Use of information system on different management levels and real time examples of each level All businesses share one common asset, regardless of the type of business. It doesn’t matter if they produce goods or provide services. It is a vital part of any business it may be sole proprietorship or a multinational corporation. That common asset is information. Information enables us to determine the need to create new products and services. Information tells us to move into a new markets or exit from other markets. Without information we cannot make the goods, orders cannot be placed, materials cannot be provided, the finished goods cannot be delivered, the customers cannot be charged and the business cannot survive. But when information is not in organized form it has a lesser impact. In order to maximize the value from information system it must be captured, analyzed, quantified, manipulated, and made accessible and shred throughout the organization. Information system
An information system is a computer system that facilitates management and other employees within an organization with up to date information regarding the organization performance. Let’s take an example of current inventory and sales. Normally it is connected to a computer network, which is created by integrating different computers together with the purpose of sharing data and resources. It is designed in such a way that it can capture, transmit, store, retrieve, manipulate, and display information used in one or more business process. This system provides information in such a way that it is useable by all management levels of the organization like strategic, tactical and operational. Information system can be defined technically as a set of interrelated components that collect or retrieve, process, store, and distribute information to support decision making and control in an organization. By the word information we mean data that has been converted into a meaningful form, which is useful for us. Managers are organizational members who are responsible for the work performance of other organizational members. Managers have formal authority to use organizational resources and to make decisions. In organizations, there are typically three levels of management: top-level, middle-level, and front-level. These three main levels of managers form a hierarchy, in which they are ranked in order of importance. In most organizations, the number of managers at each level is such that the hierarchy resembles a pyramid, with many more first-level managers, fewer middle managers, and the fewest managers at the top level. Each of these management levels is described below in terms of their possible job titles and their primary responsibilities and the paths taken to hold these positions. Additionally, there are differences across the management levels as to what types of management tasks each does and the roles that they take in their jobs. Finally, there are a number of changes that are occurring in many organizations that are changing the management hierarchies in them, such as the increasing use of teams, the prevalence of outsourcing, and the flattening of organizational structures. Top level managers
Top level managers are also called senior managers or executives. These individuals are at the top one or two levels in an organization, and hold titles such as: Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operational Officer (COO), Chief Information Officer (CIO), and Chairperson of the Board, President, Vice president, and corporate head. Top-level managers make decisions affecting the entirety of the firm. Top managers do not direct the day-to-day activities of the firm. They set goals for the organization and direct the company to achieve them. Top managers are ultimately responsible for the performance of the organization. Executive information system:
For top level manager a system is used which is called executive information...
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