Management Information System Report: Tesco Business Operations

Verified

Added on  2021/02/19

|10
|3089
|14
Report
AI Summary
This report provides an in-depth analysis of the Management Information System (MIS) implemented at Tesco, a multinational retail giant. The introduction highlights the significance of MIS in facilitating effective decision-making, coordination, and control within an organization, setting the stage for an examination of Tesco's business activities. The main body of the report delves into the importance of information technology (IT) in Tesco's operations, emphasizing its role in business communication, operational management, and decision-making processes. A key focus is the implementation of a Human Resource Management System (HRMS), including modules like payroll, time and attendance, and benefits administration. The report further explores the benefits of HRMS in Tesco, facilitating business processes between departments and supporting management decisions related to promotion, increment, and staffing. The final section underscores the importance of safety, confidentiality, and data integrity within Tesco's MIS. The report concludes by summarizing the overall impact and benefits of MIS within the context of Tesco's operations. This report is a valuable resource for students studying business development and management information systems.
tabler-icon-diamond-filled.svg

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Management Information
System
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................1
Main body........................................................................................................................................1
importance of Information...............................................................................................................1
How human resource management system being implemented In organization.........................2
Importance of human resources management system in Tesco...................................................3
Human resource management system able to facilitate the business process between
departments OF TESCO..............................................................................................................4
HRM management system support the management decision in promotion, increment and
staffing. .......................................................................................................................................5
Aspect of safety, confidentiality and integrity.............................................................................5
Information system can be used to increase opportunities for businesses or to be competitive
from its competitor.......................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Document Page
INTRODUCTION
Management information system is a data processing system that provides helps to
mangers for decision-making. By the use of MIS within the business it can help to manage the
work, decision-making power, and for the coordination, control, analysis, and fantasize of
information (Ranjan, Vallisree, & Singh, (2019). Thus, this tool helps to organizing, managing,
controlling and evaluating the process of departments for achieving the particular goal of
departments.
The present report is discussed the importance of Information Technology. For better
understanding about the Information technology taken the business activities of TESCO. It is the
British multinational groceries and general merchandise retailer
Henceforth, the report will cover various use of information technology such as
importance of information technology, discussion on how human resource management system
being implemented in an organization, importance of human resource management system.
Furthermore, report will discuss that human resource management system importance such as
managing the process between departments, management decision in promotion, increment and
staffing and aspect of safety, confidentiality and integrity.
Main body
importance of Information
Overview of Information System and its importance in operation of an organization
Information system is also known information and communication technology (ICT).
Firm can use this technology in the business activity to making the best decision related to the
goals and objectives. This is the tool that helps to interact with people for compulsion the
production process. Thus, This technology supports business processes for meet the future goal.
Tesco Businesses and other organizations depends on information systems, because of this
system firm can easily manage their operations, interact with their stakeholders such as suppliers
and customers, And also helps to compete in the market. Thus, Information system is the best
tool which describe valuable information to the firm and it helps to managing all the business
activity. Henceforth, enterprises use these systems to manage financial accounts and other profit
and loss accounts, to manage their employees resources, and also helps to target their potential
consumers with social platforms promotions.
Importance
1
Document Page
There are some importance of information technology in TESCO which describe below -
Business communication systems — It is collecting and distributing information, managers
allowing communicating rapidly through information systems so, it can make this process more
successfully. There are different types of tools which helps to interact with stockholders for
example, Email is one of the technology which maintain the privacy and also helps to interact
with peoples in an effective way. Therefore, This type of technology helps to communication and
improve the employees' collaboration. Thus, every employee can communicate with their
supervisor to make easy process. Through IT systems manager collects the inputs and sends the
newly revised document to his target audience.
Managing business operation's — Information systems provides most usable data sources that
helps to managing the operational activity of Tesco, Therefore, firm can use this system in the
business to gain competitive and cost saving advantages by making differentiate product-service
as compare to their competitors as it helps to offering better customer services. This system also
provide insight and outside information such as marketing departments use this system for
identify the target market and needs of customer also use the best online promotional activities to
attracts customers.
Helps in decision-making — The Tseco information system can help business to make better
decisions by delivering all the information rapidly. Thus, firm need to making the decision on the
basis of analysing the data. Therefore, A decision process includes different variables of
information and choosing best sources of action from different sources of information and
completes the tasks. When firm can have accurate information, firm can make the decision with
assurance. Thus, IT system provides the best decision-making power to mangers that thy easily
used this system in business to achieve the particular task of the departments.
How human resource management system being implemented In organization
Human resource management system is types of software Tesco should implement this
software in the business to managing the information of employees. There are different types of
models that help to maintain the employees' information such as payroll model, time and
attendance module, benefits administration module. Firm can implement this module in the
business to manage the performance of the employees.
