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Course Code:

19MBA511A
Course Title: Management Information
Systems

Course Leader:
Ms. Savitha Kulkarni

Email: savitha.ms.mc@msruas.ac.in

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Course Code:
19MBA511A
Course Title: Management Information Systems

Session 1: Organizations, Management and the Networked


Enterprise, Managing the Digital Firm, Information Systems in
the Enterprise, Data vs. information, Strategic role of information
in management
Course Leader: Savitha Kulkarni
e-mail : savitha.ms.mc@msruas.ac.in

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Session Objectives

At the end of this session, student will be able to:


• Discuss the need and importance of information
systems
• Evaluate the role of information systems in
today’s
competitive business
environment

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Session
Contents
• Data and information

• Need for an Information System

• Relationship between Organisation and Information


system

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Information &
Management
• Data-----Raw Material

• Information----Processed data, finished product

• Collecting data costs money

• Data useless unless it is processed to


obtain
arrive at
information which can be used
marketing decisions to

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Data versus
Information: the meaning Information
given to data by the way it is interpreted

Interpretation
Data Information

Data on its own has no meaning, only when interpreted by some kind of data
processing system does it take on meaning and become information

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©M. S. of Management
Management
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and
University Commerce
Commerce
Applied Sciences ©©Ramaiah
RamaiahUniversity
UniversityofofApplied
AppliedSciences
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Data versus
Information

Monthly Sales
Report for West
Region

Sales Rep: Charles


Mann
Emp No. 79154
Item Qty Sold
Price TM Shoes 1200
$100

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Data versus
Information
• Generating Information
• Computer-based ISs take data as raw material, process it,
and
produce information as output

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Information

• Information is critical

• The information we have is not what we want

• The information we want is not the


information we need
• The information we need is not available

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Characteristics of
Information

• Improves representation of an
entity
• Updates the level of knowledge

• Has a surprise value

• Reduces uncertainty

• Aids in decision-making

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Faculty of Management and Commerce © Ramaiah University of Applied Sciences
Types of
Information

• Strategic information

• Tactical information

• Operational information

• Statutory information

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Business Functions

• Accounting

• Finance

• Marketing
• Production

• Human Resource Management

• Other functions

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Information Systems (IS)
defined
• IS is a well-coordinated collection of resources that gather
and transform data into information products and services
that help the enterprise perform its designed functions
• A set of interrelated components that collect (or
retrieve), process, store, and distribute information
to support decision making and control in an
organisation

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Information Systems (IS)
defined
An information system hierarchy associates differen
classifications of information systems with t
audiences differen
t
Three significant trends influence the evolution of
information systems and provide opportunities for the
entrepreneurial systems analyst:
 The emergence of small enterprise computing

 The Internet as a dominating technology

 The maturation of application software

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Organisation as an Information
System

Information System hierarchy

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Need for Information
Systems

Four powerful worldwide changes that have altered


the business environment:
• Emergence of the global economy

• Transformation of industrial economies

• Transformation of the business enterprise

• The emerging digital firm

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Need for Information
Systems
Emergence of the global economy

• Management and control in a global


marketplace
• Competition in world markets

• Global work groups

• Global delivery systems

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Need for Information
Systems
Transformation of industrial economies

• Knowledge- and information-based


economies
• Productivity
• New products and
services
Knowledge: a central productive and strategic
• asset

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Need for Information
Systems
Transformation of industrial
economies

• Time-based competition

• Shorter product life

• Turbulent environment

• Limited employee knowledge base

Faculty of Management and Commerce © Ramaiah University of Applied Sciences


Need for Information
Systems
Transformation of the business
enterprise

• Flattening

• Decentralization

• Flexibility

• Location independence

• Low transaction and coordination costs

• Empowerment
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Faculty of Management and Commerce © Ramaiah University of Applied Sciences
Summary

• Data on its own has no meaning, only when interpreted by


some kind of data processing system does it take on
meaning and become information
• Business Systems is a system which is capable of
performing
business functions
• An information system is a well-coordinated collection of
resources that gather and transform data into information
products and services that help the enterprise perform its
designed functions
of information systems with different 22
Faculty of Management and Commerce © Ramaiah University of Applied Sciences
References
Essential Reading
Course notes
Laudon, Kenneth C. and Laudon, Jane P., (2010), Management Information Systems – Managing
the Digital Firm, 11th edition, India, Prentice-Hall
Recommended Reading
O’Brien, James, A., Marakas, George M. and Ramesh Behl, (2010), Management Information
Jawadekar, Waman S., (2011), Management Information Systems, India, 4th edition, Tata
McGraw-Hill
Magazines and Journals
Information Technology Management, Maximilian Press
Silicon India, siliconindia Inc., Monthly
Data Quest, Cyber Media India Ltd, Fortnightly
Websites
https://www.inc.com/encyclopedia/management-information-systems-mis.html
http://www.weberp.org/
 
Other Electronic Resources
Software: Database, ERP
Faculty of Management and Commerce © Ramaiah University of Applied Sciences

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