and network and telecommunications technology. Bibliography
Laudon, Kenneth, & Laudon, Jane (2010). “Management Information Systems”
The Problem and its Setting
Beneficial Life Insurance has a set of important customer information stored in electronic formats after inputting the details through manual action and provides company staff the flexibility and accessibility to easily interact with the customer information, which helps to improve the quality of the Life Insurance care service. Managing the customer information has been developed and improved through computer applications.
Beneficial life insurance (BENLIFE), wholly Filipino-owned life insurance Company, guarantees the creation of cash, in case of the policyholder’s natural or accidental death, that serves as Income-Continuity Fund for one’s dependents . By using new system that is fully computerized, user-friendly, time effective and well-organize, the daily routine in Life Insurance Company will be more efficient and a great time management. This allows using every branch in order to reduce high and heavy daily action during customer Life Insurance application.
BENLIFE was established on March 16, 1960, Makati, Philippines . With more than 50 years of experience in the market and over 7,000 Filipino stockholders as its owner, BENLIFE is considered one of the most formidable life insurance companies in the country today . In past modern age where computer has become a way hard of life, it is evident that a majority of the...
...A ManagementInformationSystem (MIS) is a network of software tools that connects all departments of an organization to facilitate the management of information. Managementinformationsystems specifically enable executives (managers) to collate information and thereby make informed decisions. But these systems are also used by the overall workforce to gather and distribute information across different levels of the organization. The effectiveness and success of managementinformationsystems is influenced by several factors within the workplace.
Managementinformationsystems are a combination of a wide array of databases that belong to different depart ments in an organization. An MIS is successful if all users are able to easily operate the system to do their jobs. Operational viability is the ease of use the system offers to all users within the organization. An MIS may be irrelevant or unsuccessful if users are having difficulties using it to manage information.
All users of managementinformationsystems need the ability to collate and exchange information, and communicate...
...What is ManagementInformationSystems?
ManagementInformationSystems (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 through technology. If you have an interest in technology and have the desire to use technology to improve people’s lives, a degree in MIS may be for you.
Businesses use informationsystems 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 business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses informationsystems. A car dealership could use a computer database to keep track of which products sell best. A retail store might use a computer-based informationsystem to sell products over the Internet. In fact, many (if not most) businesses concentrate on the alignment of MIS with business goals to achieve competitive advantage over other businesses.
MIS professionals create informationsystems for data...
What you think Management of InformationSystems is and why it is important in today’s business environment?
ManagementInformationSystems (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 ubiquitous as they are today, there's hardly any large business that does not rely extensively on their IT systems (Kenneth C. Laudon). 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...
...between managementinformationsystems (MIS) and information technology (IT)?
Managementinformationsystems (MIS) deals with the coordination and use of information technology. MIS plans for, develops, and manages the use of information technology tools to help people perform tasks related to information processing and management in their personal lives, careers, and/or just for every day actions when working with information. MIS helps get the right information technology and right information into the hands of the right people at the right time.
2. What is the relationship between data, information, business intelligence (BI), and knowledge?
Data, information, and business intelligence all build on each other. Information is the more complete picture of multiple data points, while business intelligence extends information in order to give the ability to make effective, important, and often-strategic decisions. With this information and intelligence an individual can develop into a technology-literate knowledge worker or an information-literate knowledge worker to be a more efficient and better understand problems and opportunities in their organization.
3. How does the...
...Prima Nanda Wicaksono
What is ManagementInformationSystems?
ManagementInformationSystems (MIS) is the study of people, technology, and organizations and the relationships among them. MIS professionals help firms realize maximum benefit from investment in personnel, equipment, and business processes. It’s a people-oriented field with an emphasis on service through technology. If you have an interest in technology and have the desire to use technology to improve people’s lives, a degree in MIS may be for you.
All businesses use informationsystems at all levels of operation to collect, process, and store data. This data is aggregated and disseminated in the form of information needed to carry out the functions of business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses informationsystems. A car dealership could use a computer database to keep track of which products sell best, and a retail store could use a computer-based informationsystem to sell products over the Internet. In fact, all businesses are concentrating on the alignment of MIS with Business to achieve competitive advantage over other businesses.
MIS professionals create informationsystems for data...
...have the mission to provide the guest a remarkable experience of comfort and pleasure in which 100 percent satisfaction is their best reference.
Their mission is to provide the guests the 100 percent satisfaction, the resort accomplishes systems that will lead to organized and managed information effectively.
II. Company Background
The departments they have are as follows:
Operational Department .This system is designed on processing day-to-day transactions and is performed efficiently and the integrity of the transactional data is preserved. It includes the following systems: Reservation System; it is a computerized system used to store and retrieve information related to reservation made by the guest. Next is the Inquiry System; It is used for determining behavior, problem solving, decision-making for inquiry purposes. Another is the Guest Entry System. Then the InformationSystem. Which is used to persuade, inform, educate and entertain the guest. Lastly, Cash Handling System to keep track of income and expenses.
Emergency Service Department .The Department that supervises the safety and rescue for the guest. The resort uses CCTV (Closed-Circuit Television) cameras for surveillance and security systems.
Payroll Department. The Department that handles...
...A managementinformationsystem (MIS) provides information that is needed to manage organizations efficiently and effectively. Managementinformationsystems are not only computer systems - these systems encompass three primary components: technology, people (individuals, groups, or organizations), and data/information for decision making.Managementinformationsystems are distinct from other informationsystems in that they are designed to be used to analyze and facilitate strategic and operational activities in the organization. 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 informationsystems. 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.