The goal of information system is to deliver the right information to the right person at the right time Approaches: 1. Pen and Paper-Based Approach (Manual Process) 2. Computer-Based Approach (Electronic Process)
Information system (IS)
➡Set of interrelated components: collect, manipulate, store, and disseminate data and information ➡Provides feedback to meet an objective INPUT - PROCESS - OUTPUT - FEEDBACK
Data, Information, and Knowledge
➡Data: raw facts; Information: processed data ➡Alphanumeric, image, audio, and video ➡Information: collection of facts organized in such a way that they have additional value beyond the value of the facts themselves ➡The Process of Transforming Data into Information DATA - APPLICATION OF KNOWLEDGE - INFORMATION
Data into Information
➡Process ‣Set of logically related tasks performed to achieve a deﬁned outcome ➡Knowledge ‣Awareness and understanding of a set of information and the ways that information can be made useful to support a speciﬁc task or reach a decision ➡KWs ‣People who create, use and disseminate knowledge
The Characteristics of Valuable Information
accessible accurate complete economical ﬂexible relevant reliable secure simple timely veriﬁable
Components of an Information System INPUT
➡the data ﬂowing into the system from outside. ➡an activity of gathering data and capture raw data
➡Means converting or transforming data into useful outputs
➡involves the production of useful information in form of documents and reports(printed paper copy)
➡is information from the system that is used to make changes to input or processing activities.
‣predicting future events to avoid problems
Manual and Computerized Information Systems ➡an information system can be...: 1. Manual ISs ‣Example: Developing patterns and trends on graph paper for stock analysis; Manual Recording of number of hours worked and rate 2. Computerized ISs ‣Example: using program trading to track the market and trade large blocks of stocks when discrepancies occur ; Computerized Library System
Computer-Based Information System
➡a single set of hardware, software, database, telecommunication, network, internet, people, and procedures conﬁgured to collect, manipulate, store, and process data into information
I. Hardware ➡computer equipment used to perform input, processing, and output activities. ➡Example: ‣keyboard, Mouse and other pointing devices ‣Automatic scanning devices (UPC Reader) ‣Magnetic ink character recognition reader (MICR) ‣Optical Mark Recognition (OMR) ‣voice-response technology
IBM computer (U.S. Livermore National Laboratories) – fastest in the world, 300 teraﬂops ( 300 trillion operations per second) Blue Gene – super fast computer($40million) Kraken –World’s fastest academic supercomputer K Supercomputer – 2011-2012, world’s number one supercomputer with 10 petaﬂops Jaguar – 2011-2012,world’s number 3 supercomputer with 1.75 petaﬂops
➡Microcomputer output devices: Printer and Monitor Printer Kiosk – used to print pictures by inserting the memory card or disks. EDRs – used to monitor vehicle operation II. Software ➡computer programs that govern the operation of the computer ➡Types: 2. System Software - uses for day-to-day maintenance 3. Application Software - use for day-to-day application ➡ Operating system - most essential software ➡ MS DOS (MS disk operating system) - operating system stored in a disk ➡ - the ﬁrst electronic communication software III.Database ➡organized collection of facts and information consisting of 2 or more related ﬁles. IV.Telecommunication ➡electronic transmission of signals for communications V. Network ➡connect computers and equipment in a building, around the country, and around the world VI.Internet ➡world’s largest computer network ➡1991 ➡Popular Internet Application Program: Mashing - Play 2 or more songs simultaneously Web Blogs (blogs) – sharing of...
...InformationSystems in Business Functions |
January 04 - 2011 |
Cebu Institute of Technology – University
CCS 311 Management InformationSystems G01
Reaction Paper #3
* RESEARCH ON THE TOPIC
Accounting - The purpose of accounting is to track every financial transaction within a company, from dollar to multimillion dollar purchases, from salaries to benefits, to sales of every item.
At the year’s end, the company cannot present a picture of its Financial Situation called a:
Balance sheet - and a profit and loss report, unless it maintains a general ledger to record every transaction with a financial impact.
Finance - The science of funds management. Finance deals with the concepts of time, money, and risk and how they are interrelated, it also deals with how money is spent and budgeted.
Helps managers track a company's finance.
Investment Analysis and Service
The ability of financial ISs to record millions of security prices and their changes over long time periods, coupled with the ability to manipulate numbers using software, puts powerful analysis tools in Investment managers’ hands.
Engineering - A prototype that can be mass-manufactured is devoted to engineering and is known as engineering lead time, or time-to-market. It includes brain-storming, developing a concept, creating mock-ups, building prototypes testing and other activities...
InformationSystems Proposal Letter
September 04 2013
Table of Contents
Table of Contents Page 1
Introduction Page 2
Office Automation Systems Table Page 2
Explanation of System needed to Operate Page 3
Image of Impacts of InformationSystems Page 4
04 September 2013
MEMORANDUM FOR Beltran and Rodriguez Record Company Partners
SUBJECT: Different types of InformationSystems and Technology
Dear collegue as we embark on this adventure of starting our own Records Company, there are some things that we need to become familiar with in order to be successful. We need to get acquainted and become knowleageable with some of the different InformationSystems that will help our compny be a successful one. See below for some of the necessary systems that we will be needing.
