Problems and Prospects of MIS in Bangladesh

This article makes up Chapter 1 of the free, open access book titled, Information Systems: A Manager's Guide to Harnessing Technology, by John Gallaugher. Please ensure that you read the entire Chapter 1 of the book consisting of 3 parts (Part 1 Introduction; Part 2 Don’t Guess, Gather Data; and Part 3 Moving Forward).

There are several major factors contributing to Bangladesh’s poor growth. Some of which are, but not restricted to, limited exports,

Valacich, J., & Schneider, C. (2012).Information systems today: Managing in the digital world(5th ed.). Upper Saddle River, NJ: Pearson Education.

O’Brien, J. A., & Marakas, G. M. (2011). Management information systems (10th ed.). New York, NY: McGraw-Hill.

Laudon, K. L. a. J. Management Information Systems, 12/e for DeVry University (12th ed). Pearson Learning Solutions. Retrieved from http://devry.vitalsource.com/books/9781256399933/id/ch02fig07

The authors consist of Robert Miller, Kristine Parsons and David Lifer. Robert Miller is in charge of Business Information systems at Central Michigan University. While Kristine Parsons and David Lifer are apart of the Accounting/ MIS program at Ashland University.

Pearlson, K. E., & Saunders, C. S. (2013). Managing & Using Information Systems. John Wiley & Sons, Inc.

O’Brien, J., Marakas, G. (2011). Management of Information Systems. New York, NY. McGraw-Hill Irwin.  Retrieved from https://www.betheluniversityonline.net

Since all of us in our group are international students and a few of us are in our first semester at Swinburne, it was almost impossible for us to find an Information Systems Manager and would like to thank Jason for leading us to Mr. Mim Saznus. We understand that we are required to draw a direct correlation between what we’ve learnt in lectures and textbooks and see if we could relate it to challenges that Information Systems Managers face in the real world or see how much of a gap we have between what we learn and what actually happens in the corporate world. We would like to extrapolate inputs received from Mim during the interview in our research report and build on the points that he has made.

Brown, C., DeHayes, D. W., Hoffer, J. A., Martin, E. W., & Perkins, W. C. (2012). Managing Information Technology. New Jersey: Pearson Education.

MIS can deliver a great number of benefits to the enterprises in every industry and it is essential to any business’ success. It involves gathering of data and processing it to provide useful information which is relevant to the company's decision making process. Since MIS is crucial to the success of any business, being knowledgeable and skilful in the subject matter is a must.

The bank extends its loan facility to create employment and achieve economic growth in rural Bangladesh. It provides loan to farmers, fish and shrimp cultivators, and micro entrepreneurs. They may have loan for agro equipment and other expenditure related to production. All the efforts are targeted to employment generation and self employment. Well, all these loans are at easy terms.

The purpose of this report is to introduce an overview about SMEs. A critical evaluation and analysis of two small and medium enterprises, Icosium and NotontheHighStreet.com will be presented in this report and also will include the following steps: the business concept and sources of competitive advantage, the current demand and the competitive environment, the growth and development of the business to date, the challenges of managing and running the business, an estimate of the current valuation of the business, the SMEs current growth and development strategy and future recommendation. Furthermore in work will include a conclusion and recommendation.

The generation of self-employment in non-farm activities requires investment in working capital. However, at low levels of income, the accumulation of such capital may be difficult. Under such circumstances, loans, by increasing family income, can help the poor to accumulate their own capital and invest in employment-generating activities (Hossain, 1988). Commercial banks and other formal institutions fail to cater for the credit needs of smallholders, however, mainly due to their lending terms and conditions. It is generally the rules and regulations of the formal financial institutions that have created the myth that the poor are not bankable, and since they can’t afford the required collateral, they are considered uncreditworthy (Adera, 1995). Hence despite efforts to overcome the widespread lack of financial services, especially among smallholders in developing countries, and the expansion of credit in the rural areas of these countries, the majority still have only limited access to bank services to support their private initiatives (Braverman and Guasch, 1986). In the recent past, there has been an increased tendency to fund credit programmes in the developing countries aimed at small-scale enterprises. In Kenya, despite emphasis on increasing the availability of credit to small and microenterprises (SMEs), access to credit by such enterprises remains one of the major constraints they face. A 1995 survey of small and

A Report submitted to Prof. J.M. Shah for the partial fulfillment of the requirements for the subject Information Systems for Management under NMIMS University