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Information required in different levels of management in organization?
Wiki User
∙ 13y ago
Strategic management level
Tactical management level
Operational management level
Consider information required by different departments at different levels as above i.e
human resource department,
financial department,
marketing department,
production/operations department
Wiki User
∙ 13y ago
Wiki User
∙ 13y agodiscuss the information required in different levels of management in an oganisation.
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How many types of information system in business organization?
Information systems differ in their business needs. Also depending upon different levels in organization information systems differ. Three major information systems areTransaction processing systemsManagement information systemsDecision support systemsThe information needs are different at different organizational levels. Accordingly the information can be categorized as: strategic information, managerial information and operational information.Strategic information is the information needed by top most management for decision making. For example the trends in revenues earned by the organization are required by the top management for setting the policies of the organization. This information is not required by the lower levels in the organization. The information systems that provide these kinds of information are known as Decision Support Systems.
What purpose does a project management information system serve?
A Project Management Information System, or a PMIS is the organization of what information is required for an organization to carry out a successful project and is usually one or more software applications.
What includes tasks such as planning budgeting organization staffing controlling and leading which are required to accomplish a specified project?
Management
What job services does Chetanas focus on?
Chetanas provides information and services about jobs in the different IT and office management sections. They also give access to different materials and kits required for a given position.
Can audit teams share information?
An audit team can share information to some extent. they can share information to the following members/factors: Government( if required) Directors of the organization Accounts department of the organization
What is MIS- Management Information system?
(Management Information System) An information system that integrates data from all the departments it serves and provides operations and management with the information they require.
Where can one find information on investment management?
One can find investment management information on banking websites. In the UK banks such as HSBC, Natwest and Barclays will provide information as required. Building societies can also help.
Why management required in any organisation?
To keep the organization and team focused, prevent dysfunction, just like a aircraft carrier needs a top dog to keep the ship running smoothly, so does an organization.
What is difference between transaction process system between decision support system?
Information systems differ in their business needs. Also depending upon different levels in organization information systems differ. Three major information systems areTransaction processing systemsManagement information systemsDecision support systemsFigure 1.2 shows relation of information system to the levels of organization. The information needs are different at different organizational levels. Accordingly the information can be categorized as: strategic information, managerial information and operational information.Strategic information is the information needed by top most management for decision making. For example the trends in revenues earned by the organization are required by the top management for setting the policies of the organization. This information is not required by the lower levels in the organization. The information systems that provide these kinds of information are known as Decision Support Systems.Figure 1.2 - Relation of information systems to levels of organizationThe second category of information required by the middle management is known as managerial information. The information required at this level is used for making short term decisions and plans for the organization. Information like sales analysis for the past quarter or yearly production details etc. fall under this category. Management information system (MIS) caters to such information needs of the organization. Due to its capabilities to fulfill the managerial information needs of the organization, Management Information Systems have become a necessity for all big organizations. And due to its vastness, most of the big organizations have separate MIS departments to look into the related issues and proper functioning of the system.The third category of information is relating to the daily or short term information needs of the organization such as attendance records of the employees. This kind of information is required at the operational level for carrying out the day-to-day operational activities. Due to its capabilities to provide information for processing transaction of the organization, the information system is known as Transaction Processing System or Data Processing System. Some examples of information provided by such systems areprocessing of orders, posting of entries in bank, evaluating overdue purchaser orders etc.Transaction Processing SystemsTPS processes business transaction of the organization. Transaction can be any activity of the organization. Transactions differ from organization to organization. For example, take a railway reservation system. Booking, canceling, etc are all transactions. Any query made to it is a transaction. However, there are some transactions, which are common to almost all organizations. Like employee new employee, maintaining their leave status, maintaining employees accounts, etc.This provides high speed and accurate processing of record keeping of basic operational processes. These include calculation, storage and retrieval.Transaction processing systems provide speed and accuracy, and can be programmed to follow routines functions of the organization.Management Information SystemsThese systems assist lower management in problem solving and making decisions. They use the results of transaction processing and some other information also. It is a set of information processing functions. It should handle queries as quickly as they arrive. An important element of MIS is database.A database is a non-redundant collection of interrelated data items that can be processed through application programs and available to many users.Decision Support SystemsThese systems assist higher management to make long term decisions. These type of systems handle unstructured or semi structured decisions. A decision is considered unstructured if there are no clear procedures for making the decision and if not all the factors to be considered in the decision can be readily identified in advance.These are not of recurring nature. Some recur infrequently or occur only once. A decision support system must very flexible. The user should be able to produce customized reports by giving particular data and format specific to particular situations.Summary of Information SystemsCatagories of Information SystemCharacteristicesTransaction Processing SystemSubstitutes computer-based processing for manual procedures. Deals with well-structured processes. Includes record keeping applications.Management information systemProvides input to be used in the managerial decision process. Deals with supporting well structured decision situations. Typical information requirements can be anticipated. Decision support systemProvides information to managers who must make judgements about particular situations. Supports decision-makers in situations that are not well structured. Related Topics
What is ILM?
Short for information lifecycle management, the creation and management of a storage infrastructure and the data that it maintains. All information, or data, in a storage network has a specific lifecycle, from the time the information enters an organization's system to the time it is archived or removed from the system. The information may have a finite lifecycle-where the data are eventually removed from a storage network when the information becomes outdated or no longer needed-or an infinite lifecycle if the information remains valuable to the organization retaining it. In general, there are three stages in the information lifecycle: * The creation and/or acquisition of the data - information comes into the organization either by being created by one or more individuals or by being acquired through e-mails, faxes, letters, phone calls, etc. * The publication of the data - some information needs to be published, either in print form or on a company's intranet or a public Web site. * The retention and/or removal of the data - some information must be archived for later use, and some information has a finite purpose and can be discarded once it has served its purpose or is no longer valuable to the organization. The management of the information lifecycle involves keeping the data accessible to the users who need the information and determining how the information is stored based on how high of a priority the information has in the organization at any given moment. At each stage in the information's lifecycle, the management infrastructure must determine the best software, hardware and storage medium required for the information at that stage, and how those factors differ as the data move through the lifecycle
When are all Integrated Program Management Report formats required?
An organization whose acquisition processes are well documented and standardized would be rated a what in the SCAMPI
What is the annual operating budget of the Defenders of Wildlife organization?
The yearly operating budget of the Defenders of Wildlife organization varies by year and money allotted for the budget. As of 2011 the budget required $3.3 billion for the operation and management.
