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Friday, 12 October 2012

Management Information System (MIS)


MIS provides information on the firm’s performance to help managers monitor & control the business. The IS a set of interrelated components of people, software, hardware,networks, data resources & procedures that collect, process, store, and distribute information to support decision making & control in an organization

To support business process & organization : day to day routine task & business operations
To support mgmt decision making : short term decision making, reporting & simple analysis
To support strategies for competitive advantage: long term & future projection, prediction, forecasting, simulation, competitive advantage

Improved cust svc, better services, eliminate delays, fast response, do more transaction
Substantial cost savings, attracting new cust, retaining presents cust, generate revenues, global reach for mktg, supply chain, advertising, cheaper comm.

Intranet is an internal organizational network  that provides access to data across a business firm
Human Resource: forms, work manual, training, policies
Sales Mgmt : catalogue, database, reports, presentation, pricing
Acct & Finance: reports, planning tools, approval, records

Web 2.0, feedback from cust viral, mktg, young visitor prefer if cater specific population.

DATA
INFORMATION
can’t use for decision making
can use for decision making
not organized
organized
not formatted
formatted
not structured
structured
streams of raw facts representing events, activities, and transaction that are captured, recorded, stored and classified but not organized to convey any specific meaning
Data that has been organized so that they have meaning and useful to the recipient in the processes such as making decision. Information comes from the data that have been processed

Things that illegal. The unauthorized use, access, modification and destruction of hardware, software, data, or network resources. The unautho release of information. The unauthorized copying of software

Virus & worms copy annoying or destructive routines into networked computers. Often spread via email or file attachments.
Computer virus – programme code that cannot work without being inserted into another program. Worm – distinct program that can run unaided

DOS- hammering a websites equipment wit too many requests for information, an attacker can effectively clog a system, slowing performance or even crashing  site eg: Jan 4 2002: DOS on e-commerce cause 3hrs slow performance on google, yahoo

Software piracy happens when unauthorized copying of computer programs. 

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