SlideShare a Scribd company logo
1 of 68
Information SystemsInformation Systems
www.StudsPlanet.com
OutlineOutline
Definitions
Types of Information Systems
Information Systems Vs Information Technology
Expanding Roles of IS
Classification of IS
Information Systems Development
Information systems: Opportunities and Challenges
Conclusion
www.StudsPlanet.com
DefinitionsDefinitionsData
Raw facts such as an employee’s name and number of
hours worked in a week, inventory part numbers or sales
orders.
Information
A collection of facts organized in such a way that they
have additional value beyond the value of the facts
themselves.
Data
Information
Rs 35,000 12 Units Rs
12,000 Jayesh
Western Region Rs
100,000 100 Units
35 Units
Data
Processing
Salesperson: Jayesh
Sales Territory:
Western Region
Current Sales: 147
Units = Rs147,000www.StudsPlanet.com
Information Systems
An information system(IS) is typically considered to be a set of
interrelated elements or components that collect(input),
manipulate(processes), and disseminate (output) data and
information and provide a feedback mechanism to meet an
objective.
Open System
Close System
Definitions
www.StudsPlanet.com
Types of Information SystemsTypes of Information Systems
1. Informal Information System
2. Formal Information System
www.StudsPlanet.com
An Information System is an organized combination of people,
hardware, software, communication networks and the data resources that
collects, transforms and disseminates information in a organization.
Computer-based Information System
www.StudsPlanet.com
INFORMATION
TECHNOLOGY
Hardware
Software
Databases
Networks
Other related
components
are used to build
INFORMATION
SYSTEMS
Payroll
System
Inventory
System
Marketing
System
Customer
Service
System
IS Vs ITIS Vs IT
www.StudsPlanet.com
Classification of ISClassification of IS
Information Systems
Operations
Support System
Management
Support System
Transaction
processing
systems
Process control
systems
Office
automation
systems
Management
information
systems
Decision
support
systems
Executive
information
systems
www.StudsPlanet.com
1. Operations support systems process data generated by business
operations
Major categories are:
i) Transaction processing systems
ii) Process control systems
iii) Office automation systems
2. Management Support Systems provide information and
support needed for effective decision making by managers
Major categories are
i) Management Information System
ii) Decision Support Systems
iii) Executive Information System
www.StudsPlanet.com
1. Operations Support System
i) Transaction processing systems
• Process business exchanges
• Maintain records about the exchanges
• Handle routine, yet critical, tasks
• Perform simple calculations
ii) Process control systems monitor and control industrial
processes.
iii) Office automation systems automate office procedures and
enhance office communications and productivity.
www.StudsPlanet.com
2. Management support systems provide information and support
needed for effective decision making by managers
Major categories are:
i) Management information systems
 Routine information for routine decisions
 Operational efficiency
 Use transaction data as main input
 Databases integrate MIS in different functional areas
www.StudsPlanet.com
ii) Decision Support System
• Interactive support for non-routine decisions or problems
• End-users are more involved in creating a DSS than an MIS
iii) Executive information systems
provide critical information tailored to the information needs of
executives
www.StudsPlanet.com
Other categories
a) Expert systems
b) End user computing systems
c) Business information systems
d) Strategic information systems
a) Expert Systems are knowledge-based systems that provides
expert advice and act as expert consultants to the users
b) End user computing systems support the direct, hands on use of
computers by end users for operational and managerial
applications
c) Business information systems support the operational and
managerial applications of the basic business functions of a firm
d) Strategic information systems provide a firm which strategic
products, services, and capabilities for competitive advantage
www.StudsPlanet.com
Functional BusinessFunctional Business
Information SystemsInformation Systems
Production
Operations
Production
Operations
MarketingMarketing
Human Resource
Management
Human Resource
Management
FinanceFinanceAccountingAccounting
Functional
Business
Systems
www.StudsPlanet.com
Marketing InformationMarketing Information
SystemsSystems
Marketing
Information
Systems
Marketing
Information
Systems
Interactive
Marketing
Sales Force
Automation
Sales Force
Automation
Customer
Relationship
Management
Customer
Relationship
Management
Sales
Management
Sales
Management
Market
Research and
Forecasting
Market
Research and
Forecasting
Advertising
and
Promotions
Advertising
and
Promotions
Product
Management
Product
Management
www.StudsPlanet.com
Interactive marketingInteractive marketing
Interactive marketing:
– A customer-focused marketing process
– Using the Internet, intranets, and extranets
– To establish two-transactions
– Between a company and its customers or
potential customers
Goal:
– to profitably attract and keep customers
– who will become partners with the business
– in creating, purchasing and improving productswww.StudsPlanet.com
Targeted MarketingTargeted Marketing
An advertising and promotion management
concept that includes five targeting
components
Targeted MarketingTargeted Marketing
ComponentsComponents
 Community – customize advertising to appeal to people of
specific virtual communities
 Content – advertising placed on a variety of selected
websites aimed at a specific audience
 Context – advertising placed on web pages that are
relevant to the content of a product or service
 Demographic/Psychographic – web marketing efforts
aimed at specific types or classes or people
 Online Behavior – promotion efforts tailored to each visit
to a site by an individual, e.g., using cookies files
www.StudsPlanet.com
Sales Force AutomationSales Force Automation
Outfit sales force with notebook computers,
web browsers and sales contract
management software
Connect them to marketing websites and
company intranet
Goal:
– Increase personal productivity
– Speeds up capture and analysis of sales data
from the field to marketing managerswww.StudsPlanet.com
Manufacturing InformationManufacturing Information
SystemsSystems
Engineering
Systems
•CAD
•CAE
•Computer-
Aided
Process
Planning
Manufacturing
Execution
Systems
•Shop Floor
•Scheduling
•Machine Control
•Process Control
•Robotic Control
Computer Integrated Manufacturing
Manufacturing
Resource
Planning
•Production
Forecasting
•Production
Scheduling
•Quality Control
Remote
Worker
Supplier
Extranet
Intranet
www.StudsPlanet.com
Manufacturing InformationManufacturing Information
SystemsSystems
Support the production/operations function
Includes all activities concerned with
planning and control of producing goods or
services
www.StudsPlanet.com
Human ResourceHuman Resource
ManagementManagement
•Manpower
Planning
•Labor Force
Tracking
•Labor Cost
Analysis
•Turnover
Analysis
•Recruitment
•Workforce
Planning
•Skill assessment
•Performance
evaluation
•Payroll
control
•Benefits
Administration
•Compensation
effectiveness
•Benefits
Analysis
•Contract
costing
•Salary forecast
•Succession
planning
•Performance
appraisal plans
•Training
effectiveness
•Career
matching
Staffing Training &
Development
Compensation
Administration
Strategic
Systems
Tactical
Systems
Operationa
l
Systems www.StudsPlanet.com
Human Resource Management (HRM)Human Resource Management (HRM)
Information systems designed to support
– Planning to meet the personnel needs of the
business
– Development of employees to their full
potential
– Control of all personnel policies and programs
www.StudsPlanet.com
HRM and the InternetHRM and the Internet
Recruiting employees using the corporate
website and commercial recruiting services
Posting messages in selected Internet
newsgroups
Communicating with job applicants via e-
mail
www.StudsPlanet.com
Accounting InformationAccounting Information
SystemsSystems
www.StudsPlanet.com
Accounting Information SystemsAccounting Information Systems
Record and report the flow of funds through
an organization
Produce financial statements
Forecasts of future conditions
www.StudsPlanet.com
Financial ManagementFinancial Management
SystemsSystems
Support business managers and
professionals in decisions concerning
– The financing of a business
– The allocation and control of financial
resources within a business
www.StudsPlanet.com
Financial Management System ExamplesFinancial Management System Examples
Financial
Information
Systems
Financial
Information
Systems
Financial
Planning
Financial
Planning
Cash
Management
Investment
Management
Investment
Management
Capital
Budgeting
www.StudsPlanet.com
Information Systems DevelopmentInformation Systems Development
www.StudsPlanet.com
Systems Development Life Cycle (SDLC)
- describes the life of an information system from
conception to retirement.
1. System identification, selection, and planning
2. System analysis
3. System design
4. System implementation
5. System maintenance
Steps in the SystemsSteps in the Systems
Development ProcessDevelopment Process
www.StudsPlanet.com
Phase 1: System Identification, Selection, and
Planning
– Undertake only those projects critical to mission, goals,
and objectives
– Select a development project from all possible projects that
could be performed
– Different evaluation criteria used to rank potential projects
Steps in the Systems
Development Process
www.StudsPlanet.com
 Phase 1: System Identification, Selection, and
Planning
– Evaluation criteria
 Strategic alignment: The extent to which the project is viewed as helping
the organization achieve its strategic objectives an d long-term goal.
 Potential benefits: The extent to which the project is viewed as improving
profits, customer service, and the duration of the benefits
 Potential costs and resource availability: The number and types of
resources the project requires and their availability
 Project size / duration: The number of individuals and the length of time
needed to complete the project
 Technical difficulty / risks: The level of technical difficulty involved to
complete the project within a given time and resources
Steps in the Systems
Development Process
www.StudsPlanet.com
Phase 2: System Analysis
– Collecting System Requirements: Requirement collection is process of
