Task 1. Management Information System (MIS) In my words‚ Management Information System is a digital‚ or computer based tool‚ which provides managers of all levels‚ as well as regular employees‚ with information crucial to perform their tasks more effectively. Management Information Systems are used especially by managers and they help them with different areas of their work: gathering needed information decision making feedback evaluation of processes Management Information Systems combine
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Q1: What is data? Give example. Ans1: Data is a collection of facts‚ such as values or measurements. It can be numbers‚ words‚ measurements‚ observations or even just descriptions of things. Example - Data can be qualitative or quantitative Q2: What is information? Give example. Ans2: Information is data that has been given meaning by way of relational connection. Example - knowledge; facts; data; details Q3: What is knowledge? Give example Ans3: When information is packaged
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currency‚ the visa information is for the Philippine local community. The international tour information is in the Asia destinations and for mostly the Philippine community. The website is not completely updated with the proper coding and prices. 2) How does www.airlinecenter.info empower SITCI travel agents to provide better personal service to customers? A) They should design the website for the customer to be able to book their own flight or request that information from the travel
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MANAGEMENT INFORMATION SYSTEM ( MIS) Introduction: The concept of the MIS has evolved over a period of time comprising many different facets of the organizational function. MIS is a necessity of all the organizations. The initial concept of MIS was to process data from the organization and present it in the for of reports at regular intervals. The system was largely capable of handling the datafrom collection to processing. It was more impersonal‚ requiring each individual to pick and choose
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The aim of an information management strategy is to: A. Gain value from information resources. B. None of the above. C. Improve the quality of information resources. D. Protect information resources. E. Assign appropriate responsibilities for information resources. An information policy is typically aimed at improving: A. The utilization of data storage on servers. B. A culture of knowledge sharing. C. Errors from poor quality information. D. Opportunities from
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Indentify how Harrah’s used IT to get competitive advantage in “Diamonds in the Data Mine” by Gary Loveman. Harrah’s success in the market is due to improved facilities with breakthroughs in marketing and customer service. It maintains its competitive advantage by using human capital and technology systems to get to know its customers better. The company first builds customer royalty to all Harrah’s properties by using a reward program called Total Gold which gives regular customers with incentives
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In any business the success of an organization is highly dependent on its employees. Although there are many other factors play role in organization’s success‚ an organization must have effective employees to accomplish its goals. Training and developing employees these days has a significant role in most companies. These days a large amount of organizations need to improve the job performance of their employees. Training and developing employees are very important to help organizations successfully
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MANAGEMENT INFORMATION SYSTEM -the original type of information system developed to support managerial decision. Management Reporting Alternatives Four major reporting alternatives provided by MIS * Periodic Scheduled Reports Example: daily or weekly sales analysis reports monthly financial statements. * Exception Reports * Demand Reports and Responses * Push Reporting ONLINE ANALITICAL PROCESSING(OLAP) -enables managers and analyst to interactively examine
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Australian School of Business Information Systems‚ Technology and Management INFS1602 INFORMATION SYSTEMS IN BUSINESS Week 12 Review and Exam Preparation Course Schedule • • • • • • • • • • • Information Systems and IS Professionals in Global Business Information Systems‚ Organizations‚ and Strategy Enabling Commerce using the Internet Web 2.0 Enterprise Information Systems Supply Chain and Customer Relationship Management Systems Decision Support and Business
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Answer: B 4) Legacy systems can prove problematic when information from multiple departmental systems is required to support business processes and decision making. Which of the following is most similar to the above scenario? A) Chuck’s is a retail chain that has an inventory management system which is tied to an RFID system. This system notifies Chuck’s managers when the inventory in its stores fall below a certain level. B) Quick Software Solutions has an automated system to track employee
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