Preview

Management Information System

Powerful Essays
Open Document
Open Document
3732 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Management Information System
MIS
A management information system (MIS) provides information that organizations need to manage themselves efficiently and effectively. Management information systems are typically computer systems used for managing five primary components: hardware, software, data, procedures, people. Management information systems are distinct from other information systems, in that they are used to analyze and facilitate strategic and operational activities. Academically, the term is commonly used to refer to the study of how individuals, groups, and organizations evaluate, design, implement, manage, and utilize systems to generate information to improve efficiency and effectiveness of decision making, including systems termed decision support systems, expert systems, and executive information systems. Data
Data are values of qualitative or quantitative variables, belonging to a set of items. Data in computing are represented in a structure, often tabular, a tree or a graph structure. Data are typically the results of measurements and can be visualised using graphs or images. Data as an abstract concept can be viewed as the lowest level of abstraction from which information and then knowledge are derived. Raw data, i.e., unprocessed data, refers to a collection of numbers, characters and is a relative term; data processing commonly occurs by stages, and the "processed data" from one stage may be considered the "raw data" of the next. Information
Information, in its most restricted technical sense, is a sequence of symbols that can be interpreted as a message. Information can be recorded as signs, or transmitted as signals. Information is any kind of event that affects the state of a dynamic system. Conceptually, information is the message being conveyed. The meaning of this concept varies in different contexts. Moreover, the concept of information is closely related to notions of constraint, communication, control, data, form, instruction, knowledge, meaning,

You May Also Find These Documents Helpful

  • Powerful Essays

    Itm301 Ca1

    • 1086 Words
    • 5 Pages

    Information is something you gather from past experiences, studying, watching the news and instruction. Information is something that you have been gathering since you were an infant, you are constantly adapting to your surroundings based on the information you receive. Most information was probably from bad experiences that you don’t want to relive again, but there are some occasional good informal experiences as well. Information is vital in everyday life, most importantly in the military and police force. Without it we can’t protect and defend.…

    • 1086 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Research

    • 12175 Words
    • 49 Pages

    Information is processed data that becomes of use to someone as raw data on its own does not provide the kind of information that can be used for beneficial purposes. Information is meaningful, relevant and helps the user develop an understanding of the data that did not provide any coherence or certainty in what it represented.…

    • 12175 Words
    • 49 Pages
    Powerful Essays
  • Good Essays

    Are sales (revenues) growing steadily, and, if so, at what rate? What is the cost of goods sold compared to revenues? Is it increasing or decreasing? Are the firm’s gross and net margins increasing or decreasing? Are the firm’s operating expenses increasing or decreasing? Is the firm heavily in debt? Does it have assets to pay for expenses and to finance the development of new products and information systems?…

    • 309 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Indentify how Harrah's used IT to get competitive advantage in “Diamonds in the Data Mine” by Gary Loveman.…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    1: How do the IT investment strategies and focus of FedEx and its main competitor UPS differ? Which Company has the better strategy? Why?…

    • 1199 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Knowldge Management

    • 1324 Words
    • 6 Pages

    Information... information is data that has been given meaning by way of relational connection. This "meaning" can be useful, but does not have to be. In computer parlance, a relational…

    • 1324 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Itmg

    • 1831 Words
    • 8 Pages

    * Information – Refers to data that have been organized so that they have meaning and value to the recipient.…

    • 1831 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    | Information is the things that have specific meaning or the activity can be explained because we know the meaning or value. The data has been organized to give output to recipient. Example: the computer is brand new and has in good shape.…

    • 859 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Each company has an information system that uses data, knowledge, and information in order to make operations more effective. Although this system may vary, each company records some type of data, analyses it, and uses the feedback to make decisions or changes through tout the company. This is having an information system within the company. Throughout this essay, information systems will be discussed and applied to information theory.…

    • 833 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    2.What are the Technologies used by United Parcel Service? How are these technologies related to UPS’s business strategy?…

    • 358 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Inputs: The inputs include package information, customer signature, pickup, delivery, time-card data, current location (while en route), and billing and customer clearance documentation.…

    • 2580 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Management Information System

    • 52151 Words
    • 209 Pages

    Tool Kit for Public–Private Partnerships in Urban Bus Transport for the State of Maharashtra, India…

    • 52151 Words
    • 209 Pages
    Powerful Essays
  • Good Essays

    How does the leading clothing retailer in Sri Lanka actually conduct their operations so efficiently to satisfy not only the domestic market, but also its international market? Not visible to those who visit their shopping arcades or visit their online store, there is an advanced Information Technology enabled system with professionals working tirelessly to provide their customers with a satisfying shopping experience.…

    • 3506 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Select one of the Electronic Data Interchange (EDI) linkages that Margaret identified in the meeting, the one you believe will benefit the company the most and be the most feasible to implement.…

    • 2411 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Maxis Berhad is a leading telecommunication company in Malaysia with more than 11.4 million mobile subscribers, Maxis has been providing a full suite of services on multiple platforms to fulfill the telecommunication needs of individual consumers, SMEs and large corporations in Malaysia. Other than that, Maxis Berhad is offering on postpaid services under the Maxis brand and via prepaid formast under the Hotlink. It uses the dialling prefix identifier of "012", "014" and "017". The uses of different brands are to support each other by synergy value. It helps Maxis Berhad to maintain and develop prepaid businesses while keep on maintaining their growth in postpaid field.…

    • 5289 Words
    • 15 Pages
    Powerful Essays