gathering and organizing information from users, managers, business
processes, an documents to understand how a proposed system should
work
 System analysts use a variety of techniques to collect system
requirements
– Interviews: analysts interview people
– Questionnaires: analysts design and administer surveys.
– Observations: analysts observe workers at selected times
– Document analysis: analysts study business documents
 Critical Success Factors (CSF): analysts ask each person to define her
own personal CSFs.
 Joint Application Design (JAD): Special type of a group meeting
where all users and analysts meet at the same time
Steps in the Systems Development
Process
www.StudsPlanet.com
Phase 2: System Analysis
– Modeling Organizational Data: To construct an
information system, systems analysts must understand
what data the information system needs in order to
accomplish the intended tasks. To do this they use data
modeling tools to collect and describe data to users.
 Entity Relationship Diagram (ERD)
– Modeling Organizational Processes and Logic
 Data flows
 Processing logic
Steps in the Systems
Development Process
www.StudsPlanet.com
Phase 3: System Design
– Designing forms and reports
– Designing interfaces and dialogues
– Designing databases and files
– Designing processing and logic
Steps in the Systems
Development Process
www.StudsPlanet.com
Phase 4: System Implementation
– Software programming
– Software testing
 Developmental: Programmers test the correctness of
individual modules and the integration of multiple
modules
 Alpha: Software tester tests whether it meets design
specifications
 Beta: Actual system users test the capability of the
system in the user environment with actual data
Steps in the Systems
Development Process
www.StudsPlanet.com
 Phase 4: System Implementation
– System conversion
 Parallel
 Direct
 Phased
 Pilot
– System documentation, training, and support
 User and reference guides
 Training and tutorials
 Installation procedures and troubleshooting guides
Steps in the Systems
Development Process
www.StudsPlanet.com
 Phase 5: System Maintenance
– Maintenance process steps:
1. Obtain maintenance request
2. Transform requests into changes
3. Design changes
4. Implement changes
Steps in the Systems
Development Process
www.StudsPlanet.com
 Phase 5: System Maintenance
– Maintenance types:
1. Corrective maintenance
2. Adaptive maintenance
3. Perfective maintenance
4. Preventive maintenance
Steps in the Systems
Development Process
www.StudsPlanet.com
www.StudsPlanet.com
The basic information systems required by organizations to
coordinate worldwide trade and other activities
International Information Systems ArchitectureInternational Information Systems Architecture
International information systems architecture:
A force in the environment to which businesses must respond
and that influences the direction of the business
Business driver:
www.StudsPlanet.com
International Information Systems Architecture
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
www.StudsPlanet.com
The Global Environment: Business Drivers and ChallengesThe Global Environment: Business Drivers and Challenges
The global business drivers can be divided into two groups:
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
Global communication and transportation technologies
Development of global culture
General cultural factors:
www.StudsPlanet.com
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
Emergence of global social norms
Political stability
Global knowledge base
General Cultural Factors: (Continued)
www.StudsPlanet.com
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
Global markets
Global production and operations
Global coordination
Global workforce
Global economies of scale
Specific business factors:
www.StudsPlanet.com
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
Business Challenges
Cultural particularism: Regionalism, nationalism, language
differences
Social expectations: Brand-name expectations, work hours
Political laws: Transborder data and privacy laws, commercial
regulations
General:
www.StudsPlanet.com
THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS
Standards: Different Electronic Data Interchange (EDI),
telecommunications standards
Reliability: Phone networks not uniformly reliable
Speed: Different data transfer speeds, many slower than United
States
Personnel: Shortages of skilled consultants
Specific:
www.StudsPlanet.com
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
Three kinds of organizational structure:
Centralized (in the home country)
Decentralized (to local foreign units)
Coordinated (all units participate as equals)
Global Strategies and Business Organization
www.StudsPlanet.com
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
Heavy centralization of corporate activities in the home
country of origin
Domestic exporter strategy:
Centralized financial management and control while
decentralizing production, sales, and marketing
operations to units in other countries
Multinational strategy:
www.StudsPlanet.com
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
The product is financed and initially produced in the home
country, but for product-specific reasons rely on foreign
personnel for further production, marketing, and human
resources.
Franchisers:
The value-adding activities are managed from a global
perspective without reference to national borders,
optimizing sources of supply and demand wherever they
appear, and taking advantage of any local competitive
advantages.
Transnational strategy:
www.StudsPlanet.com
Global Systems to Fit the StrategyGlobal Systems to Fit the Strategy
Global Strategy and Systems Configurations
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
www.StudsPlanet.com
Management Information SystemsManagement Information Systems
Chapter 16 Managing International Information SystemsChapter 16 Managing International Information Systems
1. Centralized systems: Systems development and operation
occur totally at the domestic home base.
2. Duplicated systems: Development occurs at the home
base but operations are handed over to autonomous units
in foreign locations.
Four types of systems configuration:
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
www.StudsPlanet.com
3. Decentralized systems: Each foreign unit designs its
own unique solutions and systems.
4. Networked systems: Systems development and
operations occur in an integrated and coordinated
fashion across all units.
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
Four types of systems configuration: (Continued)
www.StudsPlanet.com
ORGANIZING INTERNATIONAL INFORMATION SYSTEMS
Organize value-adding activities along lines of comparative
advantage
Develop and operate systems units at each level of corporate
activity —regional, national, and international
Establish at world headquarters
Reorganizing the Business
To develop a global company and information systems support
structure:
www.StudsPlanet.com
MANAGING GLOBAL SYSTEMS
Agreeing on common user requirements
Introducing changes in business processes
Coordinating applications development
Coordinating software releases
Encouraging local users to support global systems
Management Challenges in Developing Global Systems
Table 16-4www.StudsPlanet.com
MANAGING GLOBAL SYSTEMS
Define the core business processes: Conduct workflow analysis,
identify centers of excellence for these processes
Identify the core systems to coordinate centrally: Conquer the
core systems and define these systems as truly transnational
Choose an approach: Incremental, Grand Design, Evolutionary
Make the Benefits Clear
Global Systems Strategy
www.StudsPlanet.com
Local, Regional, and Global SystemsLocal, Regional, and Global Systems
MANAGING GLOBAL SYSTEMS
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Computing platforms and systems integration:
Develop global, distributed, and integrated systems to support
digital business processes spanning national boundaries
Use of same hardware and operating system does not
guarantee integration.
Establish data and technical standards
Technology Challenges of Global Systems
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Overcoming disparate national technical standards,
data exchange restrictions and service levels
User of Internet technology to create global intranets,
extranets, virtual private networks (VPNs)
Connectivity:
Technology Challenges of Global Systems (Continued)
www.StudsPlanet.com
Internet Population in Selected Countries
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Cost of new interface designs
Integrating new systems with old
User interface design
Differences in language and conventions
Software:
Unique challenges for application software:
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Outsourcing portions of new systems like development
work or maintenance of existing systems to external
vendors in another country
Offshore software outsourcing:
Managing Global Software DevelopmentManaging Global Software Development
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Contract cost
Vendor selection costs
Transition management and knowledge transfer costs
Domestic human resources costs
Major cost components of offshore software development:
www.StudsPlanet.com
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
Costs of improving software development processes
Costs of adjusting to cultural differences
Cost of managing an offshore contract
Major cost components of offshore software development: (Continued)
www.StudsPlanet.com
Total Cost of Outsourcing
TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS
www.StudsPlanet.com
MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS
Management Opportunities:
Ability to lower costs through global scale economies by
building international systems for producing and selling
goods and services in different regions of the world
www.StudsPlanet.com
Finding the right global business strategy
Difficulties of managing change in a multicultural firm
Difficulties of achieving global connectivity and
integration
Management Challenges:
MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS
www.StudsPlanet.com
Agreeing on common user requirements
Introducing changes in business processes
Coordinating applications development
Coordinating software releases
Encouraging local users to support global systems
Solution Guidelines:
MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS
www.StudsPlanet.com

