Unit I: Introduction: Definition, Purpose, Objectives
Unit I: Introduction: Definition, Purpose, Objectives
Unit I: Introduction: Definition, Purpose, Objectives
MIS scholars learn courses which help CS scholars learn courses which are more
2.
them solve business problems. focused on technology.
MIS scholars mainly use technology to CS scholars are responsible for making
3.
grow business. technology better.
It prepares you for business and It prepares you for software engineering
8.
industry. roles.
Types of information system
For most businesses, there are a variety of
requirements for information. Senior managers
need information to help with their business
planning. Middle management need more detailed
information to help them monitor and control
business activities. Employees with operational
roles need information to help them carry out
their duties.
As a result, businesses tend to have several
"information systems" operating at the same time.
The main kinds of information systems in
business are described briefly below:
TRANSACTION PROCESSING
SYSTEMS
As the name implies, Transaction Processing Systems ("TPS")
are designed to process routine transactions efficiently and
accurately. A business will have several (sometimes many)
TPS; for example:
Money Transfer
In Kenya money transfer is mainly done
through the use of mobile phones. This was an
initiative of a multimillion shillings company in
Kenya. Mobile money transfer services in
Kenya are now provided an (ZAP). The oldest
has and is now generally used to refer to
mobile money transfer services even by other
companies other than
Mobile ATM
With the introduction of mobile money services for
the unbanked, operators are now looking for efficient
ways to roll out and manage distribution networks
that can support cash-in and cash- out. Unlike
traditional ATM, sicap Mobile ATM have been specially
engineered to connect to mobile money platforms
and provide bank grade ATM quality. In Hungary,
Vodafone allows cash or bank card payments of
monthly phone bills. The Hungarian market is one
where direct debits are not standard practice, so the
facility eases the burden of queuing for the postpaid
half of Vodafone’s subscriber base in Hungary.
Mobile ticketing
• Tickets can be sent to mobile phones using a variety of
technologies. Users are then able to use their tickets
immediately, by presenting their mobile phone at the ticket
check.
Mobile vouchers, coupons and loyalty cards
• Mobile ticketing technology can also be used for the distribution
of vouchers, coupons, and loyalty cards. These items are
represented by a virtual token that is sent to the mobile phone.
A customer presenting a mobile phone with one of these tokens
at the point of sale receives the same benefits as if they had the
traditional token. Stores may send coupons to customers using
location-based services to determine when the customer is
nearby.
CONTENT PURCHASE AND DELIVERY
Currently, mobile content purchase and
delivery mainly consists of the sale of ring-
tones, wallpapers, and games for mobile
phones. The convergence of mobile phones,
portable audio players, and video players into a
single device is increasing the purchase and
delivery of full- length music tracks and video.
The download speeds available with 4G
networks make it possible to buy a movie on a
mobile device in a couple of seconds.
Location-based services
The location of the mobile phone user is an
important piece of information used during
mobile commerce or m-commerce
transactions. Knowing the location of the user
allows for location- based services such as:
– Local discount offers
– Local weather
– Tracking and monitoring of people
Information services
A wide variety of information services can be delivered to
mobile phone users in much the same way as it is delivered
to PCs. These services include:
– News
– Stock quotes
– Sports scores
– Financial records
– Traffic reporting
Customized traffic information, based on a user's actual
travel patterns, can be sent to a mobile device. This
customized data is more useful than a generic traffic-report
broadcast, but was impractical before the invention of
modern mobile devices due to the bandwidth requirements.
Mobile banking
Banks and other financial institutions use mobile
commerce to allow their customers to access account
information and make transactions, such as purchasing
stocks, remitting money. This service is often referred to
as Mobile Banking, or M-Banking.
Mobile brokerage
Stock market services offered via mobile devices have
also become more popular and are known as Mobile
Brokerage. They allow the subscriber to react to market
developments in a timely fashion and irrespective of
their physical location.
Auctions
Over the past three years] mobile reverse
auction solutions have grown in popularity.
Unlike traditional auctions, the reverse auction
(or low-bid auction) bills the consumer's phone
each time they place a bid. Many mobile SMS
commerce solutions rely on a one-time
purchase or one-time subscription; however,
reverse auctions offer a high return for the
mobile vendor as they require the consumer to
make multiple transactions over a long period
of time.
Mobile browsing
Using a mobile browser—a World Wide Web browser
on a mobile device—customers can shop online
without having to be at their personal computer.
