Week 2 – Information Systems Proposal
Take Me Back When Record Store
A Business Proposal to Establish A New Nostalgic Music Store
Prepared for
Shelli Smith
Potential Business Partner and Co-Owner
Prepared by
Cindy Johnson
Entrepreneur
October 11, 2012
Proposal Number: CJ20-01
Table of Contents
Background 4
Objective 4
Goals 4
Proposed Inventory 5
Information Systems Table 6
Information Systems Overview 7
Summary 8
Background
Shelli Smith and Cindy Johnson have been best friends and co-workers for over 30 years. One of their long time passions they’ve shared together over
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An Expert System is software that uses understanding clarification methods in areas where individuals would generally be checked. Each system is broken down in detailed problem fields. The disadvantage to this system is that the information of the fields is narrow. 2. Management Information Systems is a system that contains technology, information, and people, which are used to resolve business problems, such as the price of a product or other problems. 3. The Executive Dashboard is a computer interface that arranges information in an easy-to-read format. This system also delivers key performance meters that corporate directors need to run an effective business. 4. The Functional Area Information System is a compilation of smaller systems that are designed to perform certain activities by the marketing, sales, and payroll divisions that permit the whole
Executives are responsible for planning the long term strategic vision for the organization. An executive needs to know if the organization is moving toward or away from their vision and goals for the organization. A dashboard designed for an executive should provide a quick visualization of the progress toward the organization’s big picture future goals.
The management information systems implemented within an organisation can be paper, computer or human-based; serving to produce timely information, usually of a historical manner, to allow management to initiate business processes and form decisions (Cox, 2014).
Executive dashboard is a powerful, customizable, efficient useful, web-based Executive information system that provides a consolidated insight of a firm or organization’s actions and performances.
The management Information Systems (MIS) is a system that produces reports. This system assists McDonald’s Corporation in producing reports such as employee schedules and expense reports that allow comparisons to budgets. MIS provides profitability and information to help managers and staffs understand the business performance and plan the future direction ("McD Information System," n.d.).
Management information systems (MIS) are combination of hardware and software used to lots of procedures scheme in business at present to get flourishing business plan, it works competence and successfully in any business small or big.Actually management information system in business has many rules and strategies
Executive Dashboards work by connecting, via APIs or “application programming interfaces,” with the business frameworks you currently use. These frameworks including, among others, your customer relationship management (CRM) system, your accounting software, your website analytics program, your email systems, etc.
According to Lavinsky (2013), an executive dashboard is a visual illustration that gives the management team a fast and easy means of viewing the real-time performance of their organization. Also known as Strategic Dashboards, they provide information for executives to align the activities with the business goals, answer critical questions, and boost productivity. Real-time decisions can be made through the massive amount of data since the dashboard combines and organizes numbers, scorecards, and key performance indicators (KPI) in a single screen. The screen is a simple interface made for the managers and supervisors within an organization (The Huffington Post, 2016). The interface should sieve information like the customer relation management (CRM) system, email system, and accounting programs to simplify the management work.
Executive Dashboard is a web-based Executive Information System (EIS) where the organisation is used to proactively view critical metrics, identify trends, raise questions, and devise new management strategies. The Executive dashboard is also called as Strategic dashboard which will typically provide the KPI’s (Key Performance Indicators) that a company’s executive team track on a periodically. A strategic dashboard should provide the executive team with a high-level overview of the state of the business together with the opportunities the business faces.
This section will be used to describe the organization and talk about information systems and the roles needed to support them.
It is important to understand data and the necessary steps taken to improve results. So we need to know the way dashboards look like and the manner in which they work in specific use cases. The different types of executive dashboards are:
Management Information System is the computer based system that provides the information to support and improves the quality of the company or organisation effectively and efficiently. Using a mobile phone, Generating bank statement, Shopping with a credit card, Withdrawing
Management Information System (MIS) is a system that uses hardware and software to help people who work in a business and need access to information in different departments.
A management information system is a collection of people, tasks, systems, software, and technology used to provide routine pre defined information that is available to all members of the organisation that need to have access to it. Management information systems provide a variety of reports and displays to management. Management information systems (MIS) retrieve internal information about an organisation, and share to those who require it.
Similarly the business firms uses the information system such that to interacts with the customers and the suppliers, to manage theiroperations, manage the accounts, fast way to intracts with the customers and the suppliers. In information system, the process works in the form of input and output. The output generated is the desired result or the objective that the firm want. Based on that output the other process continues.
The Management Information Systems is known in short form as MIS and we commonly called like that and this study of information leads to making of strategic decisions in every level of an Organization. And it mainly provides accurate and timely strategic reports.