NCRD'S Sterling Institute of Management Studies: Subject:-Management Information System Assignment No.: - 1, 2, 3
NCRD'S Sterling Institute of Management Studies: Subject:-Management Information System Assignment No.: - 1, 2, 3
STUDIES
Assignment no. :- 1, 2, 3
OBJECTIVES OF MIS
MIS allows all participants, both management and staff, to view, analyze,
and interpret useful data to set goals and objectives.
Generates competitive advantages: Businesses succeed or fail based on
how they face competitive challenges. MIS, if implemented properly, pr
Provides a wealth of information to allow management to construct
effective plans to meet, and beat, their competition.
Managers play a key role in any organization. They are responsible for
taking decisions appropriate to the need of the market. Information
systems have become the main tool used by managers in decision
making.
How the market is currently allocated?
Which is the competitor’s product offers to hold share in the market?
Pros and cons of this product.
The MIS system ensures that an appropriate data is collected from the
various sources, processed, and sent further to all the needy destinations.
The system is expected to fulfill the information needs of an individual, a
group of individuals, the management functionaries: the managers and the
top management.
The MIS helps the clerical personnel in the transaction processing and
answers their queries on the data pertaining to the transaction, the status
of a particular record and references on a variety of documents.
The MIS helps the middle management in short them planning, target
setting and controlling the business functions. It is supported by the use
of the management tools of planning and control operations of an
organization.
IMPORTANCE OF MIS:
KMS are built around systems which allow efficient categorization and
distribution of knowledge. For example, the knowledge itself might be
contained in word processing documents, spreadsheets, PowerPoint
presentations, internet pages or whatever. To share the knowledge, a KMS
would use group collaboration systems such as an intranet.
There are a number of Decision Support Systems. These can be categorized into
five types:
Communication-driven:
Most communications-driven DSSs are targetted at internal teams, including
partners. Its purpose are to help conduct a meeting, or for users to collaborate.
The most common technology used to deploy the DSS is a web or client server.
Examples: chats and instant messaging softwares, online collaboration and net-
meeting systems.
Data-driven:
Most data-driven DSSs are targeted at managers, staff and also product/service
suppliers. It is used to query a database or data warehouse to seek specific
answers for specific purposes. It is deployed via a main frame system,
client/server link, or via the web. Examples: computer-based databases that
have a query system to check (including the incorporation of data to add value
to existing databases.
Document-driven:
Document-driven DSSs are more common, targeted at a broad base of user
groups. The purpose of such a DSS is to search web pages and find documents
on a specific set of keywords or search terms. The usual technology used to set
up such DSSs are via the web or a client/server system. Examples:
Knowledge-driven:
Knowledge-driven DSSs or 'knowledgebase' are they are known, are a catch-all
category covering a broad range of systems covering users within the
organization seting it up, but may also include others interacting with the
organization - for example, consumers of a business. It is essentially used to
provide management advice or to choose products/services. The typical
deployment technology used to set up such systems could be slient/server
systems, the web, or software runnung on stand-alone PCs.
Model-driven:
Model-driven DSSs are complex systems that help analyse decisions or choose
between different options. These are used by managers and staff members of a
business, or people who interact with the organization, for a number of purposes
depending on how the model is set up - scheduling, decision analyses etc. These
DSSs can be deployed via software/hardware in stand-alone PCs, client/server
systems, or the web.
Decision support systems are interactive, computer-based systems that aid users
in judgment and choice activities. They provide data storage and retrieval but
enhance the traditional information access and retrieval functions with support
for model building and model-based reasoning. They support framing,
modeling, and problem solving.
Advantages
BS 7799 standard
Part 1 outlines the recommended best practices that one should follow and
Part 2 gives the specifications against which an organization will be evaluated
to determine whether it deserves to be certified.
2. What are different types of computer security breaches?
Discuss any one of them in details?