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BUSI 1003 Introduction to Management Information Systems An Overview of Information, Systems and Information Systems

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Title: 11. Building Information Systems Author: Ada Last modified by: Ada Created Date: 9/27/1998 7:11:14 PM Document presentation format: On-screen Show (4:3) – PowerPoint PPT presentation

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Title: BUSI 1003 Introduction to Management Information Systems An Overview of Information, Systems and Information Systems


1
BUSI 1003 Introduction to Management Information
SystemsAn Overview of Information, Systems and
Information Systems
  • References
  • Laudon, K. C. and Laudon, J. P., Management
    Information Systems Managing the Digital Firm,
    12th edition, Prentice-Hall, 2011.

2
Major Issues
  • Why Information Systems (and what is that)?
  • Contemporary Approaches to IS
  • Scope and Roles of IS

3
Why Information Systems?
  • Information Systems are Transforming Business
  • Globalization Opportunities
  • The Emerging Digital Firm
  • Productivity
  • Strategic Business Objectives of Information
    Systems

4
Why Information Systems?
  • Operational Excellence
  • New Products, Services and Business Models
  • Customer and Supplier Intimacy
  • Improved Decision Making
  • Competitive Advantage
  • Survival

5
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6
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7
Data
  • Raw facts concerning occurrences or happenings in
    a business
  • Usually, too voluminous to be of use to a manager
  • Therefore, require to do some

8
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9
Information
  • Data after transformation
  • A collection of facts organized in such a way
    that they have additional value beyond the value
    of the facts themselves

10
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11
The process of transforming data into information
Transform-
Information
Data
ation
12
Data in an Organization
  • Accounting data, marketing data, financial data,
    production data, corporate data, etc...
  • From journals, ledgers, sales vouchers, invoices,
    work orders, staff records, etc...
  • Organize these data in a meaningful way to
    transform them into information

13
Transforming data into information
Ledgers
tables
Balance Sheets
charts
calculations
Sales Invoices
Sales Reports
lists
Staff performance report
Staff records
14
Good Information (or data)
  • Accurate free from error, GIGO
  • Complete having all necessary parts
  • Economical the value outweighs the cost
  • Reliable from a known and good source
  • Relevant related to the matter at hand
  • Simple beware of overload
  • Timely fresh and new
  • Verifiable can be checked for correctness

15
Now, what is a
SYSTEM ?
16
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17
O.K. Then, what is an
INFORMATION SYSTEM ?
18
An Information System
  • A set of interrelated elements that
    COLLECT (INPUT), MANIPULATE
    (PROCESSING), DISSEMINATE (OUTPUT)
    data and information as well as a
  • FEEDBACK mechanism.

19
Dimensions of Information Systems
20
An Information System can be
MANUAL or
COMPUTERIZED
21
Automate routine, labor-intensive daily business
transaction processes
TPS
Develop (periodical) reports for management uses
Computer Based Information System
MIS
Support problem specific managerial decision
making
DSS
Make decisions/recommendations for the management
ESS
21
22
FUNCTIONS OF AN
INFORMATION SYSTEM
23
Major Issues
  • Why Information Systems (and what is that)?
  • Contemporary Approaches to IS
  • Scope and Roles of IS

24
System Interdependence
INFORMATION SYSTEM
25
Approaches to IS
BEHAVIORAL APPROACHES
26
Major Issues
  • Why Information Systems (and what is that)?
  • Contemporary Approaches to IS
  • Scope and Roles of IS

27
Scope of Information Systems
27
28
The Digital Firm
  • Electronic Commerce
  • Electronic Business
  • Electronic Market
  • Information system links buyers sellers to
    exchange information, products, services,
    payments

28
29
What you will learn
WHAT
INFORMATION SYSTEM
WHY
HOW
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