2
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Payroll model - This model helps to Tesco for identify pay process of employees. Firm
implement this process in the business by collecting the data of employee like time and
attendance, calculating various deductions and taxes, and also managing the personal accounts
details, and evaluating monthly pay cheques and employee performance reports. Data is
collecting by the human resource departments by using the timekeeping modules. This model
can helps to evaluate the automatic deposit and manual cheque in the employees accounts. Thus.
This model helps to provide the better transaction exercises like employee-related transactions as
well as integrate with existing financial management systems.
Time and attendance model — This model is also best model firm can implement this model in
the businesses to identify the monthly attendance performance of the employee. This model is
collect the date of employees on the basis of punching attendance system, thus on the basis of
monthly attendance HR departments of Tesco makes the sally related decisions.
Benefit administration module — This system provides the performance appraisal information
to an organization to collect and track employee performance in benefits programs. These
benefits are like insurance, compensation, profit sharing, and retirement.
Importance of human resources management system in Tesco
Human resources management systems also known as information system that helps to
design the corrective action regarding the organization's computerized and automated human
resource (HR) processes. Thus, the main purpose of using this system in the Tesco which is
managing the employees' salary, personal data. Recruitments and training process.
HRM systems helps to maintaining the record of employees. The HR staffs members
maintain records of routine operation such as employee records management, payroll, attendance
management, and performance evaluations. These all activities are described the employee
performance. Thus, Tesco can use this system for financial and regulatory purposes as well as for
identify the problem and make better solution (Nisar, Prabhakar, & Strakova, 2019).
HRM system provides the training facilities to improving the knowledge among the
people. Thus, training module is system, that HR department of Tesco used system to
enhancement the skills and route workers development and training efforts. This system is
known as (LMS)“learning management system”. Thus, this system, allows HR to analyse
education, qualifications, and skills of the workers, as well to finds the skills of employees HR
3
Document Page
departments can choose different types of sources such as web sites, books, expert advices etc
for improving the skills and knowledge among the peoples.
HRM systems maintain the employees benefit programme such as insurance, retirement
benefits, provided fund, incentives, compensation etc. this system also manage the employees'
payroll system by gathering the data of attendance and monthly pay checks.
Human resource management system able to facilitate the business process between departments
OF TESCO
Human resources management system is the tool which helps to managing human
resources of particular departments. Thus, this tool analysing the skills and knowledge of the
employees for select the best candidate for suitable job. Thus, the HR staffs providing the best
employees to department for complete the particular task. Henceforth, HR staff use this system
to provide the best training facility to improving the skills' knowledge as require performing in
particular job. These systems help to managing the business activity such as managing,
organizing, planning and recruiting. In this process, This system includes :
It helps to achieve the business objective as individual, organizational and social levels.
Human Resource Management is a multidisciplinary subject.
It helps to maintaining the industrial relationship (Yourkavitch, Prosnitz, & Herrera,
2019).
It encourages team spirit and team work.
It is a continuous process.
Hence, Human resource management system able to facilitate the business process between
departments OF TESCO. For example, this system provide the best peoples to the departments.
So, HRMS system also provide the helps to marketing department by provides the best
employees in position of marketing they find the best people to promote and help to build the
brand recognization. Therefore, HRM system manage the people as this tool provide training to
the peoples to behave ethically and also provide guidance to work accordingly to the rules of
TESCO. Thus, this system is able to achieve the business objective and makes a successful
business process between department.
4
Document Page
HRM management system support the management decision in promotion, increment and
staffing.
HRM system is the software which provides the valuable information that how to manage
the human resources within the business. The HR management use this system in the business to
track the employees' information to makes the best decision related to the promotion, incentives
and recruitments. This system provides the efficiency of work to the HR managers thus, it
provides the best recruitment method, training method, communication methods ETC. Therefore,
this system maintains the records of employee like, timing and attendance or personal
performance report of employees. This performance report is described the work ability of
employees and, by judging work performance, HR manager gives the promotion to the
employees. For example HR manager use this system to offered Training and development.
Further, HR staffs compare the performance of employees and then provide promotion like give
the probation letter to employees so, employee get earn incentives (Dewnarain, Ramkissoon, &
Mavondo, 2019).
HRM management systems provide timely information to the HR staffs like Promotion,
demotion, transfer, separation of employees etc. Thus, this system support the mangers in
management decision like Compensation packages, both financial and non financial on the basis
of performance appraisal result. Henceforth, this system maintains the privacy of employees
like (name, qualification, age and other personal information) it also provides the valuable
information of the process of employee recruitment.
Hence, this tool is best tool which provides the HRIS applications and allow HRM staffs
to collect and track all types of data that are related to HR. Hrm was focused on collect and store
personal data of employees(records), this system provides the helps to hrm that they handle
salaries, benefits, holiday, information of employees. However, HR function has developed and
became a very important function of management. Keeping this in mind, Tesco can make the
best decision that helps to their future growth as well as profitability.