More Related Content

What's hot

introduction to management information systems (MIS)
introduction to management information systems (MIS)introduction to management information systems (MIS)
introduction to management information systems (MIS)Sujan Oli
 
Information system in business assignment
Information system in business assignmentInformation system in business assignment
Information system in business assignmentACCA Global
 
Characteristics of MIS and dss
Characteristics of MIS and dssCharacteristics of MIS and dss
Characteristics of MIS and dssFaridKhan98
 
Business Application (MIS)
Business Application (MIS)Business Application (MIS)
Business Application (MIS)Nirajan Silwal
 
Information system in business functions unit iv
Information system in business functions unit ivInformation system in business functions unit iv
Information system in business functions unit ivlaiprabhakar
 
Management Information System
Management Information SystemManagement Information System
Management Information SystemRachana Pradeep
 
3 mis & business functions
3 mis & business functions3 mis & business functions
3 mis & business functionsRahul Verma
 
Foundation Of Information System
Foundation Of Information SystemFoundation Of Information System
Foundation Of Information SystemNirajan Silwal
 
Management information system
Management  information systemManagement  information system
Management information systemRamya Sree
 
MIS Presentation
MIS PresentationMIS Presentation
MIS PresentationDhiren Gala
 
fundamental Roles of Information System
fundamental Roles of Information Systemfundamental Roles of Information System
fundamental Roles of Information SystemSelf-employed
 

What's hot (19)

Mis report
Mis reportMis report
Mis report
 
introduction to management information systems (MIS)
introduction to management information systems (MIS)introduction to management information systems (MIS)
introduction to management information systems (MIS)
 
Management information system (an overview)
Management information system (an overview)Management information system (an overview)
Management information system (an overview)
 
Information system in business assignment
Information system in business assignmentInformation system in business assignment
Information system in business assignment
 
Characteristics of MIS and dss
Characteristics of MIS and dssCharacteristics of MIS and dss
Characteristics of MIS and dss
 
Foundation Of Information Systems In Business
Foundation Of Information Systems In BusinessFoundation Of Information Systems In Business
Foundation Of Information Systems In Business
 
Business Informaton Systems
Business Informaton SystemsBusiness Informaton Systems
Business Informaton Systems
 
Business Application (MIS)
Business Application (MIS)Business Application (MIS)
Business Application (MIS)
 
Information system in business functions unit iv
Information system in business functions unit ivInformation system in business functions unit iv
Information system in business functions unit iv
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 
3 mis & business functions
3 mis & business functions3 mis & business functions
3 mis & business functions
 
Foundation Of Information System
Foundation Of Information SystemFoundation Of Information System
Foundation Of Information System
 
Business information system
Business information systemBusiness information system
Business information system
 
Management information system
Management  information systemManagement  information system
Management information system
 
MIS Presentation
MIS PresentationMIS Presentation
MIS Presentation
 
Mis presentation
Mis presentationMis presentation
Mis presentation
 
fundamental Roles of Information System
fundamental Roles of Information Systemfundamental Roles of Information System
fundamental Roles of Information System
 
System
SystemSystem
System
 
Foundation Of MIS
Foundation Of MISFoundation Of MIS
Foundation Of MIS
 

Viewers also liked

Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange marketNits Kedia
 
Rbi intervention in foreign exchange market
Rbi intervention in foreign exchange marketRbi intervention in foreign exchange market
Rbi intervention in foreign exchange marketANUJ GOYAL
 
Group 2 ppt - role of rbi on exchange rate management
Group 2  ppt - role of rbi on exchange rate managementGroup 2  ppt - role of rbi on exchange rate management
Group 2 ppt - role of rbi on exchange rate managementSanjay Kumbhar
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange marketPrince Sathya
 
Role of rbi in the mgmt of forex mkt in india
Role of rbi in the mgmt of forex mkt in indiaRole of rbi in the mgmt of forex mkt in india
Role of rbi in the mgmt of forex mkt in indiaZenobia Sukhia
 
The Foreign Exchange Market
The Foreign Exchange MarketThe Foreign Exchange Market
The Foreign Exchange MarketRobin Kapoor
 
Foreign exchange market and it's structure in india
Foreign exchange market and it's structure in indiaForeign exchange market and it's structure in india
Foreign exchange market and it's structure in indiaStudsPlanet.com
 
The Foreign Exchange Market
The Foreign Exchange MarketThe Foreign Exchange Market
The Foreign Exchange Marketmayank2012
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange marketVisakhapatnam
 
Foreign exchange market-final ppt(my)
Foreign exchange market-final ppt(my)Foreign exchange market-final ppt(my)
Foreign exchange market-final ppt(my)J Prateek Kundu
 