Mobile purchase
Catalog merchants can accept orders from customers
electronically, via the customer's mobile device. In
some cases, the merchant may even deliver the
catalog electronically, rather than mailing a paper
catalog to the customer. Some merchants provide
mobile websites that are customized for the smaller
screen and limited user interface of a mobile device.
In-application mobile phone payments
Payments can be made directly inside of an
application running on a popular smart phone
operating system, such as Google Android. Analyst
firm Gartner expects in-application purchases to
drive 41 percent of app store (also referred to as
mobile software distribution platforms) revenue in
2016. In-app purchases can be used to buy virtual
goods, new and other mobile content and is
ultimately billed by mobile carriers rather than the
app stores themselves. Ericsson’s IPX mobile
commerce system is used by 120 mobile carriers to
offer payment options such as try-before-you-buy,
rentals and subscriptions.
Mobile marketing and advertising
In the context of mobile commerce, mobile
marketing refers to marketing sent to mobile
devices. Companies have reported that they see
better response from mobile marketing
campaigns than from traditional campaigns. The
primary reason for this is the instant nature of
customer decision-making that mobile apps and
websites enable. The consumer can receive a
marketing message or discount coupon and,
within a few seconds, make a decision to buy and
go on to complete the sale - without disrupting
their current real-world activity.
For example, a busy mom tending to her
household chores with a baby in her arm could
receive a marketing message on her mobile
about baby products from a local store. She can
and within a few clicks, places an order for her
supplies without having to plan ahead for it. No
more need to reach for her purse and hunt for
credit cards, no need to log into her laptop and
try to recall the web address of the store she
visited last week, and surely no need to find a
babysitter to cover for her while she runs to the
local store.
Research demonstrates that consumers of
mobile and wire line markets represent two
distinct groups who are driven by different values
and behaviors, and who exhibit dissimilar
psychographic and demographic profiles. As a
result, successful mobile commerce requires the
development of marketing campaigns targeted to
this particular market segment.
ERP:-Enterprise resource planning (ERP) systems
integrate internal and external management of
information across an entire organization—
embracing finance/accounting, manufacturing,
sales and service, customer relationship
management, etc. ERP systems automate this
activity with an integrated software application.
ERP facilitates information flow between all
business functions inside the organization, and
manages connections to outside stakeholders.
CHARACTERISTICS
ERP (Enterprise Resource Planning) systems
typically include the following characteristics:
– An integrated system that operates in real time (or
next to real-time), without relying on periodic updates.
– A common database, which supports all applications
– A consistent look and feel throughout each module
– Installation of the system without elaborate
application/data integration by the Information
Technology (IT) department provided the
implementation is not done in small steps.
UNIT II
Outsourcing IT Services
• In considering whether to outsource IT services, management should
ask the following questions:
• What do we do outside out specialties that could be done better for
us by organizations
Integration of Organization Systems and Information Systems:-
The most challenging part of CBA is finding past choices which reveal the
tradeoffs and equivalencies in preferences. For example, the valuation of the
benefit of cleaner air could be established by finding how much less people
paid for housing in more polluted areas which otherwise was identical in
characteristics and location to housing in less polluted areas. Generally the
value of cleaner air to people as revealed by the hard market choices seems
to be less than their rhetorical valuation of clean air.
In order for the business case to have the best chance of securing the desired
funds, a significant portion of the proposal should focus on the quantitative
aspects of proposed projects, as opposed to the qualitative characteristics.
Quantitative analysis focuses on measurable numeric data while qualitative
analysis is based on observed characteristics that are difficult to measure. An
example of qualitative data associated with a software implementation
would be the cost of savings realized, while an example of qualitative data
could be improved employee morale.
Assessing Information Needs of the Organization
To facilitate the management decision making at all levels of company, the
MIS must be integrated. MIS units are companywide. MIS is available for
the Top management. The top management of company should play an
active role in designing, modifying and maintenance of the total
organization wide management information system.
• Subject Oriented
• Integrated
• Nonvolatile
• Time Variant
7. Prediction:
Prediction has used a combination of the other
techniques of data mining like trends, sequential
patterns, clustering, classification, etc. It analyzes
past events or instances in a right sequence for
predicting a future event.
CENTRALIZED AND DISTRIBUTED
PROCESSING
Centralized Data Processing (CDP) uses Centralized computers,
processing, data, control, support. The advantages are Economy for
equipment and personnel, Lack of duplication, Ease in enforcing
standards, security. In Distributed Data Processing (DDP)Computers
are dispersed throughout organization. Which allows greater flexibility
in structure, More redundancy and More autonomy.