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