information systems
Instructions for Assignment
Read the unit overviews, the associated chapters in the book, participate in the online discussions
until week 4, read related research and answer the associated questions.
Questions
1) Explain the differences and focus of MIS systems and KMS systems. Research online,
present a specific company that most benefits from each type of system, analyze how each
company uses the system and explain the benefits that each system provides for the specific
company.
(1000 words)
2) Based on the theory presented in the course and other research on IS, present an outline of
an MIS solution for a medium to large company that offers either products or services to its
clients. Consider the organizational strategy, the functionalities and the applications.
(700 words)
3) Apply Porter’s competitive forces model in a bank. Make recommendations on how current
IS, online collaboration, Web 2.0, Social Networks and the increasing popularity of mobile
devices could benefit the bank and its customers. In your analysis have a separate section that discusses the security implications of the above technologies for the bank and for the
customers of the bank.
Sample Solution
An Information System (IS) is an essential component of modern business operations. It is designed to facilitate the effective storage, access, collection, and utilization of data and information. By integrating an IS into administration, businesses can improve the control of their activities, decision-making processes, operational efficiency, competitiveness, and target setting. However, not all IS are created equal, and there are different types of IS with different functionalities.
Two of the most commonly used IS are the Knowledge Management System (KMS) and the Management Information System. KMS is a system that facilitates the creation, sharing, and dissemination of knowledge within an organization. It enables employees to access and use knowledge that is critical to their work and to contribute to the development of new knowledge. KMS has been shown to improve organizational performance, facilitate information sharing, innovation, continuous improvement, and competitiveness.
information systems
On the other hand, Management Information System (MIS) is a system that is designed to manage the information needs of a business. It enables a company to appropriately manage the information it generates, stores, and shares. It is also used to develop effective reports that provide insight into business operations and performance. MIS has been shown to be effective in improving decision-making processes, operational efficiency, and target setting.
However, the discussion between these two different systems and the scrutiny of their application in various companies is critical to developing a proper understanding of Information Systems (IS). While KMS and MIS may have different functionalities, they are not mutually exclusive. In fact, they can be complementary and can be used together to enhance the performance of a business. It is therefore important for businesses to understand the different functionalities of KMS and MIS and how they can be integrated to create a comprehensive IS.
In summary, the effectiveness of an Information System is essential to the efficient administration of data and information. The integration of an IS into administration can enhance control of business activities, decision making, operational efficiency, competitiveness, and target setting. Businesses can choose to implement different types of IS, such as KMS and MIS, to meet their specific needs. Understanding the differences between these systems and their application in various companies is critical to developing a comprehensive understanding of Information Systems.