Type of System
Functional area IS
Supports the activities within a specific functional area
System for processing payroll
Transaction processing system
Processes transaction data from business events
Wal-Mart checkout point-of-sale terminal
Enterprise resource planning
Integrates all functional areas of the organization
...Management InformationSystem? How it is important for an organization? Explain.
Define System. What are the different types of Systems? Explain with examples.
List and explain all types of business informationsystems.
Briefly the below terminology with an example
i. Data Warehouse
ii. Data Mining
iii. On-line Analytic Processing (OLAP)
iv. Open Database Connectivity (ODBC)
List and briefly explain the three level of Decision Support System technology.
List down th stepd on how Decision Support System is developed.
Explain with example the stage in System Development Life Cycle
How Rapid Application Development (RAD) can system development in an organization?
a. Define Management InformationSystem? How it is important for an organization? Explain.
Definition: Management InformationSystems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organisation.
The development and management of information technology tools assists executives and the general workforce in performing any...
1. In the world today, businesses need knowledge management systems to help gain strategic advantages. Knowledge management systems are informationsystems that support the creation, organization, and dissemination of business knowledge to employees and managers throughout a company .Gaining a strategic advantage over competitors requires the innovative application of information technologies. For example, store management might make a decision to install touch-screen kiosks in all stores, with links to e-commerce Web site for online shopping. This offering might attract new customers and build customer loyalty because of the ease of shopping and buying merchandise provided by such informationsystems. Thus, strategic informationsystems can help provide products and services that give a business a comparative advantage over its competitors.
2. Business managers face several challenges managing the successful and ethical development and use of information technology. Success in today’s dynamic business environment depends heavily on maximizing the use of Internet-based technologies and Web-enabled informationsystems to meet the competitive requirements of customers, suppliers, and other...
...InformationSystems Practicality within the Business Setting
Professor Ray Schafer
November 14, 2011
InformationSystems Practicality within the Business Setting
The key to a business’ global success is the method employed to manage its informationsystem and technology. Informationsystems solve business challenges and problems involving the organization, its technology, and people. The most successful companies, today, are those that are fully aware of their IT potential and use it as both a competitive and strategic tool.
The World Wide Web phenomenon has forever changed the way global business is conducted, and the key to a business’ global success is the method employed to manage its informationsystem and technology. An informationsystem is the method used to create information and ideas, which are collected, stored, and distributed within a corporation; internally to required personnel and groups, and externally to support organizations and customers. Information technology is the foundation of the system; hardware and software, which drives businesses to meet their objectives.
As described in BusinessDictionary.com, a business is an “economic system in which goods and services are exchanged for one another or...
Table of Contents
1. General Information
2. Different Types of InformationSystems
3. A transaction processing system (TPS) supports the monitoring, collection, storage, and processing of data from the organization’s basic business transactions, each of which generates data.
4. Interorganizational informationsystems (IOSs) are informationsystems that connect two or more organizations. IOSs support many interorganizational operations; supply chain management is the best known.
To enhance the ability to manage a nostalgic record store for success investment is needed in technology and informationsystems. This proposal will address the technology management plan and will discuss five different types of informationsystems. A list of benefits and drawbacks of each system will be covered.
Functional area IS to process payroll. This effectively provides a system for processing payroll but does not interact with other systems.
Transaction processing system. This will process information that occurs at the point of sale for...
COMPONENTS OF A BUSINESS
A business is a formal organization whose aim is to produce products or provide services for a profit – that is, to sell products at a price greater than the costs of production.
ORGANIZING A BUSINESS: BASIC BUSINESS FUNCTIONS
The decision of what to produce is called a strategic choice because it determines your likely customers, the kind of employees you will need, the production methods and facilities needed, the marketing themes, and many other choices.
The five basic entities in a business with which it must deal are: suppliers, customers, employees, invoices/payments, and, of course, products and services.
The actual steps and tasks that describe how work is organized in a business are called business processes.
A logically related set of activities that define how specific business tasks are performed.
Also refer to the unique ways in which work, information, and knowledge are coordinated in a specific organization.
Manufacturing & Production
Assembling the product
Checking for quality
Producing bills of materials
Sales & Marketing
Making customers aware of the product
Selling the product
Finance & Accounting
Creating financial statements
Managing cash accounts
Evaluating employees’ job performance
Enrolling employees in benefits plans
Dianna J Kobiela
May 14, 2012
Professor Mai Nguyen
In order to start our nostalgic record store off on the right foot, we need to consider purchasing information technology for the business. Information technology will help us track our inventory, payroll, sales, accept credit cards and keep track of customers. There are at least five different types of informationsystems we need to consider. These five systems are as follows (Rainer Jr. & Cegielski, 2011):
1. Transaction processing system-a point of sale terminal that checks out customers in an automated fashion.
2. Functional area IS-for human resources, this will allow us to automate the payroll process, keep track of employee time and employee information such as hire date, tax rates etc.
3. Management informationsystem-for inventory, this will allow us to track inventory from purchasing to sale, including information on purchase price, sale price and profit margin.
4. E-commerce system-this will allow us to put our store on the web and market and sell our product electronically.
5. Enterprise resource planning-this will integrate all the functional areas of our business into one database.
All of these...