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Typical ManagementInformation System

Classification of MIS is based on

functional disciplines of management

like marketing , financial etc.

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Producti

on

Finance Personn

el

Marketin

g

Strategic New

plant

location

Alternati

ve

financing

Welfare

policy

Competit

ion

survey

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Tactical Producti

on

bottlenec

k

Variance

Analysis

Perform

ance

appraisal

Advertisi

ng

Operatio

nal

Daily

scheduli

ng

Payroll Leave

records

Sales

analysis

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Logical Foundations of MIS

Online transaction Processing OLTP ,TPC Transaction Processing council etc

Later on MIS and the DSS, what-ifcapability increased

Use of mathematics and statisticallytechniques in form of optimization and

simulation models. These models are collectively known as

models of OR and mgt science.

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Computing science and networking is anotherfoundation of MIS

Summary of foundations :

Data and file structure Databases management

System design and analysis

Computer networking

Expert systems

Information Theory

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Future of MIS

Better land record management will lead to lesslitigation in courts and consequently reduction inviolence in rural areas

More efficient natural resource planning willresult in optimal utilization of water ,oil, electricityetc.

Better banking and financial services with anexcellent service to the customers will ensure

more efficient management of money Improved legal delivery system will help a large

no of small farmers, businessman and commonman by speedy deliver of justice.

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Networked educational institution will

provide a better sharing of resources

among larger population and consequentincreased access to education for much

larger number of aspiring students.

In India its in growing state.

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Changing Role of IT

IT for automation and efficiency

Data capturing

Now for strategic planning , improvecommunication, customer support etc.

Thus EDP is transferred to Business

systems headed by managers

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Changing the Basic approach

Easy access : customers, supplies,

investors and other people should be

users of IT

Communication: intra group

communication should be increased

Multifunctional infrastructure:

Marketing, finance, production etc all

should be integrated and not unifunctional.

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Characteristic features if new ITI

LAN,WAN and Internet should be integralpart of ITI

Focus on global operations

Should provide flexibility to change oftechnology

Should be able to accept unstructured

data form Should be dynamic in nature ie

adaptability

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Changing the corporate

environment Information as an asset

Information must be managed

Information must be shared Commitment to training of personnel

Top management commitment

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BIS in India

Acc to one recent survey, total value of top100 companies is estimated to Rs 1850

Most popular applications are such asfinancial accounting, payroll, inventory,invoicing etc.

Automation of manual processes

Few companies uses first generation mgtsystems

IE still real use of ITI still to come in India

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Business functions and Information

needs of Business It depends on : nature of business and

process of managerial

Following categories:

Marketing functions

Finance functions

Production function

Human resources mgt functions

Information function

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Marketing function and Information

needs Information includes:

Customer contact and promotion information

Sales information

Market research information

Product planning, evaluation, development

information

Pricing information

Budgetary control information

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Finance function and information

needs General ledger accounting Financial planning and budgeting

Assets and liability management Profitability analysis

Cash and fund flow mgt

Evaluation of funds and investments

Cost analysis

Responsibility and profitably reporting

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Production Function and

Information needs Material management and

Production planning and control

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Human resource mgt and

information needs Manpower planning

Selection and recruitment

Training and development Compensation and incentives planning's

Performance appraisal

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Information Management as

Business function Identifying information needs of

organization

Information technology tracking Planning for ITI

Procurement of suitable IT resources

Ensuring proper utilization and security ofITI

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Integration of Business functions

Reducing time cycle

Customer focus

Seamless flow of information acrossfunctions