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Ch 19: MIS Basics in Business

About This Chapter

Watch lessons regarding management information systems to learn about business applications software, Internet and extranet utilization, data management for businesses and more. You can take the cumulative exam at the end of the chapter to determine how well you understand what you've reviewed.

MIS Basics in Business: Chapter Summary and Learning Objectives

The knowledge and utilization of management information systems (MIS) is an important part of competing in today's increasingly information-based marketplace. In order to run a successful business within any modern market, an organization must learn to take advantage of all of the different information systems resources that are currently available.

In this chapter, our instructor explains how enterprise software for business applications can be used to create market advantages, increase productivity, foster communication and collaboration, improve customer relations and help manage the data of an organization. Several lessons focus exclusively on how data can be captured, stored, organized, categorized and shared in order to help businesses make intelligent day-to-day and year-to-year decisions. To help you better understand how modern business strategies are often based on information systems and data collection, a number of different vocabulary terms will also introduced within each lesson.

Upon completing the chapter, you should to be able to:

  • Explain how management information systems (MIS) and business intelligence (BI) are used to make business decisions
  • Describe the various internet services used for business communication and collaboration
  • Analyze the advantages that information systems bring to the market

Video Objective
Business Strategies: Market Advantages Provided by Information Systems Analyze different types of business strategies and how they provide major advantages in the marketplace.
Internet Communication: Twitter, Email, IM, Blogging, RSS & Newsgroups Identify the various Internet services used to communicate on different levels.
Internet Collaboration: Second Life, VOIP, Video Conferencing, Virtual Reality & Telepresence Look over the numerous tools available to collaborate via the Internet.
Business Intelligence (BI): Organizing, Categorizing and Accessing Data Describe BI to see how data is organized, accessed, and categorized to help managers make wise business decisions.
Management Information Systems (MIS): Manager Decision-Making Tools Learn about MIS and the various ways it helps managers.

5 Lessons in Chapter 19: MIS Basics in Business
Test your knowledge with a 30-question chapter practice test
Business Strategies: Market Advantages Provided by Information Systems

1. Business Strategies: Market Advantages Provided by Information Systems

What business strategies might an information system use? We'll take a look at the concepts of business process modeling, process re-engineering, total quality management and competitive advantage and see how they relate to information systems.

Internet Communication: Social Media, Email, Blog, & Chat

2. Internet Communication: Social Media, Email, Blog, & Chat

This lesson talks about how social media adds business value by building networks that enhance competitive advantage, enable the exchange of information, foster strong relationships and serve as a foundation of building professional and personal relationships irrespective of different geographical spaces and time zones.

Internet Collaboration: Second Life, VOIP, Video Conferencing, Virtual Reality & Telepresence

3. Internet Collaboration: Second Life, VOIP, Video Conferencing, Virtual Reality & Telepresence

Today, individuals and businesses are collaborating and interacting online from dispersed locations. Many technologies make it possible to communicate, learn, conduct business, and socialize with people from anywhere in the world. This lesson will discuss various Internet collaboration tools and virtual reality concepts.

Business Intelligence (BI): Organizing, Categorizing and Accessing Data

4. Business Intelligence (BI): Organizing, Categorizing and Accessing Data

Business Intelligence uses specialized information systems to gain a competitive edge in the marketplace. Learn about some of the specific tools used in Business Intelligence.

Management Information Systems (MIS): Manager Decision-Making Tools

5. Management Information Systems (MIS): Manager Decision-Making Tools

Management information systems help managers make effective decisions to support ongoing operations within an organization. Learn about the types of reports produced by an MIS.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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