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What is a Strategic Level Information System?
A goal-oriented system designed to support the overall goals and directions of an organization using forecasted or researched data.
What is a Strategic Marketing Information System?
A system that supports strategic marketing activities like market segmentation, product planning, and sales forecasting.
What does a Sales Forecasting System do?
Produces forecasts for industry, product, and market segment sales based on historical and external factors.
What types of data does a Sales Forecasting System use?
Historical data, competitor activity, government policies, economic/demographic trends, and weather.
What is a Marketing Research System?
Gathers marketing data and trends, analyzes target demographics, and supports both tactical and strategic decisions.
What are common tasks of a Marketing Research System?
Trend analysis, demographic studies, customer satisfaction analysis, and market share estimation.
What is the role of a Product Planning and Development System?
Uses marketing and customer data to develop new products that meet target preferences.
What is a Strategic Production Information System?
A system that supports long-term production decisions involving facility design, technology, and resources.
What does a Site Planning and Selection System analyze?
Labor cost/availability, delivery systems, location suitability, land cost, and tax rates.
What is the purpose of a Technology Planning and Assessment System?
Helps management choose and assess production technologies for strategic advantage.
What sources does the Technology Planning System use?
Databases, libraries, government and private resources, and consulting organizations.
What does a Process Positioning System handle?
Vertical integration and processes like raw material handling, assembly, and outsourcing decisions.
What is the function of a Facility Design System?
Supports decisions on facility layout, technology use, staffing, timelines, and construction/maintenance costs.
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What is a Tactical Information System?
It is a type of information system that supports management decision-making through reports, helping with resource allocation and control toward organizational goals.
How do Tactical Information Systems differ from Operational Information Systems?
Tactical systems focus on resource allocation and management, while operational systems focus on task completion.
What are Tactical Accounting and Financial Information Systems?
Budgeting systems that track actual revenues and expenses, estimate future ones, and allow comparison with prior periods, divisions, or industry data.
What type of system helps managers assess budget data to make decisions?
Tactical Accounting and Financial Information Systems (Decision Support Systems).
What does a Cash Management System do?
Produces cash flow reports to manage incoming and outgoing cash, ensuring operations or expansion.
What is the purpose of a Capital Budgeting System?
Provides data for acquisition or disposal of assets and helps evaluate plans based on current and past timeframes.
What does an Investment Management System do?
Manages trading data for stocks, bonds, or securities to meet goals without compromising financial assets.
What is a Tactical Marketing Information System?
An information system that produces both expected and unexpected outputs for marketing decision-making.
How do Tactical and Operational Marketing Systems work together?
Tactical systems process operational data to help implement marketing plans that meet sales and profit goals.
What does a Sales Management System do?
Tracks sales force productivity, location profitability, and customer activity to guide marketing efforts.
What is the function of an Advertising and Promotion System?
Helps managers decide on advertising media, timing, and mix to reach market segments and meet sales goals.
How does a Pricing System help managers?
Provides information to set product/service prices and analyze market volatility for sales and profit.
What is the role of a Distribution Channel System?
Offers cost and efficiency data for delivery channels to help manage inventory and prevent supply issues.
What is a Competitive Tracking System?
Monitors competitors and market changes so companies can adjust strategies to meet customer needs.
Question
Answer
What is a Tactical Information System?
It is a type of information system that supports management decision-making through reports, helping with resource allocation and control toward organizational goals.
How do Tactical Information Systems differ from Operational Information Systems?
Tactical systems focus on resource allocation and management, while operational systems focus on task completion.
What are Tactical Accounting and Financial Information Systems?
Budgeting systems that track actual revenues and expenses, estimate future ones, and allow comparison with prior periods, divisions, or industry data.
What type of system helps managers assess budget data to make decisions?
Tactical Accounting and Financial Information Systems (Decision Support Systems).
What does a Cash Management System do?
Produces cash flow reports to manage incoming and outgoing cash, ensuring operations or expansion.
What is the purpose of a Capital Budgeting System?
Provides data for acquisition or disposal of assets and helps evaluate plans based on current and past timeframes.
What does an Investment Management System do?
Manages trading data for stocks, bonds, or securities to meet goals without compromising financial assets.
What is a Tactical Marketing Information System?
An information system that produces both expected and unexpected outputs for marketing decision-making.
How do Tactical and Operational Marketing Systems work together?
Tactical systems process operational data to help implement marketing plans that meet sales and profit goals.
What does a Sales Management System do?
Tracks sales force productivity, location profitability, and customer activity to guide marketing efforts.
What is the function of an Advertising and Promotion System?
Helps managers decide on advertising media, timing, and mix to reach market segments and meet sales goals.
How does a Pricing System help managers?
Provides information to set product/service prices and analyze market volatility for sales and profit.
What is the role of a Distribution Channel System?
Offers cost and efficiency data for delivery channels to help manage inventory and prevent supply issues.
What is a Competitive Tracking System?
