What i've learned in my MIS subject?

-I've learned a lot in my MIS subject, about information system how it is important to us and also to the people who have their own business. because if you have the system in you business or company you can easily access to your sales target and information. Because it is accurate and detailed.

- and also the strategy, how to solve the problem in a certain company by using the information system...

MIS - assignment 4

• Effectiveness- Degree in which objectives are achieved and the extent to which target problems are resolved.
• Efficiency- A general term capturing the amount of waste or other undesirable features. How efficient is the trading going on the financial market.
  
• Pro ducting- Is a measure of output from a production process per unit of input.

Ex. Labor productivity is typically measure as a ration of output per labor hour an input,

MIS - assignment 3

1. Explain why strategy or strategic moves are important in business?
-Strategic Planning is an organizations process of defining its strategy, or direction and making decision in allocating its resources to pursue this strategy, including its capital and people.
It is also true that strategic planning may be a tool for effectively plotting the direction of a company.
2. Illustrate how information system can give business a competitive advantages?
-Information system provides Internal control in business and other organization
Business computer were used for the practical business of computing the payroll and keeping track of account payable and account receivable.
3. Identify the basic initiative for gaining a competitive advantages?
-Various business analysis techniques can be used in strategic planning, including SWOT ANALYSIS (strength, weaknesses, opportunities and threats) and REST ANALYSIS (political, economical social and technology analysis) or STEER ANALYSIS (socio-cultural, technological, economic,ecological and regulatory factors) and Epistle ( environment, political, informatics, social, technology, economic and legal).

Management Information System

1. Define close versus open system.
- open system, system that is capable of self-maintenance on the basis throughbut of resources from the environment.
- close system, system in which the specifications are kept secret to present interference from third parties.

2. What is Information System?
- is usually a commerce and business administration discipline & frequently involves software development. Consists of all the components that work together to process date & produce information.

3. What is Information Map?
- it is derived from an analysis of the functions, activities & transactions, to achieve its goals & strategies such as teaching, research & governance or finance.

4. What is Information System?
- The study design development implementation support or management of computer based information system particularly software.

5. Components of Information System.
- Hardware & Software
- Data/ Information
- Procedure/ Policies
- People
- Purpose
- Communication Network

6. Exmaples of Information System
- Transaction Processing System
- Management Information System
- Decision Support System
- Office Automation
- Business Intelligence

Management Information System

Explain why information system are essential to business.
-Information system is essential in business establishment & companies b'coz it provides internal control, provides manager with tools for organizing, evaluating & efficiency in running their departments, to provide past, present, future prediction that helps in decision making.
2. Define data vs. information.
-Data is the raw material in the production of information.
-Information on the other hand, is facts or conclusions that have meaning within a context
3. What is a System?
-System is an array of components that work together to achieve a common goal, by accepting inputs, processing them, and producing outputs in an organized manner.