Monday, October 12, 2009

i learned about MIS is that how to make the business plan to stay strong and the customer will stay for a yr.

i learned more idea, the strategy, how to solve the problem of the company getting down, information system that i get, the productivity, the competitive advantage and many more.

i like the prof. also shempre siya gud nag tudlo. hehehe
ans.# 4


Effectiveness- Degree in which objectives are achieved and the extent to which target problem are resolved.


Efficiency- A general term capturing the amount of waste or other undesirable futures.

- how efficient is the trading going on the financial market.


Productivity- Is a measure of output from a production process per unit of input.

- ex. Labor productivity is typically measured on a ration of output for labor-hour,
an input.
ans.# 4


Effectiveness- Degree in which objectives are achieved and the extent to which target problem are resolved.


Efficiency- A general term capturing the amount of waste or other undesirable futures.

- how efficient is the trading going on the financial market.


Productivity- Is a measure of output from a production process per unit of input.

- ex. Labor productivity is typically measured on a ration of output for labor-hour,
an input.

Tuesday, September 29, 2009

ans. # 3

1. explain why strategy or strategic moves are important in business?

* strategic planning is an organizations process of defining its strategy or direction and making decision in allocating its resources to pursue this strategy, including its capital and people
* it is also true that strategic planning may be a told for effectively plotting the direction of a company.

2. Illustrate how information system can give business a competitive advantage?

* Information system provides internal control in business and other organization.
* Business computer were used for the practical business of computing the payroll and keeping
track of accounts payable and accouts reserable.

3. Identify the basic initiatives for gaining a competitive advantages

* various business analysis techniques can be used in strategic planning, including swot analysis
( strength, economic, social, and technological analysis or steer analysis) (social-culture,
technological, economical, ecological and regulatory fartors) and espistel ( environment,
political, informatics social technology, economic and legal?
Create new Product or Service


Introducing

new product and services are the lifeblood of all businesses. investing in their development is crucial to
business growth and profitability.

But embarking on the development process is risky. It needs considerable planning and organization.
This guide will outline the key stages in the life cycle of production and services so you know when the

times is right for you business to start the development process will explain how a planned and phased development process will help you make the wisest investment and budgeting decisions. It will also advise you on how best to create a development team and manage a project.


Subject converted in this guide


* Introduction
*The life cycle of production and services
*Developing your ideas
*matching products and services to market needs
*Pricing your proposed service or product
*Crating project development process
*Creating a project team
*Investment and cost control
*Manageable a development project
*Her's how i got my great new product in front of customers
*here's how developing a new product benefited my business

Thursday, September 10, 2009

assignment #2

1. Define close vs. open system
-open system, a system that is capable of self maintenance on the basis throught out of resources from the environtment.

2. What is information system?
-is usually a commerce & business administration dicipline & Frequently involves software dev't.

3. What is information map?
-it is derive from an analysis of the foxcitions, activities & transactions to achives its goal & strategies such as teaching Research Governance or Finace

4. Infomation technology
-The study, design, developments, implementation, support, management of computer system. Particularly software application & computer hardware.

5. Components of information system.
*Hardware & software
*Data/ Information
*Procedures/ Policies
*People
*Purpose
*Communication

6. Example of Information System
* Transaction Processing System
*Management Infomation System
*Decision Support System
*Office Automation
*Business Intellegence

Monday, August 31, 2009

assignment no.1

1.Explain why information system is important to business?


Six reasons why information systems are so important for business today include:

1. Operational excellence

2. New products, services, and business models

3. Customer and supplier intimacy

4. Improved decision making

5. Competitive advantage

6. Survival

Information systems are the foundation for conducting business today. In many

industries, survival and even existence without extensive use of IT is

inconceivable, and IT plays a critical role in increasing productivity. Although

information technology has become more of a commodity, when coupled with

complementary changes in organization and management, it can provide the

foundation for new products, services, and ways of conducting business that

provide firms with a strategic advantage.





2.Define Data Vs Information

Data is a collection of facts, figures and statistics related to an object. Data can be processed to create useful information. Data is a valuable asset for an organization.
Data can be used by the managers to perform effective and successful operations of management. It provides a view of past activities related to the rise and fall of an organization. It also enables the user to make better decision for future. Data is very useful for generating reports, graphs and statistics.


Information as a concept has a diversity of meanings, from everyday usage to technical settings. Generally speaking, the concept of information is closely related to notions of constraint, communication, control, data, form, instruction, knowledge, meaning, mental stimulus, pattern, perception, and representation.



3.System


System is a set of interacting or interdependent entities forming an integrated whole.