PREFINAL | Tactical Information Systems(Accounting, Financial, and Marketing) | MIS

Tactical Information System

It is a type of information system that supports management decision-making by providing various types of reports, such as regular summary reports, exception reports, ad hoc reports, and other types of recorded information.

regular summary reports, exception reports, and ad hoc reports

Tactical Information System provides various types of reports, such as r________ s____________ reports, e__________ reports, and a_ h___ reports.

Tactical Information System

The information in these reports, in turn, helps managers to control their areas of responsibility better, as well as allocate their resources efficiently in order to pursue organizational goals. While operational information systems focus on task completion, _______________ ________________ _____________ give particular focus on resource allocation and management.

Tactical Accounting and Financial Information Systems

These are types of budgeting information systems that permit managers to track and compare actual revenues and expenses in order to produce estimates for expected revenues and expenses.

Tactical Accounting and Financial Information Systems

it also allows managers to compare current budget amounts to those of prior fiscal periods, other divisions, other departments even to industry-wide data.

resources

Comparisons of budget data against such standards allow managers to assess how they use their ____________ to achieve their goals.

decision support system

However, one must keep in mind that these systems only help a manager create decisions based on the data it provides; it is a d___________ s___________ s_____________, NOT an automated decision system.

Cash Management System

This system produces cash flow reports, which show the estimated amount of incoming and outgoing cash for a specific timeframe (usually monthly).

cash on hand

Cash Management System allows managers to manage c____ o_ h_______ to ensure continued operation or facilitate possible expansion.

Capital Budgeting System

This system focuses on producing information for the acquisition or disposal of assets for a given timeframe.

asset acquisition and disposal

Capital Budgeting System uses evaluation tools and the system’s data, a manager can compare information from current and previous timeframes in order to evaluate possible plans of a_____ a_______ (purchasing, leasing) and d________ (selling, refurbishment, or repurposing).

Investment Management System

This system produces reports that allow a manager to oversee an organization’s investments in stocks, bonds, or other securities as a separate, but nevertheless important aspect of cash management.

Trading data

This data that is managed by the Investment Management System will allow management to ensure the achievement of organizational goals without compromising financial assets.

Tactical Marketing Information System

It is a type of information system that also has the ability to generate reports, but also has the capacity to create expected and unexpected output, such as comparative and descriptive information, summarized data as opposed to detailed data, data sources, and information processed from subjective and objective data.

expected and unexpected output

Tactical Marketing Information System is a type of information system that also has the ability to generate reports, but also has the capacity to create e________ and u________ output, such as comparative and descriptive information, summarized data as opposed to detailed data, data sources, and information processed from subjective and objective data.

Comparative and descriptive information, summarized data, information from subjective and objective data

Tactical Marketing Information System can create these output: HINT: CDI SD IFSOD

operational information systems

Tactical marketing information systems usually work in tandem with o__________ i___________ s____________ for marketing and finance through various means, such as processing of operational data.

marketing plans and profit margins

Tactical marketing information systems allow tactical decision-making by marketing management, such as the implementation of m_________ p________ in order to reach sales and p________ m________ set by higher management.

Sales Management System

This system allows managers to assess the productivity of a sales force, the profitability of certain locations, and the success of the products further categorized by salespersons, location, and target demographic.

Sales Management System

It keeps track of activities, sales, orders, and customer activity, which allows a manager to identify points of interest in terms of location, performance, and demographics.

comparison, analyze, identify, identification

Other specific processes include a c_________ of performance to goals of a salesperson, a_______ activities within operating territories or demographics, i________ customer trends, and i____________ of potential supply and demand issues.

Advertising and Promotion System

This particular system governs advertising and promotional tactics in order to achieve sales goals set by upper management.

Managers

In the Advertising and Promotion System, they must decide which advertising media and promotional devices to use to reach the selected market segments, when to use these media and devices, and what overall mix of promotional activities to deploy to achieve sales goals.

Pricing System

This system provides information to managers that allows them to set prices for products and services.

Pricing System

In this system, managers can employ marketing strategies to determine sales volumes and profitability margins based on market volatility

Distribution Channel System

This system provides information on costs for using various distribution channels; information may include timeframes for deliveries, time lags caused by use of certain channels, reliability ratings for channels based on delivery efficiency, and the market segment situation provided by the channels.

demand and inventory

Distribution Channel System: These data can be used in tandem with d_________ and i__________ of items across all levels of all channels so that the manager can anticipate shortages or oversupply of items.

Competitive Tracking System

This system ensures an organization’s marketing strategy can continue to satisfy customers by monitoring market volatility, specifically by gathering and processing information about major competitors and their activities.

marketing strategy

Competitive Tracking System allows managers to create a m___________ s_____________ that matches a given market’s needs and wants, which in turn allows an enterprise to avoid falling behind the competition in a given market.