Describe The Advantages And Disadvantages Of The Management Information System

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The administration process in any organization depends mainly on effective decision making. The Management Information Systems (MIS) appeared with the aim to facilitate the planning and decision making process and therefore the administration process by incorporating the processes of collecting, processing, storing, retrieving and communicating information towards a more efficient management and planning in businesses. Therefore; MIS can be defined as a system that transforms data to information that is communicated with management in a proper form (Al-Mamary, Shamsuddin et al. 2013). It is designed for a better communication among management and employees and for serving as an information recording system that support the organization's strategic…show more content…
Such advancements at the technological level provide businesses with a variety of systems to adopt for an efficient decision making. However, businesses should study the MIS options available, their needs, and their internal IT structure since it is the backbone for the entire operation to decide what is appropriate for them.

This report will highlight two technological trends that are currently being widely discussed. These are Virtualization and Cloud computing. The report will define these terms, specify their characteristics, clarify the advantages and disadvantages for each and will discuss what better suits the banking sector by taking the Bank of Jordan as a case.

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 Application Virtualization: means to abstract the application layer from the operating system, and run it in a compressed form without depending on the operating system.
2.1.1 Virtualization characteristics
In reference to an article presented at ("5 Characteristics Of Virtualization", 2010), describes five characteristics of virtualization as follows:
 Flexible: business can configure and reconfigure to meet the changing environment and the company and customer needs.
 Scalable: business can scale up or down to facilitate its growth and expansion depending on its needs.
 Efficient: virtualization saves money on the business.
 Secure: virtualization provide high security on company’s data.
 Accessible: it is accessible to anyone needs it at any time.
2.1.2 Advantages and Disadvantages of Virtualization
Virtualization has recently spread widely among businesses as an IT solution; and became one of the most used products regardless of the business size due to its benefits (Occupytheory 2015). However; before adopting virtualization companies should know in addition to the advantages of virtualization the disadvantages associated with its adoption and then to decide whether to adopt it or not. Main advantages and disadvantages of virtualization of virtualization are illustrated in table
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