logo

Management Information System: Concept, Features, and Future Trends

   

Added on  2023-01-13

10 Pages3006 Words52 Views
 | 
 | 
 | 
Management
Information System
Management Information System: Concept, Features, and Future Trends_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Discussing the overall concept and features decision support system, Executive Information
System and Expert System-........................................................................................................1
Difference between Executive Information System, Decision Support System and Expert
System-........................................................................................................................................3
Future trend, challenges or issue of the Expert System and Decision Support System-............4
Best type of decision support system which is to be utilized for supporting company-.............6
CONCLUSION................................................................................................................................6
REFRENCES...................................................................................................................................8
Management Information System: Concept, Features, and Future Trends_2

INTRODUCTION
Management Information System is system of computer that consists of software and
hardware which serves as backbone of the company's overall operation. The data's are collected
from multiple online system, analyzing the information. And report data for aiding the decision-
making into the management.
FYI is the company which sells sunglasses, frame, contact lenses etc., The company
operated its business under the optical industry. Above report includes the overall concept and
features of Expert System, Decision-Support System and the Executive Information System. The
difference among the three of them above. Report carried forward with future trend, challenge or
issued which are faced by company under Expert system and DSS. The report ends with the best
type of DSS which can be utilized by company to run their business.
MAIN BODY
Discussing the overall concept and features decision support system, Executive Information
System and Expert System-
Decision Support System (DSS):
It is the computerized program which is utilized for supporting judgements,
determination and several courses of action into the company or businesses. Decision Support
System shifts by and analyze wide range of data, further compiling the comprehensive
information which could be utilized for solving problem and into the decision-making. The
typical information could be utilized by the DSS contains target or project revenue, figure of
sales or the past ones from various time period, and another data related to the operation or
inventory (Zhang, 2016). The decision support system collects and analyze data, synthesizing
data for producing comprehensive reports of information. It is different from general operation
application, which function is to just collect the data.
Features-
The DSS is computer-based system which is designed for interactive utilization of
decision maker or the staff user who are controlling sequence of operation and interaction
performed.
The decision maker are not intended to be replaced, but still the DSS could support
decision maker at every level of company.
1
Management Information System: Concept, Features, and Future Trends_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Categories of Information Systems and Benefits of ERP System
|9
|2586
|48

Information System in Decision Making
|4
|742
|42

What is Management Information Systems
|15
|3615
|9

Decision Support Systems: An Overview
|9
|2274
|86

Role of Decision Support Systems Managers are able to get
|5
|425
|297

Information Systems in Business
|9
|2526
|66