Difference between revisions of "IS Introduction"

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* Role of Information system (IS) in Business envt.
* 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.  
** IS is an integral part of any business to collect, organise, manage, analyse and interpret the business information meaningfully.  
** Objectives of IS
*** Solve a problem
*** Capitalize on an opportunity
** Respond to a directive
** 5Cs for intiating IS
*** Capability
*** Control
*** Communication
*** Cost
*** Competitive Advantage
* MIS: Management information system
* MIS: Management information system
** Computer resources to
** Computer resources to

Revision as of 20:17, 9 January 2010

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.
    • Objectives of IS
      • Solve a problem
      • Capitalize on an opportunity
    • Respond to a directive
    • 5Cs for intiating IS
      • Capability
      • Control
      • Communication
      • Cost
      • Competitive Advantage
  • 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