MIS Tasmi

An organized approach to the study of the information needs of an organizations management at every level in making operational, tactical, and
strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner. In a management information system, modern, computerized systems continuously gather relevant data, both from inside and outside an organization. This data is then processed, integrated, and stored in a centralized database (or data warehouse) where it is constantly updated and made available to all who have the authority to access it, in a form that suits their purpose. Digital Firm: The digital firms can be defined along several dimensions. A digital firm is one in which nearly all of the organizations significant business relationships with customers, suppliers, and employees are digitally enabled and mediated. Core business processe: Core business processes are accomplished through digital networks spanning the entire organization or linking multiple organizations. Business processes refer to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated. Developing a new product, generating and fulfilling an order, creating a marketing plan, and hiring an employee are examples of business processes, and the ways organizations accomplish their business processes can be a source of competitive strength. Key corporate assets Key corporate assets is intellectual property, core competencies, and financial and human assetsare managed through digital means. In a digital firm, any piece of information required to support key business decisions is available at any time and anywhere in the firm .Digital firms sense and respond to their environments far more rapidly than traditional
firms, giving them more flexibility to survive in turbulent times. Digital firms offer extraordinary opportunities for more global organization and management. By digitally enabling and streamlining their work, digital firms have the potential to achieve unprecedented levels of profitability and competitiveness. Time Shifting refers to business being conducted continuously,24/7,rather than in narrow workday time bands of 9 A.M to 5 PM . Space shifting means that work takes place in a global workshop, as well as within national boundaries. Information can flow seamlessly among different parts of the company and between the company and external entitiesits customers, suppliers, and business partners. More and more organizations are moving toward this digital firm vision.
PERSPECTIVES ON INFORMATION SYSTEMS Information systems can be best be understood by looking at them from both atechnology and a business perspective. What Is an Information System? An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision-making and control in an organization. In addition to supporting decision making, coordination, and control, information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products. Information systems contain information about significant people, places, and things within the organization or in the environment surrounding it. By information we mean data that have been shaped into a form that is meaningful and useful to human beings. Data, in contrast, are streams of raw facts representing events occurring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use.
Three activities in an information system produce the information that organizations need to make decisions, control operations, analyze problems, and create new productsor services. These activities are input, processing, and output. Input captures or collects raw data from within the organization or from its external environment. Processing converts this raw input into a more meaningful form. Output transfers the processed information to the people who will use it or to the activities for which it will be used. Information systems also require feedback, which is output that is returned to appropriate members of the organization to help them evaluate or correctthe input stage.
FIGURE 1-6 Functions of an information system An information system contains information about an organization and its surrounding environment. Three basic activitiesinput, processing, and outputproduce the information organizations need. Feedback is output returned to appropriate people or activities in the organization to evaluate
and refine the input. Environmental factors such as customers, suppliers, competitors, stockholders, and regulatory agencies interact with the organization and its information systems.
How Strategic Objectives Of Business Information Systems
Business processes are tasks and behaviors that organizations develop to produce specific business results. Corporate assets are developed through digital means. Electronically integrate business processes has become much more agile and adaptable and changing demands of suppliers and distributors. Strategic objectives of business information systems, what a company wants to get depends on what you are able to make their systems, increase sales with new high quality products at lowprices. There are six strategic objectives: Operational excellence: Improve operational efficiency for high profitability. The power of systems with very smart business practices and administration get an excellent operational efficiency. New products, services and business models: Systems and information technologies can create new products, services, and new business models. A business model is the way it is produced, distributed and sold to create wealth.
Good relationships with customers and suppliers: If it is a good example of how customers like to go back and buy more, increasing revenue and profits. The same applies to suppliers. The use of information technology systems and achieve good customer relations and supplier. Improved decision-making: Systems and information technology managers have made use of market data in real time when making decisions. Competitive Advantage It is when it gets one or more of these business objectives. Do better than their competitors do. Survival: Systems and information technology are necessary for business. There are ordinances, state, and federal regulations that require companies and their employees, keep records, including digital records.

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An organized approach to the study of the information needs of an organizations management at every level in making operational, tactical, and

How Strategic Objectives Of Business Information Systems

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