MIS Chap 8 - Business Information Systems

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10 Terms

1
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State the 3 types of business systems

  • Activity system

  • Information system

  • ICT system

2
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illustrate the Major Types of Information Systems

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3
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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)

4
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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 organization’s future financial condition.

5
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State some examples of Information Systems in FMS

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6
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What is Human Resource Information System (HRIS)

The control that a group of people have in organizing employees who are working in a firm.

7
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What are the Objectives of HRIS ?

  • Automation of HRM operational processes

  • Effective Staffing and Right Sizing

  • Better Communication, Horizontal Integration and Streamlined Processes

8
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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

9
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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

10
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State some types of IS used in Manufacturing Resource Planning

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