28089423 Management Information System

7/28/2019 28089423 Management Information System

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Salman Shaikh

Yamin Patel

Shahnawaz Shaikh

Abbasali DhondhiaSalman Saboowala

Bhavya Dhelawat

Shreyank Mishra


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Management

Process of getting things done throughand with people in formally organizedgroups.

Features: Organized activities

Existence of objectives

Relationships among resources Working with & through people

Decision making


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Information

Data that has been processed into aform that is meaningful to the recipientand is of real or perceived value in

current or prospective actions ordecisions.

Features:

Timeliness

Adequacy

Form


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System

Inter-related set of elements that function as awhole.

Composed of parts or subparts in orderlyarrangement according to some schema or

plan. Features:

Basically a combination of parts, known assub-systems.

These subsystems are mutually related toeach other.

Arrangement of sub parts is also important.

A system has a boundary.


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Types of systems

Abstract or Physical

Natural or Man made

Deterministic or Probabilistic

Open or Closed


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MIS:Definition

Approach that visualizes the business

organization as a single entity

composed of various inter related and

inter dependent sub systems lookingtogether to provide timely and accurate

information for management decision

making, which leads to the optimizationof overall enterprise goals.


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MIS:Definition

A MIS is an integrated user machine

system for providing information to

support the operations, management,

analysis, and decision making functionin an organization.


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Characteristics of MIS

Comprehensive

Integrated

Coordinated

Transformation of data into information

Relevant information

Conformation with managers style and

characteristics Selective sharing of data

Feedback


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Dimensions of MIS

DATA PROCESSING

DECISION SUPPORT SYSTEMS

EXECUTIVE SUPPORT SYSTEM

EXPERT SYSTEMS

INFORMATION RESOURCE MANAGEMENT


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Dimensions of MIS

DATA PROCESSING

Base in which MIS is developed

Also known as Transaction Processing System

Main tasks are: Data gathering

Data manipulation

Data classification

Data storing Calculation

Summarisation


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Dimensions of MIS

DECISION SUPPORT SYSTEMS

Assists in decision making

Combines data, analytical models, and

user friendly softwares to support semi

structured decision making.


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Dimensions of MIS

EXECUTIVE SUPPORT SYSTEM

Used at the top level or strategic level of

an organization


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Dimensions of MIS

EXPERT SYSTEMS

Knowledge intensive computer program

that captures the expertise of human

being in limited domain of knowledgeand experience

User of this system are the people who

are involved in value added work whichrequires a special skill or expertise.


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Dimensions of MIS

INFORMATION RESOURCE

MANAGEMENT

Aaproach based on the concept that

information is an organizationalresource.

Includes data, communication, word

processing, data processing. Basic task is to manage the resources.


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MIS Architecture

MIS: Federation of different information

systems with each system providing

information to a specific area.


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MIS Architecture

Represents a broad framework within

which individual information systems fit.

They are called sub systems.

Design of MIS

Identifying subsystems

Inter connecting sub systems


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Identifying sub systems

Levels of management

Management functions

Organizational functions

MIS support facilities

Sub systems can be identified on the

following basis:


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Inter connecting sub

systemsArranging the sub systems in a proper

way

Connected with each other to achieve

coordination and integration amongthese sub systems.

Each sub systems contributes positively

to other sub systems. Because of this the system generates

synergy.


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Aspects of interconnecting:

Differentiation: differences in specific

features of a sub system thatdifferentiates a sub system from theother sub system so that afterinterconnection, it can be identified.

Integration: quality of state ofequilibrium among various subsystemsthat is required to achieve unity of effortby the system.


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MIS Architecture


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Need for MIS

Decision making

Strategic planning

Management control

Operational planning and control


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Limitations of MIS

Quality of outputs is governed by the

quality of inputs and processes.

Emphasizes on quantitative aspects of a

fact and ignores the qualitative aspect.

May not have requisite flexibility to

quickly update itself with the changing

needs of time.


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Cannot provide tailor made information

for all types of decisions made by the

managers.

Effectiveness is suffered when there arefrequent changes in the top

management.

It is just a tool which provides inputs fordecision making.

Costly affair.


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28089423 Management Information System

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