My hometown is Lahore. I was born in Lahore and I like it a lot. Lahore is a very important city in Pakistan because it is the capital city of the largest province in Pakistan. Right now I am living in my hometown and I wish live over here for the rest of my life. Lahore is a very big city with wide and beautiful roads. Lahore is also regarded as the educational hub of Pakistan as there are many educational institutes in Lahore. Lahore also has its significance for the fact that it was a very important
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MANAGEMENT INFORMATION SYSTEMS (MIS) NOTES 0 MANAGEMENT INFORMATION SYSTEM This is a system that converts data from internal & external sources into information in an appropriate form to managers at all levels in all functions to enable them make timely and effective decisions‚ plans‚ directing and controlling the activities in which they are responsible for. Elements of Management Information System They Include: Information; System; Information Systems; and Management Information Systems
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Accounting Information System (AIS An accounting information system (AIS) is a system of collection‚ storage and processing of financial and accounting data that is used by decision makers. accounting information system (AIS) consists of: - People - Procedures - Data - Software - Information technology infrastructure What important functions does the AIS perform in an organization? 1. It collects and stores data about activities and transactions. 2. It processes
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Chapter 1: Business Driven MIS (Key Terms pg. 27) Competing in an information age 4 Driving factors Data: raw facts that describe the characteristics of an event or object(pg.6) Information: data that has been converted into a meaningful and useful context(pg.8) uses variables‚ data characteristics that stand for a value that changes or varies over time‚ to help answer questions Business intelligence: information collected from multiple sources such as suppliers‚ customers‚ competitors‚ partners
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The Role of Information Management in the field of Marketing Decision Making Introduction: The field of marketing is concerned with development of effective strategies for managing such activities as product development‚ promotion‚ pricing‚ and distribution in a way that organizational objectives are achieved. Marketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm’s marketing resources and activities.
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Management Information Systems MANAGING THE DIGITAL FIRM Chapter 2 Managing the Digital Firm Kenneth C. Laudon Jane P. Laudon 9th edition PEARSON Prentice Hall 2006 www.prenhall.com/laudon Objectives After reading this chapter‚ you will be able to: 1. Evaluate the role played by the major types of systems in a business and their relationship to each other. 2. Describe the information systems supporting the major business functions: sales and marketing‚ manufacturing
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management information system (MIS) provides information that organizations require to manage themselves efficiently and effectivel.Management information systems are typically computer systems used for managing. The five primary components: 1.) Hardware‚ 2.) Software‚ 3.) Data (information for decision making)‚ 4.) Procedures (design‚development and documentation)‚ and 5.) People (individuals‚ groups‚ or organizations). Management information systems are distinct from other information systems because
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appreciation to Dr Salam Abdulla who provided us with all the processes to help us in this project and for all the explanation of the technical terms. As well we thank AL Noor Hospital for their support and cooperation. Methodology The Method used in this project is the secondary data for the theory history and its importance. The primary data is an interview with the (Ismail Awdaat Database Admin). There were direct question used to ask about different six theories: five competitive forces‚
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Financial Information System (FIS) Definition - What does Financial Information System (FIS) mean? A financial information system (FIS) accumulates and analyzes financial data used for optimal financial planning and forecasting decisions and outcomes. FIS is used in conjunction with a decision support system‚ and it helps a firm attain its financial objectives because they use a minimal amount of resources relative to a predetermined margin of safety. FIS can be thought of as a financial planner
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CHAPTER THREE METHODOLOGY 3.1 Introduction This chapter presents the methodology used for the study. It explains procedures used to obtain data and the techniques used in analyzing the data obtained. It highlights the type of research‚ and gives details about the population of the study‚ sample and sampling techniques. It also discusses data collection instrument‚ as well as methods of data analysis plan. 3.2 Type of Research This research shall be a qualitative research that seeks to find
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