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-What is MIS?
-What is systems thinking?
-Data vs. Information vs. BI vs. Knowledge
Ans 1: MIS is the use of information technology, people, and business processes to record, store and process data to produce information that decision-makers can use to make day to day decisions. MIS is the acronym for Management Information Systems. In a nutshell, MIS is a collection of systems, hardware, procedures, and people that all work together to process, store, and produce information that is useful to the organization.
Ans 2: Systems thinking is a holistic approach to analysis that focuses on the way that a system's constituent parts interrelate and how systems work over time and within the context of larger systems. The systems thinking approach contrasts with traditional analysis, which studies systems by breaking them down into their separate elements. Systems thinking can be used in any area of research and has been applied to the study of medical, environmental, political, economic, human resources, and educational systems, among many others.
Data, information, and intelligence have major implications for your business. And, yes, you need all three in order to enable better decision-making and strategy.
Data in its rawest form is a recorded truth from a point in time. It’s a snapshot of an event. That event might be a conversation, a transaction, or an interaction with your company’s website. Data is the collection of outcomes from those events that is then recorded in a quantifiable way so businesses can easily review them. They’re statements of fact and cannot be contested.
Information is a simplistic way of bringing data together. You will have information, not data when you take data from an event and put it into a narrative. It’s the context of data helping you answer questions such as:
The answers to those questions are what create information. It’s all about turning data points into something that informs you about your business.
Intelligence takes it a step further and uses the information to drive decisions. Instead of telling a story (like information does), intelligence paints a picture. For example, if you’re selling to more people in EMEA, intelligence answers why that might be. Intelligence will look at the number of events, ad spend, or marketing campaigns EMEA clients receive and compare them to other clients in other regions and markets. Through this analysis, you might see that there are a greater number of client interactions (events, emails, or meetings) in the EMEA region and deduce that you need to do the same in North America to bring sales up.
-What is MIS? -What is systems thinking? -Data vs. Information vs. BI vs. Knowledge
When implementing information technology solutions for data/information management systems or knowledge management systems, what considerations must be made? Is there a difference between data-based systems and knowledge-based systems, and why would it be important for large organizations to have a knowledge management strategy?
According to book Essentials of MIS (Management Information Systems) 12th edition: What unique issues and solutions are involved in managing global systems projects?
Given the aforementioned, and your knowledge of systems thinking, evaluate the human capital supply chain in your organisation.
Comparr and contrast the management information systems (MIS) in place in 2 distinctly different organizations. Compare each organizations use of information systems to help manage internal operations and make decisions. Assess how these two organizations use information technology for competitive advantage. Appraise the individual and organization consequences of the information technology, and recognize potential security breaches and computer crimes.
1. How are CI/BI (informaticists) important to data and the collection of data? What role do they have with data and Health information systems? 2. What is the relationship of Health Informatics to EHR implementations and why is the position of Health Informatics important in the delivery and support of EHR implementations.
The array of strategic MIS application systems in an organization's portfolio, tend to see tactical or operational systems that provide information or data that is then used for strategic purposes. One problem with this approach is that the data in an operational system can overwhelm management who are looking for opportunities, or exceptions within the cacophony. Many organizations try to solve this problem by implementing several models for decision and executive support systems that can aggregate information for decision-making at...
Legal vs. Ethical vs. Personal decision-making roles in information systems?
According to Management Information Systems,( Essentials of MIS 12th edition) 1. Value chain analysis is useful at the business level to highlight specific activities in the business where information systems are most likely to have a strategic impact. Discuss this model, identify the activities, and describe how the model can be applied to the concept of information technology.
According to book Essentials of MIS (Management Information Systems) 12th edition: You have just been hired as a security consultant by MegaMalls Inc., a national chain of retail malls, to make sure that the security of their information systems is up to par. Outline the steps you will take to achieve this.
What is knowledge engineering? Explain the difference between shallow knowledge and deep knowledge, and rule-based systems and model-based systems respectively.