IS Introduction

Introduction

• Role of Information system (IS) in Business envt.
  • IS is an integral part of any business to collect, organise, manage, analyse and interpret the business information meaningfully.
• MIS: Management information system
  • Computer resources to
    • perform transaction processing for formal processing
    • reporting system to accomplish managerial decision support
• Activities of MIS
  • collection of raw data
  • processing into meaningful results
  • Interpret and transfer of results to consumers or managers for decision making
• Nature and Scope of IS
  • broad concept rather than a system
  • integrated with data processing
  • designed for knowledge or decision making function
• Classification if IS
  • perform transaction processing for formal processing
  • reporting system to accomplish managerial decision support