Foreign Exchange Market
Foreign Exchange MarketForeign Exchange Market
Foreign Exchange Marketrajeevj
 
Chapter 13_The Foreign Exchange Market
Chapter 13_The Foreign Exchange MarketChapter 13_The Foreign Exchange Market
Chapter 13_The Foreign Exchange MarketRusman Mukhlis
 

Viewers also liked (17)

Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange market
 
Rbi intervention in foreign exchange market
Rbi intervention in foreign exchange marketRbi intervention in foreign exchange market
Rbi intervention in foreign exchange market
 
Group 2 ppt - role of rbi on exchange rate management
Group 2  ppt - role of rbi on exchange rate managementGroup 2  ppt - role of rbi on exchange rate management
Group 2 ppt - role of rbi on exchange rate management
 
Foreign exchange
Foreign exchangeForeign exchange
Foreign exchange
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange market
 
Role of rbi in the mgmt of forex mkt in india
Role of rbi in the mgmt of forex mkt in indiaRole of rbi in the mgmt of forex mkt in india
Role of rbi in the mgmt of forex mkt in india
 
The Foreign Exchange Market
The Foreign Exchange MarketThe Foreign Exchange Market
The Foreign Exchange Market
 
Foreign exchange market and it's structure in india
Foreign exchange market and it's structure in indiaForeign exchange market and it's structure in india
Foreign exchange market and it's structure in india
 
The Foreign Exchange Market
The Foreign Exchange MarketThe Foreign Exchange Market
The Foreign Exchange Market
 
Foreign exchange market
Foreign exchange marketForeign exchange market
Foreign exchange market
 
Foreign Exchange Market
Foreign Exchange MarketForeign Exchange Market
Foreign Exchange Market
 
RBI Presentation
RBI PresentationRBI Presentation
RBI Presentation
 
Foreign exchange market-final ppt(my)
Foreign exchange market-final ppt(my)Foreign exchange market-final ppt(my)
Foreign exchange market-final ppt(my)
 
Latest rbi ppt
Latest rbi pptLatest rbi ppt
Latest rbi ppt
 
Foreign Exchange Market
Foreign Exchange MarketForeign Exchange Market
Foreign Exchange Market
 
Forex ppt
Forex pptForex ppt
Forex ppt
 
Chapter 13_The Foreign Exchange Market
Chapter 13_The Foreign Exchange MarketChapter 13_The Foreign Exchange Market
Chapter 13_The Foreign Exchange Market
 

Similar to Mis1

Information Systems, Data and MIS
Information Systems, Data and MISInformation Systems, Data and MIS
Information Systems, Data and MISMohit Bansal
 
Introduction to Information System & MIS
Introduction to Information System & MISIntroduction to Information System & MIS
Introduction to Information System & MISPreeti Sontakke
 
Management Information System - MIS - Application
Management Information System - MIS - ApplicationManagement Information System - MIS - Application
Management Information System - MIS - ApplicationFaHaD .H. NooR
 
C3. Fucntional Business Systems.pdf
C3. Fucntional Business Systems.pdfC3. Fucntional Business Systems.pdf
C3. Fucntional Business Systems.pdfNguynChu503861
 
Lectures 2-and-3-questions.qwerty
Lectures 2-and-3-questions.qwertyLectures 2-and-3-questions.qwerty
Lectures 2-and-3-questions.qwertyCeazar Nell Ambulo
 
1st solve assignment Management information system
1st solve assignment Management information system1st solve assignment Management information system
1st solve assignment Management information systemDanish Saqi
 
SCM CRP ERP Decision Support
SCM CRP ERP Decision SupportSCM CRP ERP Decision Support
SCM CRP ERP Decision Supportankit_sharma869
 
4. Fundamental MIS Information Systems Presentation
4. Fundamental MIS  Information Systems Presentation4. Fundamental MIS  Information Systems Presentation
4. Fundamental MIS Information Systems PresentationMirMdAkhiruggaman
 
Lesson 5: Information Systems Presentation
Lesson 5: Information Systems PresentationLesson 5: Information Systems Presentation
Lesson 5: Information Systems PresentationKereen Tatham
 
Business information system with explaination
Business information system with explainationBusiness information system with explaination
Business information system with explainationAlana Abraham
 
ISfoundation.pptx
ISfoundation.pptxISfoundation.pptx
ISfoundation.pptxRiadHasan25
 
Lo3=p4, p5, m2, d2
Lo3=p4, p5, m2, d2Lo3=p4, p5, m2, d2
Lo3=p4, p5, m2, d2sparkeyrob
 
Applications of Management Information System.pptx
Applications of Management Information System.pptxApplications of Management Information System.pptx
Applications of Management Information System.pptxRoshni814224
 
Management information system
Management information systemManagement information system
Management information systemMalu Resmi
 
Introduction to management information system
Introduction to management information systemIntroduction to management information system
Introduction to management information systemOnline
 
Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...Ashish Hande
 
Management Information System
Management Information SystemManagement Information System
Management Information SystemVivek Kumar
 

Similar to Mis1 (20)

Information Systems, Data and MIS
Information Systems, Data and MISInformation Systems, Data and MIS
Information Systems, Data and MIS
 
Introduction to Information System & MIS
Introduction to Information System & MISIntroduction to Information System & MIS
Introduction to Information System & MIS
 
Management Information System - MIS - Application
Management Information System - MIS - ApplicationManagement Information System - MIS - Application
Management Information System - MIS - Application
 
C3. Fucntional Business Systems.pdf
C3. Fucntional Business Systems.pdfC3. Fucntional Business Systems.pdf
C3. Fucntional Business Systems.pdf
 
Lectures 2-and-3-questions.qwerty
Lectures 2-and-3-questions.qwertyLectures 2-and-3-questions.qwerty
Lectures 2-and-3-questions.qwerty
 
CRM with MIS
CRM with MISCRM with MIS
CRM with MIS
 
1st solve assignment Management information system
1st solve assignment Management information system1st solve assignment Management information system
1st solve assignment Management information system
 
SCM CRP ERP Decision Support
SCM CRP ERP Decision SupportSCM CRP ERP Decision Support
SCM CRP ERP Decision Support
 
4. Fundamental MIS Information Systems Presentation
4. Fundamental MIS  Information Systems Presentation4. Fundamental MIS  Information Systems Presentation
4. Fundamental MIS Information Systems Presentation
 
Lesson 5: Information Systems Presentation
Lesson 5: Information Systems PresentationLesson 5: Information Systems Presentation
Lesson 5: Information Systems Presentation
 
Business information system with explaination
Business information system with explainationBusiness information system with explaination
Business information system with explaination
 
ISfoundation.pptx
ISfoundation.pptxISfoundation.pptx
ISfoundation.pptx
 
Lo3=p4, p5, m2, d2
Lo3=p4, p5, m2, d2Lo3=p4, p5, m2, d2
Lo3=p4, p5, m2, d2
 
Applications of Management Information System.pptx
Applications of Management Information System.pptxApplications of Management Information System.pptx
Applications of Management Information System.pptx
 
p22252ppt1.pptx
p22252ppt1.pptxp22252ppt1.pptx
p22252ppt1.pptx
 
Management information system
Management information systemManagement information system
Management information system
 
