MGMT6013 Managing Information System Assessment Answer

MGMT6013  Managing Information System

This unit covers the aspects related to human behavior in organizations. The prerequisites for this unit involve MGMT3023 Management theory and behavior. This subject encompasses the theoretical and application-based survey of the human factors within an organization. The course utilizes the combination of exercises, textbook readings, and research studies of real-world organizations for providing the MBA students with the interpersonal processes and working knowledge of the personal and interpersonal processes which is involved in the leadership and the management of the organizations.

Unit details:

Unit Code: MGMT 6013

Study level: Postgraduate

University: Southern Arkansas University

Credits: 5

Field of study: Business and Management

MGMT6013 Unit description

This unit is designed by the university to introduce the MBA students to the knowledge and understanding of the basic functions of the Employee / Employer relationship and the framework within which this relationship is regulated.

Learning outcomes for this course

After the successful completion of this course, the students would be able to:

• Discuss the relationship between the employer and the employee.
• Explain the importance of trade unions and employer's organizations.
• Discuss the importance of fair procedures within dispute resolution.
• Describe the role of relevant institutions and the organization in employee relations disputes.

The indicative content of this course is presented below:

Employee Relations: The nature and the context of an employment relationship – duties, rights, and responsibilities arising from the psychological contract between the employer and the employee, contract of employment, and other relevant regulations and legislation.

Employers and Trade Union Organizations: The structure and role of the trade unions and employer organization. The advantage and disadvantages of joining such associations and the trends in membership.

Institutions involved in dispute resolution: This module introduces the students to the relevant institutional framework - background, aims, structure, objectives, function, operation, usage, and evolution.

Collective Bargaining: The development of the concept of collective bargaining.

Management Information Systems

The management information system refers to the study of technology, people, organizations, and the relationship among them. The professionals in the field of management information systems help the entities in realizing the maximum profit from the investment made in personnel, business processes, and equipment. The MIS is one of the people-oriented fields that lays greater emphasis on the service through technology. Generally, the management information system refers to an information system that is used for decision making and for the control, coordination, analysis, and visualization of information systems within the organization. It involves the study of people, processes, and technological aspects within the organization. In the corporate world, the ultimate goal of the MIS system is to increase the value and profitability of the businesses through the timely and appropriate flow of information within the organization that allows them to make effective decisions within a shorter period of time.

For managers, the Management Information System refers to the process of implementation of the procedures and organizational systems within the corporation. It is considered the planned system of collecting, storing and disseminating data in the form of data that are required for the smooth functioning of the business operations.

Brief of MGMT 6013 Assessment

The main goals or objectives of the management information system include the implementation of the organizational structure and the dynamics of the corporation, with the main objective of managing the organizational affairs in the most effective and efficient manner. The effectively-developed management information system can help the organization to enjoy a competitive edge over its competitors and acquire a large share in the market. The basic objectives of the management information system are as follows:

Capturing Data: The first object of the MIS system is to capture the operational information or contextual data from internal as well as external sources of the organization which would enable the management to make effective decisions.

Processing Data: All the captured data are then processed into information that is needed for planning, coordinating, organizing, directing, and controlling the functionalities at the tactical, strategic, and operational levels. The processing of data implies performing calculations with the relevant data, sorting data, classifying of data, and summarizing the data.

Information Storage: The processed data or information that need to be stored for future use.

Information Retrieval: The management information system should be such that it would be able to retrieve the information as and when required by the various users.

Information Propagation: The finished product or the information of the MIS should be circulated to the users of information periodically using the organizational network.

Characteristics of the Management Information System

The management information system has the following characteristics:

• It should be based on operational, tactical, and strategic information of the managers of an organization.
• It should be based on long-term planning.
• It should work as a complete and comprehensive system that covers all the interconnecting subsystems within the organization.
• It should also take care of exceptional situations by reporting such situations.
• It should create a link between the sub-systems within an organization which would enable the decision makers to take the right decision on the basis of an integrated view.
• It should enable the easy flow of information through various sub-systems, which avoids duplicity of data and redundancy. It should simplify the operations with as much practicability as possible.
• It should be able to make estimates and forecasts and generate advanced information, that provides a competitive advantage. The decision-makers can take the right decision on the basis of an integrated approach.
• The central database is the backbone of the well-built management information system.

Characteristics of Computerized MIS

• It should be able to handle data reliably and quickly, employing approaches such as operations research, simulation, and heuristics, among others.
• It should be able to gather, organize, alter, and update a huge amount of raw data, both relevant and unrelated, from a variety of internal and external sources throughout time.
• It should be able to deliver real-time updates on current happenings without any delay.
• It should be able to produce in a variety of formats and adhere to the most up-to-date norms and regulations.
• It should offer well-organized and timely data to all levels of management, including strategic, operational, and tactical.
• It should strive for maximum data storage and retrieval flexibility.

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