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MICS

MICS

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Published by: maheshwari011 on Sep 02, 2009
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10/13/2012

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 MANAGEMENT INFORMATION & CONTROL SYSTEM 
 CHAPTER :: 1
SYSTEM RELATED CONCEPTS :-1.SYSTEM BOUNDARY2.SYSTEM ENVIRONMENT3.SUB-SYSTEMS
TYPES OF SYSTEM :-1.DETERMINISTIC AND PROBABILISTIC SYSTEM2.OPEN AND CLOSED SYSTEM3.ABSTRACT & PHYSICAL SYSTEM 
SUB-SYSTEM CONCEPTS :-1.SYSTEM DECOMPOSITION2.SYSTEM INTERFACE3.SYSTEM SIMPLIFICATION4.SYSTEM STRESS5.SYSTEM ENTROPY
CHARACTERISTICS OF INFORMATION :-1.TIMELINESS2.RELEVANCE OR PURPOSE3.MODE AND FORMAT4.REDUNDANCY5.ACCURACY6.FREQUENCY7.COMPLETENESS8.VALIDITY9.RELIABILITY10.QUALITY11.COST BENEFIT ANALYSIS
DIMENSION OF INFORMATION :-1.COST BENEFIT ANALYSIS (ECONOMIC)2.BUSINESS DIMENSION3.TECHNICAL DIMENSION 
TYPES OF BUSINESS INFORMATION SYSTEM :-1.TRANSACTION PROCESSING SYSTEM2.MANAGEMENT INFORMATION SYSTEM3.DECISION SUPPORT SYSTEM4.EXECUTIVE INFORMATION SYSTEM5.EXPERT SYSTEM
 
 
CHAPTER :: 2
TRANSACTION PROCESSING CYCLE :-1.REVENUE CYCLE2.EXPENDITURE CYCLE3.PRODUCTION CYCLE4.FINANCE CYCLE
COMPONENTS OF TRANSACTION PROCESSING CYCLE :-1.INPUTS2.PROCESSING3.STORAGE4.OUTPUT
CHAPTER :: 3
CONCEPTS OF MIS :-1.MANAGEMENT(PLANNING,ORGANIZING,INITIATING,CONTROLLING)2.INFORMATION3.SYSTEM
CHARACTERISTICS OF AN EFFECTIVE MIS :-1.MANAGEMENT ORIENTED2.MANAGEMENT DIRECTED3.NEED BASED4.EXCEPTION BASED5.INTEGRATED6.COMMON DATA FLOWS7.LONG TERM PLANNING8.MODULARITY (SUB-SYSTEM CONCEPT)9.COMMON DATA BASE10.COMPUTERIZED 
MISCONCEPTIONS ABOUT MIS :-1.MIS IS RELATED ONLY WITH COMPUTERS2.MORE DATA MEANS MORE INFORMATION3.ACCURACY IS OF PRIME IMPORTANCE
PREREQUISITES OF AN EFFECTIVE MIS :-
 
1.DATABASE2.QUALIFIED SYSTEM AND MANAGEMENT STAFF3.SUPPORT OF TOP MANAGEMENT4.CONTROL AND MAINTENANCE OF MIS5.EVALUATION OF MIS
CONSTRAINTS IN MIS :-1.NON AVAILABILITY OF EXPERTS2.PROBLEM OF SELECTING THE SUB-SYSTEM— 3.NO STANDARDISATION OF MIS4.LACK OF COOPERATION FROM STAFF5.HIGH TURNOVER OF EXPERTS6.DIFFICULTY IN QUANTIFYING BENEFITS OF MIS 
EFFECT OF USING COMPUTER BASED MIS :-1.FAST & TIMELY DATA PROCESSING2.MORE COMPREHENSIVE INFORMATION3.PROMPT AND EASY RETRIEVAL OF INFORMATION4.BETTER INTEGRATION OF SUB-SYSTEMS OF BUSS. ORG.5.INCREASES THE EFFECTIVENESS OF INFORMATION SYS.6.INCREASE SCOPE OF USE OF INFORMATION SYS.7.SCOPE OF ANALYSIS WIDEN8.INCREASES COMPLEXITY OF SYSTEM DESING AND OPERATION
LIMITATIONS OF MIS :-SEE PAGE ::-36
INFORMATION NEEDED IN MANAGEMENT PROCESS :-1.INFORMATION REQ. FOR PLANNING(ENVIRONMENT,COMPETITOR,INTERNAL)2.INFORMATION REQ. FOR ORGANIZING FUNCTION3.INFORMATION REQ. FOR INITIATING FUNCTION4.INFORMATION REQ. FOR CONTROL FUNCTION
FACTORS ON WHICH INFORMATION REQ. DEPENDS :-1.OPERATIONAL FUNCTION(PRODUCTION,FINANACE,MARKETING)2.TYPE OF DECISION MAKINGSTRUCTURED (PROGRAMED)UN-STRUCTURED (NON-PROGRAMED)SEMI- STRUCTURED3.LEVEL OF MANAGEMENTTOP (STRATEGIC)MIDDLE (TACTICAL)LOWER (SUPERVISORY) 

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