Introduction to management information system
Introduction to management information systemIntroduction to management information system
Introduction to management information system
 
Information systems
Information systemsInformation systems
Information systems
 
Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 

More from Nits Kedia

Sugar industry
Sugar industrySugar industry
Sugar industryNits Kedia
 
Nokia international product life cycle 1
Nokia international product life cycle 1Nokia international product life cycle 1
Nokia international product life cycle 1Nits Kedia
 
Nokia the morph concept
Nokia  the morph conceptNokia  the morph concept
Nokia the morph conceptNits Kedia
 
Meaning & nature of resources
Meaning & nature of resourcesMeaning & nature of resources
Meaning & nature of resourcesNits Kedia
 
Leadership lesson from india
Leadership lesson from indiaLeadership lesson from india
Leadership lesson from indiaNits Kedia
 
Leadership across culture
Leadership across cultureLeadership across culture
Leadership across cultureNits Kedia
 
Labout and employmenr discimination law
Labout and employmenr discimination lawLabout and employmenr discimination law
Labout and employmenr discimination lawNits Kedia
 
International law and wto
International law and wtoInternational law and wto
International law and wtoNits Kedia
 
Intellectual property rights (2)
Intellectual property rights (2)Intellectual property rights (2)
Intellectual property rights (2)Nits Kedia
 
India's 5 year plan startegy
India's 5 year plan startegyIndia's 5 year plan startegy
India's 5 year plan startegyNits Kedia
 
Import clearance procedure
Import clearance procedureImport clearance procedure
Import clearance procedureNits Kedia
 
Human environment
Human environmentHuman environment
Human environmentNits Kedia
 
Globaliation p point
Globaliation p pointGlobaliation p point
Globaliation p pointNits Kedia
 
Foreign corrupt practises act(fcpa)
Foreign corrupt practises act(fcpa)Foreign corrupt practises act(fcpa)
Foreign corrupt practises act(fcpa)Nits Kedia
 
Financial services
Financial servicesFinancial services
Financial servicesNits Kedia
 
Financial services 1
Financial services 1Financial services 1
Financial services 1Nits Kedia
 

More from Nits Kedia (20)

Wto
WtoWto
Wto
 
Trips
TripsTrips
Trips
 
Sugar industry
Sugar industrySugar industry
Sugar industry
 
Nokia international product life cycle 1
Nokia international product life cycle 1Nokia international product life cycle 1
Nokia international product life cycle 1
 
Nokia the morph concept
Nokia  the morph conceptNokia  the morph concept
Nokia the morph concept
 
Meaning & nature of resources
Meaning & nature of resourcesMeaning & nature of resources
Meaning & nature of resources
 
Leadership lesson from india
Leadership lesson from indiaLeadership lesson from india
Leadership lesson from india
 
Leadership across culture
Leadership across cultureLeadership across culture
Leadership across culture
 
Labout and employmenr discimination law
Labout and employmenr discimination lawLabout and employmenr discimination law
Labout and employmenr discimination law
 
International law and wto
International law and wtoInternational law and wto
International law and wto
 
Intellectual property rights (2)
Intellectual property rights (2)Intellectual property rights (2)
Intellectual property rights (2)
 
India's 5 year plan startegy
India's 5 year plan startegyIndia's 5 year plan startegy
India's 5 year plan startegy
 
Import clearance procedure
Import clearance procedureImport clearance procedure
Import clearance procedure
 
Ifm intro
Ifm intro Ifm intro
Ifm intro
 
Human environment
Human environmentHuman environment
Human environment
 
Globaliation p point
Globaliation p pointGlobaliation p point
Globaliation p point
 
Foreign corrupt practises act(fcpa)
Foreign corrupt practises act(fcpa)Foreign corrupt practises act(fcpa)
Foreign corrupt practises act(fcpa)
 
Financial services
Financial servicesFinancial services
Financial services
 
Financial services 1
Financial services 1Financial services 1
Financial services 1
 
Fdi
FdiFdi
Fdi
 

Recently uploaded

SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024Lorenzo Miniero
 
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Mark Simos
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLScyllaDB
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek SchlawackFwdays
 
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks..."LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...Fwdays
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfAlex Barbosa Coqueiro
 
Vertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsVertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsMiki Katsuragi
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):comworks
 
Install Stable Diffusion in windows machine
Install Stable Diffusion in windows machineInstall Stable Diffusion in windows machine
Install Stable Diffusion in windows machinePadma Pradeep
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfRankYa
 
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...Integration and Automation in Practice: CI/CD in Mule Integration and Automat...
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...Patryk Bandurski
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyAlfredo García Lavilla
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 
DevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenDevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenHervé Boutemy
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr BaganFwdays
 
Training state-of-the-art general text embedding
Training state-of-the-art general text embeddingTraining state-of-the-art general text embedding
Training state-of-the-art general text embeddingZilliz
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationSafe Software
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024The Digital Insurer
 

Recently uploaded (20)

SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024
 
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQL
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
"Subclassing and Composition – A Pythonic Tour of Trade-Offs", Hynek Schlawack
 
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks..."LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
"LLMs for Python Engineers: Advanced Data Analysis and Semantic Kernel",Oleks...
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdf
 
Vertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering TipsVertex AI Gemini Prompt Engineering Tips
Vertex AI Gemini Prompt Engineering Tips
 
CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):CloudStudio User manual (basic edition):
CloudStudio User manual (basic edition):
 
Install Stable Diffusion in windows machine
Install Stable Diffusion in windows machineInstall Stable Diffusion in windows machine
Install Stable Diffusion in windows machine
 
Search Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdfSearch Engine Optimization SEO PDF for 2024.pdf
Search Engine Optimization SEO PDF for 2024.pdf
 
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...Integration and Automation in Practice: CI/CD in Mule Integration and Automat...
Integration and Automation in Practice: CI/CD in Mule Integration and Automat...
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easy
 
DMCC Future of Trade Web3 - Special Edition
DMCC Future of Trade Web3 - Special EditionDMCC Future of Trade Web3 - Special Edition
DMCC Future of Trade Web3 - Special Edition
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 
DevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache MavenDevoxxFR 2024 Reproducible Builds with Apache Maven
DevoxxFR 2024 Reproducible Builds with Apache Maven
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan
 
Training state-of-the-art general text embedding
Training state-of-the-art general text embeddingTraining state-of-the-art general text embedding
Training state-of-the-art general text embedding
 
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry InnovationBeyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
Beyond Boundaries: Leveraging No-Code Solutions for Industry Innovation
 
My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024My INSURER PTE LTD - Insurtech Innovation Award 2024
My INSURER PTE LTD - Insurtech Innovation Award 2024
 

