Showing posts with label Management Information System. Show all posts
Showing posts with label Management Information System. Show all posts

Wednesday, July 16, 2014

Discuss about the organizational structures based on information systems.

Answer: Managerial decisions are made within the structure of an Organization, where an organizational structure identifies, among other things, the level of responsibility or authority and the scope of control that employees of the organization have. There are two types of organizational structures the pyramid, or hierarchical, structure and the task-based structure.

The pyramid structure:
One of the most popular organizational structures is the traditional pyramid or hierarchical structure in which the chief executive officer (CEO) and the top managers are at the top of the pyramid and non managerial employees (staff) form its base. Middle mangers fall somewhere between top management and staff. Let us take a closer look at these three levels.

  • Lower level manager: Lower level managers are responsible for the day-to-day operations, activities, and transactions of an organization, which may include inventory control, payroll, processing sales transactions, and keeping track of employee work hours. They are responsible for the short-term performance of the company and mostly perform structured tasks, which are routine, are easily understood, and do not require intuition or judgment. For example, calculating necessary to solve structured problems is readily available and easily applicable to the given problem.

  • Middle level manager: The next layer in the hierarchical organization comprises of middle managers, who coordinate, control, and monitor various activities in an organization and act as liaison between operational managers and top managers. The tasks performed by middle managers are partly structured and partly ambiguous, or unstructured; hence these tasks are called semi-structured. Semi structured tasks include assessing the impact of an increase in operational costs on company profits, appraising the impact of a new tax law on return on investment and so on.

  • Top level manager: Finally, the top layer of the pyramid consists of top managers, who establish the vision and the long term goals of organization and chart its overall course. The decisions of top managers tend to unstructured—that is, decisions that rely heavily on intuition, judgment, and experience. Unstructured decisions include assessing the way of competitors may react to a new marketing strategy, predicting the impact of changes in the global economy, developing global competitive strategies and so on.

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Tuesday, July 15, 2014

What do you understand by Management Information System? Discuss the scopes of Management Information System.

Answer: Management information systems are a broad class of systems that provide decision makers with the information necessary to make effective decisions in a world that has almost overnight become an “electronic showroom”. Such systems are competitive tools that allow organizations to create new, innovative products and service quickly, efficiently, and effectively. For an example, computer and information systems are playing a vital role in the growth of Pioneer Hi-Bred into one of the most successful agricultural companies in the world. They are helping the company in many ways, such as reducing the time it takes to bring goods to market and improving inventory management.
MIS


The field or scopes of management information systems:
The field of management information systems (MIS) is the study of information and its impact on the individual, the organization, and society. Quite often, when we think about information systems we think of computers. Although computers are at the heart of today’s information systems, a number of important social, organizational, behavioral, and ethical issues also surround the study of information systems. An appropriate analogy is the field of medicine. Medicine and its branches revolve around the human body and its various parts are functions. Areas that continue to influence the field of MIS include;

  1. Computer science: Computer science theories and methods of computation, efficient data storage and access and their impact on information.
  2. Political science: The political impact and uses of information both within and outside the organization.
  3. Psychology: Psychology is the cognitive models of human reasoning and behavior as they relate to information.
  4. Operations research: Operation research is the scientific models that enhance decision making and make use of information to solve complex problems.
  5. Linguistics: Linguistics is the languages and human communications and other influence on the creation and use of information.
  6. Sociology: Sociology is the principles governing society as it relates to shaping information policies and principles.
  7. Organization theory and behavior: Organization theory and behavior is the nature and characteristics of organizations and their effect on the way human brings use information to make decisions.

MIS is a system that creates, processes, stores, and generates information within and outside an organization. A system is a collection of parts that work together to achieve a common goal.

Management Information System (MIS)

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Management Info System.

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Q. What do you understand by Management Information System?

Q. Discuss the scopes of Management Information System.

 
Answer: Management information systems are a broad class of systems that provide decision makers with the information necessary to make effective decisions in a world that has almost overnight become an “electronic showroom”. Such systems are competitive tools that allow organizations to create new, innovative products and service quickly, efficiently, and effectively.....Read More.


Q. Why students should study Management Information System?
Q. Why organization’s Need Information Systems?

 
Answer: Today, every student, regardless of his or her area of specialization, must have a solid foundation in the theory and principles of information systems. There are several reasons for this....Read More.