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Management Information Systems

   

Added on  2023-04-04

16 Pages2935 Words167 Views
MANAGEMENT
INFORMATION
SYSTEMS

Table of Contents
1.INTRODUCTION....................................................................................................................................3
2.Differentiating structured,semi-structured and unstructured decisions.....................................................3
3. Decision Support System.........................................................................................................................6
4.Decision Making Process.........................................................................................................................7
5. Executive Information System / Executive Support System..................................................................10
6.Transaction Processing System..............................................................................................................11
Conclusion.................................................................................................................................................13
REFERENCES..........................................................................................................................................14

1.INTRODUCTION
The keeping up of all sorts of financial information with respect to particular organization
in form of a computer based database is regarded as Management Information System. The
operations which are performed by each and every level of an organization are organized and
programmed into the form of daily report (Scherer and Schapke, 2011). Furthermore, the
possibility of formulating special reports is also possible. With such a system, the managers are
able to get a feedback about their own performance. This accounts to be the main purpose
served by MIS. Through its aid the top level management is able to do monitoring of its whole
organization as well. This type of system allows to demonstrate the past, present and future
information with respect to a particular organization. It involves the usage of software helping
towards decision making processes. In addition to this, databases, hardware of
resources ,decision support systems people & project management application, along with
additional computerized procedures for enabling the various departments within an organization
to run efficiently and effectively.All the information and technology based systems are
overlooked by the Management Information Systems. So within the report, various components
associated to the MIS have been briefly discussed making it clearly understandable. The different
types of decision making process along with Data support system have been analyzed. Also the
Executive support system along with Transaction processing systems have been pondered upon.
2.Differentiating structured,semi-structured and unstructured decisions
Structured decisions :-
Within this category all three main procedures of data, process and evaluation are
included. Broadlyroutine based decisions are taken on a regular basis. As contextualized by
Tipton and Nozaki, (2012), whenever the management of an organization have to come across a
problem then, they are able to get a more clear cut & effective solution with the help of
structured decisions. These decisions are very much focused about finding the key solution
towards a problem. In order for taking structured decisions the Management Information System
emerges out to be an effective tool. It has been critically argued that the methodology involved
within determining and finding particular solution towards a problematic situation in case of

structured decisions is very well formulated and further executed. They are generally undertaken
by a firm's management &higher authorities on a daily regular basis. This category of decision is
very well straight forwarded.
Semi-structured decisions :-
According to the statement given by Laudon, Laudon and Brabston, (2011), this category
of decision comes under the influence of somewhere in the middle of structured & unstructured
decisions. While carrying the procedure of making decisions, this category requires the
involvement of some sort of judgements from other people. In addition to this, agreements are
also being made with respect to the final solution towards the problems within an organization.
Unstructured Decisions :-
The decisions coming under this category account to be very occasional along with the
uniqueness in their nature. No such predefined procedure are there for solving of these problems,
which leads to a conclusion that, for every occurring problem, a new analyzation procedure has
to be followed. Considering the higher levels of management, more amount of such decisions
have to be faced by them (Unit 127 - Spatial Decision Support Systems, 2010). These also involve a high
level of complexity within them. So, keeping this in mind, no already tried or true methods are
available in order to handle them. Furthermore, they involve a much high risk factor within them.
Figure 1 : Different types of decisions
(Source: Unit 127 - Spatial Decision Support Systems, 2010)

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