management information system

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

E-commerce is the process of buying and selling of various products and services by businesses through the Internet. Primarily there are five types of ecommerce systems: Business to Consumer (B2C)

Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer

Alibaba is an e-commerce giant whose primary focus is to help small businesses grow by helping with their information technology needs. They provide services through a “business-to-business” platform that connects small businesses with overseas suppliers. The Taobao division within Alibaba also consist of a business-to-customer set up. Alibaba has "a 15-node cluster dedicated to processing sorts of business data dumped out of database, and joining them together. This data will then be fed into iSearch, their vertical search engine. Each node has 8 cores, 16G RAM and 1.4T storage", (Matteson, 2014). Alibaba uses this cloud based technology to service its clients at a very high level. The biggest competitor of Alibaba, is Amazon, who uses information systems like TPS. Alibaba has five different websites that are designed for specific purposes, helping it to maintain its competitive advantage. Alibaba has significantly more of the China market cornered, than Amazon has of the United States. Any business that uses cloud based technology runs the risk of loss or theft of proprietary information, increased incidents of clients taking their business elsewhere due to perceived vulnerabilities of that system, and loss of control over users that are performing actions that the companies have no knowledge

Management Information system is an online database of financial informational organized and programmed that works to produces regular reports on operations for different level of management in a company. It can also be used and developed special reports for daily operations. Another purpose of MIS is to give feedback to the managers about their performance; and give the top manger oversight to monitor the whole company. Information shown by MIS shows the actual data over and against planned results from a year ago to manage the progress and goals. MIS use routine reports that are programmed and ran in intervals or on demand while others are obtained using built-in demand languages; displayed functions built into the system used for the

Maxis is one of the telecommunications service providers in Malaysia, enabling both individual and business customers to connect and communicate from any device. Such as voice calls, text and picture messaging services. As a provider of 3G and 4G extended range of data services such as mobile

As shown in Table 2, Maxis was the winner in 2013 and 2014 as Maxis had the highest mobile service revenue and market share compared to Celcom and Digi. In our study, the reason why Maxis had the greatest mobile service revenue is Maxis offers different service plans to serve different customers in order to meet their needs. For instance, the service plans provided by Maxis include postpaid plans, prepaid plans, broadband plans. In addition, Maxis offers mobile services such as call forwarding, call waiting, voicemail, home call forwarding, caller line identification presentation (CLIP), caller line identification restrictor (CLIR), Call-Me-Back *126* and itemized billing (“Phone & Number Services,”

1. Define an expert system, describe how it works, and explain its value to business

Management control system (MCS), as a vital part of an organization, which purpose allows organizations to ensure that their activities achieve the objects they desire. The process of designing and improving MCSs requires addressing three basic questions. What is desired? What is likely to occur? And What is the effect of contextual factors ?Then managers must address each of these questions. What controls should be used?

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

4. Define an information system from both a technical and business perspective and distinguish between computer literacy and information systems

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.

Management Information Systems (MIS) are a combination of computing and communications hardware, operating system software, applications software, and specialized staff used to achieve business goals, objectives, and meet the needs of the organization (Erbschloe, 2008). MIS can be used in numerous ways throughout business operations, they support several departments within a company including but not limited to accounting, customer relations, manufacturing, internet support, etc. More specifically, an information system (IS) is a term that’s more restricted because it refers to software and staff that specialize in processing and interpreting information through a computerized database or computer system. Costco and Wal-Mart have Information Systems in place to assist with providing better service to their members and customers. These systems are also used to help manage internal operations as well as make vital decisions.

A system can be simply defined as a group of interrelated or interacting elements forming a unified whole. Many examples of systems can be found in the physical and biological sciences, in modern technology, and in human society. Thus, we can talk of the physical system of the sun and its planets, the biological system of the human body, the technological system of an oil refinery, and the socioeconomic system of a business organization. A system is a group of interrelated components working together toward a common goal by accepting inputs and producing outputs in an organized transformation process. Such a system (sometimes called a dynamic system) has three basic interacting components or functions:

“The study of MIS is not about the use of computers, it is about the provision and use of information relevant to the user. Computers are one - albeit important - means of producing information and concentration on the means of production rather than the needs of the user can lead to expensive mistakes." (Lucey [1997] pg 195)