Prepare a flow chart of actions performed in any one of these information system. 2. Evaluate the role of information systems in increasing efficiency and effectiveness of internal operations in that business organization.
Prepare a flow chart of actions performed in any one of these information system. 2. Evaluate the role of information systems in increasing efficiency and effectiveness of internal operations in that business organization.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
According to Amazon company:
Two major types of information systems used by Amazon are:
- MANAGEMENT INFORMATION SYSTEM: Amazon uses this type of information system to establish control and coordination among people, resources, and the use of technology. MIS is used for assistance in decision-making, coordination, control, functional analysis, visualization of information, etc. The concept of the management information systems includes people, processes, and technology that helps the management in setting the ultimate goal for increasing the value and profits of the business. This is done by providing the management with the timely and appropriate information, thus allowing them to make useful and quick decisions.
- DECISION SUPPORT SYSTEM: This is a type of information system that supports and assists in business decision-making activities. DSS helps in the management, operations, and planning functions of an organization (usually for top-middle management) to make decisions about challenges that may be influenced by rapid changes, not easily specified in advance, that is unstructured and semi-structured decision challenges. Decision support systems can be either fully computerized or manual-based or a combination of both.
Questions:
1. Prepare a flow chart of actions performed in any one of these information system.
2. Evaluate the role of information systems in increasing efficiency and effectiveness of internal operations in that business organization.
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