Mis1

  • 2. OutlineOutline Definitions Types of Information Systems Information Systems Vs Information Technology Expanding Roles of IS Classification of IS Information Systems Development Information systems: Opportunities and Challenges Conclusion www.StudsPlanet.com
  • 3. DefinitionsDefinitionsData Raw facts such as an employee’s name and number of hours worked in a week, inventory part numbers or sales orders. Information A collection of facts organized in such a way that they have additional value beyond the value of the facts themselves. Data Information Rs 35,000 12 Units Rs 12,000 Jayesh Western Region Rs 100,000 100 Units 35 Units Data Processing Salesperson: Jayesh Sales Territory: Western Region Current Sales: 147 Units = Rs147,000www.StudsPlanet.com
  • 4. Information Systems An information system(IS) is typically considered to be a set of interrelated elements or components that collect(input), manipulate(processes), and disseminate (output) data and information and provide a feedback mechanism to meet an objective. Open System Close System Definitions www.StudsPlanet.com
  • 5. Types of Information SystemsTypes of Information Systems 1. Informal Information System 2. Formal Information System www.StudsPlanet.com
  • 6. An Information System is an organized combination of people, hardware, software, communication networks and the data resources that collects, transforms and disseminates information in a organization. Computer-based Information System www.StudsPlanet.com
  • 7. INFORMATION TECHNOLOGY Hardware Software Databases Networks Other related components are used to build INFORMATION SYSTEMS Payroll System Inventory System Marketing System Customer Service System IS Vs ITIS Vs IT www.StudsPlanet.com
  • 8. Classification of ISClassification of IS Information Systems Operations Support System Management Support System Transaction processing systems Process control systems Office automation systems Management information systems Decision support systems Executive information systems www.StudsPlanet.com
  • 9. 1. Operations support systems process data generated by business operations Major categories are: i) Transaction processing systems ii) Process control systems iii) Office automation systems 2. Management Support Systems provide information and support needed for effective decision making by managers Major categories are i) Management Information System ii) Decision Support Systems iii) Executive Information System www.StudsPlanet.com
  • 10. 1. Operations Support System i) Transaction processing systems • Process business exchanges • Maintain records about the exchanges • Handle routine, yet critical, tasks • Perform simple calculations ii) Process control systems monitor and control industrial processes. iii) Office automation systems automate office procedures and enhance office communications and productivity. www.StudsPlanet.com
  • 11. 2. Management support systems provide information and support needed for effective decision making by managers Major categories are: i) Management information systems  Routine information for routine decisions  Operational efficiency  Use transaction data as main input  Databases integrate MIS in different functional areas www.StudsPlanet.com
  • 12. ii) Decision Support System • Interactive support for non-routine decisions or problems • End-users are more involved in creating a DSS than an MIS iii) Executive information systems provide critical information tailored to the information needs of executives www.StudsPlanet.com
  • 13. Other categories a) Expert systems b) End user computing systems c) Business information systems d) Strategic information systems a) Expert Systems are knowledge-based systems that provides expert advice and act as expert consultants to the users b) End user computing systems support the direct, hands on use of computers by end users for operational and managerial applications c) Business information systems support the operational and managerial applications of the basic business functions of a firm d) Strategic information systems provide a firm which strategic products, services, and capabilities for competitive advantage www.StudsPlanet.com
  • 14. Functional BusinessFunctional Business Information SystemsInformation Systems Production Operations Production Operations MarketingMarketing Human Resource Management Human Resource Management FinanceFinanceAccountingAccounting Functional Business Systems www.StudsPlanet.com
  • 15. Marketing InformationMarketing Information SystemsSystems Marketing Information Systems Marketing Information Systems Interactive Marketing Sales Force Automation Sales Force Automation Customer Relationship Management Customer Relationship Management Sales Management Sales Management Market Research and Forecasting Market Research and Forecasting Advertising and Promotions Advertising and Promotions Product Management Product Management www.StudsPlanet.com
  • 16. Interactive marketingInteractive marketing Interactive marketing: – A customer-focused marketing process – Using the Internet, intranets, and extranets – To establish two-transactions – Between a company and its customers or potential customers Goal: – to profitably attract and keep customers – who will become partners with the business – in creating, purchasing and improving productswww.StudsPlanet.com
  • 17. Targeted MarketingTargeted Marketing An advertising and promotion management concept that includes five targeting components
  • 18. Targeted MarketingTargeted Marketing ComponentsComponents  Community – customize advertising to appeal to people of specific virtual communities  Content – advertising placed on a variety of selected websites aimed at a specific audience  Context – advertising placed on web pages that are relevant to the content of a product or service  Demographic/Psychographic – web marketing efforts aimed at specific types or classes or people  Online Behavior – promotion efforts tailored to each visit to a site by an individual, e.g., using cookies files www.StudsPlanet.com
  • 19. Sales Force AutomationSales Force Automation Outfit sales force with notebook computers, web browsers and sales contract management software Connect them to marketing websites and company intranet Goal: – Increase personal productivity – Speeds up capture and analysis of sales data from the field to marketing managerswww.StudsPlanet.com
  • 20. Manufacturing InformationManufacturing Information SystemsSystems Engineering Systems •CAD •CAE •Computer- Aided Process Planning Manufacturing Execution Systems •Shop Floor •Scheduling •Machine Control •Process Control •Robotic Control Computer Integrated Manufacturing Manufacturing Resource Planning •Production Forecasting •Production Scheduling •Quality Control Remote Worker Supplier Extranet Intranet www.StudsPlanet.com
  • 21. Manufacturing InformationManufacturing Information SystemsSystems Support the production/operations function Includes all activities concerned with planning and control of producing goods or services www.StudsPlanet.com
  • 22. Human ResourceHuman Resource ManagementManagement •Manpower Planning •Labor Force Tracking •Labor Cost Analysis •Turnover Analysis •Recruitment •Workforce Planning •Skill assessment •Performance evaluation •Payroll control •Benefits Administration •Compensation effectiveness •Benefits Analysis •Contract costing •Salary forecast •Succession planning •Performance appraisal plans •Training effectiveness •Career matching Staffing Training & Development Compensation Administration Strategic Systems Tactical Systems Operationa l Systems www.StudsPlanet.com
  • 23. Human Resource Management (HRM)Human Resource Management (HRM) Information systems designed to support – Planning to meet the personnel needs of the business – Development of employees to their full potential – Control of all personnel policies and programs www.StudsPlanet.com
  • 24. HRM and the InternetHRM and the Internet Recruiting employees using the corporate website and commercial recruiting services Posting messages in selected Internet newsgroups Communicating with job applicants via e- mail www.StudsPlanet.com
  • 26. Accounting Information SystemsAccounting Information Systems Record and report the flow of funds through an organization Produce financial statements Forecasts of future conditions www.StudsPlanet.com
  • 27. Financial ManagementFinancial Management SystemsSystems Support business managers and professionals in decisions concerning – The financing of a business – The allocation and control of financial resources within a business www.StudsPlanet.com
  • 28. Financial Management System ExamplesFinancial Management System Examples Financial Information Systems Financial Information Systems Financial Planning Financial Planning Cash Management Investment Management Investment Management Capital Budgeting www.StudsPlanet.com
  • 29. Information Systems DevelopmentInformation Systems Development www.StudsPlanet.com
  • 30. Systems Development Life Cycle (SDLC) - describes the life of an information system from conception to retirement. 1. System identification, selection, and planning 2. System analysis 3. System design 4. System implementation 5. System maintenance Steps in the SystemsSteps in the Systems Development ProcessDevelopment Process www.StudsPlanet.com
  • 31. Phase 1: System Identification, Selection, and Planning – Undertake only those projects critical to mission, goals, and objectives – Select a development project from all possible projects that could be performed – Different evaluation criteria used to rank potential projects Steps in the Systems Development Process www.StudsPlanet.com
  • 32.  Phase 1: System Identification, Selection, and Planning – Evaluation criteria  Strategic alignment: The extent to which the project is viewed as helping the organization achieve its strategic objectives an d long-term goal.  Potential benefits: The extent to which the project is viewed as improving profits, customer service, and the duration of the benefits  Potential costs and resource availability: The number and types of resources the project requires and their availability  Project size / duration: The number of individuals and the length of time needed to complete the project  Technical difficulty / risks: The level of technical difficulty involved to complete the project within a given time and resources Steps in the Systems Development Process www.StudsPlanet.com