Monitors competitors and market changes so companies can adjust strategies to meet customer needs.
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Answer
What is a Strategic Level Information System?
Strategic-level information systems are designed to support the overall goals and directions of an organization, based on forecasted and/or researched information.
How do Strategic Marketing Information Systems differ from Tactical Marketing Information Systems?
Strategic marketing systems focus on long-term, goal-oriented strategies, while tactical systems focus on implementing specific marketing plans to meet sales goals.
What is a Strategic Marketing Information System?
A system that handles strategic marketing activities such as market segmentation, product planning, and sales forecasting based on market segments and products.
What is the purpose of a Sales Forecasting System?
It creates various sales forecasts, categorizing by industry, product, service, and market segments, using historical data and assumptions like economic and demographic trends.
What does a Marketing Research System do?
It handles marketing research activities, providing important input to both tactical and strategic decision-making, including trend analysis, target demographic analysis, and market share estimation.
What is the role of a Product Planning and Development System?
It uses consumer preference data to help develop new products, ensuring they meet the specifications derived from marketing research and customer feedback.
What is a Strategic Production Information System?
A system that supports production decisions, such as designing production facilities and selecting technologies, policies, and personnel.
What is a Site Planning and Selection System?
It uses both internal and external information to help select sites for production, considering factors like labor availability, delivery systems, costs, and proximity to materials.
What does a Technology Planning and Assessment System do?
It helps managers assess which production technologies should be used by identifying new technologies and evaluating their strategic advantages.
What is a Process Positioning System?
A system that handles vertical integration, helping top management make decisions about production processes based on costs, duration, and demand.
What is a Facility Design System?
It processes information about facility design, layout, technologies, personnel, completion dates, and construction costs, aiding in decisions for proposed facilities.
Question
Answer
What is a Strategic Level Information System?
Strategic-level information systems are designed to support the overall goals and directions of an organization, based on forecasted and/or researched information.
How do Strategic Marketing Information Systems differ from Tactical Marketing Information Systems?
Strategic marketing systems focus on long-term, goal-oriented strategies, while tactical systems focus on implementing specific marketing plans to meet sales goals.
What is a Strategic Marketing Information System?
A system that handles strategic marketing activities such as market segmentation, product planning, and sales forecasting based on market segments and products.
What is the purpose of a Sales Forecasting System?
It creates various sales forecasts, categorizing by industry, product, service, and market segments, using historical data and assumptions like economic and demographic trends.
What does a Marketing Research System do?
It handles marketing research activities, providing important input to both tactical and strategic decision-making, including trend analysis, target demographic analysis, and market share estimation.
What is the role of a Product Planning and Development System?
It uses consumer preference data to help develop new products, ensuring they meet the specifications derived from marketing research and customer feedback.
What is a Strategic Production Information System?
A system that supports production decisions, such as designing production facilities and selecting technologies, policies, and personnel.
What is a Site Planning and Selection System?
It uses both internal and external information to help select sites for production, considering factors like labor availability, delivery systems, costs, and proximity to materials.
What does a Technology Planning and Assessment System do?
It helps managers assess which production technologies should be used by identifying new technologies and evaluating their strategic advantages.
What is a Process Positioning System?
A system that handles vertical integration, helping top management make decisions about production processes based on costs, duration, and demand.
What is a Facility Design System?
It processes information about facility design, layout, technologies, personnel, completion dates, and construction costs, aiding in decisions for proposed facilities.
Term
Definition
Tactical Human Resource Information System
A type of information system that supports HR managers in handling aspects of the acquisition, allocation, and maintenance of an organization's workforce. It includes job creation, employee acquisition, training, and budget allocations.
Job Analysis and Design Systems
Systems that create jobs or positions, write job descriptions, designate purposes, tasks, duties, and responsibilities, and specify performance standards and conditions required to qualify for the jobs.
Recruiting Systems
Systems that provide an organization with a pool of qualified applicants to fill vacant positions, ensuring compliance with government statutes and contract regulations for affirmative action and equal employment opportunity.
Compensation and Benefit Systems
Systems that support the creation of compensation and benefit plans based on job descriptions, budget allocations, and external economic factors, such as exchange rates and market trends.
Employee Training and Development Systems
Systems that facilitate employee development by creating training and development plans for qualified individuals to build their capacity.
Succession Planning Systems
Systems that ensure replacements for key positions in an organization are available at all times, preventing gaps in staffing due to retirement, injury, or other factors.
Strategic Human Resource Information System
A system that manages the organization's workforce as a whole, helping HR managers formulate workforce plans and labor negotiations to ensure the right personnel are in place for organizational needs.
Workforce Planning Systems
Systems that use relevant data to forecast workforce supply, demand, skills, and specializations, helping to create long-term workforce plans aligned with organizational objectives.
Labor Negotiation Systems
Systems that gather data from HR information systems and financial accounting systems to assist in creating negotiating terms with labor unions, using ad hoc reports to analyze industrial and economic standpoints.