MB0047 MANAGEMENT INFORMATION SYSTEM Assignment Set 1 Q.1 What is MIS? Define the characteristics of MIS? What are the basic functions of MIS? Give some Disadvantage of MIS? Ans.: A management information system (MIS) is a system that provides information needed to manage organizations effectively. Management information systems are regarded to be a subset of the overall internal controls procedures in a business‚ which cover the application of people‚ documents‚ technologies‚ and procedures used
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Explosion of Information. The increased Management Complexities could be attributed to:- 1. Management Science Technologies. 2. Decision – Making. 3. Onset of Computers. 4. Information Feedback System. These complexities have in turn necessitated:- 1. Strategic Planning. 2. Setting of Objectives (Parameters). 3. Devising Operational Plans. 4. Obtaining / Processing / Storing; Retrieving and using information for decision – making. Hence; information is today seen
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observed at the 4th International Conference on Global e-Security in London in June 2008‚ Information Security Risk Management (ISRM) is a major concern of organizations worldwide. Although the number of existing ISRM methodologies is enormous‚ in practice a lot of resources are invested by organizations in creating new ISRM methodologies in order to capture more accurately the risks of their complex information systems. This is a crucial knowledge-intensive process for organizations‚ but in most cases
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& Answers for mid-term examination Chapter 1: 1- List and describe four reasons why information systems are so important for business today? Answer: - Capital Management - Foundation of doing business - Productivity - Strategic opportunity and advantage 2- Describe five technology and business trends that have enhanced the role of information systems in today’s competitive business environment: Answer: (chapter 1: page 8)
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Anger Management And Health by‚ Danita C. McCoy Anger Management and Conflict Dr. Daube‚ Instructor November 6‚ 1996 Everybody feels anger from time to time. People have been documented feeling anger since biblical times when God was considered angry. Babies even exhibit signs that are interpreted as anger‚ such as crying or screaming. Anger is not in any way unique to people. Animals also have the ability to feel and express anger. In our personal lives we get angry over at least
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Types of management information systems INTRODUCTION : Management information systems are essential for the modern day organizations to make decisions based on facts that are analysed in an intelligent way‚ thus using information technology to have a competitive edge. There are different types of management information systems at different levels of an organization : Transaction processing system (TPS) - for operational level of the organization e.g. cash counters ‚ ATMs ‚ EFTPOS ‚ Scanners etc
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an Alumni Information Management System is a web-based system giving the campus a quick access to its products. It can be source of reference and information of the alumni member such activities and news. This system is beneficial to the campus for this can be an easier way to contact and locate the graduates of Cagayan State University of Gonzaga. Purpose and Description of the Project The Alumni Information Management System was developed to be a source of references and information of Cagayan
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(Discuss) Proposed since February 2014. Example of a Decision Support System for John Day Reservoir. A Decision Support System (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management‚ operations‚ and planning levels of an organization (usually mid and higher management) and help to make decisions‚ which may be rapidly changing and not easily specified in advance (Unstructured and Semi-Structured decision problems). Decision
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1. Describe three (3) ways in which information system are transforming business. (33 points) Three ways in which information systems are transforming are as followed. The first way is the way in which communication is now being delivered. Landline communication was once the only and main communication tool however with the increase in technology there is now mobile and internet. I also refer to travel agencies who no longer have to provide over the counter service because technology has grown
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Information management of Air Asia Air Asia adopted information technologies strategically to integrate the operations and coordinate all the business and management functions. There are respectively 3 information management system used by Air Asia. Air Asia has implemented all the three systems in their marketing‚sales activity and as well as in their operating chain. (1) Yield Management System (YMS) • YMS has aided AirAsia to increase the revenue by offering higher discounts‚ more frequently
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