  • 33. Phase 2: System Analysis – Collecting System Requirements: Requirement collection is process of gathering and organizing information from users, managers, business processes, an documents to understand how a proposed system should work  System analysts use a variety of techniques to collect system requirements – Interviews: analysts interview people – Questionnaires: analysts design and administer surveys. – Observations: analysts observe workers at selected times – Document analysis: analysts study business documents  Critical Success Factors (CSF): analysts ask each person to define her own personal CSFs.  Joint Application Design (JAD): Special type of a group meeting where all users and analysts meet at the same time Steps in the Systems Development Process www.StudsPlanet.com
  • 34. Phase 2: System Analysis – Modeling Organizational Data: To construct an information system, systems analysts must understand what data the information system needs in order to accomplish the intended tasks. To do this they use data modeling tools to collect and describe data to users.  Entity Relationship Diagram (ERD) – Modeling Organizational Processes and Logic  Data flows  Processing logic Steps in the Systems Development Process www.StudsPlanet.com
  • 35. Phase 3: System Design – Designing forms and reports – Designing interfaces and dialogues – Designing databases and files – Designing processing and logic Steps in the Systems Development Process www.StudsPlanet.com
  • 36. Phase 4: System Implementation – Software programming – Software testing  Developmental: Programmers test the correctness of individual modules and the integration of multiple modules  Alpha: Software tester tests whether it meets design specifications  Beta: Actual system users test the capability of the system in the user environment with actual data Steps in the Systems Development Process www.StudsPlanet.com
  • 37.  Phase 4: System Implementation – System conversion  Parallel  Direct  Phased  Pilot – System documentation, training, and support  User and reference guides  Training and tutorials  Installation procedures and troubleshooting guides Steps in the Systems Development Process www.StudsPlanet.com
  • 38.  Phase 5: System Maintenance – Maintenance process steps: 1. Obtain maintenance request 2. Transform requests into changes 3. Design changes 4. Implement changes Steps in the Systems Development Process www.StudsPlanet.com
  • 39.  Phase 5: System Maintenance – Maintenance types: 1. Corrective maintenance 2. Adaptive maintenance 3. Perfective maintenance 4. Preventive maintenance Steps in the Systems Development Process www.StudsPlanet.com
  • 41. The basic information systems required by organizations to coordinate worldwide trade and other activities International Information Systems ArchitectureInternational Information Systems Architecture International information systems architecture: A force in the environment to which businesses must respond and that influences the direction of the business Business driver: www.StudsPlanet.com
  • 42. International Information Systems Architecture THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS www.StudsPlanet.com
  • 43. The Global Environment: Business Drivers and ChallengesThe Global Environment: Business Drivers and Challenges The global business drivers can be divided into two groups: THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS Global communication and transportation technologies Development of global culture General cultural factors: www.StudsPlanet.com
  • 44. THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS Emergence of global social norms Political stability Global knowledge base General Cultural Factors: (Continued) www.StudsPlanet.com
  • 45. THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS Global markets Global production and operations Global coordination Global workforce Global economies of scale Specific business factors: www.StudsPlanet.com
  • 46. THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS Business Challenges Cultural particularism: Regionalism, nationalism, language differences Social expectations: Brand-name expectations, work hours Political laws: Transborder data and privacy laws, commercial regulations General: www.StudsPlanet.com
  • 47. THE GROWTH OF INTERNATIONAL INFORMATION SYSTEMS Standards: Different Electronic Data Interchange (EDI), telecommunications standards Reliability: Phone networks not uniformly reliable Speed: Different data transfer speeds, many slower than United States Personnel: Shortages of skilled consultants Specific: www.StudsPlanet.com
  • 48. ORGANIZING INTERNATIONAL INFORMATION SYSTEMS Three kinds of organizational structure: Centralized (in the home country) Decentralized (to local foreign units) Coordinated (all units participate as equals) Global Strategies and Business Organization www.StudsPlanet.com
  • 49. ORGANIZING INTERNATIONAL INFORMATION SYSTEMS Heavy centralization of corporate activities in the home country of origin Domestic exporter strategy: Centralized financial management and control while decentralizing production, sales, and marketing operations to units in other countries Multinational strategy: www.StudsPlanet.com
  • 50. ORGANIZING INTERNATIONAL INFORMATION SYSTEMS The product is financed and initially produced in the home country, but for product-specific reasons rely on foreign personnel for further production, marketing, and human resources. Franchisers: The value-adding activities are managed from a global perspective without reference to national borders, optimizing sources of supply and demand wherever they appear, and taking advantage of any local competitive advantages. Transnational strategy: www.StudsPlanet.com
  • 51. Global Systems to Fit the StrategyGlobal Systems to Fit the Strategy Global Strategy and Systems Configurations ORGANIZING INTERNATIONAL INFORMATION SYSTEMS www.StudsPlanet.com
  • 52. Management Information SystemsManagement Information Systems Chapter 16 Managing International Information SystemsChapter 16 Managing International Information Systems 1. Centralized systems: Systems development and operation occur totally at the domestic home base. 2. Duplicated systems: Development occurs at the home base but operations are handed over to autonomous units in foreign locations. Four types of systems configuration: ORGANIZING INTERNATIONAL INFORMATION SYSTEMS www.StudsPlanet.com
  • 53. 3. Decentralized systems: Each foreign unit designs its own unique solutions and systems. 4. Networked systems: Systems development and operations occur in an integrated and coordinated fashion across all units. ORGANIZING INTERNATIONAL INFORMATION SYSTEMS Four types of systems configuration: (Continued) www.StudsPlanet.com
  • 54. ORGANIZING INTERNATIONAL INFORMATION SYSTEMS Organize value-adding activities along lines of comparative advantage Develop and operate systems units at each level of corporate activity —regional, national, and international Establish at world headquarters Reorganizing the Business To develop a global company and information systems support structure: www.StudsPlanet.com
  • 55. MANAGING GLOBAL SYSTEMS Agreeing on common user requirements Introducing changes in business processes Coordinating applications development Coordinating software releases Encouraging local users to support global systems Management Challenges in Developing Global Systems Table 16-4www.StudsPlanet.com
  • 56. MANAGING GLOBAL SYSTEMS Define the core business processes: Conduct workflow analysis, identify centers of excellence for these processes Identify the core systems to coordinate centrally: Conquer the core systems and define these systems as truly transnational Choose an approach: Incremental, Grand Design, Evolutionary Make the Benefits Clear Global Systems Strategy www.StudsPlanet.com
  • 57. Local, Regional, and Global SystemsLocal, Regional, and Global Systems MANAGING GLOBAL SYSTEMS www.StudsPlanet.com
  • 58. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Computing platforms and systems integration: Develop global, distributed, and integrated systems to support digital business processes spanning national boundaries Use of same hardware and operating system does not guarantee integration. Establish data and technical standards Technology Challenges of Global Systems www.StudsPlanet.com
  • 59. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Overcoming disparate national technical standards, data exchange restrictions and service levels User of Internet technology to create global intranets, extranets, virtual private networks (VPNs) Connectivity: Technology Challenges of Global Systems (Continued) www.StudsPlanet.com
  • 60. Internet Population in Selected Countries TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS www.StudsPlanet.com
  • 61. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Cost of new interface designs Integrating new systems with old User interface design Differences in language and conventions Software: Unique challenges for application software: www.StudsPlanet.com
  • 62. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Outsourcing portions of new systems like development work or maintenance of existing systems to external vendors in another country Offshore software outsourcing: Managing Global Software DevelopmentManaging Global Software Development www.StudsPlanet.com
  • 63. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Contract cost Vendor selection costs Transition management and knowledge transfer costs Domestic human resources costs Major cost components of offshore software development: www.StudsPlanet.com
  • 64. TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS Costs of improving software development processes Costs of adjusting to cultural differences Cost of managing an offshore contract Major cost components of offshore software development: (Continued) www.StudsPlanet.com
  • 65. Total Cost of Outsourcing TECHNOLOGY ISSUES AND OPPORTUNITIES FOR GLOBAL VALUE CHAINS www.StudsPlanet.com
  • 66. MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS Management Opportunities: Ability to lower costs through global scale economies by building international systems for producing and selling goods and services in different regions of the world www.StudsPlanet.com
  • 67. Finding the right global business strategy Difficulties of managing change in a multicultural firm Difficulties of achieving global connectivity and integration Management Challenges: MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS www.StudsPlanet.com
  • 68. Agreeing on common user requirements Introducing changes in business processes Coordinating applications development Coordinating software releases Encouraging local users to support global systems Solution Guidelines: MANAGEMENT OPPORTUNITIES, CHALLENGES, AND SOLUTIONS www.StudsPlanet.com

