Managment Information System

1. On average, private sector IT projects underestimated budget and delivery time of systems by ________ percent.

A system is “A set of interrelated and interdependent parts arranged in a manner that produces a unified whole” (robbins 2006), and Systems theory is the

The five major components of an information system are as follows (1) to (5); (1) Hardware, multiple computer systems: microcomputers, minicomputers, and mainframes. (2) Software- computer software falls into two categories; systems software and applications software. Systems software manages the resources of the computer system and simplifies programming. Application Software is a program that directly assists end users in doing their work. Both can be purchased as ready-to-use packages. (3) Networks and communication facilities, includes Internet and intranets. This hardware and software facilitates fast and efficient transmission and reception of text, pictures and

Information systems (IS), technically are a set of interrelated components that collect and retrieve information, process and store it and support the organization in decision making. Information Technology (IT) is a shared technology and provides the platform for specific information. It consists of hardware and software for a business to achieve their objectives. Included is the computer systems, the computer, any hand-held devices, software the company needs to operate and storage. (20)

This aim of this document was to provide a summary and definition of the concept of Information Systems and contrast the subject against Information Technology. As part of this I have defined systems and I then have offered some brief commentary on how IS has changed over the last hundred years or so.

Q1. Information systems are sets of components related internally that collect, process, store, and distribute information to support decision making and control in an organization. Information systems may also help managers and workers analyze problems, visualize complex subjects, and create new products. There are three activities involved in information systems that produce the information that organizations need to make decisions, control operations, analyze problems, and come up with new products or services; they are input, processing, and output. Input collects raw data from inside the organization or from its outside environment.

The development of information systems requires cooperation between end-users and IS specialists. End users provide the business needs and requirements of the system. The people who will use the system the most know what functionality they require. For a large facility, there may be many departments

An information system has five key components: hardware, software, data, processes, and people. People who have an interest in an information system are called stakeholders.

System is a set of components or parts s interactive with each other and with inter-relations and interdependence (each of them depends on the other), which unite with each other through a certain order to form the component or All content of this system. In this TMA we will conceder on traditional forms of analysis and system thinking .both of them has similarities but also there is some differences between each others.

An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.

With the development of information technology industry rapidly, information system and technology had entered the daily life of thousands upon thousands of families. An information system is used to collect, process, create data and information as a complementary networks now. It can assist a large Internet which supports humans’ activities and decision. It is generally produced consists of six components, hardware, software, data, procedures, people, and feedback. Information systems include that people, processes, machines, DVDs, CDs, telephone, computer, iPhone, TV, iPad and information technology. Information’s produce needs Technology’s support. Technology is a collection of techniques, skills, methods and processes to

System: A system is defined as a bounded set of interrelated elements exhibiting coherent behavior as a trait (Constantine, 1986). Families are considered systems because they are made up of interrelated elements or objectives, they exhibit coherent behaviors, they have regular interactions, and they are interdependent on one another.

Groupon, launched in November 2008 in Chicago, US features a daily deals offered each day via email that offers savings of 50% or more on products and services on the best stuff to do, eat, see and buy in 48 countries around the world. Groupon uses collective buying power to offer huge discounts such as $100 worth of dinner for $50 and provide a win-win for business and consumers, negotiates unprecedented discounts with popular businesses and delivering more than 1,000 daily deals globally. Consumers buying the Groupon must pay its price upfront, and then have a certain amount of time, up to a year, to redeem it at the business. Groupon promotion is

Information systems: organized collection, processing, transmission and dissemination of information in accordance with defined procedures, whether automated or manual.

The local restaurant probably manages their lunch-time crowds using hand-held devices that allow the waiter or waitress to communicate menu orders directly to the kitchen. The rental car company uses information technology to track not only customer orders but may also use global positioning systems that relay the exact position of every car wherever it is. Your local drycleaners may also use information technology to keep track of all their chemical processes to ensure regulatory compliance. In short, there are very few businesses and organizations that do not currently use some form of information technology.