Management Information Systems (MIS) Information systems at the management level of an organization that serve the functions of planning‚ decision-making and controlling by providing routine summary and exception reports. A combination of computers and people that is used to provide information to aid in making decisions and managing a firm. Roles of MIS Support To Strategic Advantage Support To Managerial Decision-Making Support To Business Operations Features of MIS MIS is a
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CASE STUDIES – CHAPTER 8 CASE STUDY 1 1. Why did Freeport-McMoRan need a performance management system? • The price of copper jumped significantly in 2006‚ so they needed to ramp up production to make more profit • They needed to change their strategy on handling a changing marketplace and remaining competitive • Each mine was run separately‚ so employee organization was difficult to determine • They acquired a company which operated differently than they did‚ so they needed more standardization
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1. What are the difference between travel agents‚ such as Orbitz‚ and travel searcgh engines suxh as Mobissimo? * Then there are the base differences around business model - OTA’s are retailers that charge cards and supply services. OTA (the retailer) owes their livelihood to the punter‚ to the customer. The person they get their money from is the consumer making a booking. OTAs build loyalty through deal hunting‚ sales‚ customer service‚ customer contact and building unique product. Meta-search
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MIS Case Studies Chapters 1-5 Chapter 1: Study 1 1. No‚ technology alone cannot solve all customer service problems‚ employees are still needed to run the technology and back it up in case something goes wrong. 2. $57.56 million/per year in call center savings‚ and reduction from $1.36 billion per year to $21.6 million in tracking savings. 3. Ship Manager and Fedex.com‚ package-tracking Study 2 1. Mobile technology‚ Scan-as-you-go. 2. Scan It 3. The smartphone will be
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INTRODUCTION Designing and creating effective information system is a complex task and several techniques have been developed to manage organization and build information system. Management Information System goal is to enable managers to make better decisions providing quality information. MIS can be the foundation of a business but it can also be expensive. It is important that the information system should be designed and organized to match the needs of the firm. A Chemical Industry comprises
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MIS 760 – IT Strategy Case Study: Citibank’s E-Business Strategy for Global Corporate Banking Please prepare an analysis of this case. Your write-up should be 4 to 7 pages. Each of the following questions should be addressed individually: 1. What are the impacts of the internet on the competitive landscape of corporate banking? (Hint: use Porters 5 forces) The statements below are the impacts of the internet on the competitive landscape of corporate banking: * Intense competition which
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Case 1 – page 6 1. How do information technologies contribute to the business success of Sew What .Inc? Give several examples. The following are information technologies that contribute to the success of Sew What. a) Computer software technology: Website • For example‚ before they put up their website (www.sewwhatinc.com) business was almost all local. Duckett admitted that business couldn’t grow optimally only by word of mouth without embracing technology. However‚ after launching website‚ they
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Why is the role of a data Steward considered to be innovative? Explain. The role of Data Steward is considered to be innovative because Data Steward establishes and maintains the quality of data entered into the operational system that feed the data warehouse. Whereas most companies put someone in charge of data only when something goes wrong. Many companies treat data quality as a “find-and-fix” effort that is done at the end of a project by an IT worker. Other companies try to maintain their data
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Assignment 1 1. Most of the mobile devices such as iphone and ipad provide convenient social networking applications helping people communicate‚ collaborate and obtain essential information via e-mail‚ typing messages. These easy-used applications can let people get along with each other anywhere they like no matter between colleagues or families easily. Based on a fast and high-efficiency data-obtained function; people tend to use these handy applications making business decisions day by day
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Chapter 1 Business Information Systems in Your Career Student Objectives 1. How are information systems transforming business and what is their relationship to globalization? 2. Why are information systems so essential for running and managing a business today? 3. What exactly is an information system? How does it work? What are its people‚ organization‚ and technology components? 4. How will a four-step method for business problem solving help you solve information system-relations
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