Saturday, May 16, 2020

Information system has become as universal in our daily...

Information system has become as universal in our daily business activities as human resource management, marketing, finance or any other major business functions. Information system play vital role to provide management with control over their data and to operate successful businesses. They make up a significant field of study in business administration and management, and this is the most business imperatives that include in a course in information system. If we want to understand information system and functions, first we need to be sure on the concepts of a system. A good foundation of understanding is to give a clear definition: Information system is defined technically as a set of organized components which collect, store distribute†¦show more content†¦MIS generate information to support day-to-day decision making that is needed to managers and business professionals. The role of the managers of management information system (MIS) is to concentrate to the organizatio ns information and technology systems. The MIS manage investigates business problems then designs and maintains computer applications to have solutions to the organizations problems. A management information system sometimes is called a management reporting system (MRS). MIS generates four basic types of reports that help managers: 1- Periodic scheduled reports 2- Exception reports 3- Demand reports and responses 4- Push reporting Example1: Example2: 3. A Decision support systems. Decision support systems (DSS) refer to an interactive computer-based systems that are collected and presented data from the range of sources, generally for business matters. (DSSs) are information systems designed to help and promote users reach a decision when a decision-making situation arises. Features: Decision Support Systems use data from internal or external sources. Internal sources of data comprise sales, manufacturing, inventory, or financial data from a companies’ database. Data from external sources might include trends of population, interest rates, and costs of new housing construction or price of new materials. Users of a DSS, often managers, can control data used in the DSS to help with decisions. Some decisionShow MoreRelatedDiscuss How Management Theory and Practice Has Changed over Since the Early 1900’s1408 Words   |  6 PagesThe evolution of management has been changed a lot since the early 1900’s. Many different management theories have been developed, the external factor also changing at the same time, such as the technology and the nature of career. Those changing influence the trend of management method. There are four major approaches in the past, classical approaches, behavioral approaches, quantitative approaches and modern approache s. 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