Editor's Notes

  1. Functional Business Systems: Information systems within a business organization that support one of the traditional functions of business such as marketing, finance, or production. Functional business systems can be either operations or management information systems. Marketing: Accounting: - Customer relationship management- Order processing - Interactive marketing- Inventory control - Sales force automation- Accounts receivable - Accounts payable Human Resource Management- Payroll - Compensation analysis- General ledger - Employee skills inventory - Personnel requirements forecastingFinance: - Cash management Productions/Operations- Credit management - Manufacturing resource planning- Investment management - Manufacturing execution systems- Capital budgeting - Process control- Financial forecasting Teaching Tips This slide corresponds to Figure 7.12 on pp. 232 and relates to the material on pp. 232-244.
  2. Marketing is concerned with the planning, promotion, and sale of existing products in existing markets and the development of new products and new markets to better serve present and potential customers. Marketing information systems assist marketers in meeting the information needs in each of the following areas: Sales Management. Here the information system helps plan, monitor, and support the performance of salespeople and sales of products and services. Sales Force Automation. Here the information system automates the recording and reporting of sales activity by salespeople and the communications and sales support from sales management. Product Management. Here the IS helps plan, monitor, and support the performance of products, product lines, and brands. Advertising and Promotion. Here information systems help select media and promotional methods and control and evaluate advertising and promotion results. Sales Forecasting. An information system can rapidly produce short- and long-term sales forecasts. Market Research. The tools of an information system can assist researchers in collecting and analyzing internal and external data on market variables, development, and trends. Marketing Management. Information systems can help marketing managers develop marketing strategies and plans based on corporate goals and market research and sales activity data, and monitor and support overall marketing activities.
  3. Manufacturing Information Systems support the production/operations function, which includes all activities concerned with the planning and control of the processes that produce goods and services. These operational systems can be divided into the following categories: Computer-Integrated Manufacturing. CIM stresses that the computer use in factory automation must be to: Simplify (reengineer) production processes, product designs, and factory organization as a vital foundation to automation and integration. Automate production processes and the business functions that support them with computers and robots. Integrate all production and support processes using computers and telecommunications networks. Process Control. Process control is the use of computers to control an ongoing physical process. Process control software uses mathematical models to analyze the ongoing process and compare it to standards or forecasts of required results. Machine Control. Also called numerical control, it uses computer programs for machine tools to convert geometric data from engineering drawings and machining instructions from process planning into commands that control the machines. Robotics. Robotics is the technology of building and using machines (robots) with computer intelligence and computer-controlled human like physical capabilities. Computer-Aided Engineering. Manufacturing engineers use powerful workstations with enhanced graphics and computational capabilities to simulate, analyze, and evaluate models of product design in less time and at lower cost than constructing physical prototypes.
  4. The human resource management (HRM) function involves the recruitment, placement, evaluation, compensation, and development of employees Goal of HRM is the effective and efficient use of the human resources of a company. Human resource information systems are designed to support: 1. Planning to meet the personnel needs of the business 2. Development of employees to their full potential 3. Control of all personnel policies and programs. Originally, businesses used computer-based information systems to: (1) Produce paychecks and reports, (2) maintain personnel records,and (3) analyze the use of personnel in business operations. Many firms have developed HRIS that support: 1. Recruitment, selection, and hiring. 2. Job placement 3. Performance appraisals 4. Employee benefits analysis 5. Training and development 6. Health, safety, and security. Teaching Tips This slide corresponds to Figure 7.21 on pp. 239 and relates to the material on pp. 238-240.
  5. Began to produce paychecks and payroll reports, manage personnel records and analyze the use of personnel in the business. Has gone far beyond that as shown in next slide.
  6. Accounting Information Systems are the oldest and most widely used information systems in business. They record and report business transactions and other economic events. Operational accounting systems emphasize legal and historical record-keeping and the production of financial statements. Management accounting systems focus on the planning and control of business operations. Six common purposes of accounting systems include: Order Processing. Or, sales order processing is an important transaction processing system which captures and processes customer orders and produces invoices for customers and data needed for sales analysis and inventory control. Inventory Control. These systems track and monitor levels of and changes in inventory. They may be programmed to notify managers if some threshold level of inventory is reached that requires a decision. They may also be equipped to handle routine re-order information. Accounts Receivable. Accounts receivable systems keep records of amounts owed by customers from data generated by customer purchases and payments. Accounts Payable. Accounts payable systems keep track of data concerning purchases from and payments to suppliers. Payroll. Payroll systems receive and maintain data from employee time cards and other work records to produce paychecks and other documents such as earning statements, payroll reports, and labor analysis reports. General Ledger. General ledger systems consolidate data received from accounts receivable, accounts payable, payroll, and other accounting information systems. Teaching Tips This slide corresponds to Figure 7.23 on pp. 241 and relates to the material on pp. 241-243.
  7. Oldest and most widely used information systems
  8. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  9. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  10. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  11. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  12. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  13. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  14. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  15. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.
  16. An organization can only work on only a limited number of projects at a given time due to limited resources so care must be taken when selecting the projects to build. After all possible projects are identified, those deemed most likely to yield significant organizational benefits, given available resources, are selected for subsequent development. Some possible evaluation criteria for ranking potential projects are: strategic alignment, potential benefits, potential costs and resource availability, project size and duration, and technical difficulty.