Thus, this system provide the usable information that helps to taking the best decision
related to the recruitment, training and development etc.
Aspect of safety, confidentiality and integrity
The safety aspect is the essential require in the business. firm can Maintain the legal
and lawful practices within the business it essential because it describes the ethical behaviour of
5
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
the firm. Therefore, As in today's world, many organizations is concern with privacy like, there
is issue of confidential information to the business. Therefore, there are private data which is
confidential information for the firm and in current world it easily hacked by the hacker, and
they misuse this data. Thus, This can be negatively affects firm's profitability. Therefore, TESCO
protect their employees by using the highly advance software in the business like oracle software
system is provide the privacy related to the personal information of employees. To managing the
safety HR department of Tesco can run different programs like payroll system, performance
appraisal system, Recruiting software etc. Thus, Tesco also provide the knowledge among the
HR staff that they organize awareness programmes from the cyber crimes. There are different
types of cyber crimes for example, employees faced frauds at the time of fill the recruitment
form and making payments through credit and debit card so, this is the major concern of the
employees that they can faces monetary fraud while fill the recruitment form (Chang, 2019).
Therefore, Another also this is another crime, As in this fraud the hacker is hacked the personal
website of Tesco and also makes the duplicative website to user by describe as the official
website of the Tesco plc. Thus, the employers who want to job in the business they get trapped
due to make payments unknowingly. Thus, for reducing this all types of fraud the HR
departments of Tesco can use the highly advance technology and provide the safety to the
employee related to the recruitment and personal information process.
Information system can be used to increase opportunities for businesses or to be competitive
from its competitor
Information system provides the better communication and analytical tools to the
business to meet the requirements of stakeholder and also managing the business on
international level. This is the tool which develop the new technology in the business and
provide the knowledge among the employees (Calás, & Smircich, (Eds.). 2019). Thus, to
improve the knowledge among the employees it makes the better product that helps to success
the firm. Information systems is the technology which helps to compete with competitors. New
technology provides the new process and improving the production process that helps to meet the
requirements of customer as well as it can leads to enhance the competitive advantages.
Information system provides the opportunity to enhance the business in global level. Tesco
implement the high technology in the business and make effective and differentiate product to
enhance the competitive advantages in the international market.
6
Document Page
CONCLUSION
From the above project it can be summarized that management information system define
as managing software & hardware in the business to expanding the high range of systems that
helps to collect the valuable sources of data within the business. Therefore, MIS collect data
from multiple online systems, analyses the information, and makes better decision.
The report is based on management information system. The report has described the
importance of information technology. Furthermore, report has explained the different types of
tools that helps to managing the employees' information and also described how human resource
management system being implemented in an organization. Moreover, report has examined
Human resource management system that this system able to makes effective business process
between departments of TESCO. Furthermore, report has explained the management decision in
promotion, increment and staffing and aspect of safety, confidentiality and integrity. Lastly,
report has described the opportunities while using the information system in the business.
7
Document Page
REFERENCES
Books and Journals
Calás, M. B., & Smircich, L. (Eds.). (2019).Postmodern management theory. Routledge.
Chang, W. C. (2019). U.S. Patent Application No. 10/200,527.
Dewnarain, S., Ramkissoon, H., & Mavondo, F. (2019). Social customer relationship
management: An integrated conceptual framework. Journal of Hospitality Marketing &
Management. 28(2). 172-188.
Ghosal, A., & Conti, M. (2019). Key Management Systems for Smart Grid Advanced Metering
Infrastructure: A Survey. IEEE Communications Surveys & Tutorials.
Katz, M. (2019). Environmental Management Tools on the Internet: Accessing the World of
Environmental Information. Routledge.
Koivisto, J., & Hamari, J. (2019). The rise of motivational information systems: A review of
gamification research.International Journal of Information Management. 45. 191-210.
Muller, M. (2019). Essentials of inventory management. HarperCollins Leadership.
Nisar, T. M., Prabhakar, G., & Strakova, L. (2019). Social media information benefits,
knowledge management and smart organizations. Journal of Business Research, 94. 264-
272.
Ranjan, A. K., Vallisree, S., & Singh, R. K. (2019). Role of geographic information system and
remote sensing in monitoring and management of urban and watershed environment:
Overview. Journal of remote sensing & GIS. 7(2). 60-73.
Yourkavitch, J., Prosnitz, D., & Herrera, S. (2019). Data quality assessments stimulate
improvements to health management information systems: evidence from five African
countries. Journal of Global Health.9(1).
Online
Information system 2017 [Online]. Available through : <
https://www.britannica.com/topic/information-system>.
8
chevron_up_icon
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]