"Management information system is essential for creating competitive firms‚ managing global corporations‚ and providing useful products and services to customers." (Laudon‚ 2002‚P1) It provides information figure of reports and displays to managers. For example‚ sales managers may use their computer workstations to get sales results of their products and to access weekly sales analysis reports‚ and then evaluate sales made by each salesperson. "Management information systems arose in the 1970s to
Premium Decision theory Information systems Management
banking on this platform to their customers. Mobile banking has until recently (2010) most often been performed via SMS or the Mobile Web. Apple’s initial success with I -Phone and the rapid growth of phones based on Google’s Android (operating system) have led to increasing use of special client programs‚ called apps‚ downloaded to the mobile device. A mobile banking conceptual model: In one academic model‚ mobile banking is defined as: Mobile
Premium Mobile phone Bank
for $2000 to paint Buck’s house so that Buck can place the house on the market. He realizes that he will not be able to paint Buck’s house before Buck sells the house. He calls Buck and tells him he cannot perform the contract. Which statement is NOT true about this contract? Your answer: Buck’s obligations under the contract are terminated. The correct answer: Buck may sue Cecil for any damages‚ but he must wait until the contract is formally breached (e.g.‚ the time in the contract has expired).INCORRECT
Premium Contract Damages
The role of information systems in Supply Chain Management Introduction The purpose of this essay is to explore and evaluate the various approaches that can be taken to facilitate the management of supply chains. Supply Chain Management - A terminological background The Institute for Supply Chain Management has defined supply management as "the identification‚ acquisition‚ access‚ positioning and management of resources an organisation needs or potentially needs in the attainment of its strategic
Premium Supply chain management
conducting business . Information system are the foundation of fast paced supply-chain. The internet allows many business to sell ‚ advertise ‚ and solicit customer feedback online. Organizations are trying to become more competitive and efficient by digitally enabling their core business processes and evolving into digital firms. The internet has stimulated globalization by dramatically reducing the cost of producing ‚ buying ‚ and selling goods on a global scale. New information system trends include
Premium Strategic management Management Business process modeling
Management and organizations facing constantly changing problems‚ diverse managerial styles‚ and ever present information needs offer a challenging context for developing computer based information systems. MIS uses computer technology to provide information and decision support to managers‚ helping them becomes more effective. Developments in the young computer industry are changing corporate management style. A management information system (MIS) is a system that provides information needed to
Premium Decision theory Management Information systems
JLMC 101 FINAL TEST 1. A(n)____is a tentative general statement that predict a relationship between a department and an independent variable 2. About ____of the world’s population cannot afford most of the products advertised on the American‚ Japanese‚and European television. Two-thirds 3. What company ran a government- approved-and regulated monopoly for that a hundred years until its breakup in the mid-1980s AT&T 4. Which of the following is an example of a media product that is supported through
Premium Marketing Decision making Economics
Management Information Systems Chapter 2 COMPONENTS OF A BUSINESS A business is a formal organization whose aim is to produce products or provide services for a profit – that is‚ to sell products at a price greater than the costs of production. ORGANIZING A BUSINESS: BASIC BUSINESS FUNCTIONS The decision of what to produce is called a strategic choice because it determines your likely customers‚ the kind of employees you will need‚ the production methods and facilities needed‚ the marketing themes
Premium Collaborative software Management Knowledge management
Chapter 10 Multiple Choice 1. IT applications can be developed in which of the following ways? a) build the system in-house b) buy an application and install it c) lease software from an application service provider d) outsource it e) all of the above Ans: e Response: See page 302 2. The information systems planning process proceeds in which order? a) organization mission – organization strategic plan – IS strategic plan – new IT architecture b) organization mission – IS
Premium Management Project management Information
Taylor Bridges Final Exam Essay Questions 1. After this class and taking all the different assessments and inventories‚ my number one career choice as of right now is an Elementary School Teacher. The tests have actually helped me learn a lot about myself and helped me determine what certain fields of work I would succeed in. Being an Elementary School Teacher would be a fulfilling career‚ and would allow me to be creative and interact with children‚ which are two things that are very important
Premium History of education Education School