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    Management Information System

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    Licensed to: iChapters User Licensed to: iChapters User Management Information Systems‚ Sixth Edition by Effy Oz Product Manager: Kate Hennessy Developmental Editor: Deb Kaufmann Editorial Assistant: Patrick Frank Content Project Manager: Aimee Poirier Marketing Manager: Bryant Chrzan Marketing Specialist: Vicki Ortiz Compositor: GEX Publishing Services Print Buyer: Justin Palmeiro Cover photo: ©Walter Pietsch / Alamy Images COPYRIGHT © 2009 Course Technology‚ a division of Cengage

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    MANAGEMENT INFORMATION SYSTEMS 8/E Raymond McLeod‚ Jr. and George Schell MANAGEMENT INFORMATION SYSTEMS 8/E Raymond McLeod‚ Jr. and George Schell Unit 1 Introduction to the Computer-Based Information System & Using Information Technology for Competitive Advantage 1-1 Copyright 2001 Prentice-Hall‚ Inc. Copyright 2001 Prentice-Hall‚ Inc. Chapter 1 Introduction to the Computer-Based Information System 1-2 Information Management Five Main Resources Personnel Material  Machines

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    to understand the impact of management information on decision making Definitions of Management Information System: “The study of MIS is not about the use of computers‚ it is about the provision and use of information relevant to the user. Computers are one - albeit important - means of producing information and concentration on the means of production rather than the needs of the user can lead to expensive mistakes." (Lucey [1997] pg 195) “A system to convert data from internal

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    A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectivel.Management information systems are typically computer systems used for managing. The five primary components: 1.) Hardware‚ 2.) Software‚ 3.) Data (information for decision making)‚ 4.) Procedures (design‚development and documentation)‚ and 5.) People (individuals‚ groups‚ or organizations). Management information systems are distinct from other information systems

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    statement is false. 1) Operational management is responsible for directing the day - to- day operations of the business and therefore needs transaction - level information. 1) 2) You would use an MIS to help decide whether to introduce a new product line. 2) 3) Online collaboration tools eliminate the need for global firms to have synchronous collaboration. 3) 4) Transaction processing systems are most commonly used by the senior management level of an organization. 4)

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    configuration tables provided by the enterprise software to tailor a particular aspect of the system to the way it does business. Answer TRUE Diff 2 Page Ref 338 AACSB Use of IT CASE Comprehension Objective 9.4 2) Enterprise systems are typically built around one or two major business workflows. Answer FALSE Diff 1 Page Ref 338 AACSB Use of IT CASE Comprehension Objective 9.1 3) Enterprise systems are designed primarily to allow communication between an organization and outside partners and

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    reduce their operating costs and become more efficient. In doing an analysis of the General Motors using Porter ’s Competitive Model these influences become clear and opportunities for the company to reduce costs and increase efficiency using information systems becomes obvious. Porter ’s Competitive Model is a model used to describe the interaction of external influences; specifically threats and opportunities that affect an organizations strategy and ability to compete [Laudon & Laudon‚ 2005‚ p.

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    1) Define Information Technology. Describe various types of information systems. Is Information Technology as vital to modern global business as money? Why or why not? Discuss some trends in IT development. Ans: In order to define Information Technology‚ let me define the term information first. By the term "information" we mean data that has been shaped into meaningful form that is useful to human beings. Data‚ in contrast‚ are streams of raw facts representing events occurring in the organization

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    enterprise systems help businesses achieve operational excellence? Define an enterprise system and explain how enterprise software works. Enterprise system is an integrated enterprise-wide information system that coordinates key internal processes of the firm. Enterprise software consists of a set of interdependent software modules that support basic internal business processes. Set of integrated modules for applications such as sales and distribution‚ financial accounting‚ investment management‚ materials

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    Question 1 : In the 21st century‚ information technology has emerged as the fundamental technology of business. Explain how it has helped business and state examples of real time situation which you have read about of experienced. Decision Support‚ Problem Analysis and Overall Control Business managers often need to make decisions that can affect the business’ fortunes one way or other. For example‚ a company with sales outlets or distributors spread over a wide geographic area might want to

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