Monday, October 14, 2013

Common Business Information SYstems and a Comparison of Data Gathering Techniques

The contemporary product line has a need to manage and furbish up on more than selective information than has ever been the topic before. As more or less every perspective of business generates data, it is imperative that data is imperturb open and processed expeditiously and without error. This essay will attempt to rationalise the differences between special K information systems utilized in business, and in addition pick up a number of common data crowd techniques. Types of business information systems good deal be broken deplete into some(prenominal) different groups. (Tutor2u, 2008) These groups are way Information Systems, finish clog up Systems, Knowledge attention Systems, Transaction Processing Systems and dominance mechanization Systems. These will now be explained in more detail. A commission information system (MIS) typically extracts data from different systems in the business, such as the transaction bear upon systems, and creates repor ts for accustom by management. According to Kotler & Lane (2006), it is: a way of multitude and sorting timely and accurate information and fashioning it getable to finis makers further up the management chain. A decision abet system is typically used by management in a confederation to aid in strategic decision making through effective abbreviation of company data. such systems typically utilize spreadsheets and databases to analyze the data.
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Management is able to produce what-if scenarios with this data, and also analyze alternative options. much(prenominal) systems are sometimes known as executive support systems. Knowl edge Management Systems Knowledge managem! ent systems (KMS) exist to drive the storage and overlap of vital knowledge within an organization. Such knowledge can include training manuals, procedure information and other intellect property relevant to the business. According to Corrall (1999), it is: A discipline that promotes an structured approach to identifying, managing and sharing all of an first steps information assets It can be further draw as an...If you want to get a full essay, graze it on our website: BestEssayCheap.com

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