"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
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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
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strategy is being employed‚ the resulting lack of trust may upset the whole strategy. The Hold Strategy The hold strategy can be a long-term strategy to manage a cash cow‚ or an interim strategy employed until the uncertainties of an industry are resolved. A problem with the hold strategy is that‚ if conditions change‚ reluctance or slowness to reinvest may result in lost market share. Prioritizing and Trimming the Brand Portfolio Reasons to prioritize brands and trim
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Enterprise systems‚ customer relationship management‚ and supply chain management are three enterprise applications. Enterprise systems are based on a suite of integrated software modules and a common central database. Enterprise systems utilize enterprise software to support financial and accounting‚ human resources‚ manufacturing and production‚ and sales and marketing processes. Enterprise systems provide many benefits including an enterprise-enabled organization‚ improved management reporting
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Semester 4 MC0076 – Management Information Systems– 4 Credits (Book ID: B0901) Assignment Set – 1 (60 Marks) Answer all Questions Each question carries TEN marks Q.1 a. Explain the impact of MIS in the area of police Information system. [5 Marks] b. What are the functions and disadvantages of MIS? [5 Marks] Q.2 a. write a scenario which shows the applications of OLAP systems. [5 marks] b. How Information technology influences
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employ computer system to maintain patient record and its detailed records of medical history of their patient. Yichang (2011) stated “along with information network era widely accepted‚ the safety of information system faces a challenge and it is also seems to be necessity to evaluate its security risk”. According to fuzzy comprehensive judgment theories‚ this text analysis the risk factors the information system involves from system risk‚ network risk‚ security management system‚ environment‚ and
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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
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services millions of people across the globe. UPS specializes in logistics and distribution‚ transportation and freight by air‚ sea‚ ground and rail‚ as well as international trade management and customs brokerage. With over 70‚900 retail access points‚ an aircraft fleet of 562 jets and a delivery fleet of 101‚000 automobiles‚ UPS is able to serve approximately 8.8 million customers a day (UPS ‚ "Worldwide"). With annual sales in the billions of $49.5‚ $53.1 & $54.1 and annual profits of $5.6‚ $6
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1. AUTOMOBILE INDUSTRY – INTRODUCTION 1.1 EVOLUTION OF AUTOMOBILE INDUSTRY: The evolution of the automotive industry has been influenced by various innovations in fuels‚ vehicle components‚ societal infrastructure‚ and manufacturing practices‚ as well as changes in markets‚ suppliers and business structures. Some historians cite examples as early as the year 1600 of sail-mounted carriages as the first vehicles to be propelled by something other than animals or humans. However‚ it is believed by
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Assignment # 3 1a) List the columns of the two tables. Students (Student ID‚ firstName‚ lastName‚ Course ID) Courses (Course ID‚ CourseName) b) For each of the tables you created‚ what are the candidate keys? There are Students Table and Courses Table. Students Table: Candidate keys include student ID‚ firstName and lastName. Courses Table: They candidate key is the Course ID and courseName. c) For each of the tables you created‚ what is the primary key? The primary key of Students
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