Management information system, Management Information Sys

Assignment Help:

Management Information System

Alvin Toffier, in his' celebrated work 'Third Wave' mentions that the world is accelerating towards an information softy. People, no matter where and who they are, have been increasingly feeling and witnessing the overwhelming impact of information activities. Information technology and its products have been incorporated into business machines and home appliances. They are available for immediate use on their desktop, and are also transforming the ways in which people live and communicate with orb another. The nucleus of information society hinges on the easy acquisition, processing, production and dissemination of information Basically, information is intellectual knowledge which is generally viewed differently from the definition of data. Data generate information through manipulation. The system which performs the data-to-information process is called an information system. In other words, an information system is a collection of people, procedures, and equipment designed, built; operated and maintained to collect, record, process, store, retrieve and display information. From a technical perspective Sage defines an information system as an input output structure which acquires, stores, and processes data, and produces and/ or disseminates information in an organised manner". (Sage, 1990). In practice, the term is used in a very general sense both in technical literature and in general publications. Sometimes the term information processing system is used when the focus is on the processing rather than on its use. Also, the term data processing system is frequently used synonymously with information processing system.Certainly a difference arises when an attempt is made to distinguish between data and information. The concept of an information system is not something pertaining only to the electronic computer or other modern machines. The human mind is one of the oldest information systems  in nature. With the invention of the printing press, the library (or equivalent of a system) has become firmly established as an information system, which is not only able to store information indefinitely but is also able to transmit and distribute the information to anyone anywhere at a relatively low cost. Other examples of such systems include bank systems, corporate planning systems and management decision-making systems. 8 Information System and Networks  With the knowledge explosion in the technological world, awareness as well as demand for automated tools and devices to generate, modify, store, retrieve, transmit and receive large quantities of information has witnessed a remarkable growth. It has become the logical step to employ the modern digital computer and related peripheral devices to accomplish the goal of automated information systems. It is computerised systems which are employed nowadays for the purposes of information storage, processing retrieval and dissemination. Hence, the discussion in this Unit will be confined to computer-based information system.  

1221_information system.png

1670_system analysis.png


Related Discussions:- Management information system

MB0038, Describe in detail the workflow of HRM that deploys ERP systems wit...

Describe in detail the workflow of HRM that deploys ERP systems with a neat Diagram

Managing innovation, What are the different network perspectives in innovat...

What are the different network perspectives in innovative research? Why do authors differ in how they define innovation networks? How can networks influence actions of its members?

Obective question, 1. A computer-based information system consists of which...

1. A computer-based information system consists of which of the following elements? A. Computers, keyboards, display monitors, hard disks, and printers B. People, procedures, data,

Functions of middle level managers, functions of middle level managers in s...

functions of middle level managers in steel industries

Non-it activity to outsource its it function, Question: (a) What could...

Question: (a) What could be the motivations for a small and medium enterprise engaged in a non-IT activity to outsource its IT function? (b) What could be the risks for t

Costco, the tasks that costco must accomplish for each primary value chain ...

the tasks that costco must accomplish for each primary value chain activity

Information and communications technology, The invention of communication t...

The invention of communication technology signifies effectiveness in organizational communication.  Since your organization is practicing 'classical approaches' in your management

What do you meant by disintermediation, Problem: (a) Name and explain ...

Problem: (a) Name and explain the various categories of electronic commerce. Give one example of each. (b) What do you meant by disintermediation, and how does it benefit

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd