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Introduction to I.S. in business

Introduction to I.S. in business. Why IS?. Information is Blood and MIS is heart of an organization. Help to clerical personnel in transaction processing. Help to junior management by providing the operational data for planning, scheduling and controlling.

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Introduction to I.S. in business

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  1. Introduction to I.S. in business

  2. Why IS? • Information is Blood and MIS is heart of an organization. • Help to clerical personnel in transaction processing. • Help to junior management by providing the operational data for planning, scheduling and controlling. • Help to middle management in short term planning, target setting. • Help to top management in goal setting, strategic planning and evolving business plans. • It helps in decision making to control situation. • Thus, MIS plays a vital role in Management, Administration and operations of an organization.

  3. Importance of IS • Minimizes the risk in decision making. • Process data and retrieve information. • Provides sound information regarding financial health of business organization. • Helps in preparing corporate report. • Helps all departments like HRD, Production, Marketing.

  4. Framework

  5. Foundation Concepts • Fundamental concepts about the components and roles of information systems. • Information Technologies • Major concepts, developments, and management issues in information technology. • Business Applications • The major uses of information systems for operations, management, and competitive advantage. • Development Processes • How business professionals and information specialists plan, develop, and implement information systems. • Management Challenges • The challenge of managing ethically and effectively.

  6. Resources

  7. Success Reasons • MIS is integrated into the managerial function • It sets clear objectives • Adequate use of resources • MIS selects an appropriate information processing technology to meet data processing. • MIS is oriented, defined and designed in terms of user’s requirements. • MIS focuses on results and goals and highlights the factors and reasons for non achievement. • MIS has a basic capability to quickly meet new needs of information.

  8. Failure Reasons • Underestimating the complexity of business system leads to problems in implementation of MIS. • Adequate attention is not given to the quality control aspects of inputs, process, outputs. • Lack of training to users of information. • A belief that MIS can solve all the management problems. • MIS does not give perfect information to all users in the organization.

  9. Definition of MIS • It is defined as a system which provides information support for decision making in the organization. • It is defined as a system based on the database of the organization evolved for the purpose of providing information to the people in the organization.

  10. Characteristics of Good MIS • Handling large data. • Valid data and transaction. • Quick search and retrieval. • Communication on time. • Fulfilling the changing needs of the organization.

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