MANAGEMENT AND INFORMATION SYSTEMS

Management and Information Systems

Management and Information Systems

Introduction

Management data scheme is absolutely crucial for conceiving comparable companies, organising international companies, and supplying helpful goods and services to customers." (Laudon, 2002,P1) It presents data number of accounts and exhibitions to managers. For demonstration, sales managers may use their computer workstations to get sales outcomes of their goods and to get access to every week sales investigation accounts, and then assess sales made by each salesperson.

 

Analyze the goals and objectives using the mission statement as the basis.

“Mission statement schemes originated in the 1970s to aim on computer-based data schemes directed at managers." (Laudon, 2002, P15). Because of the growths of the Internet, globalisations of trade, and the increase of data finances, have to advance the function of data schemes in enterprise and management. And then it desires buys vigilance to administration data that matters increased by sociology, economics, natural environment and psychology. "An association is a steady, prescribed communal structure that takes assets from the natural environment and methods them to make outputs." (Laudon, 2002,P87) This term paper will be assessing the assistance of Management Information System to Organisations. Like as What connection between data and manager's job; computer network's significance for administration data development; distinct kinds of administration data schemes to use dissimilarities and how it is influence and limitation of data systems.

   

2. Critically evaluate the strengths and weaknesses, taking into consideration all the environmental factors.

Firstly, before administration Management Information require to realise it that have four components work out the utility of data a manager: value, timeliness, completeness, and relevance (Gareth, 2000,P613)

     "Accuracy and reliability work out the value of information." (Gareth, 2000,P613) notify us higher value of data requires have larger correctness and reliability. The larger correctness and reliability's data will convey correct conclusion for manager. For demonstration, accounting information's, " data as correctness mentions to the span to which data competently comprises a position as it actually is, the correctness of each source of facts and numbers utilised diverse widely."((Volking, 1993, P8)

     The source where correctness impersonated the utmost difficulty was the trading database. So I believe utility information's require have correctness and reliability, correctness and reliability worked out the value of information.

     "Information that is timely is accessible when it is required for managerial activity, not after the conclusion has been made" (Gareth, 2000,P614) in today's speedily altering world and expertises evolving, lead to data altering frequently. Real-time Information is mirroring present conditions. (Gareth, 2000,P614) For demonstration, productions' cost altering often in trading because supervisor likes to make earnings in competitions marketing. So supervisor should be yield vigilance to information's changing. Catch Real-time data is very importance. Look at timeliness in accounting

     "Timeliness: accounting data should be made accessible to external decision-makers before it misplaces its capability to leverage decisions." (Dyckman, 1992, P44) Like the report of the world, vintage economic data not ever carries the identical influence new data carries. Otherwise need of timeliness decreases ...