Management Information Systems

Management Information Systems

Explanation: includes the strategic plan and the product-service description. You will need to research the mission, vision and values of the real business you selected. Write the fictional name you chose for this business along with its mission, vision and values. Additionally, select the main business products or services and describe them.

Part 2.

· Functional areas categories

· Types of information systems used (ESS DSS MIS TPS)

Explanation: includes the description of the company functional areas according to the pyramid explained in the second week summary. A description of the types of information systems the company uses is also required.

Part 3. 

· Michael Porter’s competitive forces model – analysis

· Additional information of the firm (organization chart, history, and any other relevant information)

Explanation: includes Michel Porter’s 5 forces analysis based on the business you selected. Explain how your business would apply each of the 5 Porter’s forces. Include additional information about the firm, such as organization chart, history, and any other relevant data.

Part 4.

· E-Business design:

Strategy description: Low-cost leadership; product differentiation; focus on market niche; strengthen customer and supplier intimacy.

Business Model description.

· Integration with supplier and customers: back-office and front office software applications. o Implementation

Strategy implementation (Technology Strategy)

· Conclusions and recommendation

Chapter 2

The Business Process and their optimization using Information systems

Functional Areas and Categories of Information Systems

FUNCTIONAL BUSINESS PROCESSES

Types of Information Systems

Types of Information Systems

1) Transaction Processing Systems (TPS)

A transaction processing system is a computerized system that performs and records the daily transactions necessary to conduct business,

routine such as payroll, sales order entry, hotel reservations,

employee record keeping, and shipping.

A Payroll TPS

A TPS for

payroll

processing

captures

employee

payment

transaction data

(such as a time

card). System

outputs include

online and hard-

copy reports for

management

and employee

paychecks.

Types of Information Systems

Types of Information Systems

Systems for Business Intelligence

2) The term management information systems (MIS) also designates a specific category of information systems serving middle management. Oriented to INTERNAL operations.

events. Summarizes and report basic

MIS provide middle managers with reports on the organization’s current used to monitor and future performance.

performance. This information is control the business and predict

Types of Information Systems

Types of Information Systems

Systems for Business Intelligence

3) Decision-support systems (DSS) focus on problems

are unique and rapidly changing, and not easily specified

advance. It has more ANALYTICAL POWER (a tool for

analysis). Used for decision making.

that in

They try to answer questions such as these: What would the impact on production schedules if we were to double

be

sales in the month of December? What would happen to our

return on investment if a factory schedule were delayed for six

months?

Example: American Airlines produced a DSS that helps decide how much to overbook and

plane how to

set prices for each seat so that a is filled and profits are maximized.

Source: Boundless. “Decision Support Systems.” Boundless Marketing. Boundless, 26 May. 2016.

Types of Information Systems

Types of Information Systems

4) Senior managers use executive support (ESS) to help them make decisions.

systems

ESS serves the strategic level of the organization.

They address non-routine decisions requiring judgment, evaluation, and insight because there is no agreed-on procedure for arriving at a solution.

They consider external events.

This system pools data from diverse internal and external

sources and makes them available to executives in an

easy-to-use form.

A digital dashboard delivers comprehensive and accurate information for decision making often using a single screen. The graphical overview of key performance indicators helps managers quickly spot areas that need attention.

Types of Information Systems

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