mis ppt
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mis presentationTRANSCRIPT
- 1. Submitted To: Submitted By:Dr. Harshvardhan Halve Amrita
Pandey(201002AlokPaliwal(201002Akshay
Gupta(201002AkhilAgarwal(2010022)AkankshaPahwa(2010021)AdityaVikramMehra(2010020)
2. What is Management Information System?
MIS is a system that provides information needed to manage the
organizations effectively.
They are regarded to be the subset of the overall internal control
procedures, in a business, which covers the application of people,
documents, technologies and procedures used by management
accountants to solve business problems such as costing a product,
service or a business wide strategy.
Management information systems are distinct from regular
information systems in that they are used to analyze other
information systems applied in operational activities in the
organization.
3. Data, information and Systems
Data: is a fact, number, statement or a picture that is given. It
is the raw material in the production of information.
Information: is the data after manipulation, that has meaning
within a context.
Systems: a set of components that work together to achieve a common
goal. Often a system has several sub-systems. A system can be open
or closed, depending on the nature ofinformation flow in the
system.
4. Characteristics of useful information
Relevant:the information must be pertaining to the problem at
hand.
Complete: partial information is often worse than no
information.
Accurate: erroneous information might lead to disastrous
decisions.
Current: decisions should be based on the latest information
available, because what was a fact yesterday might no longer be one
today.
Economical:in business setting ,the cost of obtaining
informationmust be considered as one cost element involved in any
decision.
5. Four stages of processing
Input: collecting and entering the data into the information
system.
Data Processing:here the data is manipulated into information using
mathematical, statistical and other tools.
Output: the information is displayed or presented.
Storage: data and information are maintained for later use.
6. Ethical and Societal Issues
Consumer Privacy: organizations collect (and sometimes sell) huge
amount of data on individuals.
Employee Privacy: IT supports remote monitoring of employees,
violating privacy and creating stress.
Freedom of Speech: IT increases opportunities for pornography, hate
speech, intellectual property crime, an d other intrusions;
prevention may abridge free speech.
- IT Professionalism: No mandatory or enforced code of ethics for IT professionals--unlike other professions.
7. Social Inequality: Less than 20% of the worlds population have ever used a PC; less than 3% have Internet access.