About This Chapter
Management Information Systems Concepts - Chapter Summary
In this chapter, our instructors outline fundamental concepts related to management information systems (MIS). The chapter's simple and engaging lessons show you the functions, roles, impact, benefits and limitations of various types of information systems. When you're finished with each lesson, try the accompanying self-assessment quiz to solidify your understanding of important MIS concepts. The chapter is entirely self-paced, and you can use any computer or mobile device to access its resources. By the end of the chapter, you should be able to:
- Recognize the purpose, functions and components of an information system
- Compare different types of information systems
- Evaluate the function of information systems in project management contexts
- Assess the purpose, roles, impact and importance of management information systems
- Identify management information system applications
- Analyze the pros and cons of information technology in business
- Understand how technology helps businesses achieve success
- Describe various types of information system jobs and career options
1. What Is an Information System?
Information systems are an integral part of businesses. But what, exactly, is an information system? In this lesson, we'll define information systems and then examine the three main components of an information system.
2. What Are Information Systems? - Definition & Types
An information system is software that helps you organize and analyze data. This makes it possible to answer questions and solve problems relevant to the mission of an organization.
3. Input, Processing, Output & Feedback: Information System Components
What are the components that really make an information system work? In this lesson, we'll explore IPOS (input, process, output and storage) and how this system works.
4. Functions of Information Systems in Project Management
If a system could make your job easier and improve your chances for project success, would you use it? This lesson explains project management information systems and how they can benefit your project.
5. Management Information Systems: Using Data to Manage Operations
Management information systems (MIS) are an important source of data for any organization. How that data is reviewed and analyzed is the responsibility of the managers, and in this lesson we will describe the role of MIS and how managers can use different types of data MIS can produce.
6. Management Information Systems: Role, Impact & Importance
How could a business survive without data about its market, the competition, its financial status and, most importantly, its customers? In this lesson, we'll examine management information systems and their crucial role for business owners.
7. Applications of Management Information Systems (MIS): Financial, Marketing, Manufacturing & Human Resources
Management Information Systems are typically organized around the functional areas of an organization. Learn about some of the most common applications of Management Information Systems.
8. Information Technology in Business: Benefits & Limitations
As technology continues to develop, the uses of information technology in business increase. IT has made it possible for many businesses worldwide to run successfully. Today, we'll discuss its benefits and its potential limitations.
9. How Technology Helps Achieve Business Success
Technology can help aid in the success of a business and has a winner-take-most-market reality for those with the best and most efficient technologies. In this lesson, you will learn the key ways technology helps businesses become leaders in their market.
10. Information Systems Jobs & Career Options
In this lesson, we'll give an overview of some of the careers in the information systems and technology fields. You have options, so let's explore them.
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Other chapters within the Business 303: Management Information Systems course
- Business Analysis & Process Models
- Knowledge Management in MIS
- Ethical Issues in MIS
- Computer Hardware in MIS
- Computer Software in MIS
- Data Management & Database Management Systems
- Networks & Telecommunications
- Developing Business Information Systems Processes
- Electronic Commerce Information Systems
- Global Business & Marketing Information Systems
- Required Assignments for Business 303
- Studying for Business 303