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State the 3 types of business systems
Activity system
Information system
ICT system
illustrate the Major Types of Information Systems
State the 5 Functional Information System
Human Resource Information System (HRIS)
Accounting Information System (AIS)
Finance Management System (FMS)
Marketing Information System (MIS)
Manufacturing Information System (MaIS)
What is Financial Management System (FMS) and its purpose ?
A type of system that organizations used to observe, manage and administrate:
its revenue
expenditures
properties
with the intention of making the most of its profits
It is capable of assisting business professionals in making critical decisions pertaining to the organizationâs future financial condition.
State some examples of Information Systems in FMS
What is Human Resource Information System (HRIS)
The control that a group of people have in organizing employees who are working in a firm.
What are the Objectives of HRIS ?
Automation of HRM operational processes
Effective Staffing and Right Sizing
Better Communication, Horizontal Integration and Streamlined Processes
What is Accounting Information System (AIS) ?
Computer-based system that controls information flow on business transactions and produces important financial statements such as the statement of profit or loss and other comprehensive income, and statement of financial position
What does Marketing Information System (MIS) achieve ?
Do not only indicate the ongoing activities and planning on marketing, but also produces information on why and where marketing and sales performances are failing to meet the plan
State some types of IS used in Manufacturing Resource Planning